Remittance corridor · World Bank RPW · 2025Q1

Austria → Hungary

What it really costs to send money from Austria to Hungary, with the cheapest provider on record and the gap to the UN's 3% target.

5.5%
Average cost
1.1%
Cheapest · TransferGo
7
Providers tracked

The verdict

At 5.5%, this corridor sits mid-pack, but the cheapest provider charges just 1.1% - switching saves about $8.90 on every $200 sent.

5.5%
average cost of a $200 transfer
-1.2pp
vs the 6.7% average of 322 corridors
+2.5pp
gap to the UN 3% target
$107/yr
saved by switching to the cheapest, 12 transfers

Compared against the 322 corridors we actually track, not a generic headline figure.

How Austria → Hungary compares

Average cost of a $200 transfer, percent, lower is cheaper

Austria → Hungary5.55%Cheapest provider1.1%322-corridor average6.71%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q1

SDG 10.c progress (target: 3%) 78.8%
Cheapest

5.55% average - 2.5pp above target

Cost trend: Austria → Hungary

Average and cheapest cost of a $200 transfer over time, percent

-5%0%5%10%15% 2012Q32014Q32016Q22018Q12019Q42021Q32023Q22025Q1 5.55%1.1% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q1

Sending Country

Austria
Europe
4.50%
Avg outbound cost
$9.7B
Total remittances sent
All corridors from Austria →

Receiving Country

Hungary
Europe
6.39%
Avg inbound cost
$5.5B
Total remittances received
All corridors to Hungary →

Nearby Corridors from Austria

Austria sends through 4 corridors we track. Comparing them against the Austria → Hungary route shows whether this destination is cheap or expensive relative to that country's other outbound options.

# Destination Avg costCheapest
1 Kosovo 1.8% N/A
2 Croatia 3.2% 0.7%
3 Serbia 5.0% 2.0%
4 Bosnia and Herzegovina 7.0% 2.7%

What the Austria → Hungary Data Tells Us

Sending money from Austria to Hungary currently costs an average of 5.55% of the transfer amount, according to World Bank Remittance Prices Worldwide (RPW) data as of 2025Q1. That is 1.2 percentage points below the 6.7% average of the 322 corridors we track, and well under the World Bank's reported global average of about 6.4% - a relatively affordable route.

On the cheapest end of the market, TransferGo delivers this corridor at 1.10% - the floor price a Austria-based sender can realistically access today. The full panel includes 7 tracked providers.

Annual corridor volume is not separately reported for this route in the current release, but reducing transfer costs on any route translates directly into more money reaching recipient households. Costs on this route have stayed essentially flat, moving 0.13 percentage points over the tracked period, unusual stability against the broader downward trend seen on most corridors.

Across the 50 quarters of World Bank RPW data on record for this corridor, the average cost has ranged from 4.3% to 11.9%, and 0 of those 50 quarters (0%) met the UN SDG 3% target outright. Quarter-to-quarter pricing on this route has swung considerably (1.83pp standard deviation across the full record) - worth checking the current quarter's reading specifically rather than relying on the long-run average.

Frequently Asked Questions

How much does it cost to send money from Austria to Hungary?

The average cost to send money from Austria to Hungary is 5.55% of the transfer amount, based on World Bank RPW data as of 2025Q1. The cheapest available option is 1.10% via TransferGo. Costs are calculated as a percentage of a $200 transfer and include both service fees and exchange rate margins.

What is the cheapest way to send money from Austria to Hungary?

Based on World Bank RPW data, the cheapest service for the Austria to Hungary corridor charges 1.10% - currently TransferGo. A total of 7 providers are tracked on this corridor. Always compare rates directly with providers before sending, as prices change frequently.

Is the Austria to Hungary corridor meeting the UN SDG cost target?

Not yet. At 5.5%, this corridor sits 2.5 percentage points above the UN SDG 10.c target of 3% or below by 2030.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025) World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025)

Every figure on PlainRemit is rendered directly from World Bank Remittance Prices Worldwide (RPW) data, no number is typed in by an editor. This page draws directly on World Bank Remittance Prices Worldwide (RPW) data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.