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Old 15th October 2016, 16:23   #1 (permalink)
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Bestway to get Turkish Lira back to England

We have sold our house in kadikalesi a lot quicker than expected. So was wondering the best snd chearpest way to send the money back to England.We have a Garanti account and a Barclays acount in Engand . Money is being paid in turkish lira as we have sold to Turkish
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Old 15th October 2016, 16:36   #2 (permalink)
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Re: Bestway to get Turkish Lira back to England

Convert to £s and do a bank transfer as per your earlier thread

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Old 15th October 2016, 17:45   #3 (permalink)
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Re: Bestway to get Turkish Lira back to England

Sorry, canít add to this discussion but can anyone tell me how much cash (TL or USD) one can legally take out of Turkey?
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Old 15th October 2016, 17:49   #4 (permalink)
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Re: Bestway to get Turkish Lira back to England

10.000 euro's is the limit without any questions being asked
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Old 16th October 2016, 15:28   #5 (permalink)
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Re: Bestway to get Turkish Lira back to England

Quote:
Originally Posted by Jaycey View Post
Sorry, canít add to this discussion but can anyone tell me how much cash (TL or USD) one can legally take out of Turkey?
Do you mean on your person, or send through the bank?
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Old 16th October 2016, 15:32   #6 (permalink)
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Re: Bestway to get Turkish Lira back to England

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Originally Posted by Jaycey View Post
Sorry, canít add to this discussion but can anyone tell me how much cash (TL or USD) one can legally take out of Turkey?
As much as you can hide around your person.
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Old 16th October 2016, 15:36   #7 (permalink)
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Re: Bestway to get Turkish Lira back to England

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Originally Posted by IbrahimAbi View Post
Do you mean on your person, or send through the bank?
I meant on person but it seems the answer to that is Euro 10k & that's the limit that I can bring into Ukraine.

Is there then any limit on a bank transfer?
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Old 16th October 2016, 16:12   #8 (permalink)
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Re: Bestway to get Turkish Lira back to England

Bank transfer limits differ between countries. In Germany we have to declare any non-EU bank transfer that's higher than 12.500EUR. There're no additional taxes (unless it's a business transfer), you just call a number and inform them. It's likely different for other countries
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Old 16th October 2016, 19:50   #9 (permalink)
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Re: Bestway to get Turkish Lira back to England

Speaking from recent experience, cheapest and best rates for transfer are with Transferwise. It's all done online.
They charge 0.5% and will fix a rate for transfer as long as you are ready to go. The average bank takes 3% plus extras along the way. . . .
You will have to transfer your TL to Transferwise's Garanti bank a/c first, which will be charged, if you are not already with them.
Transferwise will need copies of your ID; passports and driving licences are best and you can either email or hold the documents up to the camera on your laptop/phone, and they will confirm it is satisfactory. The money reaches your UK a/c within 48hrs.
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Old 17th October 2016, 06:52   #10 (permalink)
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Re: Bestway to get Turkish Lira back to England

Hi 0.5% seems quite high didnt pay that much when we transfered the money out 12 years ago.I was wondering if it was possible to do internet banking from garanti to barclays in the uk thanks
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