Budapest Bank overseas euro money transfer alternatives
You can beat Budapest Bank exchange rates when making a Forint (HUF) money transfer to or from an overseas bank and your account in Hungary – (Expats also use this service to send forints, euros, UK pounds and other popular currencies back to their Hungarian accounts at Budapest Bank).
Budapest Bank – Hungarian Forint (HUF) vs European Currency Exchange Rates
| BUDAPEST BANK | MIN. TRANSFER | SPEED | *GUIDE RATES | INFORMATION |
|---|---|---|---|---|
| GBP £ - to HUF | NO MINIMUM | 5/7 DAYS | Ft 443.877 | MORE DETAILS |
| GBP/HUF (BROKER RATES) | FROM £100 | 1 DAY | Ft 457.705 | MORE DETAILS |
| HUF Ft - to GBP | NO MINIMUM | 5/7 DAYS | £0.002 | MORE DETAILS |
| HUF/GBP (BROKER RATES) | FROM £100 | 1 DAY | £0.002 | MORE DETAILS |
| HUF Ft - to CHF | NO MINIMUM | 5/7 DAYS | Fr 0.002 | MORE DETAILS |
| HUF Ft - to CZK | NO MINIMUM | 5/7 DAYS | Kc 0.062 | MORE DETAILS |
| HUF Ft - to DKK | NO MINIMUM | 5/7 DAYS | kr 0.018 | MORE DETAILS |
| HUF Ft - to EUR | NO MINIMUM | 5/7 DAYS | €0.002 | MORE DETAILS |
| HUF Ft - to NOK | NO MINIMUM | 5/7 DAYS | kr 0.029 | MORE DETAILS |
| HUF Ft - to PLN | NO MINIMUM | 5/7 DAYS | zl 0.011 | MORE DETAILS |
| HUF Ft - to SEK | NO MINIMUM | 5/7 DAYS | kr 0.028 | MORE DETAILS |
POPULAR HUNGARIAN FORINT (HUF) EXCHANGE RATES – CHF CZK DKK EUR GBP NOK PLN SEK
UK pound sterling (GBP) to Hungarian forint (HUF) currency rates are updated daily at 09:00 GMT.
Exchange rates can sometimes change and sadly banks do not always inform us when they alter them (especially if they raise exchange rates, rather than lower them). A lower foreign exchange rate will typically get you a better deal when sending money to/from Hungarian forint. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
About Budapest Bank
Budapest Bank was established in Hungary in 1987 and is a financial subsidiary of GE Capital which is part of the American corporation General Electric. Today Budapest Bank has more than 100 branches in Budapest and across Hungary. The bank offers offers banking services including saving accounts and similar financial services to individuals and business customers.
Hungarian Forint Transfer to/from Budapest Bank in Hungary
Making a transfer to or from Hungarian forint using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.
UK bank to Budapest Bank account v Currency Brokers
1: Bank money transfer information: For overseas money transfers, you will need to be an existing bank account holder with this provider to use their services. General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or Hungarian forint. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
Sending Money Abroad with Budapest Bank
To transfer funds abroad from your Budapest Bank account, you have to give the beneficiary’s IBAN and BIC to the bank. International transfer requests can be submitted by fax as long as you have signed a request at your local Budapest Bank branch.
