How to send money to Hungary from Japan with the best JPY-HUF rate

Of the 8 companies servicing JPY/HUF, Key Currency is the cheapest, and Revolut is the fastest.

Sending ¥1,000,000 to Hungary with Key Currency will get your recipient 2,084,934.6 HUF.

Best companies for JPY/HUF transfers

8 of 8 providers

Last updated on 28 October 2026

Based on 1,000,000 JPY transfer

Best companies for JPY/HUF transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee ¥9,089.00 1 JPY = 2.0911 HUF -0.04% vs mid-market Recipient gets Ft 2,072,054.00 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
¥9,089.001 JPY = 2.0911 HUF
Ft 2,072,054.00You pay¥1,000,000.00
Promoted

Xe

Pay via Bank transfer
Fee ¥0.00 1 JPY = 2.0598 HUF +1.46% vs mid-market Recipient gets Ft 2,059,830.00 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 JPY = 2.0598 HUF
Ft 2,059,830.00You pay¥1,000,000.00

Run a live search

Showing top Japan to Hungary deals for 1,000,000 JPY. 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 ¥0.00 1 JPY = 2.0849 HUF +0.25% vs mid-market Recipient gets Ft 2,084,934.60 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 JPY = 2.0849 HUF
Ft 2,084,934.60You pay¥1,000,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee ¥0.00 1 JPY = 2.0845 HUF +0.27% vs mid-market Recipient gets Ft 2,084,516.57 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 JPY = 2.0845 HUF
Ft 2,084,516.57You pay¥1,000,000.00

TorFx

Pay via Bank transfer
Fee ¥0.00 1 JPY = 2.0839 HUF +0.30% vs mid-market Recipient gets Ft 2,083,889.52 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 JPY = 2.0839 HUF
Ft 2,083,889.52You pay¥1,000,000.00

OFX

Pay via Bank transfer
Fee ¥0.00 1 JPY = 2.0797 HUF +0.50% vs mid-market Recipient gets Ft 2,079,709.20 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 JPY = 2.0797 HUF
Ft 2,079,709.20You pay¥1,000,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee ¥3,500.00 1 JPY = 2.0830 HUF +0.34% vs mid-market Recipient gets Ft 2,075,721.67 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
¥3,500.001 JPY = 2.0830 HUF
Ft 2,075,721.67You pay¥1,000,000.00

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.

Wise

Pay via Bank transfer
Fee ¥9,089.00 1 JPY = 2.0911 HUF -0.04% vs mid-market Recipient gets Ft 2,072,054.00 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
¥9,089.001 JPY = 2.0911 HUF
Ft 2,072,054.00You pay¥1,000,000.00

Moneycorp

Pay via Bank transfer
Fee ¥0.00 1 JPY = 2.0609 HUF +1.40% vs mid-market Recipient gets Ft 2,060,897.76 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 JPY = 2.0609 HUF
Ft 2,060,897.76You pay¥1,000,000.00

Xe

Pay via Bank transfer
Fee ¥0.00 1 JPY = 2.0598 HUF +1.46% vs mid-market Recipient gets Ft 2,059,830.00 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 JPY = 2.0598 HUF
Ft 2,059,830.00You pay¥1,000,000.00
How Our Results Work
Mid-market rate: 1 JPY = 2.0902 HUF Updates every 60 minutes.

How to send money from Japan to Hungary

Pick a company

We suggest starting with Key Currency since it's the cheapest option for sending ¥1,000,000.

Key Currency was the cheapest on 28 of the 28 days it quoted ¥1,000,000 transfers to Hungary.

The best and cheapest options will change depending on the amount, so it's a good idea to to get the best JPY/HUF rate today.

Fund your transfer

You can fund your transfer from Japan via bank transfer.

A furikomi from your bank reaches the money transfer company account the same day.

You can also pay cash at a konbini terminal or an ATM for cash transfer.

