How to send money to Hungary from Switzerland with the best CHF-HUF rate

The cheapest option overall is Key Currency, giving your recipient 2,377,697.17 HUF when you send CHF 6,000.

Below we’ve compared 8 ways to send money from Switzerland to Hungary.

Best companies for CHF/HUF transfers

8 of 8 providers

Last updated on 28 October 2026

Based on 6,000 CHF transfer

Best companies for CHF/HUF transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee CHF 26.80 1 CHF = 397.2340 HUF +0.01% vs mid-market Recipient gets Ft 2'372'758.00 Within minutes
Multi-currency cardReceive 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
CHF 26.801 CHF = 397.2340 HUF
Ft 2'372'758.00You payCHF 6'000.00
Promoted

Xe

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 393.5547 HUF +0.94% vs mid-market Recipient gets Ft 2'361'328.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 393.5547 HUF
Ft 2'361'328.20You payCHF 6'000.00

Run a live search

Showing top Switzerland to Hungary deals for 6,000 CHF. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 396.2829 HUF +0.25% vs mid-market Recipient gets Ft 2'377'697.17 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 CHF = 396.2829 HUF
Ft 2'377'697.17You payCHF 6'000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 396.2034 HUF +0.27% vs mid-market Recipient gets Ft 2'377'220.43 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 396.2034 HUF
Ft 2'377'220.43You payCHF 6'000.00

TorFx

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 396.0842 HUF +0.30% vs mid-market Recipient gets Ft 2'376'505.34 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 396.0842 HUF
Ft 2'376'505.34You payCHF 6'000.00

Wise

Pay via Bank transfer
Fee CHF 26.80 1 CHF = 397.2340 HUF +0.01% vs mid-market Recipient gets Ft 2'372'758.00 Within minutes
Recommended
Multi-currency cardReceive 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
CHF 26.801 CHF = 397.2340 HUF
Ft 2'372'758.00You payCHF 6'000.00

OFX

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 395.2897 HUF +0.50% vs mid-market Recipient gets Ft 2'371'738.02 Minutes - 24 hours
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 395.2897 HUF
Ft 2'371'738.02You payCHF 6'000.00

Xe

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 393.5547 HUF +0.94% vs mid-market Recipient gets Ft 2'361'328.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 393.5547 HUF
Ft 2'361'328.20You payCHF 6'000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee CHF 56.50 1 CHF = 396.3710 HUF +0.23% vs mid-market Recipient gets Ft 2'355'830.90 Within minutes
Fastest
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
CHF 56.501 CHF = 396.3710 HUF
Ft 2'355'830.90You payCHF 6'000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Moneycorp

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 391.7142 HUF +1.40% vs mid-market Recipient gets Ft 2'350'285.12 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 CHF = 391.7142 HUF
Ft 2'350'285.12You payCHF 6'000.00

Xe

Pay via Debit card
Fee CHF 36.00 1 CHF = 393.5547 HUF +0.94% vs mid-market Recipient gets Ft 2'347'160.23 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
CHF 36.001 CHF = 393.5547 HUF
Ft 2'347'160.23You payCHF 6'000.00

Xe

Pay via Credit card
Fee CHF 36.00 1 CHF = 393.5547 HUF +0.94% vs mid-market Recipient gets Ft 2'347'160.23 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
CHF 36.001 CHF = 393.5547 HUF
Ft 2'347'160.23You payCHF 6'000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee CHF 89.50 1 CHF = 396.3710 HUF +0.23% vs mid-market Recipient gets Ft 2'342'750.66 Within minutes
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
CHF 89.501 CHF = 396.3710 HUF
Ft 2'342'750.66You payCHF 6'000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

How Our Results Work
Mid-market rate: 1 CHF = 397.2761 HUF Updates every 60 minutes.

How to send money from Switzerland to Hungary

Pick a company

Start with the cheapest, which is Key Currency at 2,377,697.17 HUF for a CHF 6,000 transfer.

Key Currency was the cheapest on 25 of the 26 days it quoted fr.6,000 transfers to Hungary.

Sending the same money as an international transfer from your Swiss bank costs 1 to 3% in the rate before any fee.

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit card.

TWINT won't do this, it's for paying people and shops inside Switzerland.

Verify and send

First time round you'll need a photo ID and your Swiss address.

