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Send money from India to Hungary
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best way to send: Wise
We tested & reviewed 5 money transfer companies offering services between India and Hungary, and Wise scored highly.
Sending 22,100 INR to Forint will cost you ₹652.15 in fees, and you will receive 80,311 HUF. The delivery time is next day.
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
Compare providers
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 5 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.
Understand the Indian Rupee-Forint exchange rate
Choose the right payment method
Use providers regulated in India and Hungary
Consider transfer limits
Receiving money in Hungary
Have your ID ready
Don't forget about taxes
The fastest way to send money to Hungary from India is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many INR/HUF transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Hungary from India is via PayPal P2P Transfer
The coverage of INR/HUF transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a INR transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Send large sums of money
Wise offers the strongest all round option for large transfers of the 5 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 3.7417 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 7 days, the average INR-HUF mid-market rate has seen each Indian Rupee worth 3.7483 HUF. Within this we see a high of 3.7523, and a low of 3.7442.
Of the 5 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. Ria Money Transfer costs 4 INR per transfer at the moment, which is the cheapest option of the 5 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 7 days, the interbank rate from INR to HUF has seen some fluctuation. On average, it has been 3.7483.
During this period, the highest value level was 3.7523, with a low of 3.7442.
Wise, which is our recommended service to send money online from India to Hungary offers an exchange rate that is only -0.01% 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 Ria Money Transfer 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, Ria Money Transfer is the best provider for bank transfers of the 5 we tested when sending INR to Hungary.
With a fee of INR4 to send money from India to Hungary, Ria Money Transfer 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 Western Union Agent.
Western Union Agent is a leader in card payments for transfers from India to Hungary, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from India to Hungary, we recommend comparing your options to get the best deal.
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 and review methodology.
Money transfer company reviews