Verify and send

When opening a new money transfer account, you'll need your residence card to register (tourists can't send money from Japan).

If you support family back home, ask about registering them as dependents, it may cut your income and resident tax (not tax advice).

Compare amounts

How much JPY are you sending to Hungary?

How much JPY 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 100% of the transfers from ¥300,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
¥100,000-0.11%¥0.00Ft 209,270.00with debit card to bank deposit+Ft 3,434.57
¥300,0000.65%¥0.00Ft 623,158.47with bank transfer to bank deposit+Ft 3,514.29
¥1,000,000This page0.25%¥0.00Ft 2,084,934.60with bank transfer to bank deposit+Ft 9,740.44

Mid-market rate: 1 JPY = 2.0902 HUF

JPY/HUF Exchange Rate History

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

The cheapest way to send JPY 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 1,000,000 JPY transfers to Hungary.

HUF received for ¥1,000,000, after fees

Wed, Oct 28, 2026Mid-market rateFt 2,090,160.00 Key Currency Ft 2,084,934.60Key CurrencyFt 2,084,934.60Regency FXFt 2,084,516.57TorFxFt 2,083,889.52

2.02M
2.04M
2.06M
2.08M
2.10M
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0562 – Ft 2,056,236.00
Key Currency Cheapest 2.0511 ¥0.00 Ft 2,051,095.41 −Ft 5,140.59
Regency FX 2.0507 ¥0.00 Ft 2,050,684.16 −Ft 5,551.84
TorFx 2.0501 ¥0.00 Ft 2,050,067.29 −Ft 6,168.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0569 – Ft 2,056,875.00
Key Currency Cheapest 2.0517 ¥0.00 Ft 2,051,732.81 −Ft 5,142.19
Regency FX 2.0513 ¥0.00 Ft 2,051,321.44 −Ft 5,553.56
TorFx 2.0507 ¥0.00 Ft 2,050,704.37 −Ft 6,170.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0511 – Ft 2,051,055.00
Key Currency Cheapest 2.0459 ¥0.00 Ft 2,045,927.36 −Ft 5,127.64
Regency FX 2.0455 ¥0.00 Ft 2,045,517.15 −Ft 5,537.85
TorFx 2.0449 ¥0.00 Ft 2,044,901.83 −Ft 6,153.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0731 – Ft 2,073,108.00
Key Currency Cheapest 2.0679 ¥0.00 Ft 2,067,925.23 −Ft 5,182.77
Regency FX 2.0675 ¥0.00 Ft 2,067,510.61 −Ft 5,597.39
TorFx 2.0669 ¥0.00 Ft 2,066,888.68 −Ft 6,219.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0747 – Ft 2,074,705.00
Key Currency Cheapest 2.0695 ¥0.00 Ft 2,069,518.24 −Ft 5,186.76
Regency FX 2.0691 ¥0.00 Ft 2,069,103.30 −Ft 5,601.70
TorFx 2.0685 ¥0.00 Ft 2,068,480.88 −Ft 6,224.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0745 – Ft 2,074,503.00
Key Currency Cheapest 2.0693 ¥0.00 Ft 2,069,316.74 −Ft 5,186.26
Regency FX 2.0689 ¥0.00 Ft 2,068,901.84 −Ft 5,601.16
TorFx 2.0683 ¥0.00 Ft 2,068,279.49 −Ft 6,223.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0897 – Ft 2,089,670.00