The company may pause a first large transfer, it just means you need to submit more details to confirm it's really you.

Compare amounts

How much CHF are you sending to Hungary?

How much CHF 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 Key Currency was the cheapest in 98% of the transfers from CHF 6,000 it quoted, and in 98% of all the transfers it quoted.

Cheapest service
CHF 1'0000.25%CHF 1.50Ft 395'605.86with bank transfer to bank deposit+Ft 4'241.22
CHF 5'0000.27%CHF 0.00Ft 1'981'420.36with bank transfer to bank deposit+Ft 17'371.50
CHF 6'000This page0.25%CHF 0.00Ft 2'377'697.17with bank transfer to bank deposit+Ft 15'839.51
CHF 25'0000.20%CHF 0.00Ft 9'917'533.86with bank transfer to bank deposit+Ft 25'983.05

Mid-market rate: 1 CHF = 397.2761 HUF

CHF/HUF Exchange Rate History

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

The cheapest way to send CHF 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 Key Currency), across 30 days of comparisons for 6,000 CHF transfers to Hungary.

HUF received for CHF 6'000, after fees

Wed, 28 Oct 2026Mid-market rateFt 2'383'656.31 Key Currency Ft 2'377'697.17Key CurrencyFt 2'377'697.17Regency FXFt 2'377'220.43TorFxFt 2'376'505.34

