Home Send Money From United Kingdom to Hungary

Send Money from United Kingdom (GBP) to Hungary (HUF)

Transfer GBP to HUF quickly and easily by comparing the latest exchange rates, and best provider fees, speed and reviews from United Kingdom to Hungary.

Amount
2000
GBP
HUF
United Kingdom
GBP
Hungary
HUF
GBP
£
Top Provider
Amount Received
By bank-transfer
 958,636.87
HUF
Fees: 0
Rate: 479.31843 *
Payment Options
Speed
bank-transfer
1_to_2_hours
debit-card
1_to_2_hours
Key Features
5-star customer rating on TrustPilot
No Transfer Fees
Award-Winning Service
Transfer 24/7 Online or by App
Amount Received
By bank-transfer
 954,783.05
HUF
Fees: 0
Rate: 477.39152 *
Payment Options
Speed
debit-card
1_to_2_hours
bank-transfer
1_to_2_hours
Key Features
5-star customer rating on TrustPilot
No transfer limit & no fees
£25 gift card when you refer a friend
Excellent customer support
Amount Received
By bank-transfer
 956,256.00
HUF
Fees: £9.74
Rate: 480.46800
Payment Options
Speed
bank-transfer
next_day
credit-card
next_day
debit-card
next_day
Key Features
Offers low rates
Well known brand
Amount Received
By bank-transfer
 960,325.32
HUF
Fees: £2.50
Rate: 480.76361 *
Payment Options
Speed
credit-card
1_to_2_hours
debit-card
1_to_2_hours
bank-transfer
3_to_6_hours
Key Features
Fast transfers
First 2 transfers FREE & £5 when you refer a friend
Amount Received
By bank-transfer
 950,736.54
HUF
Fees: 0
Rate: 475.36827 *
Payment Options
Speed
debit-card
1_to_2_hours
bank-transfer
1_to_2_hours
Key Features
5-star customer rating on Trustpilot
Fee-free transfers 24/7 online or by app
Global offices (16 in Spain)
Dedicated account manager
Amount Received
By bank-transfer
 933,105.33
HUF
Fees: 0
Rate: 466.55267 *
Payment Options
Speed
bank-transfer
3_to_5_days
debit-card
3_to_5_days
Key Features
Internationally renowned bank
Amount Received
By bank-transfer
 927,481.17
HUF
Fees: £10.00
Rate: 466.07094 *
Payment Options
Speed
bank-transfer
3_to_5_days
debit-card
3_to_5_days
Key Features
Internationally renowned bank
Current Mid-Market Rate: 1 GBP = 481.727068 HUF
* Some rates may be indicative.

Best Providers for Sending Money to Hungary from United Kingdom

When considering how to send money Hungary from United Kingdom there are some key aspects of the transfer that will impact the best provider for your needs. 

There are plenty of international money transfer providers for United Kingdom to Hungary. The fastest provider is TorFx. The cheapest provider we found is Passto at 0.5% Above Mid-Market Rate.

If you’re looking for the best combination of price, speed, and reliability we recommend using TorFx when sending GBP – HUF.

This means that by using TorFx for online money transfers to Hungary from United Kingdom, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.

Alternatively, if you are unable to access TorFx for any reason, our comparison engine has found XE and Wise also to be very good options when sending GBP to HUF.

The cheapest way to send money from United Kingdom to Hungary

The cost of transferring money will depend on the value of the transaction and amount of HUF you want the recipient in Hungary to receive. 

In order to avoid high fees, you should consider the cheapest way to send money from United Kingdom to Hungary.  

Passto has been determined by our comparison engine to be currently offering you the cheapest rates possible.

The fastest way to send money from United Kingdom to Hungary

When sending money from United Kingdom to Hungary, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers, particularly if you want to send money instantly. Currently, TorFx is the fastest way to send GBP – HUF.

What payment methods are available when sending money from United Kingdom to Hungary?

Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.

Sending money to Hungary from United Kingdom using credit card

To avoid high fees you can opt to use an online money transfer provider such as Wise to pay for your transfer to Hungary. Our guide on sending money using a credit card has more information. 

Sending money to Hungary from United Kingdom using a debit card

With TorFx you can send money online to Hungary using your debit card. But before making a payment, make sure you understand all the processing fees in place. Our guide on sending money using a debit card has more information. 

Using a wire transfer to send money from United Kingdom to Hungary

Bank and international wire transfers are the most common ways of sending money Hungary as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use TorFx to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.

When sending money to Hungary from United Kingdom using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee. If you do decide to make an international transfer using wire transfer, you might be required to use a SWIFT/BIC code when completing your transaction. If you’re unsure of what it is, check out our guide on what is a SWIFT code as well as use our SWIFT code calculator to find the right SWIFT/BIC code.

On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as TorFx, XE and Wise.

Considerations for a GBP to HUF Currency Transfer

Before sending money to Hungary from United Kingdom, you should consider the following:

  1. The amount you want to transfer: It is likely that the more money you send to Hungary the more value you will get and more HUF the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
  2. The GBP – HUF exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 481.727068 and the lowest exchange rate margin is currently offered by TorFx at 0.5% above the mid market rate.
  3. Hidden fees & charges: Before sending money to Hungary, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers TorFx, XE and Wise will give insight here.

How to send money from United Kingdom to Hungary at the best rate?

This one’s easy. Simply use our comparison table above to find the best provider to send GBP to HUF. After that it’s just a process of making your transfer via the following steps:

  1. Click “Visit Site” inside our comparison table
  2. Register for an account if required
  3. Input how much you are willing to send
  4. Fund your transfer
  5. Receive & save an email confirming your transfer

How to receive transfers from GBP to HUF in Hungary?

Your recipient has a few methods available to receive your money in Hungary. These will vary between providers, but it is possible to find services that will:

If your recipient is going to collect or have the money delivered to them in Hungary, then they will usually need the following:

How much money can be transferred from United Kingdom to Hungary?

The amount of HUF you can receive from United Kingdom will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers. 

You should also check if there are any government regulations pertaining to the amount of HUF that can be received in Hungary or sent from United Kingdom before making your transfer.

How much money can be transferred from United Kingdom to Hungary?
Are there any tax implications from sending money from United Kingdom to Hungary?
Are money transfers services regulated?
Can I send money with MoneyTransfers.com?
How we compare?
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Keith Hodges
Written by
Keith Hodges

Keith is a digital specialist with a background in the financial industry, both as a marketeer and a journalist. Keith joined MoneyTransfers.com in order to take the business to the next level and expand our offering in multiple international money transfer markets.