Money Transfer to Turkey
14 April, 2022

TangoPay: Money Transfer to Turkey

According to one study in 2019, over 270 million migrants send money home each year, meaning it’s essential to have an efficient and safe means. Another study reveals that approximately forty-eight thousand Turkish nationals live in the UK.

So how can money transfer to Turkey be done safely? Introducing TangoPay.

TangoPay offers inclusion by bridging the gap between the banked and the unbanked migrants of the UK and EU. They do this by providing a safe means to transfer money to another country.

We'll look at how to make money transfers to Turkey via TangoPay.

Why TangoPay?

Here are some reasons why using TangoPay to make money transfers to Turkey is the best option:

  1. Authorised payment institution and regulated by the Financial Conduct Authority (FCA)
  2. Use anti-fraud and encryption technology to keep details and transactions secure and safe
  3. Real-time exchange rates offered
  4. Transfer rates are set in advance, and you won’t be charged any transfer fee for the first three months.
How to Transfer Money to Turkey

It’s easy, quick, and efficient to transfer money using TangoPay. Simply follow these simple steps:

  1. Download The App
  2. Sign Up
  3. Set Up Transfer
  4. Pay
  5. Complete

It’s as easy as that!

Where to Send Money Transfers to

TangoPay’s easy, affordable and convenient services allow you to send money transfers to Turkey via:

  1. Cash Pick-Up: This is where money can be transferred electronically to a person, but instead of being transferred into their bank, they can pick the cash up from a physical location.
  2. Direct to Bank

TangoPay supports more than 57 banks in Turkey. This includes all the major banks. Also, the Central Bank of the Republic of Turkey oversees the banks of Turkey. It sets the exchange and monetary policies of the country.

Ziraat Bank

This state-owned bank manages around 1,752 branches and is in 19 countries. It has approximately 7,278 ATMs available and focuses on real estate and individuals.

Garanti Bank

Based in Istanbul, Garanti has around 904 branches in Turkey, seven branches, and two overseas representative offices. It offers services such as personal banking and commercial and corporate.

Cash Pick-Up Channels

There are several cash pick-up points from where you can collect the cash. Apart from this, one can also collect from the below-mentioned pick-up points

  1. All Turkish Post Offices (PTT),
  2. Aktif Bank branches and
  3. UPT Offices
Money Transfer Made Easy

Money transfer to Turkey doesn’t have to be stressful. With TangoPay, the process can be easy, quick, and convenient. If you need help, we are available 24/7 via email, in-app or chat box facilities.

To find out more about what we do, visit us here. We’d love to hear from you.