2.30M
2.32M
2.34M
2.36M
2.38M
2.40M
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 389.6724 – Ft 2'338'034.44
Key Currency Cheapest 388.6982 CHF 0.00 Ft 2'332'189.35 −Ft 5'845.09
Regency FX 388.6203 CHF 0.00 Ft 2'331'721.74 −Ft 6'312.70
TorFx 388.5034 CHF 0.00 Ft 2'331'020.33 −Ft 7'014.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 386.7890 – Ft 2'320'734.19
Key Currency Cheapest 385.8221 CHF 0.00 Ft 2'314'932.36 −Ft 5'801.83
Regency FX 385.7447 CHF 0.00 Ft 2'314'468.21 −Ft 6'265.98
TorFx 385.6287 CHF 0.00 Ft 2'313'771.99 −Ft 6'962.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 389.8797 – Ft 2'339'278.00
Key Currency Cheapest 388.9050 CHF 0.00 Ft 2'333'429.81 −Ft 5'848.19
Regency FX 388.8270 CHF 0.00 Ft 2'332'961.95 −Ft 6'316.05
TorFx 388.7100 CHF 0.00 Ft 2'332'260.17 −Ft 7'017.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 395.0060 – Ft 2'370'035.81
Key Currency Cheapest 394.0185 CHF 0.00 Ft 2'364'110.72 −Ft 5'925.09
Regency FX 393.9395 CHF 0.00 Ft 2'363'636.71 −Ft 6'399.10
TorFx 393.8210 CHF 0.00 Ft 2'362'925.70 −Ft 7'110.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 395.2865 – Ft 2'371'719.08
Key Currency Cheapest 394.2983 CHF 0.00 Ft 2'365'789.78 −Ft 5'929.30
Regency FX 394.2192 CHF 0.00 Ft 2'365'315.44 −Ft 6'403.64
TorFx 394.1007 CHF 0.00 Ft 2'364'603.92 −Ft 7'115.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 394.3164 – Ft 2'365'898.58
Wise Cheapest 395.1330 CHF 26.80 Ft 2'360'208.00 −Ft 5'690.58
Key Currency 393.3306 CHF 0.00 Ft 2'359'983.83 −Ft 5'914.75
Regency FX 393.2518 CHF 0.00 Ft 2'359'510.65 −Ft 6'387.93
TorFx 393.1335 CHF 0.00 Ft 2'358'800.88 −Ft 7'097.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 396.6406 – Ft 2'379'843.60
Wise Cheapest 396.6560 CHF 26.80 Ft 2'369'306.00 −Ft 10'537.60
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 391.6755 – Ft 2'350'053.25
Key Currency Cheapest 390.6964 CHF 0.00 Ft 2'344'178.11 −Ft 5'875.14
Regency FX 390.6180 CHF 0.00 Ft 2'343'708.10 −Ft 6'345.15
TorFx 390.5005 CHF 0.00 Ft 2'343'003.09 −Ft 7'050.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 392.8085 – Ft 2'356'850.93
Key Currency Cheapest 391.8265 CHF 0.00 Ft 2'350'958.81 −Ft 5'892.12
Regency FX 391.7479 CHF 0.00 Ft 2'350'487.44 −Ft 6'363.49
TorFx 391.6301 CHF 0.00 Ft 2'349'780.38 −Ft 7'070.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 393.2431 – Ft 2'359'458.43
Key Currency Cheapest 392.2600 CHF 0.00 Ft 2'353'559.79 −Ft 5'898.64
Regency FX 392.1813 CHF 0.00 Ft 2'353'087.89 −Ft 6'370.54
TorFx 392.0633 CHF 0.00 Ft 2'352'380.06 −Ft 7'078.37
Exchange rateFeeRecipient getsDifference
Mid-market rate 391.3060 – Ft 2'347'836.25
Key Currency Cheapest 390.3278 CHF 0.00 Ft 2'341'966.66 −Ft 5'869.59
Regency FX 390.2495 CHF 0.00 Ft 2'341'497.09 −Ft 6'339.16
TorFx 390.1321 CHF 0.00 Ft 2'340'792.74 −Ft 7'043.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 392.6412 – Ft 2'355'847.17
Key Currency Cheapest 391.6596 CHF 0.00 Ft 2'349'957.55 −Ft 5'889.62
Regency FX 391.5811 CHF 0.00 Ft 2'349'486.38 −Ft 6'360.79
TorFx 391.4633 CHF 0.00 Ft 2'348'779.63 −Ft 7'067.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 392.6412 – Ft 2'355'847.17
Key Currency Cheapest 391.6596 CHF 0.00 Ft 2'349'957.55 −Ft 5'889.62
Regency FX 391.5811 CHF 0.00 Ft 2'349'486.38 −Ft 6'360.79
TorFx 391.4633 CHF 0.00 Ft 2'348'779.63 −Ft 7'067.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 391.5338 – Ft 2'349'202.55
Key Currency Cheapest 390.5549 CHF 0.00 Ft 2'343'329.55 −Ft 5'873.00
Regency FX 390.4766 CHF 0.00 Ft 2'342'859.71 −Ft 6'342.84
TorFx 390.3592 CHF 0.00 Ft 2'342'154.95 −Ft 7'047.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 390.9473 – Ft 2'345'683.85