Key Currency Cheapest 2.0844 ¥0.00 Ft 2,084,445.82 −Ft 5,224.18
Regency FX 2.0840 ¥0.00 Ft 2,084,027.89 −Ft 5,642.11
TorFx 2.0834 ¥0.00 Ft 2,083,400.99 −Ft 6,269.01
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0719 – Ft 2,071,863.00
Key Currency Cheapest 2.0667 ¥0.00 Ft 2,066,683.34 −Ft 5,179.66
Regency FX 2.0663 ¥0.00 Ft 2,066,268.97 −Ft 5,594.03
TorFx 2.0656 ¥0.00 Ft 2,065,647.41 −Ft 6,215.59
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0615 – Ft 2,061,534.00
Key Currency Cheapest 2.0564 ¥0.00 Ft 2,056,380.16 −Ft 5,153.84
Regency FX 2.0560 ¥0.00 Ft 2,055,967.86 −Ft 5,566.14
TorFx 2.0553 ¥0.00 Ft 2,055,349.40 −Ft 6,184.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0684 – Ft 2,068,378.00
Key Currency Cheapest 2.0632 ¥0.00 Ft 2,063,207.05 −Ft 5,170.95
Regency FX 2.0628 ¥0.00 Ft 2,062,793.38 −Ft 5,584.62
TorFx 2.0622 ¥0.00 Ft 2,062,172.87 −Ft 6,205.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0546 – Ft 2,054,576.00
Key Currency Cheapest 2.0494 ¥0.00 Ft 2,049,439.56 −Ft 5,136.44
Regency FX 2.0490 ¥0.00 Ft 2,049,028.64 −Ft 5,547.36
TorFx 2.0484 ¥0.00 Ft 2,048,412.27 −Ft 6,163.73
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0581 – Ft 2,058,062.00
Key Currency Cheapest 2.0529 ¥0.00 Ft 2,052,916.84 −Ft 5,145.16
Regency FX 2.0525 ¥0.00 Ft 2,052,505.23 −Ft 5,556.77
TorFx 2.0519 ¥0.00 Ft 2,051,887.81 −Ft 6,174.19
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0581 – Ft 2,058,062.00
Key Currency Cheapest 2.0529 ¥0.00 Ft 2,052,916.84 −Ft 5,145.16
Regency FX 2.0525 ¥0.00 Ft 2,052,505.23 −Ft 5,556.77
TorFx 2.0519 ¥0.00 Ft 2,051,887.81 −Ft 6,174.19
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0567 – Ft 2,056,696.00
Key Currency Cheapest 2.0516 ¥0.00 Ft 2,051,554.26 −Ft 5,141.74
Regency FX 2.0511 ¥0.00 Ft 2,051,142.92 −Ft 5,553.08
TorFx 2.0505 ¥0.00 Ft 2,050,525.91 −Ft 6,170.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0611 – Ft 2,061,146.00
Key Currency Cheapest 2.0560 ¥0.00 Ft 2,055,993.14 −Ft 5,152.86
Regency FX 2.0556 ¥0.00 Ft 2,055,580.91 −Ft 5,565.09
TorFx 2.0550 ¥0.00 Ft 2,054,962.56 −Ft 6,183.44
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0517 – Ft 2,051,733.00
Key Currency Cheapest 2.0466 ¥0.00 Ft 2,046,603.67 −Ft 5,129.33
Regency FX 2.0462 ¥0.00 Ft 2,046,193.32 −Ft 5,539.68
TorFx 2.0456 ¥0.00 Ft 2,045,577.80 −Ft 6,155.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0602 – Ft 2,060,212.00
Key Currency Cheapest 2.0551 ¥0.00 Ft 2,055,061.47 −Ft 5,150.53
Regency FX 2.0546 ¥0.00 Ft 2,054,649.43 −Ft 5,562.57
TorFx 2.0540 ¥0.00 Ft 2,054,031.36 −Ft 6,180.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0487 – Ft 2,048,743.00
Key Currency Cheapest 2.0436 ¥0.00 Ft 2,043,621.14 −Ft 5,121.86
