Some Turkish ATMs charge fees, which vary between banks and operators. You can expect to pay a fee of up to 10%1 - which is an eye-watering percentage. The good news is that some ATMs don't charge fees.
Choose to pay in Turkish Lire
If an ATM asks you what currency you want to be charged in, choose to pay in the same currency you're withdrawing. This will help you get better exchange rates and avoid DCC fees.
ATM fees and withdrawal limits in Turkey
Some bank ATMs have a withdrawal limit of 5,000 liras per transaction. ATM fees: Turkey is one of the few countries with the highest ATM fees. There are some fee-free ATMs in Turkey, while most of them charge ATM fees. There are 4 bank ATMs that do not charge any fees.
Bank ATM fees are just one of the many bank fees you can face. Usually, your bank won't charge an ATM fee when you use a bank-branded machine. However, if you use an ATM outside of the bank's network, you'll likely face an ATM fee. This includes withdrawals, deposits and balance inquiries.
Using your card in Turkey at an ATM⁶
It's usually not difficult to find ATMs in Turkey. If you're visiting a popular tourist area, there will likely be many of them. Also, Turkish ATMs accept international cards, so that won't be an issue.
Find in-network ATMs
An ATM owned by your bank or credit union, or one that's within the bank's partnered ATM network (such as Allpoint or MoneyPass), won't charge the out-of-network fee. To find an in-network ATM, try using an ATM locator on your bank's mobile app or its website.
Anyone can easily exchange Euros, Dollars, and British pounds into Turkish lira at all banks, and only authorized currency exchange offices. Exchange points at tourist resorts and airports typically do not offer favorable rates. It is better to change your cash in a city or town.
However, it's important to note that the exchange rate might not always be favorable, so you could end up paying more than if you used lira. Outside of tourist hotspots, it's less common to use euros, so having some local currency on hand is still recommended for smaller shops, markets, or rural areas.
The Kuwaiti dinar is the strongest currency in the world, with an exchange rate of $1 equal to 0.31 Kuwaiti dinars. Kuwait is located on the Persian Gulf, bordered by Saudi Arabia to the south and Iraq to the north. The country's wealth primarily comes from its position as a leading global exporter of oil.
You will need cash for small shops and markets, taxis and buses, while it's often easier to pay in hotels and restaurants with a card. One thing to note is that due to the volatility of the Turkish lira, euros is often accepted in Turkey / Türkiye and can even be requested as the main currency.
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