Transfer money to Albaraka Türk Katılım Bankası A.Ş. in Turkey

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Albaraka Türk Katılım Bankası A.Ş.
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Albaraka Türk Katılım Bankası A.Ş. is the first participation bank in Turkey, established in 1985, and operates in accordance with Islamic finance principles. As a participation bank, it offers interest-free banking products and services, such as profit-and-loss sharing accounts, financing based on trade and leasing, and a variety of other Shariah-compliant financial solutions.

 

Albaraka Türk serves both retail and corporate clients, providing a unique banking experience that combines traditional values with modern financial practices. The bank is also known for its innovative approach to digital banking, offering customers online and mobile banking options that align with ethical financing principles.

Pyypl offers a straightforward way to remit money to Turkey, directly through your phone.

Feature
Description
Established
1985
Type
Participation bank
Services Offered
Profit-and-loss sharing accounts, trade and leasing based financing, Shariah-compliant financial solutions
Technology & Innovation
Digital banking platforms
Special Contributions
First participation bank in Turkey, interest-free banking

What is Pyypl?

Established in the UAE in 2017, Pyypl (pronounced "people") is a pioneering FinTech firm committed to advancing financial inclusion through innovative technology. Pyypl's advanced technology offers easy, secure, and cost-effective access to essential financial services via a smartphone. Our flagship offering is a universally accepted prepaid Visa card accessible to everyone that requires no bank account, minimum salary, balance, or post-dated checks, and eliminates the need to visit a bank. Users can obtain their Visa card in just two minutes through our fully digital app, which allows for shopping and payments wherever Visa is accepted.

Users can also send money to over 45 countries through the Pyypl app. Any fees or exchange rates are also completely transparent and displayed up front. At Pyypl, we understand the importance of getting the most out of your money. That's why we offer excellent exchange rates compared to traditional banks. This means more bang for your buck so that your family or business associates receive the full benefit of your funds.

Regulated by the ADGM Financial Services Regulatory Authority, Pyypl is a trusted name in secure financial management. With us, you can be confident that your finances are in safe hands.

How to Send Money to Albaraka Türk Katılım Bankası A.Ş. with Pyypl

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1. Download the app

Get the app on the Apple or Play Store and sign up in a few easy steps.

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2. Top up

Easily load your account using a debit card, bank account, or mobile money.

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3. Initiate Transfer

Tap on Send Money, choose International Transfer, and select Turkey. Select Bank Account as the mode of transfer.

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4. Specify the Amount

Enter the amount you wish to send in AED.  The app will show you the conversion rate.

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5. Enter Details

Enter the beneficiary’s account details, including full name, bank name, account number, and IBAN

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6. Confirm and Send

Review the details, and with just a click, your money is on its way to the recipient. We’ll notify you once the transaction is complete, it usually takes just a few minutes.

Why Choose Pyypl

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Instant Transfers

No appointments or waiting in line.  

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No hidden fees for the receiver

What you see is what you get. No hidden fees, no surprises.

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24/7 Support

Our dedicated customer support is always on hand to assist you with any queries.

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Excellent exchange rates

Low and transparent exchange rates.

Save time and money
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