How to send money to Hungary from Germany with the best EUR-HUF rate

Key Currency is the best and cheapest service overall. On €7,000 you will get 2,561,894.29 HUF after fees and the exchange rate.

We’ve compared 11 money transfer companies in more detail below.

Best companies for EUR/HUF transfers

12 of 12 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/HUF transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €45.37 1 EUR = 366.9250 HUF -0.01% vs mid-market Recipient gets Ft 2,551,828.00 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
€45.371 EUR = 366.9250 HUF
Ft 2,551,828.00You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 361.5181 HUF +1.48% vs mid-market Recipient gets Ft 2,530,626.70 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
Free1 EUR = 361.5181 HUF
Ft 2,530,626.70You pay€7,000.00

Run a live search

Showing top Germany to Hungary deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.

Opal Transfer

Pay via Bank transfer
Fee €1.00 1 EUR = 380.0000 HUF -3.51% vs mid-market Recipient gets Ft 2,659,620.00 Minutes - 24 hours
0 reviews
Cheapest

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
€1.001 EUR = 380.0000 HUF
Ft 2,659,620.00You pay€7,000.00
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 365.9849 HUF +0.25% vs mid-market Recipient gets Ft 2,561,894.29 Minutes - 3 days
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 EUR = 365.9849 HUF
Ft 2,561,894.29You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 365.9115 HUF +0.27% vs mid-market Recipient gets Ft 2,561,380.63 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 EUR = 365.9115 HUF
Ft 2,561,380.63You pay€7,000.00

TorFx

Pay via Bank transfer
Fee €0.00 1 EUR = 365.8014 HUF +0.30% vs mid-market Recipient gets Ft 2,560,610.13 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 EUR = 365.8014 HUF
Ft 2,560,610.13You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 365.0676 HUF +0.50% vs mid-market Recipient gets Ft 2,555,473.50 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 EUR = 365.0676 HUF
Ft 2,555,473.50You pay€7,000.00

Wise

Pay via Bank transfer
Fee €45.37 1 EUR = 366.9250 HUF -0.01% vs mid-market Recipient gets Ft 2,551,828.00 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
€45.371 EUR = 366.9250 HUF
Ft 2,551,828.00You pay€7,000.00

Wise

Pay via iDEAL
Fee €55.47 1 EUR = 366.9250 HUF -0.01% vs mid-market Recipient gets Ft 2,548,122.00 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€55.471 EUR = 366.9250 HUF
Ft 2,548,122.00You pay€7,000.00

CurrencyFair

Pay via Bank transfer
Fee €2.73 1 EUR = 364.1000 HUF +0.77% vs mid-market Recipient gets Ft 2,547,700.00 Minutes - 24 hours
Receive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
€2.731 EUR = 364.1000 HUF
Ft 2,547,700.00You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €30.30 1 EUR = 365.3751 HUF +0.42% vs mid-market Recipient gets Ft 2,546,554.96 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
€30.301 EUR = 365.3751 HUF
Ft 2,546,554.96You pay€7,000.00

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 €0.00 1 EUR = 361.7655 HUF +1.40% vs mid-market Recipient gets Ft 2,532,358.67 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 EUR = 361.7655 HUF
Ft 2,532,358.67You pay€7,000.00

Wise

Pay via Debit card
Fee €100.22 1 EUR = 366.9250 HUF -0.01% vs mid-market Recipient gets Ft 2,531,702.00 Within minutes
Multi-currency cardReceive 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
€100.221 EUR = 366.9250 HUF
Ft 2,531,702.00You pay€7,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 361.5181 HUF +1.48% vs mid-market Recipient gets Ft 2,530,626.70 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
Free1 EUR = 361.5181 HUF
Ft 2,530,626.70You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 361.5181 HUF +1.48% vs mid-market Recipient gets Ft 2,530,626.70 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 EUR = 361.5181 HUF
Ft 2,530,626.70You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 361.5181 HUF +1.48% vs mid-market Recipient gets Ft 2,530,626.70 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
Free1 EUR = 361.5181 HUF
Ft 2,530,626.70You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €79.00 1 EUR = 365.3751 HUF +0.42% vs mid-market Recipient gets Ft 2,528,761.20 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
€79.001 EUR = 365.3751 HUF
Ft 2,528,761.20You pay€7,000.00

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.

