Payment to suppliers in Turkey with fixed exchange rate
We transfer lira to Turkish suppliers via Havale/EFT and bank SWIFT. We fix the rate at the time of application - we protect against TRY volatility.
Payments to Turkey
Türkiye is the largest supplier of textiles, clothing, furniture and building materials for the CIS countries. The volatile lira requires a quick fixation of the rate.
Corridor profile
Payments to Turkey
- Currency
- TRY (Turkish lira)
- Commission
- from 1.5%
- Speed
- 1–2 business days
- Minimum
- from $500
- Way
- Havale/EFT/SWIFT
- Banks
- 4 partner banks
Fixing the TRY rate at the time of application - protection from the volatility of the lira
Domestic Havale/EFT transfers are credited on the same day
Experience with textile and furniture factories in Istanbul, Bursa, Denizli
Payment for wholesale markets: Laleli, Merte, Grand Bazaar
Full package of documents for Turkish customs and tax
How we make payments to Turkey
Havale for fast domestic transfers, SWIFT for international payments.
Havale/EFT
Внутренний банковский перевод
Same dayInternal Turkish transfer between banks. The cheapest payment method. Enrollment during business hours takes minutes.
Bank transfer (SWIFT)
Межбанковский перевод
1–2 business daysSWIFT transfer in TRY or USD to a Turkish bank account. For large contracts and suppliers who do not accept internal transfers.
Conversion and crediting in lira
You pay in a stable currency - we take on the risk of conversion to the volatile TRY.
USD/EUR/KGS
OZTA
₺ TRY
The TRY rate is fixed at the time the application is confirmed. The lira is volatile - fixing it protects against losses on the exchange rate.
Lira volatility
TRY has lost more than 80% against USD over the past 5 years. We fix the course instantly - you do not lose on fluctuations between the application and enrollment.
Fixing the course
The rate is fixed for 2 hours from the moment of confirmation. For large amounts (from $50,000) - booking for 24 hours is possible.
Turkish holidays
During Ramadan Bayram and Eid al-Adha, banks are closed for 3-5 days. Plan payments based on the religious calendar.
Difficulties in payments to Turkey
Volatile exchange rates, cash payments in markets and a confusing system of bank transfers.
The TRY rate changes by 2–5% per week - between the application and enrollment you can lose on the course
Many suppliers in the Laleli and Merte markets work only in cash
Turkish banks conduct correspondence only in Turkish - errors in documents block payment
Refunds from Turkey take 2-4 weeks due to bureaucracy
We fix the TRY rate at the time of application - you pay exactly as much as agreed
Our representatives in Istanbul pay in cash at the markets and provide a fiscal receipt
We prepare documents in Turkish, communicate with banks directly - your participation is not needed
We specify the terms of return in the contract in advance - we speed up the process through our lawyers
Typical payment scenarios to Turkey
From the textile factories of Bursa to the furniture factories of Antalya.
Payment for factories and production
Regular payments to Turkish factories for textiles, furniture, and building materials. Havale or SWIFT with fixed rate.
Purchasing from wholesale markets
Payment for goods at the Laleli, Merte, Osmabey markets. Cash payment through our representatives in Istanbul.
First purchases from Turkey
Payment for the first batch of goods or samples. We help you choose the appropriate payment method for your Turkish supplier.
Shopping for yourself
Payment for Turkish shops, furniture, clothing. Without a foreign currency account, without knowledge of the Turkish language.
Cost of payments to Turkey
Transparent commission with fixed exchange rate. No hidden conversion fees.
Starting
from 3.0%One-time payments. Havale/EFT or SWIFT. Fixing the course.
Minimum $500- Popular
Business
from 2.0%Regular payments from $5,000/month. Priority processing, personal manager.
- Best bet
Corporate
from 1.5%Volumes from $30,000/month. Individual course, booking for 24 hours.
The exact rate depends on the amount, transfer method and TRY volatility.
How is payment processed to Turkey?
From application to enrollment - 4 steps with course fixation.
- 01
Application and rate fixation
Send an invoice - we fix the TRY rate and calculate the total amount in your currency.
30 minutes - 02
Payment to us
Transfer the amount to our account in USD, EUR or KGS.
1 day - 03
Transfer to supplier
We send a Havale/EFT or SWIFT transfer to the account of the Turkish supplier.
Same day - 04
Documents
You receive confirmation of the transfer, an agency report and documents for customs.
1 day
Tips for working with Turkish suppliers
How to work effectively with Turkish suppliers.
Well
Fix the course immediately
The Lira could lose 1-2% per day. Fix the rate at the time of application. For amounts over $50,000, we book the course for 24 hours.
Planning
Consider religious holidays
Ramadan, Eid al-Fitr - banks and factories are closed for 3-5 days. Pay in advance so that the goods are shipped before the holidays.
Saving
Havale is cheaper than SWIFT
Domestic Havale/EFT transfer is cheaper than international SWIFT. We use Havale as default for Turkish suppliers.
Negotiation
Trade in TRY, not USD
Turkish suppliers include a 5–10% margin when pricing in USD. Negotiate the price in TRY and save.
Frequently Asked Questions
Answers to frequently asked questions about payment to suppliers in Turkey through OZTA.
Payments to other countries
OZTA makes payments to 30+ countries. Choose a direction.