Key Currency is the best and cheapest service overall. On €7,000 you will get 2,560,870.22 HUF after fees and the exchange rate.
We’ve compared 10 money transfer companies in more detail below.
| 11 of 11 providers Last updated on 28 September 2026 | |||
| Based on 7,000 EUR transfer Best companies for EUR/HUF transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee €45.37 1 EUR = 366.7000 HUF +0.02% vs mid-market | Recipient gets Ft 2,550,263.00 Within minutes | |
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 = 366.7000 HUF Ft 2,550,263.00You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 361.3440 HUF +1.49% vs mid-market | Recipient gets Ft 2,529,408.00 Minutes - 24 hours | |
Ways to receive money in Hungary with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 361.3440 HUF Ft 2,529,408.00You 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. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to HUF rates. | |||
Run a live search These companies offer multi-currency accounts for spending HUF. We suggest doing a live search based on how much EUR you're planning to spend in Hungary. | |||
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal. | |||
 Opal Transfer Pay via Bank transfer | Fee €1.00 1 EUR = 380.0000 HUF -3.55% vs mid-market | Recipient gets Ft 2,659,620.00 Minutes - 24 hours | |
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 = 365.8386 HUF +0.25% vs mid-market | Recipient gets Ft 2,560,870.22 Minutes - 3 days | |
Ways to receive money in Hungary with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 EUR = 365.8386 HUF Ft 2,560,870.22You pay€7,000.00 | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee €0.00 1 EUR = 365.7653 HUF +0.27% vs mid-market | Recipient gets Ft 2,560,356.76 Minutes - 24 hours | |
Ways to receive money in Hungary with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 365.7653 HUF Ft 2,560,356.76You pay€7,000.00 | |||
 TorFx Pay via Bank transfer | Fee €0.00 1 EUR = 365.6552 HUF +0.30% vs mid-market | Recipient gets Ft 2,559,586.57 Minutes - 24 hours | |
Ways to receive money in Hungary with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 365.6552 HUF Ft 2,559,586.57You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 364.9217 HUF +0.50% vs mid-market | Recipient gets Ft 2,554,451.99 Minutes - 24 hours | |
Ways to receive money in Hungary with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 364.9217 HUF Ft 2,554,451.99You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €45.37 1 EUR = 366.7000 HUF +0.02% vs mid-market | Recipient gets Ft 2,550,263.00 Within minutes | |
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 = 366.7000 HUF Ft 2,550,263.00You pay€7,000.00 | |||
| Wise Pay via iDEAL/WERO | Fee €55.47 1 EUR = 366.7000 HUF +0.02% vs mid-market | Recipient gets Ft 2,546,559.00 Within minutes | |
Ways to receive money in Hungary with Wise when paying by ideal/wero. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €55.471 EUR = 366.7000 HUF Ft 2,546,559.00You pay€7,000.00 | |||
 CurrencyFair Pay via Bank transfer | Fee €2.73 1 EUR = 363.8000 HUF +0.81% vs mid-market | Recipient gets Ft 2,545,600.00 Minutes - 24 hours | |
Ways to receive money in Hungary with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours €2.731 EUR = 363.8000 HUF Ft 2,545,600.00You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €44.00 1 EUR = 365.5032 HUF +0.34% vs mid-market | Recipient gets Ft 2,542,440.50 Within minutes | |
Ways to receive money in Hungary with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €44.001 EUR = 365.5032 HUF Ft 2,542,440.50You 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 = 361.6209 HUF +1.40% vs mid-market | Recipient gets Ft 2,531,346.40 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 = 361.6209 HUF Ft 2,531,346.40You pay€7,000.00 | |||
| Wise Pay via Debit card | Fee €100.22 1 EUR = 366.7000 HUF +0.02% vs mid-market | Recipient gets Ft 2,530,149.00 Within minutes | |
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 = 366.7000 HUF Ft 2,530,149.00You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee €79.00 1 EUR = 365.5032 HUF +0.34% vs mid-market | Recipient gets Ft 2,529,647.88 Within minutes | |
Ways to receive money in Hungary with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes €79.001 EUR = 365.5032 HUF Ft 2,529,647.88You 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. | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 361.3440 HUF +1.49% vs mid-market | Recipient gets Ft 2,529,408.00 Minutes - 24 hours | |
Ways to receive money in Hungary with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 361.3440 HUF Ft 2,529,408.00You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 361.3440 HUF +1.49% vs mid-market | Recipient gets Ft 2,529,408.00 Minutes - 24 hours | |