Deutsche Bank

Pay via Bank transfer
Fee €37.05 1 EUR = 361.4985 HUF +1.48% vs mid-market Recipient gets Ft 2,517,095.81 Minutes - 5 days
0 reviews

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
€37.051 EUR = 361.4985 HUF
Ft 2,517,095.81You pay€7,000.00

Wise

Pay via Credit card
Fee €142.13 1 EUR = 366.9250 HUF -0.01% vs mid-market Recipient gets Ft 2,516,324.00 Within minutes
Multi-currency cardReceive 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
€142.131 EUR = 366.9250 HUF
Ft 2,516,324.00You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €9.99 1 EUR = 355.2747 HUF +3.22% vs mid-market Recipient gets Ft 2,486,922.90 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 355.2747 HUF
Ft 2,486,922.90You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 354.3953 HUF
Ft 2,480,767.10You pay€7,009.99
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€9.991 EUR = 343.4496 HUF
Ft 2,404,147.20You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €9.99 1 EUR = 355.2747 HUF +3.22% vs mid-market Recipient gets Ft 2,486,922.90 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 355.2747 HUF
Ft 2,486,922.90You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 354.3953 HUF
Ft 2,480,767.10You pay€7,009.99
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€9.991 EUR = 343.4496 HUF
Ft 2,404,147.20You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €9.99 1 EUR = 355.2747 HUF +3.22% vs mid-market Recipient gets Ft 2,486,922.90 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 355.2747 HUF
Ft 2,486,922.90You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 354.3953 HUF
Ft 2,480,767.10You pay€7,009.99
How Our Results Work
Mid-market rate: 1 EUR = 366.9022 HUF Updates every 60 minutes.

How to send money from Germany to Hungary

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 10 of the 29 days it quoted €7,000 transfers to Hungary.

On a 7,000 EUR transfer, Key Currency delivers the most HUF.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/HUF rate.

Fund your transfer

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

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Compare amounts

How much EUR are you sending to Hungary?

How much EUR 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 44% of the transfers from €7,000 it quoted, and in 44% of all the transfers it quoted.

Cheapest service
€1,000-3.47%€1.00Ft 379,620.00with bank transfer to bank deposit+Ft 18,575.39
€5,000-3.48%€1.00Ft 1,899,620.00with bank transfer to bank deposit+Ft 73,207.92
€7,000This page-3.51%€1.00Ft 2,659,620.00with bank transfer to bank deposit+Ft 121,016.30
€50,000-3.53%€1.00Ft 18,999,620.00with bank transfer to bank deposit+Ft 837,594.70

Mid-market rate: 1 EUR = 366.9022 HUF

EUR/HUF Exchange Rate History

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

The cheapest way to send EUR 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 7,000 EUR transfers to Hungary.

HUF received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rateFt 2,568,315.08 Opal Transfer Ft 2,659,620.00 Deutsche Bank Ft 2,517,095.81Opal TransferFt 2,659,620.00Key CurrencyFt 2,561,894.29Regency FXFt 2,561,380.63Extra cost of a bankFt 142,524.19

