How to send money to Hungary from Australia with the best AUD-HUF rate

Of the 4 companies we analysed, Wise is the cheapest app overall for sending A$2,000 to Hungary.

On a 2,000 AUD transfer it will get your recipient 462,039 HUF.

Best companies for AUD/HUF transfers

4 of 4 providers

Last updated on 28 October 2026

Based on 2,000 AUD transfer

Best companies for AUD/HUF transfers

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Wise

Pay via Bank Transfer
Fees: $10.82 1 AUD = 232.2760 HUF -0.02% vs mid-market Recipient gets Ft 462,039.00 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Hungary with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$10.821 AUD = 232.2760 HUF
Ft 462,039.00You pay$2,000.00

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Wise

Pay via Bank Transfer
Fees: $10.82 1 AUD = 232.2760 HUF -0.02% vs mid-market Recipient gets Ft 462,039.00 Within minutes
CheapestFastestRecommended
Receive to bank accountDedicated support for large transfers

Ways to receive money in Hungary with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$10.821 AUD = 232.2760 HUF
Ft 462,039.00You pay$2,000.00

Wise

Pay via Osko
Fees: $10.82 1 AUD = 232.2760 HUF -0.02% vs mid-market Recipient gets Ft 462,039.00 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Hungary with Wise when paying by osko.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$10.821 AUD = 232.2760 HUF
Ft 462,039.00You pay$2,000.00

OFX

Pay via Bank Transfer
Fees: $0.00 1 AUD = 230.7222 HUF +0.65% vs mid-market Recipient gets Ft 461,444.43 6-12 Hours
Receive to bank account

Ways to receive money in Hungary with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 230.7222 HUF
Ft 461,444.43You pay$2,000.00

Wise

Pay via Debit Card
Fees: $16.34 1 AUD = 232.2760 HUF -0.02% vs mid-market Recipient gets Ft 460,757.00 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Hungary with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$16.341 AUD = 232.2760 HUF
Ft 460,757.00You pay$2,000.00

Western Union

Pay via Debit Card
Fees: $0.00 1 AUD = 229.7780 HUF +1.06% vs mid-market Recipient gets Ft 459,556.00 Next Day
Receive to bank account or cash pickup

Ways to receive money in Hungary with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 229.7780 HUF
Ft 459,556.00You pay$2,000.00

Western Union

Pay via Bank Transfer
Fees: $0.00 1 AUD = 229.7780 HUF +1.06% vs mid-market Recipient gets Ft 459,556.00 Next Day
Receive to bank account or cash pickup

Ways to receive money in Hungary with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 229.7780 HUF
Ft 459,556.00You pay$2,000.00

Wise

Pay via Credit Card
Fees: $29.83 1 AUD = 232.2760 HUF -0.02% vs mid-market Recipient gets Ft 457,623.00 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Hungary with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$29.831 AUD = 232.2760 HUF
Ft 457,623.00You pay$2,000.00

Moneycorp

Pay via Bank Transfer
Fees: $0.00 1 AUD = 228.0516 HUF +1.80% vs mid-market Recipient gets Ft 456,103.10 Next Day

Ways to receive money in Hungary with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 228.0516 HUF
Ft 456,103.10You pay$2,000.00
How Our Results Work
Mid-market rate: 1 AUD = 232.2317 HUF Updates every 60 minutes.

How to send money from Australia to Hungary

Pick a company

Start with the cheapest, which is Wise at 462,039 HUF on A$2,000.

Wise was the cheapest on 8 of the 29 days it quoted A$2,000 transfers to Hungary.

Funding is quick whoever you pick, so the choice comes down to the rate and how your recipient collects it.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, osko, and credit card.

PayID and Osko move money to the company in seconds at no cost, and PayID shows you the account name before you confirm.

Watch your bank's daily limit on anything large.

Verify and send

First time round you'll need a photo ID, usually a licence or a passport.

A passport and visa are enough if you’re new (you don’t need an Australian credit history).

Compare amounts

How much AUD are you sending to Hungary?

How much AUD you send to Hungary heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Wise was the cheapest in 28% of the transfers up to A$2,000 it quoted, and in 31% of all the transfers it quoted.

