How to send money to Hungary
Learn how to make a money transfer to Hungary with the best providers in four easy steps
1. Make sure the Hungarian forint exchange rate is at your advantage
Even though the currency market is uncertain, it never hurts to follow it so that you can optimize how many your recipient will receive. Follow the Hungarian forint rate and validate your transaction when the rate is at its highest level of the past days.
2. Find the optimal option by comparing all the available options.
Our comparison engine lists a lot of services offering money transfer services to Hungary, such as TransferGo, TransferWise, Western Union, MoneyGram, CurrencyFair. You will save big by comparing all these options and find the best deal for your upcoming money transfer.
3. Pick the best option with your own criteria
Which criteria is the most important for you? Price, speed of transfer, customer reviews? Evaluate the pros and cons before deciding which provider to use.
You may also want to take into account the pay-in and pay-out options. Bank transfer or credit/debit cards are the most often available pay-in methods to send money to Hungary online. At the other end, in Hungary, you can decide if your want the amount in HUF to be deposited on a local bank account or be available for cash pick-up.
4. Sign up and get started wih your money transfer to Hungary with the company of your choice
The last step is to fill the sign-up form on the money transfer provider's website - be aware you will often need to give an offical ID and/or a proof of adress - and get started with your transaction.