How to send money to Hungary from Canada with the best CAD-HUF rate

Remitly is the cheapest way to send money from Canada to Hungary based on the 10 companies we analyzed, giving your recipient 234,190 HUF from CA$1,000.

Best companies for CAD/HUF transfers

10 of 10 providers

Last updated on 28 October 2026

Based on 1,000 CAD transfer

Best companies for CAD/HUF transfers

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Wise

Pay via Bank Transfer
Fees: $8.17 1 CAD = 234.7370 HUF +0.01% vs mid-market Recipient gets Ft 232,819.00 Same day
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 depositSame dayAvailable via:Bank Transfer
$8.171 CAD = 234.7370 HUF
Ft 232,819.00You pay$1,000.00
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Remitly

Pay via Debit Card
Fees: $0.00 1 CAD = 234.1900 HUF +0.24% vs mid-market Recipient gets Ft 234,190.00 Within minutes
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 CAD = 234.1900 HUF
Ft 234,190.00You pay$1,000.00

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Showing top Canada to Hungary deals for 1,000 CAD. Do a live search with your exact amount for today's best rates.

Remitly

Pay via Debit Card
Fees: $0.00 1 CAD = 234.1900 HUF +0.24% vs mid-market Recipient gets Ft 234,190.00 Within minutes
CheapestFastest
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 CAD = 234.1900 HUF
Ft 234,190.00You pay$1,000.00

Remitly

Pay via Bank Transfer
Fees: $0.00 1 CAD = 234.1900 HUF +0.24% vs mid-market Recipient gets Ft 234,190.00 Within a week
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 CAD = 234.1900 HUF
Ft 234,190.00You pay$1,000.00

Remitly

Pay via Interac
Fees: $0.00 1 CAD = 234.1900 HUF +0.24% vs mid-market Recipient gets Ft 234,190.00 Within a week
Receive to bank account or cash pickup

Ways to receive money in Hungary with Remitly when paying by interac.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 CAD = 234.1900 HUF
Ft 234,190.00You pay$1,000.00

Remitly

Pay via Credit Card
Fees: $20.00 1 CAD = 234.1900 HUF +0.24% vs mid-market Recipient gets Ft 234,190.00 Within minutes
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
$20.001 CAD = 234.1900 HUF
Ft 234,190.00You pay$1,020.00

Paysend

Pay via Debit Card
Fees: $0.00 1 CAD = 233.4826 HUF +0.54% vs mid-market Recipient gets Ft 233,482.55 6-12 Hours

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

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 233.4826 HUF
Ft 233,482.55You pay$1,000.00

Paysend

Pay via Credit Card
Fees: $0.00 1 CAD = 233.4826 HUF +0.54% vs mid-market Recipient gets Ft 233,482.55 6-12 Hours

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

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 233.4826 HUF
Ft 233,482.55You pay$1,000.00

OFX

Pay via Bank Transfer
Fees: $0.00 1 CAD = 233.2269 HUF +0.65% vs mid-market Recipient gets Ft 233,226.92 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 CAD = 233.2269 HUF
Ft 233,226.92You pay$1,000.00

Wise

Pay via Bank Transfer
Fees: $8.17 1 CAD = 234.7370 HUF +0.01% vs mid-market Recipient gets Ft 232,819.00 Same day
Recommended
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 depositSame dayAvailable via:Bank Transfer
$8.171 CAD = 234.7370 HUF
Ft 232,819.00You pay$1,000.00

CurrencyFair

Pay via Bank Transfer
Fees: $4.26 1 CAD = 232.7000 HUF +0.88% vs mid-market Recipient gets Ft 231,700.00 6-12 Hours
Receive to bank account

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

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
$4.261 CAD = 232.7000 HUF
Ft 231,700.00You pay$1,000.00

Wise

Pay via Interac
Fees: $13.86 1 CAD = 234.7370 HUF +0.01% vs mid-market Recipient gets Ft 231,484.00 Within minutes
Receive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$13.861 CAD = 234.7370 HUF
Ft 231,484.00You pay$1,000.00

Remitbee

Pay via Interac
Fees: $0.00 1 CAD = 230.9559 HUF +1.63% vs mid-market Recipient gets Ft 230,955.90 Next Day
0 reviews