Cheapest service
$1,0000.00%$5.74Ft 230,826.00with bank transfer to bank deposit+Ft 3,526.01
$1,5000.00%$8.28Ft 346,316.00with bank transfer to bank deposit+Ft 2,108.47
$2,000This page-0.02%$10.82Ft 462,039.00with bank transfer to bank deposit+Ft 2,149.31
$3,0000.01%$15.89Ft 692,582.00with bank transfer to bank deposit+Ft 5,806.13
$7,500$38.73Ft 1,732,932.00with bank transfer to bank deposit+Ft 336,510.72
$12,0000.25%$0.00Ft 2,778,900.21with bank transfer to bank deposit+Ft 24,537.76
$15,0000.25%$0.00Ft 3,472,011.72with bank transfer to bank deposit+Ft 29,669.93
$50,0000.20%$0.00Ft 11,584,624.82with bank transfer to bank deposit+Ft 100,782.08
$100,0000.20%$0.00Ft 23,175,989.13with bank transfer to bank deposit+Ft 200,877.93
$250,0000.15%$0.00Ft 57,969,000.87with bank transfer to bank deposit+Ft 484,768.88
$500,0000.15%$0.00Ft 115,843,094.32with bank transfer to bank deposit+Ft 642,802.59

Mid-market rate: 1 AUD = 232.2317 HUF

AUD/HUF Exchange Rate History

Is today a good time to send money from Australia to Hungary?

The cheapest way to send AUD to HUF can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Wise), across 30 days of comparisons for 2,000 AUD transfers to Hungary.

HUF received for $2,000, after fees

Wed, 28 Oct 2026Mid-market rateFt 464,463.45 Wise Ft 462,039.00 With a bank No quoteWiseFt 462,039.00OFXFt 461,444.43Western UnionFt 459,556.00Extra cost of a bankNo quote

