What's the cheapest way to get your Hungarian salary into a German EUR account?
I get one part of my salary in Hungarian Forints and this cannot be changed.
I live currently in Germany and I need them in Euros.
Currently I have an account by Deutsche Bank, but they use a pretty bad exchange rate when I receive my money. Example:
2019.12.13
Amount: 738.541 HUF
Received: 2200,7 EUR
Rate DB was using: 335,69
Rate on that day: 330.646 (source)
The difference as the outcome is 33 EUR which I find pretty high (and annoying).
Can you suggest any other method or provider where I could save more?
(1)1 Comments
Sorted by latest first Latest Oldest Best
Transfer using TransferWise. Done.
Alternatively you could talk to the bank in HUngary and ask for
Custom exchange rate - but unlikely you get it because your amounts are pathetic comapred to what FIREX desks deal with. I have that here in Poland, but they refuse to exchange less than 9000€ per transaction.
A EUR account so that you can send the transfer as SEPA
But the mos easy way likely is TransferWise etc. We use Transferwise to pay people in foreign countries - a lot easier than all the alternatives.
5% is little on the extreme side, but this is how banks operate - no prenegotiation, have fun being ripped off.
Terms of Use Privacy policy Contact About Cancellation policy © freshhoot.com2026 All Rights reserved.