Ways to receive money in Hungary with Remitbee when paying by interac.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 230.9559 HUF
Ft 230,955.90You pay$1,000.00

Remitbee

Pay via Bill payment
Fees: $0.00 1 CAD = 230.9559 HUF +1.63% vs mid-market Recipient gets Ft 230,955.90 Next Day
0 reviews

Ways to receive money in Hungary with Remitbee when paying by bill payment.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 230.9559 HUF
Ft 230,955.90You pay$1,000.00

Remitbee

Pay via Bank Transfer
Fees: $0.00 1 CAD = 230.9559 HUF +1.63% vs mid-market Recipient gets Ft 230,955.90 Next Day
0 reviews

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

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 230.9559 HUF
Ft 230,955.90You pay$1,000.00

Wise

Pay via Debit Card
Fees: $19.17 1 CAD = 234.7370 HUF +0.01% vs mid-market Recipient gets Ft 230,237.00 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
$19.171 CAD = 234.7370 HUF
Ft 230,237.00You pay$1,000.00

Moneycorp

Pay via Bank Transfer
Fees: $0.00 1 CAD = 230.0578 HUF +2.00% vs mid-market Recipient gets Ft 230,057.76 Next Day

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

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 230.0578 HUF
Ft 230,057.76You pay$1,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit Card
Fees: $4.99 1 CAD = 230.0365 HUF +2.03% vs mid-market Recipient gets Ft 230,036.50 6-12 Hours

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

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$4.991 CAD = 230.0365 HUF
Ft 230,036.50You pay$1,004.99
Cash pickup6-12 Hours
$5.991 CAD = 220.4118 HUF
Ft 220,411.80You pay$1,005.99
$0 fee on first online transfers

MoneyGram

Pay via Credit Card
Fees: $4.99 1 CAD = 230.0365 HUF +2.03% vs mid-market Recipient gets Ft 230,036.50 6-12 Hours

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

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$4.991 CAD = 230.0365 HUF
Ft 230,036.50You pay$1,004.99
Cash pickup6-12 Hours
$5.991 CAD = 220.4118 HUF
Ft 220,411.80You pay$1,005.99
$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fees: $4.99 1 CAD = 230.0365 HUF +2.03% vs mid-market Recipient gets Ft 230,036.50 6-12 Hours

Ways to receive money in Hungary with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$4.991 CAD = 230.0365 HUF
Ft 230,036.50You pay$1,004.99
Cash pickup6-12 Hours
$5.991 CAD = 220.4118 HUF
Ft 220,411.80You pay$1,005.99

Western Union

Pay via Debit Card
Fees: $0.00 1 CAD = 228.9651 HUF +2.50% vs mid-market Recipient gets Ft 228,966.00 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 CAD = 228.9651 HUF
Ft 228,966.00You pay$1,000.00

Western Union

Pay via Bank Transfer
Fees: $0.00 1 CAD = 228.9651 HUF +2.50% vs mid-market Recipient gets Ft 228,966.00 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 CAD = 228.9651 HUF
Ft 228,966.00You pay$1,000.00

Remitbee

Pay via Debit Card
Fees: $8.99 1 CAD = 230.9559 HUF +1.63% vs mid-market Recipient gets Ft 228,879.61 Next Day
0 reviews

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

MethodFee & ratesRecipient gets
Bank depositNext Day
$8.991 CAD = 230.9559 HUF
Ft 228,879.61You pay$1,000.00

Wise

Pay via Credit Card
Fees: $33.87 1 CAD = 234.7370 HUF +0.01% vs mid-market Recipient gets Ft 226,786.00 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
$33.871 CAD = 234.7370 HUF
Ft 226,786.00You pay$1,000.00

TD Bank

Pay via Bank Transfer
Fees: $0.00 1 CAD = 221.5914 HUF +5.77% vs mid-market Recipient gets Ft 221,591.45 6-12 Hours

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

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 221.5914 HUF
Ft 221,591.45You pay$1,000.00
How Our Results Work
Mid-market rate: 1 CAD = 234.7528 HUF Updates every 60 minutes.

How to send money from Canada to Hungary

Pick a company

Start with the cheapest, which is Remitly at 234,190 HUF on CA$1,000.

