I'd like to warn everyone about transferring money to a turkish account through turkish banks.

At the end of December I transferred a large (for me) amount og money to my hubbys turkish account. As he's in the army he can't get out to the real world very often and he really needed the money. My danish bank told me it would take two working days for the money to get there.
So we waited - and waited and then waited some more. I contacted my bank who told me that the money had been sent to the turkish bank. My hubby was finally allowed to come outside on a working day so he could go talk to the bank. They told him the money was not there.
Then my bank sent an enquiry to the turkish bank to find out what had happened to them and after I had paid a too large sum of money they told me that the money WAS transferred. So now I have a document saying the money is transferred but an empty bank account.

The turkish bank must admit it's their fault and give me bank my money + pay for the cost of the enquiry, but I worry that they won't.
I have heard about this before - a danish man transferred money to buy an apartment in Turkey but they were also lost in the Turkish system for months.

Please be careful if you transfer money and make your bank aware of the risks - so far my own bank has done very little to help me.

The Turkish Bank in question is Iş Bankası, so beware. I'll be sure that we close our accounts in it as soon as possible.

In addition, can anyone recommed a good Turkish bank?

Oh yes, i have tried and tested Western Union and in just a matter of minutes, money you sent will be received at once.

in england we have turkish bank (uk)limited..do u not have an equivalent in denmark..because this bank is quite good..

I transfer money from US Banks to Turkish banks all the time. I've never have had a problem and never have known anyone to have a problem. The problem with Western Union is they charge a percentage of the amount sent. Bank to bank is cheaper. It takes one to two business days.
I use Yapi Kredi which was just bought by Koç Bank. Garanti is also a good bank.

I have also used Western Union once ot twice before, but I used the bank this time, because when he's in the army it would be easier for him, and as KeithL said, it's cheaper to use a normal bank. But in the future I'll use Western Union because apparently it's safer.

Maybe american banks has better connections with turkish banks or something, although it shouldn't be a problem to send money at all. I'm really disappointed with how unprofesionally they have handled my situation - it's their responsibility that my money gets to it's destination safely. I hope they will give it back to me!

Sorry I'm not exactly sure what ATM is

Well it's not a problem with the danish system, because the money was sent to Turkey in one day, I have a reciept stating that. Also on the enquiry the turkish bank admits they have received it.

Another very reliable way to send funds anywhere in the world (and cheaper than western union) is "moneygram". I think the internet address is "www.moneygram.com"

they charge roughly 10% of the value of cash being sent- and it is available in 10 minutes.

All the receiver has to do is pick it up at a number of locations. (all available on their website)

10% is outrageous too....

Here in Rotterdam there are many Turkish banks, can't you look up in your local yellow pages which Turkish bank has a branch in Danmark as well? I think that will be easier and cheaper in the end.

The problem is that I live in the opposite side of Copenhagen, where I'd most likely be able to find a turkish branch. Thank for the tip - I didn't know it would be free to transfer money that way so I'll definitely see if there are any turkish branches here

Luckily they gave my hubby the money, but we will never use Iş Bankası again.

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