Question 1

What is the best way to send money from Cyprus to Hungary?

Accepted Answer

There are many good choices when it comes to sending money from Cyprus to Hungary. With RemitFinder, you can easily compare numerous providers to get the best remit rates on your Euro to HUF money transfers.

We compare different remittance companies to bring you the best options to send money to Hungary from Cyprus. These trusted partners offer you their best EUR to HUF exchange rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promo codes; these help you further maximize the yield on your Euro to Hungarian Forint money transfers.

Question 2

How to get the best EUR to HUF remittance rate?

Accepted Answer

Euro to Hungarian Forint exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Hungary from Cyprus. Another added complexity is the multitude of choices at your disposal, making manual searching time consuming and difficult.

You can eliminate the manual work to search and compare providers for your EUR to Hungarian Forint money transfers by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various companies, and send you the info you need.

This way, you do not miss out on good choices if we add new partners for the Cyprus to Hungary corridor.

Question 3

What is the cheapest way to transfer money to Hungary from Cyprus?

Accepted Answer

The amount your recipient gets when you send from EUR to HUF is the number that matters most. To maximize payout, try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them).

Traditional methods to send money from Cyprus to Hungary charge high fees and provide low rates, resulting in an expensive money transfer.

A good way to find the cheapest options to send Euro to Hungary is by comparing providers on RemitFinder. This way, you can get the best Euro to Hungary exchange rate.

You can realize additional savings by utilizing exclusive offers and promo codes from our partners. These deals can help lower the cost of you Euro to Hungary money transfer even more.

Question 4

Should I use my bank to transfer money from Cyprus to Hungary?

Accepted Answer

We do not recommend using your bank in Cyprus for your next EUR to HUF transfer. This is because banks are known to give you worse exchange rates and yet charge high fees (up to USD 35-50, or currency equivalent) - a double whammy that will make your transaction expensive.

You will generally save more by relying on money transfer companies for sending HUF to Hungary. These companies will let you use your local bank account in Cyprus to pay for your Hungary money transfer, but will likely save you a lot of money with better rates and lower fees.

Question 5

What is the fastest way to transfer money from Cyprus to Hungary?

Accepted Answer

It can be stressful to rush money from Cyprus to Hungary. But the good news is that there are best practices you can rely on for fast transfers.

First, pick the right payment method to convert from EUR to HUF. For example, bank transfers are slower as compared to cash payments.

Similarly, choose cash pickup to pay your receiver. Just be aware that the FX rate on cash transactions may not be the best, and there is risk in handling cash. Mobile airtime top up may be the next fastest option.

Transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and can vary from provider to provider. See our remittance guide to see how remittances work in general, and what factors affect the speed of your Cyprus to Hungary money transfers.

Question 6

Which are the best money transfer companies to transfer money from Cyprus to Hungary?

Accepted Answer

The first step in selecting the best money transfer operators for Cyprus to Hungary remittances is to have a list of potential companies that you could use. You can rely on RemitFinder to compare several providers easily.

The next part in deciding parameters on which you want to compare providers. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another useful criteria is coupons and deals for Euro to Hungarian Forint money transfers. Using promo codes can help reduce your cost further when sending money overseas.

Question 7

Step by step guide to do a money transfer from Cyprus to Hungary

Accepted Answer

When sending money from Cyprus to Hungary, it may be difficult to find the best company to move your money abroad. With many choices available to remit from Cyprus to Hungary, you may feel overwhelmed.

This is where RemitFinder comes in; we help you search and compare money transfer companies.

Once you find a suitable provider, follow the below steps to send money.

Provide your name, address and other information as part of the signup process. Providing this information ensures safety and compliance
Provide information about the receiver - name, address and a bank account in Hungary where they can receive money in Hungarian Forint.
Add your Cyprus bank account so you fund your transfer.
Finally, select the amount you want to transfer, and click Send.
The provider will start your transaction, and keep you updated on the progress of your transfer.

The process is quite easy and you can see your EUR travel to another part of the globe.

1 EUR	364.70 HUF
5 EUR	1,823.52 HUF
10 EUR	3,647.04 HUF
25 EUR	9,117.59 HUF
50 EUR	18,235.19 HUF
100 EUR	36,470.37 HUF
150 EUR	54,705.56 HUF
200 EUR	72,940.74 HUF
250 EUR	91,175.93 HUF
300 EUR	109,411.11 HUF
400 EUR	145,881.48 HUF
500 EUR	182,351.85 HUF
600 EUR	218,822.22 HUF
700 EUR	255,292.59 HUF
800 EUR	291,762.96 HUF
1000 EUR	364,703.70 HUF
1500 EUR	547,055.55 HUF
2000 EUR	729,407.40 HUF
2500 EUR	911,759.25 HUF
3000 EUR	1,094,111.10 HUF
4000 EUR	1,458,814.80 HUF
5000 EUR	1,823,518.50 HUF
10000 EUR	3,647,037.00 HUF
15000 EUR	5,470,555.50 HUF
20000 EUR	7,294,074.00 HUF
30000 EUR	10,941,111.00 HUF
40000 EUR	14,588,148.00 HUF
50000 EUR	18,235,185.00 HUF
100000 EUR	36,470,370.00 HUF

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