430,000
440,000
450,000
460,000
470,000
At the mid-market rateWith the cheapest optionWith a bankWiseOFXWestern Union
Exchange rateFees:Recipient getsDifference
Mid-market rate 226.1662 – Ft 452,332.31
Revolut Cheapest 225.4722 $3.00 Ft 450,268.00 −Ft 2,064.31
Wise 226.1640 $10.82 Ft 449,881.00 −Ft 2,451.31
Western Union 224.7872 $0.00 Ft 449,575.00 −Ft 2,757.31
OFX 224.6961 $0.00 Ft 449,392.15 −Ft 2,940.16
NAB 218.0468 $0.00 Ft 436,093.68 −Ft 16,238.63
Exchange rateFees:Recipient getsDifference
Mid-market rate 225.0638 – Ft 450,127.56
Western Union Cheapest 224.2219 $0.00 Ft 448,444.00 −Ft 1,683.56
Wise 225.0760 $10.82 Ft 447,717.00 −Ft 2,410.56
OFX 223.6009 $0.00 Ft 447,201.73 −Ft 2,925.83
NAB 218.7982 $0.00 Ft 437,596.38 −Ft 12,531.18
Exchange rateFees:Recipient getsDifference
Mid-market rate 225.0743 – Ft 450,148.63
Revolut Cheapest 224.4253 $3.00 Ft 448,177.30 −Ft 1,971.33
Wise 225.0150 $10.82 Ft 447,595.00 −Ft 2,553.63
OFX 223.6113 $0.00 Ft 447,222.67 −Ft 2,925.96
Western Union 222.8848 $0.00 Ft 445,770.00 −Ft 4,378.63
NAB 218.7982 $0.00 Ft 437,596.38 −Ft 12,552.25
Exchange rateFees:Recipient getsDifference
Mid-market rate 227.3057 – Ft 454,611.32
Revolut Cheapest 226.6556 $3.00 Ft 452,631.15 −Ft 1,980.17
Wise 227.3090 $10.82 Ft 452,159.00 −Ft 2,452.32
OFX 225.8282 $0.00 Ft 451,656.35 −Ft 2,954.97
Western Union 225.1530 $0.00 Ft 450,306.00 −Ft 4,305.32
NAB 221.0580 $0.00 Ft 442,116.06 −Ft 12,495.26
Exchange rateFees:Recipient getsDifference
Mid-market rate 226.8834 – Ft 453,766.85
Wise Cheapest 227.8500 $10.82 Ft 453,235.00 −Ft 531.85
OFX 225.4087 $0.00 Ft 450,817.37 −Ft 2,949.48
Western Union 225.3417 $0.00 Ft 450,684.00 −Ft 3,082.85
NAB 219.2890 $0.00 Ft 438,578.00 −Ft 15,188.85
Exchange rateFees:Recipient getsDifference
Mid-market rate 226.8834 – Ft 453,766.85
Wise Cheapest 227.8500 $10.82 Ft 453,235.00 −Ft 531.85
OFX 225.4087 $0.00 Ft 450,817.37 −Ft 2,949.48
Western Union 225.3417 $0.00 Ft 450,684.00 −Ft 3,082.85
NAB 219.2890 $0.00 Ft 438,578.00 −Ft 15,188.85
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.7066 – Ft 457,413.28
Revolut Cheapest 228.1562 $3.00 Ft 455,627.93 −Ft 1,785.35
Wise 228.7110 $10.82 Ft 454,947.00 −Ft 2,466.28
OFX 227.2200 $0.00 Ft 454,440.09 −Ft 2,973.19
Western Union 225.8615 $0.00 Ft 451,723.00 −Ft 5,690.28
NAB 221.8976 $0.00 Ft 443,795.18 −Ft 13,618.10
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.1661 – Ft 456,332.23
Revolut Cheapest 227.4812 $3.00 Ft 454,279.90 −Ft 2,052.33
Wise 228.1860 $10.82 Ft 453,903.00 −Ft 2,429.23
OFX 226.6830 $0.00 Ft 453,366.07 −Ft 2,966.16
Western Union 226.3287 $0.00 Ft 452,658.00 −Ft 3,674.23
NAB 221.8989 $0.00 Ft 443,797.90 −Ft 12,534.33
Exchange rateFees:Recipient getsDifference
Mid-market rate 227.3958 – Ft 454,791.65
Revolut Cheapest 226.7328 $3.00 Ft 452,785.49 −Ft 2,006.16
Wise 227.3940 $10.82 Ft 452,328.00 −Ft 2,463.65
OFX 225.9178 $0.00 Ft 451,835.50 −Ft 2,956.15
Western Union 224.6132 $0.00 Ft 449,227.00 −Ft 5,564.65
NAB 221.8989 $0.00 Ft 443,797.90 −Ft 10,993.75
Exchange rateFees:Recipient getsDifference
Mid-market rate 227.4626 – Ft 454,925.17
Revolut Cheapest 226.8480 $3.00 Ft 453,015.38 −Ft 1,909.79
Wise 227.4510 $10.82 Ft 452,441.00 −Ft 2,484.17