2,45M
2,50M
2,55M
2,60M
2,65M
2,70M
At the mid-market rateWith the cheapest optionWith a bankOpal TransferKey CurrencyRegency FX
Exchange rateFeeRecipient getsDifference
Mid-market rate 367.9066 – Ft 2,575,345.87
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 84,274.13
Key Currency 366.9868 €0.00 Ft 2,568,907.51 −Ft 6,438.36
Regency FX 366.9132 €0.00 Ft 2,568,392.44 −Ft 6,953.43
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.1199 – Ft 2,562,839.08
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 96,780.92
Key Currency 365.2046 €0.00 Ft 2,556,431.99 −Ft 6,407.09
Regency FX 365.1313 €0.00 Ft 2,555,919.42 −Ft 6,919.66
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.6992 – Ft 2,566,894.54
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 92,725.46
Key Currency 365.7825 €0.00 Ft 2,560,477.30 −Ft 6,417.24
Regency FX 365.7091 €0.00 Ft 2,559,963.92 −Ft 6,930.62
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 368.4695 – Ft 2,579,286.77
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 80,333.23
Key Currency 367.5484 €0.00 Ft 2,572,838.55 −Ft 6,448.22
Regency FX 367.4747 €0.00 Ft 2,572,322.69 −Ft 6,964.08
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 368.6767 – Ft 2,580,737.07
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 78,882.93
Key Currency 367.7550 €0.00 Ft 2,574,285.23 −Ft 6,451.84
Regency FX 367.6813 €0.00 Ft 2,573,769.08 −Ft 6,967.99
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 368.6767 – Ft 2,580,737.07
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 78,882.93
Key Currency 367.7550 €0.00 Ft 2,574,285.23 −Ft 6,451.84
Regency FX 367.6813 €0.00 Ft 2,573,769.08 −Ft 6,967.99
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 368.6755 – Ft 2,580,728.35
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 78,891.65
Key Currency 367.7538 €0.00 Ft 2,574,276.53 −Ft 6,451.82
Regency FX 367.6801 €0.00 Ft 2,573,760.39 −Ft 6,967.96
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 367.0923 – Ft 2,569,646.39
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 89,973.61
Key Currency 366.1746 €0.00 Ft 2,563,222.27 −Ft 6,424.12
Regency FX 366.1012 €0.00 Ft 2,562,708.34 −Ft 6,938.05
Deutsche Bank 361.9769 €37.05 Ft 2,520,427.16 −Ft 49,219.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.4459 – Ft 2,565,121.24
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 94,498.76
Key Currency 365.5298 €0.00 Ft 2,558,708.43 −Ft 6,412.81
Regency FX 365.4565 €0.00 Ft 2,558,195.41 −Ft 6,925.83
Deutsche Bank 361.9769 €37.05 Ft 2,520,427.16 −Ft 44,694.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.6351 – Ft 2,566,445.43
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 93,174.57
Key Currency 365.7185 €0.00 Ft 2,560,029.31 −Ft 6,416.12
Regency FX 365.6451 €0.00 Ft 2,559,516.02 −Ft 6,929.41
Deutsche Bank 361.0168 €37.05 Ft 2,513,741.60 −Ft 52,703.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 364.8183 – Ft 2,553,728.23
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 105,891.77
Key Currency 363.9063 €0.00 Ft 2,547,343.91 −Ft 6,384.32
Regency FX 363.8333 €0.00 Ft 2,546,833.16 −Ft 6,895.07
Deutsche Bank 361.0168 €37.05 Ft 2,513,741.60 −Ft 39,986.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 364.9960 – Ft 2,554,971.69
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 104,648.31
Key Currency 364.0835 €0.00 Ft 2,548,584.26 −Ft 6,387.43
Regency FX 364.0105 €0.00 Ft 2,548,073.26 −Ft 6,898.43
Deutsche Bank 360.0000 €37.05 Ft 2,506,662.00 −Ft 48,309.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 364.9960 – Ft 2,554,971.69
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 104,648.31
Key Currency 364.0835 €0.00 Ft 2,548,584.26 −Ft 6,387.43
Regency FX 364.0105 €0.00 Ft 2,548,073.26 −Ft 6,898.43
Deutsche Bank 360.0000 €37.05 Ft 2,506,662.00 −Ft 48,309.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 365.0095 – Ft 2,555,066.15
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 104,553.85
Key Currency 364.0969 €0.00 Ft 2,548,678.48 −Ft 6,387.67
Regency FX 364.0239 €0.00 Ft 2,548,167.47 −Ft 6,898.68
Deutsche Bank 360.1923 €37.05 Ft 2,508,001.23 −Ft 47,064.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 364.5808 – Ft 2,552,065.73
Key Currency Cheapest 363.6694 €0.00 Ft 2,545,685.57 −Ft 6,380.16
