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Old 12th October 2013, 15:20   #1 (permalink)
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Transferring money from Turkey to UK

Hi, I've sold my apartment in Turkey can anyone tell me the cheapest way to transfer money from Turkey to my English Bank account?
Also the estate agent says for the transaction sale to be legal the money first has to be paid into a Turkish Bank does anyone know if this is correct?
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Old 12th October 2013, 15:41   #2 (permalink)
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Re: Transferring money from Turkey to UK

I sold to an English couple and the money was transferred direct into my English Bank account.

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Old 13th October 2013, 11:25   #3 (permalink)
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Re: Transferring money from Turkey to UK

If you are getting paid in Turkish Lira then it would be easier to pay it into a Turkish bank account, make sure you also open a GBP account, so that you can convert the currency, and arrange internet access for your accounts, you can then transfer the money over the internet. You might have to do it in several chunks depending on the transfer limits your bank imposes, but it is certainly one of the cheapest ways to do it.
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Old 13th October 2013, 15:58   #4 (permalink)
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Re: Transferring money from Turkey to UK

Also allows you to tranfer to sterling when the rates are more favourable for you.
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Old 13th October 2013, 16:10   #5 (permalink)
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Re: Transferring money from Turkey to UK

Whatever you do, DO NOT take cash unless your going straight to the bank.........quite a few people have taken cash & overnight been robbed. To take substantial amounts of cash in & out of any country is an issue......................ask Costa Coffee

Bank to bank................Turkish to English
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