Remitly was the cheapest on 15 of the 29 days it quoted CA$1,000 transfers to Hungary.

More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.

Fund your transfer

You have 6 ways to pay, including bank transfer, debit card, credit card, interac, bill payment, and cash deposit.

Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.

Verify and send

First time round you'll need a photo ID, and often where the money came from.

Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.

Compare amounts

How much CAD are you sending to Hungary?

How much CAD 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 Remitly was the cheapest in 54% of the transfers up to C$1,000 it quoted, and in 51% of all the transfers it quoted.

Cheapest service
$100-0.58%$0.00Ft 23,611.00with debit card to bank deposit+Ft 720.56
$500-0.58%$0.00Ft 118,045.00with debit card to bank deposit+Ft 2,523.42
$1,000This page0.24%$0.00Ft 234,190.00with debit card to bank deposit+Ft 3,258.87
$3,0000.65%$0.00Ft 699,334.36with bank transfer to bank deposit+Ft 3,695.53
$10,0000.25%$0.00Ft 2,341,513.59with bank transfer to bank deposit+Ft 38,256.76
$50,0000.20%$0.00Ft 11,705,766.85with bank transfer to bank deposit+Ft 110,795.73

Mid-market rate: 1 CAD = 234.7528 HUF

CAD/HUF Exchange Rate History

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

The cheapest way to send CAD 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 Remitly), across 30 days of comparisons for 1,000 CAD transfers to Hungary.

HUF received for $1,000, after fees

Wed, Oct 28, 2026Mid-market rateFt 234,752.81 Remitly Ft 234,190.00 TD Bank Ft 221,591.45RemitlyFt 234,190.00PaysendFt 233,482.55OFXFt 233,226.92Extra cost of a bankFt 12,598.55