Regency FX 363.5965 €0.00 Ft 2,545,175.16 −Ft 6,890.57
Deutsche Bank 359.8531 €37.05 Ft 2,505,639.37 −Ft 46,426.36
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 363.7400 €45.37 Ft 2,529,677.00 –
Deutsche Bank 358.8901 €37.05 Ft 2,498,934.06 –
Opal Transfer No quote collected this day – – – –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 364.6669 – Ft 2,552,668.33
Key Currency Cheapest 363.7552 €0.00 Ft 2,546,286.66 −Ft 6,381.67
Regency FX 363.6823 €0.00 Ft 2,545,776.12 −Ft 6,892.21
Deutsche Bank 358.8901 €37.05 Ft 2,498,934.06 −Ft 53,734.27
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 363.5828 – Ft 2,545,079.70
Key Currency Cheapest 362.6739 €0.00 Ft 2,538,717.00 −Ft 6,362.70
Regency FX 362.6011 €0.00 Ft 2,538,207.98 −Ft 6,871.72
Deutsche Bank 358.9287 €37.05 Ft 2,499,202.59 −Ft 45,877.11
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 363.3092 – Ft 2,543,164.72
Key Currency Cheapest 362.4010 €0.00 Ft 2,536,806.80 −Ft 6,357.92
Regency FX 362.3283 €0.00 Ft 2,536,298.17 −Ft 6,866.54
Deutsche Bank 358.9287 €37.05 Ft 2,499,202.59 −Ft 43,962.13
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 363.3092 – Ft 2,543,164.72
Key Currency Cheapest 362.4010 €0.00 Ft 2,536,806.80 −Ft 6,357.92
Regency FX 362.3283 €0.00 Ft 2,536,298.17 −Ft 6,866.54
Deutsche Bank 357.3700 €37.05 Ft 2,488,349.44 −Ft 54,815.27
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 362.4168 – Ft 2,536,917.33
Key Currency Cheapest 361.5107 €0.00 Ft 2,530,575.03 −Ft 6,342.30
Regency FX 361.4382 €0.00 Ft 2,530,067.65 −Ft 6,849.68
Deutsche Bank 357.3010 €37.05 Ft 2,487,868.85 −Ft 49,048.48
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 362.5205 – Ft 2,537,643.59
Key Currency Cheapest 361.6142 €0.00 Ft 2,531,299.48 −Ft 6,344.11
Regency FX 361.5417 €0.00 Ft 2,530,791.95 −Ft 6,851.64
Deutsche Bank 357.3010 €37.05 Ft 2,487,868.85 −Ft 49,774.74
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 364.5993 – Ft 2,552,195.06
Key Currency Cheapest 363.6878 €0.00 Ft 2,545,814.57 −Ft 6,380.49
Regency FX 363.6149 €0.00 Ft 2,545,304.13 −Ft 6,890.93
Deutsche Bank 358.8798 €37.05 Ft 2,498,862.38 −Ft 53,332.68
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 365.9870 – Ft 2,561,908.77
Key Currency Cheapest 365.0720 €0.00 Ft 2,555,504.00 −Ft 6,404.77
Regency FX 364.9988 €0.00 Ft 2,554,991.62 −Ft 6,917.15
Deutsche Bank 360.4799 €37.05 Ft 2,510,003.79 −Ft 51,904.98
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.2321 – Ft 2,563,624.41
Key Currency Cheapest 365.3165 €0.00 Ft 2,557,215.35 −Ft 6,409.06
Regency FX 365.2432 €0.00 Ft 2,556,702.63 −Ft 6,921.78
Deutsche Bank 360.4799 €37.05 Ft 2,510,003.79 −Ft 53,620.62
Opal Transfer No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.7315 – Ft 2,567,120.70
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 92,499.30
Key Currency 365.8147 €0.00 Ft 2,560,702.90 −Ft 6,417.80
Regency FX 365.7414 €0.00 Ft 2,560,189.48 −Ft 6,931.22
Deutsche Bank 361.2700 €37.05 Ft 2,515,504.95 −Ft 51,615.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.7315 – Ft 2,567,120.70
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 92,499.30
Key Currency 365.8147 €0.00 Ft 2,560,702.90 −Ft 6,417.80
Regency FX 365.7414 €0.00 Ft 2,560,189.48 −Ft 6,931.22
Deutsche Bank 361.2700 €37.05 Ft 2,515,504.95 −Ft 51,615.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.7125 – Ft 2,566,987.19
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 92,632.81
Key Currency 365.7957 €0.00 Ft 2,560,569.72 −Ft 6,417.46
Regency FX 365.7223 €0.00 Ft 2,560,056.32 −Ft 6,930.87
Deutsche Bank 361.2207 €37.05 Ft 2,515,162.01 −Ft 51,825.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 367.4525 – Ft 2,572,167.59
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 87,452.41
Key Currency 366.5339 €0.00 Ft 2,565,737.17 −Ft 6,430.42
Regency FX 366.4604 €0.00 Ft 2,565,222.74 −Ft 6,944.85
Deutsche Bank 362.3419 €37.05 Ft 2,522,968.28 −Ft 49,199.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 366.9022 – Ft 2,568,315.08
Opal Transfer Cheapest 380.0000 €1.00 Ft 2,659,620.00 +Ft 91,304.92
Key Currency 365.9849 €0.00 Ft 2,561,894.29 −Ft 6,420.79
Regency FX 365.9115 €0.00 Ft 2,561,380.63 −Ft 6,934.45
Deutsche Bank 361.4985 €37.05 Ft 2,517,095.81 −Ft 51,219.27