Regency FX 2.0432 ¥0.00 Ft 2,043,211.39 −Ft 5,531.61
TorFx 2.0426 ¥0.00 Ft 2,042,596.77 −Ft 6,146.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0461 – Ft 2,046,074.00
Key Currency Cheapest 2.0410 ¥0.00 Ft 2,040,958.81 −Ft 5,115.19
Regency FX 2.0405 ¥0.00 Ft 2,040,549.60 −Ft 5,524.40
TorFx 2.0399 ¥0.00 Ft 2,039,935.78 −Ft 6,138.22
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 2.0460 ¥9,089.00 Ft 2,027,414.00 –
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 – – –
Revolut Cheapest 2.0370 ¥3,500.00 Ft 2,029,853.58 –
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 2.0409 – Ft 2,040,889.00
Key Currency Cheapest 2.0358 ¥0.00 Ft 2,035,786.78 −Ft 5,102.22
Regency FX 2.0354 ¥0.00 Ft 2,035,378.60 −Ft 5,510.40
TorFx 2.0348 ¥0.00 Ft 2,034,766.33 −Ft 6,122.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0546 – Ft 2,054,563.00
Key Currency Cheapest 2.0494 ¥0.00 Ft 2,049,426.59 −Ft 5,136.41
Regency FX 2.0490 ¥0.00 Ft 2,049,015.68 −Ft 5,547.32
TorFx 2.0484 ¥0.00 Ft 2,048,399.31 −Ft 6,163.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0725 – Ft 2,072,548.00
Key Currency Cheapest 2.0674 ¥0.00 Ft 2,067,366.63 −Ft 5,181.37
Regency FX 2.0670 ¥0.00 Ft 2,066,952.12 −Ft 5,595.88
TorFx 2.0663 ¥0.00 Ft 2,066,330.36 −Ft 6,217.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0801 – Ft 2,080,060.00
Key Currency Cheapest 2.0749 ¥0.00 Ft 2,074,859.85 −Ft 5,200.15
Regency FX 2.0744 ¥0.00 Ft 2,074,443.84 −Ft 5,616.16
TorFx 2.0738 ¥0.00 Ft 2,073,819.82 −Ft 6,240.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0870 – Ft 2,087,018.00
Key Currency Cheapest 2.0818 ¥0.00 Ft 2,081,800.46 −Ft 5,217.54
Regency FX 2.0814 ¥0.00 Ft 2,081,383.05 −Ft 5,634.95
TorFx 2.0808 ¥0.00 Ft 2,080,756.95 −Ft 6,261.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0870 – Ft 2,087,018.00
Key Currency Cheapest 2.0818 ¥0.00 Ft 2,081,800.46 −Ft 5,217.54
Regency FX 2.0814 ¥0.00 Ft 2,081,383.05 −Ft 5,634.95
TorFx 2.0808 ¥0.00 Ft 2,080,756.95 −Ft 6,261.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0829 – Ft 2,082,875.00
Key Currency Cheapest 2.0777 ¥0.00 Ft 2,077,667.81 −Ft 5,207.19
Regency FX 2.0773 ¥0.00 Ft 2,077,251.24 −Ft 5,623.76
TorFx 2.0766 ¥0.00 Ft 2,076,626.38 −Ft 6,248.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0861 – Ft 2,086,074.00
Key Currency Cheapest 2.0809 ¥0.00 Ft 2,080,858.81 −Ft 5,215.19
Regency FX 2.0804 ¥0.00 Ft 2,080,441.60 −Ft 5,632.40
TorFx 2.0798 ¥0.00 Ft 2,079,815.78 −Ft 6,258.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0902 – Ft 2,090,160.00
Key Currency Cheapest 2.0849 ¥0.00 Ft 2,084,934.60 −Ft 5,225.40
Regency FX 2.0845 ¥0.00 Ft 2,084,516.57 −Ft 5,643.43
TorFx 2.0839 ¥0.00 Ft 2,083,889.52 −Ft 6,270.48