210,000
215,000
220,000
225,000
230,000
235,000
240,000
At the mid-market rateWith the cheapest optionWith a bankRemitlyPaysendOFX
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.1532 – Ft 228,153.23
Paysend Cheapest 226.9171 $0.00 Ft 226,917.11 −Ft 1,236.12
OFX 226.6702 $0.00 Ft 226,670.24 −Ft 1,482.99
Remitly 226.4500 $0.99 Ft 226,450.00 −Ft 1,703.23
TD Bank 215.5907 $0.00 Ft 215,590.69 −Ft 12,562.54
Exchange rateFees:Recipient getsDifference
Mid-market rate 227.4483 – Ft 227,448.28
Paysend Cheapest 226.4793 $0.00 Ft 226,479.27 −Ft 969.01
Remitly 226.0400 $0.99 Ft 226,040.00 −Ft 1,408.28
OFX 225.9699 $0.00 Ft 225,969.86 −Ft 1,478.42
TD Bank 215.0066 $0.00 Ft 215,006.59 −Ft 12,441.69
Exchange rateFees:Recipient getsDifference
Mid-market rate 227.6992 – Ft 227,699.25
Paysend Cheapest 226.4901 $0.00 Ft 226,490.12 −Ft 1,209.13
OFX 226.2192 $0.00 Ft 226,219.20 −Ft 1,480.05
Remitly 225.4600 $0.99 Ft 225,460.00 −Ft 2,239.25
TD Bank 215.0066 $0.00 Ft 215,006.59 −Ft 12,692.66
Exchange rateFees:Recipient getsDifference
Mid-market rate 230.1264 – Ft 230,126.41
Paysend Cheapest 228.8010 $0.00 Ft 228,801.01 −Ft 1,325.40
OFX 228.6306 $0.00 Ft 228,630.59 −Ft 1,495.82
Remitly 228.3900 $0.99 Ft 228,390.00 −Ft 1,736.41
TD Bank 217.3870 $0.00 Ft 217,387.04 −Ft 12,739.37
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.8068 – Ft 229,806.85
Paysend Cheapest 228.5783 $0.00 Ft 228,578.29 −Ft 1,228.56
OFX 228.3131 $0.00 Ft 228,313.11 −Ft 1,493.74
Remitly 227.9600 $0.99 Ft 227,960.00 −Ft 1,846.85
TD Bank 217.3870 $0.00 Ft 217,387.04 −Ft 12,419.81
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.7907 – Ft 229,790.72
Paysend Cheapest 228.5783 $0.00 Ft 228,578.29 −Ft 1,212.43
OFX 228.2971 $0.00 Ft 228,297.08 −Ft 1,493.64
Remitly 227.9600 $0.99 Ft 227,960.00 −Ft 1,830.72
TD Bank 217.3440 $0.00 Ft 217,344.00 −Ft 12,446.72
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.0161 – Ft 231,016.15
Paysend Cheapest 229.9025 $0.00 Ft 229,902.50 −Ft 1,113.64
OFX 229.5145 $0.00 Ft 229,514.54 −Ft 1,501.60
Remitly 229.2600 $0.99 Ft 229,260.00 −Ft 1,756.14
TD Bank 217.3440 $0.00 Ft 217,344.00 −Ft 13,672.14
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.3574 – Ft 229,357.37
Paysend Cheapest 228.2081 $0.00 Ft 228,208.12 −Ft 1,149.25
OFX 227.8665 $0.00 Ft 227,866.55 −Ft 1,490.82
Remitly 227.6200 $0.99 Ft 227,620.00 −Ft 1,737.37
TD Bank 217.1086 $0.00 Ft 217,108.60 −Ft 12,248.77
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.4488 – Ft 229,448.79
Paysend Cheapest 228.1722 $0.00 Ft 228,172.19 −Ft 1,276.60
OFX 227.9574 $0.00 Ft 227,957.37 −Ft 1,491.42
Remitly 227.5900 $0.99 Ft 227,590.00 −Ft 1,858.79
TD Bank 217.1086 $0.00 Ft 217,108.60 −Ft 12,340.19
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.4133 – Ft 229,413.28
Paysend Cheapest 228.1710 $0.00 Ft 228,171.01 −Ft 1,242.27
OFX 227.9221 $0.00 Ft 227,922.09 −Ft 1,491.19
Remitly 227.6900 $0.00 Ft 227,690.00 −Ft 1,723.28
TD Bank 217.1709 $0.00 Ft 217,170.91 −Ft 12,242.37
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.7500 – Ft 228,749.97
Paysend Cheapest 227.4758 $0.00 Ft 227,475.77 −Ft 1,274.20
OFX 227.2631 $0.00 Ft 227,263.10 −Ft 1,486.87
Remitly 226.8300 $0.99 Ft 226,830.00 −Ft 1,919.97
TD Bank 217.1709 $0.00 Ft 217,170.91 −Ft 11,579.06
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.4108 – Ft 228,410.77
Paysend Cheapest 227.2183 $0.00 Ft 227,218.27 −Ft 1,192.50
OFX 226.9261 $0.00 Ft 226,926.10 −Ft 1,484.67
Remitly 226.5400 $0.00 Ft 226,540.00 −Ft 1,870.77
TD Bank 215.6891 $0.00 Ft 215,689.13 −Ft 12,721.64
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.4108 – Ft 228,410.77
Paysend Cheapest 227.2183 $0.00 Ft 227,218.27 −Ft 1,192.50
OFX 226.9261 $0.00 Ft 226,926.10 −Ft 1,484.67
Remitly 226.5400 $0.99 Ft 226,540.00 −Ft 1,870.77
TD Bank 215.6570 $0.00 Ft 215,657.00 −Ft 12,753.77
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.7823 – Ft 228,782.26
Paysend Cheapest 227.6003 $0.00 Ft 227,600.28 −Ft 1,181.98
OFX 227.2952 $0.00 Ft 227,295.17 −Ft 1,487.09
Remitly 227.0200 $0.00 Ft 227,020.00 −Ft 1,762.26
TD Bank 216.6478 $0.00 Ft 216,647.75 −Ft 12,134.51
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.7106 – Ft 228,710.58
Remitly Cheapest 228.6200 $0.99 Ft 228,620.00 −Ft 90.58
Paysend 227.3842 $0.00 Ft 227,384.20 −Ft 1,326.38
OFX 227.2240 $0.00 Ft 227,223.96 −Ft 1,486.62