Key Currency Cheapest 389.9699 CHF 0.00 Ft 2'339'819.64 −Ft 5'864.21
Regency FX 389.8918 CHF 0.00 Ft 2'339'350.51 −Ft 6'333.34
TorFx 389.7745 CHF 0.00 Ft 2'338'646.80 −Ft 7'037.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 390.3283 – Ft 2'341'970.07
Key Currency Cheapest 389.3525 CHF 0.00 Ft 2'336'115.14 −Ft 5'854.93
Regency FX 389.2745 CHF 0.00 Ft 2'335'646.75 −Ft 6'323.32
TorFx 389.1574 CHF 0.00 Ft 2'334'944.16 −Ft 7'025.91
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 391.5290 CHF 26.80 Ft 2'338'681.00 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 391.6688 – Ft 2'350'013.02
Key Currency Cheapest 390.6897 CHF 0.00 Ft 2'344'137.98 −Ft 5'875.04
Regency FX 390.6113 CHF 0.00 Ft 2'343'667.98 −Ft 6'345.04
TorFx 390.4938 CHF 0.00 Ft 2'342'962.98 −Ft 7'050.04
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 392.2690 CHF 26.80 Ft 2'343'101.00 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 392.2690 CHF 26.80 Ft 2'343'101.00 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 392.8007 – Ft 2'356'804.21
Key Currency Cheapest 391.8187 CHF 0.00 Ft 2'350'912.20 −Ft 5'892.01
Regency FX 391.7401 CHF 0.00 Ft 2'350'440.84 −Ft 6'363.37
TorFx 391.6223 CHF 0.00 Ft 2'349'733.80 −Ft 7'070.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 391.4460 – Ft 2'348'675.93
Key Currency Cheapest 390.4674 CHF 0.00 Ft 2'342'804.24 −Ft 5'871.69
Regency FX 390.3891 CHF 0.00 Ft 2'342'334.50 −Ft 6'341.43
TorFx 390.2717 CHF 0.00 Ft 2'341'629.90 −Ft 7'046.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 394.8149 – Ft 2'368'889.11
Key Currency Cheapest 393.8278 CHF 0.00 Ft 2'362'966.89 −Ft 5'922.22
Regency FX 393.7489 CHF 0.00 Ft 2'362'493.11 −Ft 6'396.00
TorFx 393.6304 CHF 0.00 Ft 2'361'782.44 −Ft 7'106.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 397.8687 – Ft 2'387'212.16
Key Currency Cheapest 396.8740 CHF 0.00 Ft 2'381'244.13 −Ft 5'968.03
Regency FX 396.7944 CHF 0.00 Ft 2'380'766.69 −Ft 6'445.47
TorFx 396.6751 CHF 0.00 Ft 2'380'050.53 −Ft 7'161.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 398.1641 – Ft 2'388'984.85
Key Currency Cheapest 397.1687 CHF 0.00 Ft 2'383'012.39 −Ft 5'972.46
Regency FX 397.0891 CHF 0.00 Ft 2'382'534.59 −Ft 6'450.26
TorFx 396.9696 CHF 0.00 Ft 2'381'817.90 −Ft 7'166.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 396.7753 – Ft 2'380'651.70
Key Currency Cheapest 395.7833 CHF 0.00 Ft 2'374'700.07 −Ft 5'951.63
Regency FX 395.7040 CHF 0.00 Ft 2'374'223.94 −Ft 6'427.76
TorFx 395.5850 CHF 0.00 Ft 2'373'509.74 −Ft 7'141.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 396.7753 – Ft 2'380'651.70
Key Currency Cheapest 395.7833 CHF 0.00 Ft 2'374'700.07 −Ft 5'951.63
Regency FX 395.7040 CHF 0.00 Ft 2'374'223.94 −Ft 6'427.76
TorFx 395.5850 CHF 0.00 Ft 2'373'509.74 −Ft 7'141.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 396.2933 – Ft 2'377'759.87
Key Currency Cheapest 395.3026 CHF 0.00 Ft 2'371'815.47 −Ft 5'944.40
Regency FX 395.2233 CHF 0.00 Ft 2'371'339.92 −Ft 6'419.95
TorFx 395.1044 CHF 0.00 Ft 2'370'626.59 −Ft 7'133.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 397.5893 – Ft 2'385'535.66
Key Currency Cheapest 396.5953 CHF 0.00 Ft 2'379'571.82 −Ft 5'963.84
Regency FX 396.5158 CHF 0.00 Ft 2'379'094.71 −Ft 6'440.95
TorFx 396.3965 CHF 0.00 Ft 2'378'379.05 −Ft 7'156.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 397.2761 – Ft 2'383'656.31
Key Currency Cheapest 396.2829 CHF 0.00 Ft 2'377'697.17 −Ft 5'959.14
Regency FX 396.2034 CHF 0.00 Ft 2'377'220.43 −Ft 6'435.88
TorFx 396.0842 CHF 0.00 Ft 2'376'505.34 −Ft 7'150.97