OFX 225.9841 $0.00 Ft 451,968.16 −Ft 2,957.01
Western Union 225.4821 $0.00 Ft 450,965.00 −Ft 3,960.17
NAB 221.2442 $0.00 Ft 442,488.45 −Ft 12,436.72
Exchange rateFees:Recipient getsDifference
Mid-market rate 226.9999 – Ft 453,999.75
Revolut Cheapest 226.3390 $3.00 Ft 451,998.96 −Ft 2,000.79
Wise 227.0050 $10.82 Ft 451,554.00 −Ft 2,445.75
OFX 225.5244 $0.00 Ft 451,048.75 −Ft 2,951.00
Western Union 225.0101 $0.00 Ft 450,021.00 −Ft 3,978.75
NAB 221.2442 $0.00 Ft 442,488.45 −Ft 11,511.30
Exchange rateFees:Recipient getsDifference
Mid-market rate 226.9247 – Ft 453,849.33
Wise Cheapest 227.6210 $10.82 Ft 452,779.00 −Ft 1,070.33
Western Union 225.4818 $0.00 Ft 450,964.00 −Ft 2,885.33
OFX 225.4497 $0.00 Ft 450,899.31 −Ft 2,950.02
NAB 219.3670 $0.00 Ft 438,734.00 −Ft 15,115.33
Exchange rateFees:Recipient getsDifference
Mid-market rate 226.9247 – Ft 453,849.33
Wise Cheapest 227.6210 $10.82 Ft 452,779.00 −Ft 1,070.33
Western Union 225.4818 $0.00 Ft 450,964.00 −Ft 2,885.33
OFX 225.4497 $0.00 Ft 450,899.31 −Ft 2,950.02
NAB 219.3670 $0.00 Ft 438,734.00 −Ft 15,115.33
Exchange rateFees:Recipient getsDifference
Mid-market rate 227.4467 – Ft 454,893.37
Revolut Cheapest 226.8597 $3.00 Ft 453,038.76 −Ft 1,854.61
Wise 227.4490 $10.82 Ft 452,437.00 −Ft 2,456.37
OFX 225.9683 $0.00 Ft 451,936.56 −Ft 2,956.81
Western Union 225.7080 $0.00 Ft 451,417.00 −Ft 3,476.37
NAB 221.1540 $0.00 Ft 442,308.00 −Ft 12,585.37
Exchange rateFees:Recipient getsDifference
Mid-market rate 226.9303 – Ft 453,860.69
Revolut Cheapest 226.2650 $3.00 Ft 451,851.27 −Ft 2,009.42
Wise 226.9570 $10.82 Ft 451,458.00 −Ft 2,402.69
Western Union 225.7036 $0.00 Ft 451,408.00 −Ft 2,452.69
OFX 225.4553 $0.00 Ft 450,910.60 −Ft 2,950.09
NAB 220.5322 $0.00 Ft 441,064.43 −Ft 12,796.26
Exchange rateFees:Recipient getsDifference
Mid-market rate 227.4252 – Ft 454,850.44
Revolut Cheapest 226.8052 $3.00 Ft 452,929.90 −Ft 1,920.54
Wise 227.4190 $10.82 Ft 452,377.00 −Ft 2,473.44
OFX 225.9470 $0.00 Ft 451,893.92 −Ft 2,956.52
Western Union 224.9073 $0.00 Ft 449,815.00 −Ft 5,035.44
NAB 221.0652 $0.00 Ft 442,130.32 −Ft 12,720.12
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Western Union Cheapest 225.6670 $0.00 Ft 451,334.00 –
Wise 225.1680 $10.82 Ft 447,900.00 –
NAB 221.0652 $0.00 Ft 442,130.32 –
OFX No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 225.0824 – Ft 450,164.80
Revolut Cheapest 224.4514 $3.00 Ft 448,229.53 −Ft 1,935.27
Wise 225.0820 $10.82 Ft 447,729.00 −Ft 2,435.80
OFX 223.6194 $0.00 Ft 447,238.73 −Ft 2,926.07
Western Union 222.5791 $0.00 Ft 445,159.00 −Ft 5,005.80
NAB 219.0498 $0.00 Ft 438,099.59 −Ft 12,065.21
Exchange rateFees:Recipient getsDifference
Mid-market rate 225.1533 – Ft 450,306.67
OFX Cheapest 223.6898 $0.00 Ft 447,379.68 −Ft 2,926.99
Wise 224.5390 $10.82 Ft 446,648.00 −Ft 3,658.67
Western Union 222.6370 $0.00 Ft 445,275.00 −Ft 5,031.67
NAB 216.5720 $0.00 Ft 433,144.00 −Ft 17,162.67
Exchange rateFees:Recipient getsDifference
Mid-market rate 225.1533 – Ft 450,306.67
OFX Cheapest 223.6898 $0.00 Ft 447,379.68 −Ft 2,926.99
Wise 224.5390 $10.82 Ft 446,648.00 −Ft 3,658.67
Western Union 222.6370 $0.00 Ft 445,275.00 −Ft 5,031.67
NAB 216.5720 $0.00 Ft 433,144.00 −Ft 17,162.67

