Cost to send money from Türkiye to Bulgaria
Sending TRY 570 from Türkiye to Bulgaria cost 118.19% of the amount on average in Q3 2025, across 11 services surveyed by the World Bank. The lowest cost was 13.20% (MoneyGram) and the highest 307.20%. TRY 570 is the World Bank's standard amount for this corridor, set as the equivalent of US$200. A year earlier, in Q3 2024, the average was 72.96%.
| Average total cost (US$200 equivalent) | 118.19% |
| Average total cost (US$500 equivalent) | 49.72% |
| Average FX margin | 1.99% |
| Money transfer operators | 50.89% across 5 services |
| Banks | 185.41% across 5 services |
| Surveyed | 18 Aug 2025 to 2 Sep 2025, 9 providers |
Every service surveyed, cheapest first
Total cost is the fee plus the FX margin, as a share of TRY 570.
| Provider | Type | Pay by | Receive as | Speed | Fee | FX margin | Total cost |
|---|---|---|---|---|---|---|---|
| MoneyGram | Money Transfer Operator | Cash | Bank account | Same day | TRY 60.00 | 2.67% | 13.20% |
| MoneyGram | Money Transfer Operator | Cash | Cash | Same day | TRY 60.00 | 2.67% | 13.20% |
| Wise | Money Transfer Operator | Bank account transfer | Bank account | Same day | TRY 149.88 | 0.00% | 26.29% |
| UPT | Money Transfer Operator | Cash | Bank account | Same day | TRY 477.00 | 0.75% | 84.43% |
| Turkey IS Bank | Bank | Bank account transfer | Bank account | 2 days | TRY 598.50 | 1.12% | 106.12% |
| Ziraat Bank | Bank | Bank account transfer | Bank account | 2 days | TRY 631.27 | 2.88% | 113.63% |
| Western Union | Money Transfer Operator | Bank account transfer | Bank account | Same day | TRY 657.29 | 2.04% | 117.35% |
| Turkey IS Bank via Western Union | Bank / Money Transfer Operator | Bank account transfer | Bank account | 2 days | TRY 661.47 | 2.55% | 118.60% |
| Yapı ve Kredi Bankası | Bank | Bank account transfer | Bank account | 2 days | TRY 999.99 | 2.69% | 178.13% |
| Denizbank | Bank | Bank account transfer | Bank account | 2 days | TRY 1,247.40 | 3.13% | 221.97% |
| Turkey IS Bank | Bank | Bank account transfer | Bank account | 2 days | TRY 1,743.00 | 1.41% | 307.20% |
How the cost has moved
The average was 11.35% in Q2 2016, the first quarter in this series with data for the corridor, and 118.19% in Q3 2025.
The UN target
The UN Sustainable Development Goals aim to bring the global average cost of sending remittances below 3% by 2030 and to remove corridors costing more than 5%. The World Bank measures the 5% test on the average of the three cheapest qualifying services in each corridor, not on the corridor average. source In this corridor the three cheapest services surveyed averaged 17.56% (a plain average, without the World Bank's qualifying rules).
Related
Frequently asked questions
How much does it cost to send money from Türkiye to Bulgaria?
Sending TRY 570 from Türkiye to Bulgaria cost 118.19% of the amount on average in Q3 2025, across 11 services surveyed by the World Bank. The lowest cost was 13.20% (MoneyGram) and the highest 307.20%. TRY 570 is the World Bank's standard amount for this corridor, set as the equivalent of US$200. A year earlier, in Q3 2024, the average was 72.96%.
Which service cost least from Türkiye to Bulgaria?
In the World Bank's Q3 2025 survey the lowest total cost was 13.20% of TRY 570, from MoneyGram. Costs change with exchange rates, so check current prices with each provider.
Where Polynopsis fits
The companies surveyed here move money across borders every day, and many of them prefund payout partners in the receiving country. Polynopsis is liquidity software for those companies: one live position across their banks, payout partners and wallets, with a warning before a corridor runs dry.
Data: World Bank, Remittance Prices Worldwide (complete dataset, licensed CC BY 4.0). Averages and charts are worked out by Polynopsis from that dataset. Services without a US$200 quote are left out of the averages, so a few corridors differ slightly from the World Bank site. Each corridor uses the local send amount the World Bank set as the equivalent of US$200; where that amount is now worth much less than US$200, fixed fees make the percentage cost higher.
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.
About Polynopsis
Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.
Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator