TRY Transfers (Turkish lira)

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Written by Currencies
Updated 8 months ago

Who can I send TRY to?
What details do I need for the recipient?
How long will it take for my TRY to arrive?
Do you limit the amount of TRY I can send?
How can I pay for my TRY transfer?


Who can I send TRY to?

You can send TRY to any bank account in Turkey.


What details do I need for the recipient?

You’ll need their:

  • Name (as it appears on their account)
  • IBAN (TR, followed by a 24-character code)
  • SWIFT/BIC code (8-11 digits)

What is an IBAN? 
What is a SWIFT code?


How long will it take for my TRY to arrive?

We can transfer your TRY the same working day, if we receive your payment by 09:15 am.

(Occasionally we might need you to supply additional documents, which can affect the transfer time. But we’ll keep you informed every step of the way.)


Do you limit the amount of TRY I can send?

No. Some FX companies limit the amount of TRY you can send or receive.
We give you the freedom to send as many Turkish lira as you like.


How can I pay for my TRY transfer?

You can pay by bank transfer.


In case you were wondering...

What is an IBAN?
IBAN stands for International Bank Account Number. IBANs make it easier to send or receive funds from overseas. They don’t replace your sort code and account number; they contain extra characters that help overseas banks identify your account.

What do IBAN numbers look like?
Here’s what an IBAN might look like for a bank account in Turkey:

IBAN (electronic format)
TR521234519876543210123456

IBAN (human-readable format)
TR52 1234 5198 7654 3210 1234 56

What is a Turkish IBAN number made up of?
TR 52 12345 1 9876543210123456

[2-character Country Code]
[2-digit IBAN Checksum]
[5-digit Bank Code]
[Check digit]
[16-digit Account Number]

What is a SWIFT code?
The SWIFT international payment network is used to send and receive electronic payments (also known as wire payments). It sends payment orders between banks using SWIFT codes, so banks can transfer money quickly, reliably, and securely.

SWIFT code format: AAAA | BB | 11 | 222

AAAA – represents the bank (for example, Barclays is BUKB)

BB – represents the country where the bank is located.

11 – designates location of banks main office.

222 – code for the bank branch.

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