Payouts to Türkiye
Pay Turkish lira from USDT or USDC
Türkiye's corridor follows its manufacturing base: textiles, furniture, food and automotive parts exporters in Istanbul, Bursa and Izmir, plus the software and design houses that bill clients in Europe and the Gulf. XEROF pays TRY to a Turkish bank account from a USDT or USDC balance, business to business up to TRY 2,000,000 per payment and business to consumer up to TRY 300,000.
How a payout to Türkiye works
This is a corridor for companies paying out. Consumer to business payments in lira are not offered. Payments are addressed to the beneficiary's Turkish IBAN.
- Payout currency
- TRY
- Paid to
- Bank account in Türkiye
- Payment types
- B2B (business to business), B2C (business to consumer)
- Maximum per payment
- business to business TRY 2,000,000; business to consumer TRY 300,000
- Rails
- Local bank transfer in TRY
- Pricing
- Per corridor: the TRY leg is quoted per payment on the confirmation
Who pays Turkish lira this way
- A buyer settling a Turkish textile or furniture manufacturer against the commercial invoice.
- A company paying Turkish developers or designers in lira within the business to consumer limit.
- A treasury payment to a Turkish distributor from a stablecoin balance.
Paying Türkiye from Zug: timing and practicalities
Istanbul is one to two hours ahead of Zug, so the working days coincide. Lira payments confirmed during the Swiss morning are credited the same Turkish banking day over EFT; FAST handles smaller amounts around the clock. Turkish banks close for Ramadan and Kurban Bayramı.
Turkish beneficiaries are addressed by a 26-character IBAN beginning TR, and companies add their tax number. The lira is volatile, so exporters often invoice in euros or dollars and are paid in lira at the rate on the confirmation; the amount in TRY is fixed at the moment you commit.
What XEROF needs before the first payment
- Beneficiary name and Turkish IBAN, with tax number for a company.
- The invoice or contract the payment settles.
A worked example in TRY
- You send
- USDC 40,000 on ERC-20
- XEROF converts
- USD 40,000 at the live rate
- Beneficiary receives
- TRY to the supplier's account, within TRY 2,000,000 per business payment
- Fees on this example
- Brokerage fee (minimum USD 200) plus the quoted TRY leg
Common questions
- Why are there two different limits for Türkiye?
- The receiving market sets a higher ceiling for payments between companies (TRY 2,000,000) than for payments to individuals (TRY 300,000). The type is chosen when the beneficiary is set up.
- What is the maximum for a TRY payout to Türkiye?
- Business to business TRY 2,000,000; business to consumer TRY 300,000, set by the receiving market.
Türkiye: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.
Open a XEROF account to pay Turkish lira in Türkiye.