Receiving country · World Bank RPW · HU
Send money to Hungary
Inbound average cost sits in the lower fleet tercile at 5.1% across 3 source corridors - a cheaper receive market than most RPW peers.
- 5.1%
- Avg inbound cost
- 0.6%
- Cheapest · from Switzerland
- $5.7B
- Received per year
- 3
- Source corridors
Inbound-cost tercile vs fleet
Hungary posts a 5.1% average inbound cost, below the fleet lower tercile (~5.3%) - across 3 source corridors. Cheapest tracked floor: 0.6% from Switzerland.
- #23 of 53
- WDI inflow corpus rank
- 5.1%
- average inbound cost
- 0.6%
- cheapest source: Switzerland
- $5.7B
- received annually
Inbound cost bands to Hungary
3 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 3.
HIGH High-fee 5–8% lane · country average 5.1%
Cheapest Ways to Send Money to Hungary
All Corridors to Hungary
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | Switzerland | 3.8% | 0.6% | Western Union |
| 2 | Austria | 4.4% | 0.8% | TransferGo |
| 3 | Germany | 7.2% | 2.0% | Wise |
Low inbound cost into Hungary
World Bank RPW tracks 3 inbound corridors into Hungary at an average 5.14% - below the fleet lower tercile (~5.3%). That places Hungary among cheaper receive markets on the panel, 1.3 pp under the ~6.4% global average.
The three cheapest inbound corridors to Hungary right now are from Switzerland at 0.63% via Western Union, Austria at 0.83% via TransferGo, Germany at 2.05% via Wise. These are floor prices on a $200 transfer into Hungary, fee plus FX margin.
For senders pointing money toward Hungary, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Hungary inbound data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 5.14%; 3 source corridors tracked to Hungary; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Hungary each year?
Hungary receives about $5.7B a year from 3 RPW source countries at 5.14% average inbound cost.
What is the cheapest way to receive money in Hungary?
On World Bank RPW $200 sends, the cheapest inbound floors into Hungary are from Switzerland, Austria, Germany, as low as 0.63%. Country average inbound cost is 5.14% (lower fleet tercile).
How have remittance costs to Hungary changed over time?
Hungary's current average inbound cost is 5.14%, below the fleet lower tercile (~5.3%) and 1.3 pp under the ~6.4% global RPW average. RPW has tracked this receive market since 2011.
Where does Hungary sit among remittance-receiving countries?
According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Hungary ranks #23 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.