TD Bank 216.3658 $0.00 Ft 216,365.80 −Ft 12,344.78
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.4059 – Ft 228,405.94
Remitly Cheapest 228.3400 $0.99 Ft 228,340.00 −Ft 65.94
Paysend 227.1928 $0.00 Ft 227,192.78 −Ft 1,213.16
OFX 226.9213 $0.00 Ft 226,921.30 −Ft 1,484.64
TD Bank 216.0744 $0.00 Ft 216,074.38 −Ft 12,331.56
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.7160 – Ft 228,716.05
Remitly Cheapest 228.5600 $0.99 Ft 228,560.00 −Ft 156.05
Paysend 227.4138 $0.00 Ft 227,413.78 −Ft 1,302.27
OFX 227.2294 $0.00 Ft 227,229.39 −Ft 1,486.66
TD Bank 216.6533 $0.00 Ft 216,653.29 −Ft 12,062.76
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.3001 – Ft 228,300.14
Remitly Cheapest 228.2600 $0.00 Ft 228,260.00 −Ft 40.14
Paysend 227.1167 $0.00 Ft 227,116.70 −Ft 1,183.44
OFX 226.8162 $0.00 Ft 226,816.19 −Ft 1,483.95
TD Bank 216.6533 $0.00 Ft 216,653.29 −Ft 11,646.85
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.3668 – Ft 228,366.80
Remitly Cheapest 228.4900 $0.99 Ft 228,490.00 +Ft 123.20
Paysend 227.4322 $0.00 Ft 227,432.20 −Ft 934.60
OFX 226.8824 $0.00 Ft 226,882.41 −Ft 1,484.39
TD Bank 216.1690 $0.00 Ft 216,169.00 −Ft 12,197.80
Exchange rateFees:Recipient getsDifference
Mid-market rate 228.3668 – Ft 228,366.80
Remitly Cheapest 228.5100 $0.00 Ft 228,510.00 +Ft 143.20
Paysend 227.4322 $0.00 Ft 227,432.20 −Ft 934.60
OFX 226.8824 $0.00 Ft 226,882.41 −Ft 1,484.39
TD Bank 216.1690 $0.00 Ft 216,169.00 −Ft 12,197.80
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.0449 – Ft 229,044.91
Paysend Cheapest 227.7418 $0.00 Ft 227,741.77 −Ft 1,303.14
OFX 227.5561 $0.00 Ft 227,556.12 −Ft 1,488.79
TD Bank 215.8138 $0.00 Ft 215,813.80 −Ft 13,231.11
Remitly No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 229.2078 – Ft 229,207.79
Remitly Cheapest 229.1200 $0.00 Ft 229,120.00 −Ft 87.79
Paysend 227.9871 $0.00 Ft 227,987.09 −Ft 1,220.70
OFX 227.7179 $0.00 Ft 227,717.94 −Ft 1,489.85
TD Bank 216.8610 $0.00 Ft 216,861.03 −Ft 12,346.76
Exchange rateFees:Recipient getsDifference
Mid-market rate 231.1004 – Ft 231,100.39
Remitly Cheapest 230.9400 $0.00 Ft 230,940.00 −Ft 160.39
Paysend 229.8806 $0.00 Ft 229,880.60 −Ft 1,219.79
OFX 229.5982 $0.00 Ft 229,598.24 −Ft 1,502.15
TD Bank 218.8337 $0.00 Ft 218,833.68 −Ft 12,266.71
Exchange rateFees:Recipient getsDifference
Mid-market rate 232.1427 – Ft 232,142.69
Remitly Cheapest 231.9400 $0.99 Ft 231,940.00 −Ft 202.69
Paysend 230.8871 $0.00 Ft 230,887.10 −Ft 1,255.59
OFX 230.6338 $0.00 Ft 230,633.77 −Ft 1,508.92
TD Bank 219.8071 $0.00 Ft 219,807.13 −Ft 12,335.56
Exchange rateFees:Recipient getsDifference
Mid-market rate 233.1000 – Ft 233,100.04
Remitly Cheapest 232.8600 $0.99 Ft 232,860.00 −Ft 240.04
Paysend 231.8053 $0.00 Ft 231,805.28 −Ft 1,294.76
OFX 231.5849 $0.00 Ft 231,584.89 −Ft 1,515.15
TD Bank 219.8071 $0.00 Ft 219,807.13 −Ft 13,292.91
Exchange rateFees:Recipient getsDifference
Mid-market rate 233.7942 – Ft 233,794.17
Remitly Cheapest 233.4200 $0.99 Ft 233,420.00 −Ft 374.17
Paysend 232.4869 $0.00 Ft 232,486.91 −Ft 1,307.26
OFX 232.2745 $0.00 Ft 232,274.51 −Ft 1,519.66
TD Bank 220.6530 $0.00 Ft 220,653.00 −Ft 13,141.17
Exchange rateFees:Recipient getsDifference
Mid-market rate 233.7942 – Ft 233,794.17
Remitly Cheapest 233.2600 $0.00 Ft 233,260.00 −Ft 534.17
Paysend 232.4869 $0.00 Ft 232,486.91 −Ft 1,307.26
OFX 232.2745 $0.00 Ft 232,274.51 −Ft 1,519.66
TD Bank 220.6530 $0.00 Ft 220,653.00 −Ft 13,141.17
Exchange rateFees:Recipient getsDifference
Mid-market rate 233.3093 – Ft 233,309.34
Remitly Cheapest 232.9600 $0.99 Ft 232,960.00 −Ft 349.34
Paysend 232.0868 $0.00 Ft 232,086.81 −Ft 1,222.53
OFX 231.7928 $0.00 Ft 231,792.83 −Ft 1,516.51
TD Bank 220.5985 $0.00 Ft 220,598.53 −Ft 12,710.81
Exchange rateFees:Recipient getsDifference
Mid-market rate 234.7959 – Ft 234,795.86
Remitly Cheapest 234.3600 $0.99 Ft 234,360.00 −Ft 435.86
Paysend 233.5433 $0.00 Ft 233,543.32 −Ft 1,252.54
OFX 233.2697 $0.00 Ft 233,269.68 −Ft 1,526.18
TD Bank 221.8916 $0.00 Ft 221,891.57 −Ft 12,904.29
Exchange rateFees:Recipient getsDifference
Mid-market rate 234.7528 – Ft 234,752.81
Remitly Cheapest 234.1900 $0.00 Ft 234,190.00 −Ft 562.81
Paysend 233.4826 $0.00 Ft 233,482.55 −Ft 1,270.26
OFX 233.2269 $0.00 Ft 233,226.92 −Ft 1,525.89
TD Bank 221.5914 $0.00 Ft 221,591.45 −Ft 13,161.36

