In addition to the majority of places in Istanbul that typically accept Turkish lira, some businesses also accept payments by dollar and euro. Besides this, payments via debit or credit cards are often accepted across the city, while some of the businesses may only accept cash. There are a lot of exchange offices that allow you to exchange your currency in Istanbul. Details regarding exchange offices and exchange transactions are as follows:
- Exchange offices found in Istanbul usually open at 09.00.
- Exchange offices typically get closed between 19.00 – 20.00. The reason for the difference in closing times is that some of these offices belong to private corporations.
- Despite normally being closed during the weekends, exchange offices in some areas may stay open on Saturdays and Sundays, especially in areas with high tourism activity.
- Exchange offices are generally closed during the first two days of religious holidays like Eid al-Fitr and Eid al-Adha. However, they are open on eve days. In addition, exchange offices also stay open during national holidays. (January 1, May 19, April 23, October 29, May 1, August 30, July 15)
- Exchange offices found in airports are often maintained open for 24 hours. However, an additional commission charge may be requested in case you choose these offices for exchange transactions.
- Looking specifically at Istanbul, it can be seen that the number of exchange offices are higher in Fatih, Sisli and Kadikoy compared to other districts.
- There are also places for buying or selling currencies inside many banks found in Istanbul. Commission charges of banks can be more suitable in comparison with exchange offices.
- When visiting Istanbul, you can also use the ATMs located across the city if you have a contracted bank card.