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 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 EUR 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 19 of the last 30 days.

Right now, Key Currency pays 2,561,894.29 HUF on 7,000 EUR, which is 6,420.79 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 77 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

  1. Opal TransferAppeared in 33 comparisons

    Cheapest every time

  2. Key CurrencyAppeared in 39 comparisons

    Cheapest in 44% of them

  3. Regency FXAppeared in 39 comparisons

    Never the cheapest

  4. Deutsche BankAppeared in 67 comparisons

    Never the cheapest

Based on 77 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, but it was the cheapest in only 44% of the 39 comparisons it appeared in over the past month.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Hungary.

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

Ways to send money from Germany to Hungary

There are 11 companies for sending money from Germany to Hungary, across broker, online, app, global account, multi-currency account, in person, and bank, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7,000 with Wise to Hungary gets you 2,551,828 HUF with a €45.37 fee and -0.01% markup.

In our comparisons over the past month, it was the cheapest online service on 10 of the 27 days it quoted.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

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

In general, online transfers are cheaper than sending cash to Hungary.

For Euro transfers only

Banks

Inside the eurozone, banks use a SEPA transfer which is cheap or free and there's little reason to look further.

Outside the eurozone, banks like Deutsche Bank are much more expensive.

On a €7,000 transfer, Deutsche Bank delivers 2,517,095.81 HUF vs 2,561,894.29 HUF with Key Currency.

We found Deutsche Bank was the cheapest bank on 23 of the 23 days it appeared for this amount.

For large transfers from Germany

Currency brokers

For buying property, moving to Hungary, or moving pensions, a currency broker is the best option.

A broker like Key Currency charges no fee and works on a margin. It adds 0.25% on EUR/HUF which gets negotiated the more you send.

And you get an account manager to help you through the process.

Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from €7,000 it quoted.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Hungary.

Be it overseas suppliers and contractors, receiving HUF payments, or holding HUF and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and HUF in one account.

You get HUF bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert HUF to EUR or EUR to HUF whenever you need.

The best multi-currency account is Wise, it adds ~-0.01% markup and charges small fees.

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

Ways to fund EUR and receive HUF in Hungary

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 2,561,894.29 HUF.

Our data shows that Key Currency gets your recipient 44,798.48 HUF more than Deutsche Bank, today's cheapest bank, on the same €7,000.

You can pay for the transfer using bank transfer, debit card, credit card, and iDEAL.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Hungary.

The recipient in Hungary can receive HUF by bank deposit, cash pickup, and card deposit.

To receive HUF by bank deposit

Enter the recipient's banking details and account holder's name.

Check both before sending because correcting a bank deposit will delay the transfer.

They can receive cash in Hungary

For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    Ft2,561,894

    Cheapest

  2. 2
    iDEAL Bank deposit

    You pay €7,000.00

    Ft2,548,122

    -Ft13,772

  3. 3
    Debit card Bank deposit

    You pay €7,000.00

    Ft2,531,702

    -Ft30,192

  4. 4
    Credit card Bank deposit

    You pay €7,000.00

    Ft2,530,627

    -Ft31,268

  5. 5
    Bank transfer Cash pickup

    You pay €7,009.99

    Ft2,480,767

    -Ft81,127

Show moreShow less
  1. 6
    Debit card Cash pickup

    You pay €7,009.99

    Ft2,480,767

    -Ft81,127

  2. 7
    Credit card Cash pickup

    You pay €7,009.99

    Ft2,480,767

    -Ft81,127

  3. 8
    Debit card Card deposit

    You pay €7,009.99

    Ft2,404,147

    -Ft157,747

  4. 9
    Credit card Card deposit

    You pay €7,009.99

    Ft2,404,147

    -Ft157,747

Things to know before sending money from Germany to Hungary

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/HUF transfer options

For a €7,000 transfer to Hungary, these are the best options:

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 2,561,894.29 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 2,546,554.96 HUF in within minutes.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into HUF sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 11 of them on EUR to Hungary, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 77 comparisons across 4 amounts.

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

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.