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HOMEMONEY TRANSFERTurkiye
Send money from Türkiye to Canada

Send money from Türkiye to Canada

Ask anyone in Istanbul who sends to Toronto regularly and they'll tell you the same thing: the rate matters more than the fee. North Africans and Middle Easterners are a large share of new Canadian residents, especially in Montreal and Toronto.
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CAD
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How Turkish senders reach Canada

Start from the recipient's side. Someone in Toronto needs a fixed sum in Canadian dollars by a fixed date, and they bank with RBC or another local bank. North Africans and Middle Easterners are a large share of new Canadian residents, especially in Montreal and Toronto.

Grey works backwards from that: enter the CAD figure, see the USD cost from Istanbul, and send. The rate holds.

How sending to Canada works

Grey foreign bank account in Ghana
Sign up
A passport or kimlik and a few minutes in Istanbul. Your account arrives with dollar, euro and pound details for receiving money from abroad. Grey works with licensed partners serving Türkiye.
Fund
Your salary or client payments in USD, EUR or GBP land in your Grey account. That balance funds the transfer to Canada.
Send
Pick Interac e-Transfer for instant delivery, or bank transfer with transit and account number for next business day. Confirm CAD, send.

Two numbers, both shown first

With Grey, a sender in Istanbul sees three numbers before confirming: the USD debited, the fee, and the CAD that reaches Toronto. None of them change afterwards.

CAD amount held from send to settlement

Enter the CAD amount first if the recipient's figure is what matters. Grey shows the USD cost from Istanbul and locks it.

The person at RBC sees exactly the sum you agreed.

The corridor most banks won't touch

Between Istanbul and Toronto, the problem is well known. Bank transfers to Canada clear next business day with an 18:00 Eastern cutoff. Interac e-Transfer is instant, any day. For a student whose rent is due tomorrow, that's the difference. From Istanbul, Grey does the conversion transparently and delivers CAD as a domestic credit at RBC or any other bank.

What lands at RBC

The CAD posts directly to the recipient's own account at any Canadian bank, including RBC, TD, Scotiabank, BMO, CIBC. To them it looks like a domestic credit. The sender in Ankara sees it settle in the app.

Works with every Canadian bank

From RBC to the smallest regional lender.

Looks local to them

A CAD deposit on their statement, nothing more.

Grey optional on their side

Unless they want GreyTag, which is instant and free.

Topping up in Istanbul

Before the CAD reaches Toronto, the money has to get onto Grey in Istanbul. Turkish exporters and freelancers receive USD into Grey from foreign buyers and clients. Sending from that balance avoids the lira leg entirely. Hold the balance in dollars and convert to CAD exactly when the payment to Toronto is due.

No local deposit

Grey in Türkiye is funded from abroad only.

Three currencies in

USD, EUR, GBP all accepted, all convertible to CAD.

One conversion out

Rate shown before you send to Toronto.
For a Turkish sender, being able to convert to CAD at the exact moment you choose is worth more than any fee saving.
Grey foreign bank account in Brazil.

Who sends from Türkiye to Canada

Urgent transfers

Interac e-Transfer lands instantly when something cannot wait a business day.

Parents of students

Rent and living costs for students at U of T, York, Calgary, Alberta, Manitoba and colleges across Ontario.

New permanent residents

Support for family who have landed through Express Entry or PNP and are waiting on a first job.

Tuition instalments

Term payments sent to a student's account for onward payment to the institution.

Three kinds of sender use this route from Istanbul: families with someone in Toronto, parents of students, and businesses with a supplier or contractor in Canada. North Africans and Middle Easterners are a large share of new Canadian residents, especially in Montreal and Toronto.
Send Money to Canada

What Grey does differently on this route

Clear before you pay
Rate and fee shown separately, before confirmation.
Fixed after you pay
The CAD figure doesn't move between Istanbul and Toronto.
Repeatable
Save the recipient and the next transfer to Canada is three taps.
Licensed, not a bank
Grey isn't a bank. We're a licensed financial services provider. Grey works with licensed partners serving Türkiye. Every payment is encrypted and tracked to settlement.
Trusted by 3M+ users
In-app support covers Canada like any other destination.

A corridor like Türkiye to Canada is won on the tenth transfer, not the first. The tenth is where a bad rate has quietly cost a sender in Istanbul a month's worth of Canadian dollars.

Nothing is deducted on arrival. What RBC credits is the CAD figure you saw in Istanbul.
Open a free Grey account

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Grey is a financial technology company, not a bank. Banking services are provided by licensed banking partners. Canadian services are offered by Grey Finance Inc with registered address at 1285 West Broadway Suite 600 Vancouver BC V6H 3X8. Canada. Grey Finance Inc. is regulated by FINTRAC. US services are offered by Grey Inc. with its registered address at 651 N Broad St, Suite 206 Middletown DE 19709 US. Grey Inc is regulated by FinCEN. Copyright © Grey Inc. [YEAR].