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Best way to send: Wise
We tested & reviewed 9 money transfer companies offering services between India and Hungary, and Wise scored highly.
In total, Wise appeared in 91.7% of India to Hungary searches, and was the top rated company out of 9 that support transfers into Forint.
So for a great mix of cost, speed & features, make your India to Hungary transfer using Wise.
How to get the best deal on sending money from India to Hungary
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Hungary.
- Choose a provider
Select the provider that offers you the best value on buying HUF & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
What to consider ahead of money transfers from India to Hungary
Comparing based on your specific needs is the best way to send money from India to Hungary with confidence.
Our analysis, and search results, include 9 providers that operate between India and Hungary. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Hungary.
Cheapest way to send money from India to Hungary: Airwallex
On average, Airwallex fees were 1,482.58* INR per transfer and customers would expect an exchange rate between INR-HUF that is -0.17% different to the mid-market rate
Against the others tested, Airwallex is 0.7% cheaper than the second-best option.
To secure a cheap way to transfer INR to Hungary, Airwallex is our recommendation.
*The most common fee applied to INR-HUF by Airwallex, based on data from the past six months.
Fastest company to send money to Hungary from India: Airwallex.
Through our data, Airwallex was the quickest way to send money from India to Forint 33.3% of the time.
Sending money through Airwallex to Hungary from India has an average fee of 0 INR.
To understand who was the fastest, we tested Airwallex as part of 9 money transfer providers. Within this, we looked at the overall speed of sending money from India to Hungary. This was made up of transfer times to Hungary after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Hungary are a priority, Airwallex is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 9 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Forint to Forint.
As such, opt for Wise for sending large sums of money to Hungary from India.
Understanding the cost of money transfers from India to Hungary
The total cost of sending money to Hungary from India is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for INR-HUF is 4.5637 HUF per Indian Rupee.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Forint for your Indian Rupees.
Over the last three months, the average INR-HUF mid-market rate has seen each Indian Rupee worth 4.3158 HUF. Within this we see a high of 4.4365, and a low of 4.1978.
Of the 9 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting INR to HUF.
Fees: When sending money you may have to pay fees. Wise has had an average fee of 1,482.58 INR per transfer over the last 6 months, the lowest of the 9 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of Forint eventually received in Hungary.
This number should be a guide for your decision if cost is important. A higher amount of money received in Hungary means a better overall cost of sending money from India.
Getting the best exchange rate for Indian Rupee to Forint
Tracking the mid-market rate can make a huge difference when sending money INR to HUF. The exchange rate you secure impacts how much HUF you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to HUF has seen some fluctuation. On average, it has been 4.3158.
During this period, the highest value level was 4.4365, with a low of 4.1978.
Wise, which is our recommended service to send money online from India to Hungary offers an exchange rate that is only -0.06% above the mid-market rate.
Want to secure the best INR-Forint exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Hungary!
Payment methods available to fund your India to Hungary transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Hungary.
Sending money via a bank transfer with a company such as Airwallex for transfers from India to Hungary allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Airwallex is the best provider for bank transfers of the 9 we tested when sending INR to Hungary.
With an average fee of INR0 to send money from India to Hungary, Airwallex offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Hungary with a prepaid or a debit card is very simple with .
is a leader in card payments for transfers from India to Hungary, competing among a total of 9 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to Hungary, emerges as our top choice of the 9 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Hungary and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Hungary.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to HUF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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