Ways to receive money in Hungary with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 361.3440 HUF Ft 2,529,408.00You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 361.3440 HUF +1.49% vs mid-market | Recipient gets Ft 2,529,408.00 Minutes - 24 hours | |
Ways to receive money in Hungary with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 361.3440 HUF Ft 2,529,408.00You pay€7,000.00 | |||
| Wise Pay via Credit card | Fee €142.13 1 EUR = 366.7000 HUF +0.02% vs mid-market | Recipient gets Ft 2,514,781.00 Within minutes | |
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 = 366.7000 HUF Ft 2,514,781.00You pay€7,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Debit card | Fee €9.99 1 EUR = 354.2478 HUF +3.47% vs mid-market | Recipient gets Ft 2,479,734.60 Minutes - 24 hours | |
Ways to receive money in Hungary with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €9.991 EUR = 354.2478 HUF Ft 2,479,734.60You pay€7,009.99 Bank depositMinutes - 24 hoursAvailable via:All Banks €9.991 EUR = 354.2457 HUF Ft 2,479,719.90You pay€7,009.99 Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €9.991 EUR = 341.3373 HUF Ft 2,389,361.10You pay€7,009.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee €9.99 1 EUR = 354.2478 HUF +3.47% vs mid-market | Recipient gets Ft 2,479,734.60 Minutes - 24 hours | |
Ways to receive money in Hungary with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €9.991 EUR = 354.2478 HUF Ft 2,479,734.60You pay€7,009.99 Bank depositMinutes - 24 hoursAvailable via:All Banks €9.991 EUR = 354.2457 HUF Ft 2,479,719.90You pay€7,009.99 Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €9.991 EUR = 341.3373 HUF Ft 2,389,361.10You pay€7,009.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Bank transfer | Fee €9.99 1 EUR = 354.2478 HUF +3.47% vs mid-market | Recipient gets Ft 2,479,734.60 Minutes - 24 hours | |
Ways to receive money in Hungary with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €9.991 EUR = 354.2478 HUF Ft 2,479,734.60You pay€7,009.99 Bank depositMinutes - 24 hoursAvailable via:All Banks €9.991 EUR = 354.2457 HUF Ft 2,479,719.90You pay€7,009.99 | |||
| How Our Results Work Mid-market rate: 1 EUR = 366.7555 HUF Updates every 60 minutes. | |||
Transfer details
For a one-off transfer from Germany, I suggest picking the cheapest option which is Key Currency.
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.
You have 4 ways to pay, including bank transfer, debit card, credit card, and ideal.
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.
There are 10 companies for sending money from Germany to Hungary, across broker, online, app, global account, multi-currency account, and in person, and more below.
Fastest and easiest way
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 2,550,263 HUF with a €45.37 fee and 0.02% markup.
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
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.
In general, online transfers are cheaper than sending cash to Hungary.
For large transfers from Germany
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.
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 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
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 ~0.02% markup and charges small fees.
With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 2,560,870.22 HUF.
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 holders 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.
You pay €7,000.00
Ft2,560,870
Cheapest
You pay €7,000.00
Ft2,546,559
-Ft14,311
You pay €7,000.00
Ft2,530,149
-Ft30,721
You pay €7,000.00
Ft2,529,408
-Ft31,462
You pay €7,009.99
Ft2,479,735
-Ft81,136
You pay €7,009.99
Ft2,479,735
-Ft81,136
You pay €7,009.99
Ft2,479,735
-Ft81,136
You pay €7,009.99
Ft2,389,361
-Ft171,509
You pay €7,009.99
Ft2,389,361
-Ft171,509
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.
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 2,560,870.22 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 2,542,440.5 HUF in innerhalb von minuten.
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.
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.
The EUR/HUF rate can move noticeably within a week, changing the amount your recipient gets in HUF.
Mid-market rate:1 EUR = 367.723863 HUF
Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.
We then track 10 of them on EUR to Hungary, comparing rates, fees and the pay-in and payout options.
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.
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