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send ¥1,000,000, after fees, as quoted by each company. The mid-market line shows what ¥1,000,000 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 JPY 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 Japan.

Right now, Key Currency pays 2,084,934.6 HUF on 1,000,000 JPY, which is 5,225.4 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 61 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

  1. Key CurrencyAppeared in 28 comparisons

    Cheapest every time

  2. Regency FXAppeared in 28 comparisons

    Never the cheapest

  3. TorFxAppeared in 28 comparisons

    Never the cheapest

Based on 61 comparisons across 3 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, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Japan to Hungary

8 companies send money from Japan to Hungary.

Everyday transfers

Online transfers

Online transfers to Hungary are usually faster and cheaper than a traditional Japanese bank wire.

Depending on the service, you can deposit money via bank transfer (Suica and other IC cards won’t work).

Revolut is the cheapest option.

It charges ¥3500 to send 1,000,000 JPY and your recipient gets 2,075,721.67 HUF (after a 0.34% markup). The HUF will arrive in within minutes.

In our comparisons over the past month, it was the cheapest online service on 21 of the 29 days it quoted.

You will normally need your residence card to open an account.

Regular overseas spending

Multi-currency accounts

A multi-currency account lets you convert part of your yen and keep HUF for future payments.

Revolut lets you hold JPY and HUF in one account and swap between them as you need.

Converting ¥1,000,000 gets you 2,075,721.67 HUF, after 0.34% markup and ¥3500 fee.

Over the past month, Revolut came out cheapest among multi-currency accounts on 72% of days.

This is convenient for receiving payments in JPY or HUF, or spending money when traveling to Hungary.

Paying contractors

Global accounts

Global accounts help Japanese businesses make repeat payments to contractors and suppliers in Hungary.

Wise Business and Payoneer offer great business accounts in Japan.

Ways to fund JPY and receive HUF in Hungary

With Key Currency, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending ¥1,000,000 gives your recipient 2,084,934.6 HUF.

You can fund the yen side by bank transfer.

Pay from a Japanese bank account

Transfer JPY using the account and reference provided by the money transfer company.

A domestic bank payment funds the transfer (usually very fast), but it does not determine how quickly HUF reaches the recipient.

For the payout, your recipient can use bank deposit in Hungary.

  1. 1
    Bank transfer Bank deposit

    You pay ¥1,000,000.00

    Ft2,084,935

    Cheapest

Consider this when sending JPY to Hungary

The weak yen makes the exchange-rate margin especially important. Foreign residents should also expect identity and purpose checks before the first overseas transfer.

Compare JPY/HUF transfer options

These are the leading options for a ¥1,000,000 transfer to Hungary.

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 2,084,934.6 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 2,075,721.67 HUF in within minutes.

Have your residence details ready

Japanese banks and registered funds-transfer companies can ask for a residence card, address, My Number and the purpose of an overseas payment.

The exact documents depend on the money transfer company and transfer purpose.

The first payment may take longer while the account is being checked.

Keep the invoice or document explaining the payment ready if you are sending tuition, property money or a large personal transfer.

The Financial Services Agency advises foreign residents to use a licensed bank or Funds Transfer Service Provider.

You can’t use Suica for deposits

PayPay, Suica, IC cards, and a domestic furikomi are useful inside Japan, but they do not send JPY to Hungary.

A large gift can create Japanese gift tax

Japan's annual basic gift-tax exemption is ¥1.1 million per recipient under the calendar-year system.

The recipient may need to file and pay tax when total gifts received during the year exceed that amount.

Residence and asset-location rules can make cross-border cases more complicated, so do not assume that receiving the money in an overseas account avoids Japanese tax.

Non-bank remittance balances are protected under the Payment Services Act, but they are not ordinary bank deposits, so avoid leaving more money there beyond what you need to send.

How we analyse the market

We track 8 registered funds transfer companies sending JPY to Hungary, updated in real time on live searches.

With the yen weak, the exchange margin decides more than the fee does, so that's what we lead the comparison on, along with the ways to pay and collect.

In the past 30 days alone, we analysed 61 comparisons across 3 amounts.

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

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