No data was collected on Mon, 19 Oct 2026.

Exchange rateFees:Recipient getsDifference
Mid-market rate 225.9222 – Ft 451,844.47
Wise Cheapest 225.9300 $10.82 Ft 449,415.00 −Ft 2,429.47
OFX 224.4537 $0.00 Ft 448,907.48 −Ft 2,936.99
Western Union 223.8968 $0.00 Ft 447,794.00 −Ft 4,050.47
NAB 219.4193 $0.00 Ft 438,838.69 −Ft 13,005.78
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.1707 – Ft 456,341.43
Revolut Cheapest 227.5251 $3.00 Ft 454,367.64 −Ft 1,973.79
Wise 228.2150 $10.82 Ft 453,961.00 −Ft 2,380.43
OFX 226.6876 $0.00 Ft 453,375.21 −Ft 2,966.22
Western Union 225.1376 $0.00 Ft 450,276.00 −Ft 6,065.43
NAB 221.8778 $0.00 Ft 443,755.60 −Ft 12,585.83
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.4996 – Ft 456,999.14
Revolut Cheapest 227.9405 $3.00 Ft 455,197.23 −Ft 1,801.91
Wise 228.5930 $10.82 Ft 454,713.00 −Ft 2,286.14
OFX 227.0143 $0.00 Ft 454,028.64 −Ft 2,970.50
Western Union 226.6202 $0.00 Ft 453,241.00 −Ft 3,758.14
Bank No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.9254 – Ft 459,850.75
Revolut Cheapest 229.3247 $3.00 Ft 457,961.34 −Ft 1,889.41
Wise 229.9600 $10.82 Ft 457,432.00 −Ft 2,418.75
OFX 228.4309 $0.00 Ft 456,861.72 −Ft 2,989.03
Western Union 227.0509 $0.00 Ft 454,102.00 −Ft 5,748.75
NAB 223.7383 $0.00 Ft 447,476.55 −Ft 12,374.20
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.3736 – Ft 456,747.13
Wise Cheapest 230.2250 $10.82 Ft 457,959.00 +Ft 1,211.87
Western Union 228.1514 $0.00 Ft 456,303.00 −Ft 444.13
OFX 226.8891 $0.00 Ft 453,778.27 −Ft 2,968.86
NAB 222.0000 $0.00 Ft 444,000.00 −Ft 12,747.13
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.3736 – Ft 456,747.13
Wise Cheapest 230.2250 $10.82 Ft 457,959.00 +Ft 1,211.87
Western Union 228.1514 $0.00 Ft 456,303.00 −Ft 444.13
OFX 226.8891 $0.00 Ft 453,778.27 −Ft 2,968.86
NAB 222.0000 $0.00 Ft 444,000.00 −Ft 12,747.13
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.3215 – Ft 460,643.01
Revolut Cheapest 229.5368 $3.00 Ft 458,384.97 −Ft 2,258.04
Wise 230.3320 $10.82 Ft 458,172.00 −Ft 2,471.01
OFX 228.8244 $0.00 Ft 457,648.83 −Ft 2,994.18
Western Union 228.3461 $0.00 Ft 456,693.00 −Ft 3,950.01
NAB 224.1173 $0.00 Ft 448,234.69 −Ft 12,408.32
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.0525 – Ft 462,104.92
Revolut Cheapest 230.4797 $3.00 Ft 460,268.04 −Ft 1,836.88
Wise 231.0510 $10.82 Ft 459,602.00 −Ft 2,502.92
OFX 229.5506 $0.00 Ft 459,101.23 −Ft 3,003.69
Western Union 228.7036 $0.00 Ft 457,408.00 −Ft 4,696.92
NAB 224.4981 $0.00 Ft 448,996.17 −Ft 13,108.75
Exchange rateFees:Recipient getsDifference
Mid-market rate 232.2317 – Ft 464,463.45
Wise Cheapest 232.2760 $10.82 Ft 462,039.00 −Ft 2,424.45
OFX 230.7222 $0.00 Ft 461,444.43 −Ft 3,019.02
Western Union 229.7780 $0.00 Ft 459,556.00 −Ft 4,907.45
Bank No quote collected this day – – – –

Exchange rateFees:Recipient getsDifference

Each line shows what the recipient gets when you send $2,000, after fees, as quoted by each company. The mid-market line shows what $2,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more HUF per AUD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 2 of the last 30 days.

Right now, Wise pays 462,039 HUF on 2,000 AUD, which is 2,424.45 HUF less than the mid-market amount.

Today's payout is the highest in the past month.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Hungary.

We've tracked 315 comparisons to check how often today's top companies were the cheapest across 11 amounts over the past month.

  1. WiseAppeared in 306 comparisons

    Cheapest in 31% of them

  2. OFXAppeared in 291 comparisons

    Cheapest in 2% of them

  3. Western UnionAppeared in 146 comparisons

    Cheapest in 10% of them

Based on 315 comparisons across 11 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Wise is the cheapest and gets you the most HUF, but it was the cheapest in only 31% of the 306 comparisons it appeared in over the past month.

OFX (today's second cheapest) was the cheapest in only 2% of its comparisons, so it's rarely the cheapest option for transfers to Hungary.

If it's a one-off transfer, go with Wise, since it's the cheapest right now.

Ways to send money from Australia to Hungary

4 money transfer companies let you send money from Australia to Hungary.

Cheapest for most transfers

Online transfers

Sending money online with a “self-service” provider is usually the cheapest way to send money to Hungary.

For example, sending A$2,000 with Wise will get you 462,039 HUF after a A$10.82 fee and -0.02% markup.

In our comparisons over the past month, it was the cheapest online service on 27 of the 29 days it quoted.

To speed up the transfer, use PayID or bank transfer, this will ensure your money is withdrawn instantly from your AU bank account.

Plus, PayID shows the registered payee name, which gives you an extra check against the details you entered.

