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Maxim Rahr

Payouts to local bank accounts for Turkish users

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Dear friends!

We’d like to share some news with you, and specifically with our users from Turkey.

If you are a freelancer based in Turkey, you can now receive payouts in Turkish liras right to your local bank account. This payment method will soon be available as an option on the Payments page. In the meantime, you can send us your local bank account details to payments@smartcat.ai if you want to opt for it.

There’s no commission for transfers exceeding 900 TRY. For smaller amounts, the commission is 17 TRY. We recommend setting your rates in Turkish liras to avoid additional exchange commissions involved in the transfer.

After enabling local wire transfers, we will soon remove international wire transfers in USD as an option. The method proved to be too expensive on commissions and has no additional benefits compared to the newly introduced way.

You will still be able to receive earnings to your Visa or Mastercard. There is no outbound commission charged by Smartcat for such payouts, which are always sent in EUR or USD. At the same time, note that if you have a TRY card the amounts will be converted by your bank, which may set its own additional fees or unfavorable exchange rates. Make sure your bank card supports Visa Direct or Mastercard MoneySend to be able to receive such payouts before enabling this payment method.

Another option is to use Smartcat Prepaid Mastercard. Learn about this option on our Zendesk page.

Will you opt for local wire transfers or bank card payouts? Will you order a Smartcat Mastercard? We’re all ears.

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