Exchange rateFees:Recipient getsDifference

Each line shows what the recipient gets when you send $1,000, after fees, as quoted by each company. The mid-market line shows what $1,000 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 CAD 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, Remitly pays 234,190 HUF on 1,000 CAD, which is 562.81 HUF less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 234,360 HUF.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

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 180 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. RemitlyAppeared in 97 comparisons

    Cheapest in 51% of them

  2. PaysendAppeared in 97 comparisons

    Cheapest in 53% of them

  3. OFXAppeared in 136 comparisons

    Cheapest in 14% of them

  4. TD BankAppeared in 113 comparisons

    Never the cheapest

Based on 180 comparisons across 6 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 analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Remitly is the cheapest and gets you the most HUF, and it was also the cheapest in 51% of the 97 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Hungary.

Paysend (today's second cheapest) was the cheapest in 53% of its comparisons, so if you send money to Hungary regularly, it's worth comparing it with Remitly before each transfer.

Ways to send money from Canada to Hungary

There are 10 companies sending money to Hungary, but how you send depends on your needs.

Most common option

In-person transfers

Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.

Bring CA$1,000 in cash to the closest Remitly location, and your recipient picks up 234,190 HUF within minutes.

Our data shows Remitly came out cheapest among in-person options on 100% of days in the past month.

Cash transfers cost more

Cash transfer to Hungary is usually the most expensive option, compare your options above to get the best deal.

For transfers home

Money transfer apps

An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.

Remitly charges CA$0 in fees and adds 0.24% markup, so your CA$1,000 delivers 234,190 HUF in within an hour.

Over the past month, Remitly was the cheapest app on 52% of the days it appeared for CA$1,000 transfers.

You don't need a SIN to sign up either, a passport works.

For one-off transfers

Online transfers

For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.

Of the 10 companies we compared, Remitly is the cheapest online service and currently gets you 234,190 HUF on a CA$1,000 transfer after a CA$0 fee and 0.24% markup.

