Turkish Banks - Be careful

[PapaBravo]

I transferred a sum of money by bank transfer from Garanti Bank to Credit West. I was charged over 400TL by Garanti, but just 30TL by Credit West. Was told that this was not unusual for Turkish banks.

[sophie]

Was seriously thinking of doing it the other way round next week. I wonder what will happen then and whether the amount you move has any bearing?

[Keithcaley]

Was seriously thinking of doing it the other way round next week. I wonder what will happen then and whether the amount you move has any bearing?

Ask 'em FIRST - don't go transferring money without finding out what the charges are beforehand!

Ask some of the Pakistani waiters who send money home what method they use to transfer money - they will not be paying over the odds

[rocking]

Why not draw it out in cash walk to the other banks d put it in.

[come_on_aylin]

I have transferred money between banks with in TRNC, e.g HSBC to local bank and vice versa using a 'central bank transfer' which costs nothing. Paperwork needs to be completed before 1pm for the transfer to be done same day. I would have thought that it would work between Garanti and Creditwest but perhaps not.

[sophie]

Was only joking KC, but certainly if I was to do it I'd take a couple of heavies with me and walk out with cash in my bag. I'd ask politely first of course so as not to make it look like a stick-up!! Not sure I would believe what they told me, "many a slip between cup and lip" is my mantra here.

[suecheshireuk]

Thanks for the heads up on this. We are transferring money between banks too. Eileen I need to pick your brains more on how you did your transfer. xx