Calis Beach and Fethiye Turkey Discussion Forum
Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: patch on May 12, 2015, 07:08:23 AM
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how much YTL are you allowed to bring back to the uk ? Thanks
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As much as you can fit in your wheelbarrow...
JF
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As much as you can fit in your wheelbarrow...
JF
Hee, Hee, Hee, ......or, the equivalent of 10 Thousand Euro, get caught with any more at a British airport, and they can confiscate ALL of it, until you can prove that you are not money laundering, and that it came from a legal transaction,.... in which case , the Euro equivalent amount will be returned, and if Customs and Excise are in a good mood that day, you MAY get back the surplus ,..... MAYBE !!
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Why would you want to?
The lira at the moment is doing a very good impression of a house brick off a cliff.
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Why don't you just change the cash into GBP at your Turkish bank and then do an electronic transfer over to your UK account, there isn't a limit and your are free to move money that is legally held here.
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Only keep it if you intent on coming back.
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The official amount in cash and keeping with you and without too much proof needed of taking it out from the bank is,
the equivalent to $5000 ( usd), so about 12000tl at today's rate. If in doubt, check the IATA site for Turkish import/export regulations etc.
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And wheelbarrow jokes aside, I have known people who have attempted to walk through and out via Dalaman airport, with the entire proceeds of a property sale stuffed in a holdall.
They didn't succeed. The process then becomes that you need to go to court and they don't need to prove anything - the court case is for you to attempt to show the money is legally yours and that you should be allowed to have it back. Could take years.
I appreciate the question may not be about huge quantities. But your idea of huge and theirs may differ significantly.
Ultimately the best advice on this page is from Rimms.
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Patch hasn't posted a response in the two months since he posed the question. Perhaps we'll never know why he/she wants to take TL back to the UK. Proceeds of a bank robbery or drug deal do you suppose?
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Perhaps there isn't wifi at the "Tasyaka Hilton" ;)
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And wheelbarrow jokes aside, I have known people who have attempted to walk through and out via Dalaman airport, with the entire proceeds of a property sale stuffed in a holdall.
They didn't succeed
Think I know this person, Scunner. He didn't sell and fit carpets did he, with a villa near the Ernur? ;
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That is him, did you learn how things worked out in the end? I haven't heard from him in years.
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Patch hasn't posted a response in the two months since he posed the question. Perhaps we'll never know why he/she wants to take TL back to the UK. Proceeds of a bank robbery or drug deal do you suppose?
maybe he has realised that he cannot change YTL
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I knew him quite well business wise, he was a major carpet contractor I used. I believe he was arrested off of the plane but was allowed back minus the money later on. The person who bought his villa apparently wanted £10k to swear in court that it was the proceeds of his house sale. He told me he wouldn't do that but the last time I saw him about 5years ago, he had to go to Istanbul for legal reasons, so not sure what that was for! We had discussed the situation, prior to him going to Istanbul and he lead me to believe that the money was still being held by the Turkish Authorities and he was treating it for his peace of mind as a business loss! I also have vague memories of the owner of the Ernur not coming out of it with any popularity, but can't quite remember why!
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I remember he would hear no bad about said hotel owner. Maybe he will now. I also recall him bringing said hotel owner a bottle of Bacardi from duty free, drinking it a shot at a time himself at the bar over his holiday - and the hotel charging him for every last one!!!
Lessons can take a while to learn unfortunately.
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I seem to remember hearing the story with the duty free before, probably on here. Never for one moment thought that it was him! ;D
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i asked the question , because i was going to change quite a bit of sterling whilst the rate was good , but wouldnt be spending it all on my first visit this year , so would be bringing some home with me .
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You haven't indicated how much you want to take home, but if it is expected holiday expenditure, I would think you have no worries. I started taking home £500 -£1k worth a couple of years ago, but each time it was a higher rate when we got back, so now we only take enough to get us through the first few days. When you work out the movement, the loss or gain is quite small so and really not worth the bother unless, of course, the pound suddenly weakens against the lire by a considerable amount, which looks pretty remote at the moment. :)
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how much YTL are you allowed to bring back to the uk ? Thanks
Patch, if you live in or near London, there is a small chain of exchange shops called Thomas Exchange, their buy back rates are excellent compared to banks. Maybe you want to bring back large amounts, but if like me this week, I kept to just under the $5000 limit (11500tl) without the need for extra paperwork and proof etc and the buy back worked out at around 250 pounds more than the average UK bank and no Swift charges either.