Send Money from Austria to Hungary

There is no single cheapest provider on this corridor — it depends on how much you send and how your recipient is paid. Compare the total amount received in Hungarian forints rather than the advertised fee, since the exchange rate margin is usually the larger cost. Bank deposit is typically cheaper than cash pickup.

Most transfers on this corridor arrive within one to three business days. Paying by debit card is generally faster than a bank transfer, and transfers initiated outside banking hours may not begin processing until the next working day.

Across the providers we compare, the available payout methods are bank deposit, cash pickup and card payout. The most widely used options in Hungary are bank deposit to the major Hungarian banks, plus cash pickup. Hungary uses the forint, not the euro, and its currency status is written into the constitution — so this will remain a non-euro corridor for the foreseeable future. Not every provider supports every method, so check the table above before you commit.

No. Western Union offer cash pickup in Hungary, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, bank deposit to the major Hungarian banks, plus cash pickup generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For EUR to HUF, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in Austria under the Austrian Financial Market Authority, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. For transfers above roughly €10,000, a specialist foreign-exchange broker will often beat an app on rate.

Remitly offers bank deposit only on this corridor — no cash pickup, which it does offer on every other Austrian corridor on this site. If your recipient does not have a Hungarian bank account, that service is not an option for you whatever it costs, and the comparison is really between the other two. Wise's credit card figure is not quoted here. Two independent reads of the page on the same day returned 41.23 EUR and 21.02 EUR. Its debit card row held at 10.76 EUR across both reads and is published — the card rows are checked individually rather than withheld as a pair. Wise's Austrian pages offer an open-banking payment option that its American, Singaporean and Swiss pages do not. At 7.21 EUR it sits below the ordinary bank transfer at 9.04 EUR, for the same money leaving the same account. Western Union lists Klarna among its Austrian payment methods. Klarna is deferred payment: choosing it means borrowing to send the money and repaying later, and late or missed repayment carries its own charges that sit entirely outside any transfer fee on this page and outside every price comparison, including this one. Funding straight from a bank account costs nothing extra and creates no debt. Both Austria and Hungary are in the EU but Hungary is outside the euro, so this is a currency conversion and not a SEPA transfer. The forint figure is large enough that a few thousand forint of difference is easy to overlook — compare the rate, not the total.