huHungary

Send Money from Australia to Hungary

Instant AUD to HUF or EUR transfers.

How it works

  1. 1

    Create your account

    Sign up in minutes and complete your ID verification to securely activate your account.

  2. 2

    Enter your recipient's details

    Vell will guide you on the required information for a successful transfer.

  3. 3

    Send and track

    Confirm your transfer and track it in real time — from your Vell app.

Why Australians use Vell to send money to Hungary

  • Real exchange rates

    The rate you see is the rate you get. No margin hidden in the exchange rate.

  • Low, transparent fees

    One flat fee shown upfront before you confirm. No surprises.

  • Two ways to send

    Send in Hungarian forint (HUF) or euros (EUR), both arriving instantly.

  • Direct to any Hungarian bank

    OTP Bank, K&H Bank, Raiffeisen Bank Hungary, MBH Bank, CIB Bank, Erste Bank Hungary and more.

  • Instant transfers

    Your money arrives in seconds, 24/7 including weekends and Hungarian public holidays.

  • Track every step

    Real-time notifications for you and your recipient from send to arrival.

  • Safe and regulated

    Vell is registered with AUSTRAC and fully licensed to operate in Australia.

Sending money from Australia to Hungary

Australia's Hungarian community has deep roots, with a significant wave of Hungarian immigrants arriving after 1956 and subsequent generations maintaining strong cultural and financial ties to Hungary. Today, Australians send money to Hungary for a wide range of reasons — supporting elderly parents, contributing to family property, covering living expenses for relatives, funding education, and making business payments. Vell makes all these straightforward, with instant delivery in either HUF or EUR.

Hungary is an EU member state but has not adopted the euro. The official currency is the Hungarian forint (HUF), and unlike Denmark's tightly pegged krone, the forint floats more freely, meaning AUD/HUF can be more volatile than AUD/EUR. Many Hungarian banks also offer euro accounts, and SEPA euro transfers are widely supported. Senders who want to avoid forint volatility may prefer to send in EUR if their recipient holds a euro account.

The AUD/HUF exchange rate is influenced by European economic conditions, Hungarian National Bank policy, inflation differentials, and the performance of the forint against the euro. The forint has at times experienced significant volatility, making it especially important to use a provider that offers a transparent, competitive rate rather than one that takes a large margin on top of the market movement.

Unlike Australian banks, which set their own retail exchange rate and pocket the difference on every transfer, Vell offers competitive rates for both HUF and EUR transfers with a single transparent fee. What you see in the calculator is what gets sent instantly, every time.

Use Vell's rate tracker to set an alert when AUD/HUF or AUD/EUR hits your target rate →

Frequently asked questions

How long does it take to send money from Australia to Hungary?

Vell AUD to HUF and EUR transfers to Hungary are both instant. Your recipient's account is credited in seconds.

Should I send HUF or EUR to Hungary?

Both arrive instantly, so the choice depends on your recipient's preference and account type. If they hold a Hungarian forint account, send HUF. If they hold a euro account, send EUR. Unlike the Danish krone, the forint floats more freely against the euro. If your recipient is comfortable holding either currency, it is worth checking the current rate for both options in the calculator before deciding.

What details do I need to send money to a Hungarian bank account?

You will need your recipient's full name, IBAN, and the bank's BIC or SWIFT code. Hungarian IBANs are 28 characters long and begin with "HU". Vell will guide you through the required details during the transfer.

What is the AUD to HUF exchange rate today?

The AUD/HUF rate updates throughout the day based on live market conditions. Use the calculator above for the current Vell rate on your transfer amount.

Are there any hidden fees when sending money to Hungary with Vell?

No. Vell charges one flat fee shown upfront before you confirm. There are no hidden charges, no exchange rate markup, and no fees deducted from the amount your recipient receives.

Which Hungarian banks does Vell support?

Vell supports all major banks in Hungary.

Why does the AUD to HUF rate fluctuate more than other European currencies?

The Hungarian forint is a floating currency and is more sensitive to European economic sentiment, Hungarian inflation, and National Bank of Hungary policy decisions than more stable currencies like the euro or Danish krone. When global risk sentiment shifts, the forint can move significantly. Using Vell's rate tracker to monitor movements and send when conditions are favourable can help you get more for your money.

Is it safe to send money to Hungary with Vell?

Yes. Vell is registered with AUSTRAC (Australia's financial intelligence agency) and operates under strict anti-money laundering and compliance regulations. Your transfer is encrypted and tracked from send to arrival.

Can I send money to Hungary for a business payment?

Yes. Vell supports transfers to both personal and business bank accounts in Hungary, making it a practical option for businesses, contractors, and freelancers making cross-border payments.

Ready to send money to Hungary?

Send your first transfer free — no hidden fees, no surprises.