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Best Ways to Send Money to Hungary

Ensure fast send times, low fees, the best exchange rates, and helpful customer support on money transfers to Hungary.

Continue reading for reviews, expert advice, and essentials for transfers to Hungary.

Jonathan Merry
Author 
Jonathan Merry
3 minutes
November 21st, 2023
Disclosure
Best Overall
8.9
TorFx

TorFX is the top rated money transfer provider that usually appears in our search results to Hungary.

Fastest Option
9.2
Wise

Wise tends to be the fastest way to send money to Hungary for many origin countries and send amounts.

Cheapest Option
8.6
XE

Users who searched to send money to Hungary usually find XE had the lowest rates and fees.

Compare rates and fees for sending money to Hungary

There are multiple ways to easily send and receive money in Hungary but these will largely depend on the provider you decide to use.

What’s the Fastest Way to Send Money to Hungary?

The fastest way to send money to Hungary is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money will reach its Hungarian destination in a matter of minutes. The fast option is also quite affordable, as it costs less than most of their slower competition.

If you need to resort to a more affordable option down the line, using Ria Money Transfer’s slow option will be easy once you have an account with the company which you know how to use.

What’s the Cheapest Way to Send Money to Hungary?

The cheapest way to send money to Hungary is through OFX. OFX charges its customers on a sliding scale, where the more money you send, the less money you pay to them in fees. OFX doesn’t charge any upfront fees, but they charge a small percentage on each transaction. If you need to send more than USD $1000 to Hungary, you will get the best rates by far with OFX. The company recently lowered its minimum transaction size requirements, as well.

It should be noted that OFX does carry a minimum transaction size requirement that is much higher than the competition’s. If this requirement is not agreeable to you, you can use Wise. Wise offers highly competitive rates for their service, while their minimum transfer size requirements are almost non-existent.

What’s the Easiest Way to Send Money to Hungary?

The easiest way to send money to Hungary is through Wise. Wise is a peer-to-peer money transfer system that keeps the process exceptionally simple. All you need to do is tap in an amount of money to be sent and a destination. After that, you just need to pay Wise for the transaction, and your money will be on its way to Hungary. Wise also only takes a day or two to complete a transaction, making it a very well-rounded option given its cost.

What’s the Overall Best Way to Send Money to Hungary?

The overall best way to send money to Hungary is through OFX. Given their recent reductions to minimum transfer amounts, OFX provides the best option when it comes to sending money to Hungary. Their rates are unbeatable, while their transfer times and their intuitive platform makes them highly competitive in those areas. In the end, OFX simply provides a better complete package than the rest of the competition.

The USD to HUF exchange rate

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Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com