Currency for Hungary.

The Hungarian Forint (HUF; symbol Ft). where 1 HUF = 100 Ft is the main currency in Hungary. Although Hungary operates its own currency it still accepts the euro. Notes are in denominations of Ft20,000, 10,000, 5,000, 2,000, 1,000, and 500. Coins are in denominations of Ft200, 100, 50, 20, 10 and 5. A large number of commemorative coins in circulation are legal tender.

Need to send money to Hungary?

The IBAN includes various codes, like your branch and account numbers, and is the standard system for sending payments across Europe.  Hungarian IBANs have 28 characters, starting with ‘HU’ followed by 26 characters, and can usually be found on your bank statement or other paperwork, along with your BIC or SWIFT code.

There are further techical details below, although the Currency providers will take care of ensuring payment details are in the correct format before initiating any payments on your behalf.

Hungarian IBAN Format: HUkk BBBB BBBC CCCC CCCC CCCC CCCC

B = Bank Code
C = Account No.
k = Check Digits

Hungarian BIC or SWIFT code Format: BBBBCCLL or BBBBCCLLDDD

B = Bank Code (Only Letters)
C = Country Code ‘HU’ (Only Letters)
L = Location Code (Letters & Digits)
D = Branch Code Optional (‘XXX’ for Head Office – Letters & Digits)

Use our comparison website Send Money Home to see who can assist you in your currency exchange see which company ticks all the boxes when it comes to sending your money to Hungary. There are so many companies available but ensure you are getting the best currency exchange rate and are offering no money transfer fees over 50,000 to 100,000.  Are you making a money transfer to Budapest Bank, CIB Bank, Dresdner Bank, HVB, K&H, OTP, Raiffeisenbank, Volksbank, WestLB or another bank in Hungary? If so you can make your money transfer cheaply, simply and safely via send money home

Receiving and Sending money home to the Hungary is easy just choose which company you want to use and complete the online application form. Once submitted you may need to provide conformation of ID. This is standard and is a requirement by the Inland Revenue and the FSA to confirm who you are and to protect your money. Once your account is opened you can then confirm a currency rate and transfer funds. It all sounds like it will take time but in fact in an account can be opened in 10 minutes if you have your passport and proof of ID with you.

Ensure you get the best rate, remember you are not the expert they are so ask as many questions as you need getting expert advice all the way.

All of the currency providers listed on Send Money Home Website have been carefully vetted by sendmoneyhome.co.uk, All currency providers are regulated by the Financial Services Authority (FSA) and operate segregated client accounts. When you need to send money to the Hungary consider using one of these companies and save money compared to using your high street bank.

Sending Money to Hungary?

When you click the ‘Open an Account / Get a Quick Quote’ button, you will be directed to the currency providers website where you need to open an account before you can send money to the Hungary.

Are you looking for a cheap, simple and secure way to make a money transfer to Hungary? If so send money home will be the ideal solution for you. It may be that you are going to make a money transfer to family or that you are making a money transfer to make property payments; whatever your reason for making the transfer you will get a great exchange rate for the Hungarian Forint and be able to transfer money at a low cost thanks to our competitive transfer fees. Your money transfers with send money home will also be really easy to complete as your HUF money transfer can be made conveniently online.

Hungary is a country in Central Europe which is bordered by Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria. Budapest is the city’s capital and largest city and the contry’s official language is Hungarian. Hungary is a popular tourist destinations and attracts roughly 8.6 million tourists a year.

Are you looking to make a money transfer to Budapest, Debrecen, Szeged, Miskolc, Pecs, Gyor, Nyíregyháza, Kecskemét, Székesfehérvár or elsewhere in Hungary?

If you are looking to make a money transfer to Hungary there are a variety of transfer methods, but most prominent are banks and money sending bureaus. Although these services are accessible and are an easy way to make your money transfer they will be costly options due to sizeable transfer fees and poor Hungarian Forint exchange rates.

Making money transfers need not be expensive; you can reduce the costs of your money transfer by transferring money through a money transfer service like send money home. When you transfer money through us you will get a competitive market exchange rate for the Hungarian Forint as we make savings by bulk buying currency and pass these savings on to you.

Along with getting a great exchange rate you will only be charged a small for for transferring the money, along with the added benefit of our convenient online payments system which allows you to transfer money from a time and place which suits you.

Are you making a money transfer to Budapest Bank, CIB Bank, Dresdner Bank, HVB, K&H, OTP, Raiffeisenbank, Volksbank, WestLB or another bank in Hungary? If so you can make your money transfer cheaply, simply and safely via send money home