Banking & Money
13 questions from travelers about Banking & Money in Istanbul, Turkey.
Questions
Best way to pay and withdraw cash in Istanbul as a tourist
The Letim service lets you withdraw cash from ATMs and pay via QR code in major stores — more convenient and cost-effective than exchanging through intermediary currencies. Some large stores like Vaikiki accept foreign currency and give change in lira at a decent rate.
2 sources · 5 days ago
Which foreign bank cards work in Istanbul and how to pay without a local card?
UnionPay cards work almost everywhere in Istanbul. For Russian travelers, only specific cards (UP from RSHB, ATB) function abroad, plus services like Letim. Opening a Turkish bank card as a foreigner is possible but requires a Turkish tax ID and a willing branch.
4 sources · today
Can you exchange a small amount of cash at Istanbul airport, and where is the best exchange rate?
You can exchange even a small amount of cash at Istanbul airports with no minimum threshold — enough to buy an Istanbulkart and take the metro. Best rates at IST are between exits 9 and 10; Sabiha Gökçen (SAW) generally has decent rates throughout.
2 sources · today
Where to exchange USD to Turkish lira in Istanbul — best rates and tips
Best rates are found at exchange offices near Sirkeci (around 46 TRY/USD) and the Grand Bazaar area (45.55). Old-series USD bills are accepted but may require searching for a no-surcharge exchanger.
2 sources · 1 day ago
Do currency exchange offices in Istanbul accept old US dollar bills?
Most exchange offices around the Grand Bazaar in Istanbul refuse old US dollar bills or offer very unfavorable rates. Bring new-series bills to avoid problems.
2 sources · 6 days ago
Does a Russian UnionPay card work in Istanbul — for payments and ATM withdrawals?
ATM withdrawals work reliably (e.g. at Vakıfbank ATMs, ~250 RUB flat fee per transaction). Card payments are hit-or-miss — roughly 50/50.
3 sources · 3 days ago
Do UnionPay cards work in Istanbul ATMs and stores?
UnionPay cards are unreliable in Istanbul — most ATMs and supermarkets don't accept them, though they may work in some cafes and at Istanbul Card top-up terminals.
1 source · 5 days ago
How to get cash Turkish lira in Istanbul via money transfer services like KoronaPay?
You can send a transfer to yourself via KoronaPay and pick up cash Turkish lira (or USD/EUR) at a Turkish post office. Rates are often better than exchange offices, but cash availability at a specific branch isn't guaranteed.
1 source · today
Should I bring euros, dollars, or Turkish lira to Istanbul?
Bring euros or dollars and exchange them in Istanbul — both are widely accepted. Avoid 500€ notes as they can be hard to exchange.
2 sources · 6 days ago
Should I buy Turkish lira before traveling to Istanbul?
Buying Turkish lira in Russia is a bad deal — exchange money in Istanbul or en route through a third country instead.
1 source · today
Where to exchange dollars to Turkish lira near Çemberlitaş in Istanbul?
Currency exchange is available near Çemberlitaş, but rates are poor. Recent rates: buying USD ~46,800 TRY, selling ~45,800 TRY.
1 source · today
Where to find the best currency exchange rates in Istanbul?
Istanbul has many currency exchange offices, with the best rates typically found on or near Istiklal Avenue. Compare rates between offices before exchanging. Avoid island exchanges — rates are worse than in the city center.
1 source · 1 day ago
Which ATMs in Istanbul accept UnionPay cards without fees?
Ziraat Bank ATMs accept UnionPay without their own fee; Vakıf and İş Bankası also reportedly work. Your card issuer may still charge a flat fee per withdrawal, so withdraw larger amounts.
2 sources · today