In our comparisons over the past month, it was the cheapest online service on 15 of the 29 days it quoted.

Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.

The most expensive way

Banks

A wire from your bank carries a $30 to $80 fee, plus another 1.5 to 3% inside the exchange rate that you won't see itemized anywhere.

On a CA$1,000 transfer, a bank like TD Bank delivers 221,591.45 HUF, against 234,190 HUF with Remitly.

We found TD Bank was the cheapest bank on 30 of the 30 days it appeared for this amount.

The wire can feel like the safer choice for a big amount, but bank deposit insurance and the safeguards used by money transfer companies are just as safe, just different protections.

For large transfers from Canada

Currency brokers

For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.

Brokers like OFX charge no fees but add 0.65% on CAD/HUF interbank rate.

The markup gets lower the more you send, with an account manager handling it end to end.

Our analysis shows OFX was the cheapest broker in 60% of all the transfers it quoted.

If you're sending large amounts, expect more questions about the transfers, so have statements and documents ready to avoid delays.

For businesses paying abroad

Global accounts

Global accounts handle the business side, paying suppliers, contractors and overseas invoices in HUF.

Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.

For spending abroad and getting paid

Multi-currency accounts

If part of your life runs in HUF, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.

Wise lets you hold CAD and HUF, and convert between them at low cost.

For example, converting $1,000 costs $8.17 in fees at 0.01% markup, which gets you 232,819 HUF.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund CAD and receive HUF in Hungary

With Remitly, paying by debit card and receiving through bank deposit is the cheapest combination. Sending CA$1,000 gives your recipient 234,190 HUF.

Our data shows that Remitly gets your recipient 12,598.55 HUF more than TD Bank, today's cheapest bank, on the same CA$1,000.

Deposit CAD using bank transfer, debit card, credit card, interac, bill payment, and cash deposit.

I suggest using Interac e-Transfer for simplicity

Follow the company's Interac instructions and check the business name before sending.

Do not send to an email address supplied outside the company's app or website.

The recipient can receive HUF through bank deposit and cash pickup.

For a bank deposit payout, you will need the recipient's bank details in Hungary.

  1. 1
    debit card Bank deposit

    You pay CA$1,000.00

    Ft234,190

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay CA$1,000.00

    Ft234,190

    Ft0

  3. 3
    Interac Bank deposit

    You pay CA$1,000.00

    Ft234,190

    Ft0

  4. 4
    credit card Bank deposit

    You pay CA$1,020.00

    Ft234,190

    Ft0

  5. 5
    Bill payment Bank deposit

    You pay CA$1,000.00

    Ft230,956

    -Ft3,234

Show moreShow less
  1. 6
    Cash deposit Bank deposit

    You pay CA$1,004.99

    Ft230,037

    -Ft4,154

  2. 7
    debit card Cash pickup

    You pay CA$1,005.99

    Ft220,412

    -Ft13,778

  3. 8
    credit card Cash pickup

    You pay CA$1,005.99

    Ft220,412

    -Ft13,778

  4. 9
    Cash deposit Cash pickup

    You pay CA$1,005.99

    Ft220,412

    -Ft13,778

Consider this when sending CAD to Hungary

Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.

Compare CAD/HUF transfer options

For a CA$1,000 transfer to Hungary, these are the cheapest, fastest and easiest options available now.

Best way to send money to Hungary

Remitly is the cheapest and easiest option, funded by debit card with bank deposit for the payout. Your recipient gets 234,190 HUF, which is 0.3% more than the next best option.

Fastest way to send money to Hungary

Remitly is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 234,190 HUF in within an hour.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in Hungary.

When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.

C$10,000 reporting threshold

There is no C$10,000 legal cap on electronic transfers from Canada.

A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.

The bank or transfer company makes that report, you do not file it yourself.

But you may be asked for proof of where the money came from.

Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.

Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.

CDIC protection

Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.

Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.

If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.

If you live in Quebec, also confirm that it is allowed to provide money services there.

How we analyse the market

Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.

That covers 10 FINTRAC-registered companies sending CAD to Hungary, updated in real time during a live search, compared on rates, fees and how your recipient can collect.

In the past 30 days alone, we analyzed 180 comparisons across 6 amounts.

This page covers the cheapest and fastest options for CAD/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.

Each goes through our review. 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.