The wise way to send money between the UK and Hungary

Still using a bank or a broker to send money to Hungary? There’s now a smarter, cheaper way.

If you send pounds to Hungary, Wise could save you a lot of money compared to your bank or a broker.

That’s because Wise uses the mid-market exchange rate. Other providers – including banks, PayPal and brokers – typically use a big mark-up on this rate, which can cost you a lot of money, since they add that cost to any fees they charge.

How Wise works:

• Our transfers are fast, fair and low cost – the fee is just £1.2 and 0.6% of the amount that's converted to send pounds to forints.
• You always get the real exchange rate for your pounds - with no costly mark-up.
• You can make HUF transfers straight from wise.com, or from our iOS and Android apps.
• You can send money with Wise directly to HUF bank accounts.

Ready to sign up? Create your free account by clicking here.

Or read here for more information about making your first transfer to Hungary.

So whether you need to move money between your own accounts, send money to family or friends, pay bills or manage invoices for your business, Wise will save you time and money, and makes the process much easier.

You can also sign up for the Wise Borderless account, which lets you get paid, manage currencies, and manage international business payments without the hassle or expense of a bank.

And since we always use the real exchange rate - unlike banks and brokers who hide big costs in the bad exchange rates they use - you’ll know exactly how much you’re going to receive every time.

So, next time you need to send money to Hungary, remember there's a smart new way to do it. And why not invite your friends? When 3 people that you invite sign up and each make one transfer over £200 (or equivalent in the currency they send us), you’ll earn £50 or equivalent in the supported currency of your choice.