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send CHF 6'000, after fees, as quoted by each company. The mid-market line shows what CHF 6'000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

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 CHF than the mid-market rate can offer.

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

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of HUF on every transfer from Switzerland.

Right now, Key Currency pays 2,377,697.17 HUF on 6,000 CHF, which is 5,959.14 HUF less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 2,383,012.39 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 106 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

  1. Key CurrencyAppeared in 54 comparisons

    Cheapest in 98% of them

  2. Regency FXAppeared in 70 comparisons

    Cheapest in 20% of them

  3. TorFxAppeared in 70 comparisons

    Never the cheapest

Based on 106 comparisons across 4 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 Key Currency is the cheapest and gets you the most HUF, and it was also the cheapest in 98% of the 54 comparisons it appeared in over the past month.

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

Regency FX (today's second cheapest) was the cheapest in only 20% of its comparisons, so it's rarely the cheapest option for transfers to Hungary.

Ways to send money from Switzerland to Hungary

8 companies send money from Switzerland to Hungary, across broker, online, app, global account, and multi-currency account, and more.

For one-off transfers

Online transfers

Online services like Wise are usually cheaper than Swiss banks for one-off and medium-sized transfers.

With Wise, 6,000 CHF gets your recipient 2,372,758 HUF.

The fee is 26.8 CHF, with a 0.01% markup on top of the CHF/HUF rate.

In our comparisons over the past month, it was the cheapest online service on 28 of the 28 days it quoted.

For spending and receiving

Multi-currency accounts

A multi-currency account is useful if you earn in Swiss francs but spend money in HUF (be it payments or travelling).

Wise converts CHF 6,000 with a 0.01% exchange-rate markup and lets you hold CHF and HUF in one account.

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

For regular transfers

Money transfer apps

For the monthly transfer to family, money transfer apps are the easiest to start with.

Wise charges fr.26.8 on a fr.6,000 transfer, and the money lands within an hour.

Over the past month, Wise was the cheapest app on 100% of the days it appeared for fr.6,000 transfers.

You can also save recipients and create automated scheduled transfers to Hungary.

You can’t make deposits with TWINT, but instead you can use Apple Pay, Google Pay, bank transfer, debit card, and credit card.

For large CHF transfers

Currency brokers

Private banks can usually do this too, but brokers streamline the process and you also get an account manager to handle the transfer.

For example, if you are buying property in Hungary or moving your wealth, a broker like Key Currency charges no fee and works on a margin instead (0.25% on CHF/HUF).

I suggest , since the more HUF you send the better rate you get.

Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from CHF 6,000 it quoted.

Brokers charge no fees, so settle with the one that gives you the best CHF/HUF rate.

For companies paying across borders

Global accounts

Converting every payment separately adds extra work for Swiss businesses with regular costs in Hungary.

A global account lets you hold HUF alongside CHF and pay from the balance.

Wise Business, WorldFirst and Airwallex offer multi-currency accounts with business payment tools.

Ways to fund CHF and receive HUF in Hungary

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CHF 6,000 gives your recipient 2,377,697.17 HUF.

The transfer can be paid for by bank transfer, debit card, and credit card.

You can pay from your Swiss bank account

Send CHF to the account details provided by the company.

Use the exact reference so it can match the payment to your transfer.

TWINT is mainly for payments in Switzerland, so it does not replace an international transfer to Hungary.

In Hungary, they can get HUF delivered as bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay fr.6,000.00

    Ft2,377,697

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay fr.6,000.00

    Ft2,347,160

    -Ft30,537

  3. 3
    Credit card Bank deposit

    You pay fr.6,000.00

    Ft2,347,160

    -Ft30,537

Things to know before sending CHF to Hungary

The exchange-rate margin usually matters more than the transfer fee from Switzerland. Gift tax and account protection also depend on details that are easy to miss.

Compare CHF/HUF transfer options

For a CHF 6,000 transfer to Hungary, these are the best options in our comparison.

Cheapest way to send money to Hungary

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 2,377,697.17 HUF, which is 0.02% more than the next best option.

Fastest way to send money to Hungary

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 2,355,830.9 HUF in within minutes.

Switzerland is in SEPA, but CHF is not a SEPA currency

Swiss banks can make SEPA payments in euros, but a CHF transfer to HUF requires a conversion.

Same goes for TWINT and Swiss instant payments.

Money transfer companies can take these as funding methods (since accounts are in Switzerland) but then they switch to an internal network of accounts.

Gift tax depends on your canton

Switzerland has no federal gift tax applied on transfers abroad.

Most cantons impose their own rules, with the amount due usually depending on the value of the gift and your relationship to the recipient.

The federal Swiss authorities explain the cantonal rules here.

Money transfer protection

Do not assume every app used in Switzerland is FINMA-authorised or covered by Swiss deposit insurance.

Some services operate under a foreign licence, and a Swiss virtual IBAN does not by itself create Swiss deposit protection.

Eligible deposits at participating Swiss banks are protected up to CHF 100,000 per customer and bank, but esisuisse confirms that a virtual IBAN or correspondent account may fall outside that protection.

If you’re in doubt about a money transfer company or app, check the legal company behind the service in the FINMA register.

How we analyse the market

Most pricing comes straight from the companies, and anything we collect by hand is marked in the table.

That covers 8 of them sending CHF to Hungary, refreshed in real time on live searches and compared on rates, fees and the ways to pay and collect.

In the past 30 days alone, we analysed 106 comparisons across 4 amounts.

This page covers the cheapest and fastest options for CHF/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 how to get started.

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