How to Transfer Money from Iran to Turkey?

Using Bitcoin as a means of payment in commercial activities may be a fresh option because since Iran is an embargoed country, money transfer via banks is not possible at this stage and in the medium term.

When an Iranian citizen friend of mine living in Istanbul wanted to open an account at Ziraat Bank, they asked for an amount of 2,000 TL in his account. $100 is also an expense.

Of course, since you have your own money, you can withdraw it after a while. Of course, I would like to point out that this cost of 2 thousand dollars and an extra 100 dollars may vary according to the situation and time of the person.

Let me write in advance without forgetting what I will write at the end of the article; left and right, on the internet "How to send money from Iran?", "How to break the embargo?" Be careful when making such calls, because a personal embargo can also be applied. I guess you don't want it to appear in front of you during your visa application.

We have been looking for a solution to this problem in the Istanbul Grand Bazaar since the 70s. 

The other interlocutor is the reliable partner of the shopkeepers in the relevant country. Let's say you are going to send 200 thousand dollars worth of TL to Iran, you give this money to a friend in the market and he will inform the other party, namely Iran, that I have the money.

Of course, certain commissions are also paid because the guys do not do these works for their own good. Those who are engaged in this business generally also have side jobs such as jewelry and they naturally exchange money with the tradesmen in that country. They call it a money changer in Iran.

Due to the swift transaction in your trades with dollars, the US treasury has information about the transaction and can seize the money. Even if the money is not confiscated, you may encounter the situation that banks in Turkey do not transfer the payment from Iran to your account.

There may be cases where companies doing business with Iran receive their payments through Baku or Dubai. If you ask me, Bitcoin is the most seamless form, but there is no way for a 70-year-old to know this type of in-depth and yet experimental trade or to trust someone with his money.

After all these recollection notes, we finally come to the conclusion that if I do not want my possible exports to the USA to interfere with tomorrow, I should not exchange money with Iran through the bank. At this point, the most logical solution is the money changer, which I mentioned in the Grand Bazaar example.

I ask you not to accept the information and data I share in this article as investment advice.