For regular transfers home

Money transfer apps

An app suits the transfer you make over and over to the same recipient, similar amount, every payday or so.

Wise takes A$10.82 in fees and -0.02% markup on a A$2,000 transfer, and your HUF arrives in within minutes.

Over the past month, Wise was the cheapest app on 34% of the days it appeared for A$2,000 transfers.

Signing up is quick even if you're new to Australia.

A passport and visa are enough for most money transfer apps, and no local credit history is needed.

For large AUD transfers

Currency brokers

Money transfer brokers are best for large transfers, like buying property, moving abroad, or paying student fees.

On transfers of $10,000 or more, a broker like OFX drops the fee entirely and works on margin instead.

With OFX you get 0.65% on AUD/HUF, and it gets lower the more you send.

You also get an account manager for the whole thing.

Our analysis shows OFX was the cheapest broker in 37% of all the transfers it quoted.

For overseas business payments

Business accounts

Global accounts like Airwallex are great for paying suppliers, contractors or staff in HUF, handling invoices, batch payments, and more.

For receiving and spending

Multi-currency accounts

Multi-currency accounts let you hold AUD and HUF in one account, and convert when the rate suits you.

Wise converts A$2,000 at -0.02% markup, and the HUF sits in your account until you spend or transfer it.

Over the past month, it came out cheapest among multi-currency accounts on 34% of days.

Most useful if you travel often to Hungary, split your life between two countries, or receive money from abroad.

We also created a guide going into more detail about multi currency accounts.

Ways to fund AUD and receive money in Hungary

With Wise, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending A$2,000 gives your recipient 462,039 HUF.

You can fund the transfer with bank transfer, debit card, osko, and credit card.

Recipients in Hungary can collect HUF through bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay A$2,000.00

    Ft462,039

    Cheapest

  2. 2
    Osko Bank deposit

    You pay A$2,000.00

    Ft462,039

    Ft0

  3. 3
    Debit card Bank deposit

    You pay A$2,000.00

    Ft460,757

    -Ft1,282

  4. 4
    Credit card Bank deposit

    You pay A$2,000.00

    Ft457,623

    -Ft4,416

Consider this before sending AUD to Hungary

Every international transfer is reportable by the company handling it, but that is not a tax or a form you normally file yourself. PayID can fund the transfer, while the overseas leg still needs a transfer provider.

Compare AUD/HUF transfer options

For a A$2,000 transfer to Hungary, these are the best options right now:

Cheapest

Wise is cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 462,039 HUF, which is 0.13% more than the next best option.

Fastest

Wise delivers 462,039 HUF in within minutes when you use bank transfer and choose bank deposit as payout.

If you need money urgently, we've put together a guide on instant money transfers.

PayID is domestic only

PayID and Osko move Australian dollars between local accounts.

When a money transfer company accepts PayID, it collects the AUD in Australia and then handles the conversion and payout in Hungary.

Confirm the registered business name shown by your bank before approving the PayID payment.

AUSTRAC reporting

The bank or remittance company reports international transfer instructions to AUSTRAC.

This applies to international transfers generally, rather than only those above A$10,000.

You do not normally submit the international transfer report yourself.

A separate threshold report applies when a transaction involves A$10,000 or more in physical cash.

Large or unusual transfers can still trigger source-of-funds checks. Keep the sale agreement, invoice or bank statement that explains the payment ready.

Cash gifts can affect Centrelink payments

Australia does not generally tax a genuine cash gift simply because you send it to family in Hungary.

Gifting money can still affect income-tested or asset-tested Centrelink payments.

Services Australia can continue assessing gifts above its gifting free areas under the income and assets tests.

If you or your partner receive a relevant payment, check the gifting rules before sending a large amount.

Bank protection in Australia

The Financial Claims Scheme protects eligible Australian-dollar deposits with an Australian-incorporated ADI, up to A$250,000 per account holder per ADI.

It does not automatically cover money held by a non-bank transfer company.

In case of issues, if a complaint is not resolved, the Australian Financial Complaints Authority is the free external dispute service for member financial firms.

How we analyse the market

We track 4 companies sending AUD to Hungary, all holding an Australian licence, with rates refreshed in real time when running a live search.

In the past 30 days alone, we analysed 315 comparisons across 11 amounts.

This page covers the cheapest and fastest options for AUD/HUF transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Fees, exchange rates and the pay-in and payout options all get compared, and each company goes through our review before it appears.

More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.