HungaryHUFHungarian Forint
Russians with relatives or business connections in Hungary: forints to IBAN HU account at OTP Bank or cash. Hungary is in the EU and under sanctions, but Budapest maintains special relations with Moscow - the route is selected by ATM24 manager. Confirmation in 15 minutes.
The route, the receiving bank and the payout amount are agreed before payment.
Hungary maintains closer economic relations with Russia than many other EU countries, and Viktor Orbán's government has repeatedly opposed certain initiatives for further tightening of sanctions. At the same time, Hungary is an EU member and must apply the current EU-wide sanctions restrictions against Russia. In 2026, the EU sanctions regime continues in effect and is expanding.
For transfers from Russia, ATM24 first verifies the recipient bank and available correspondent chain, then executes the HUF transfer via SWIFT to a Hungarian bank account. An IBAN beginning with HU and containing 28 characters total is used for credit: HU + 26 subsequent characters. OTP Bank is Hungary's largest bank and parent company of CKB in Montenegro; the OTP group continues to have banking presence in Russia, however the possibility of a specific incoming transfer to Hungary depends on sanctions restrictions, the correspondent bank, and AML/KYC verification. The international credit period is several business days and is clarified depending on the recipient bank and route. For domestic transfers to a Hungarian account, credit may take from several minutes. HUF cash is available on select routes; current distribution points are clarified when submitting an ATM24 request. Payment from Russia is possible in cash RUB, USDT, and other available currencies.
Conditions for transfers to Hungary: destination currency — HUF (Hungarian forint), ATM24 commission — from 0.9% with no additional markups to agreed conditions, application processing time — up to 15 minutes (ATM24 SLA), payment methods — bank card, bank account, or HUF cash.
Hungary's payment infrastructure. Financial regulator — MNB (Magyar Nemzeti Bank, National Bank of Hungary). National currency — HUF (Hungarian forint); Hungary is an EU member but not part of the eurozone. IBAN format begins with HU and contains 28 characters total: HU + 26 subsequent characters; it is used for international bank transfers to Hungary. Hungary must apply current EU sanctions against Russia; OTP Bank and other Hungarian banks continue to handle international transactions, but the possibility of a specific transfer depends on the correspondent route and AML/KYC verification. Visa and Mastercard are widely accepted throughout the country; MIR cards are not an available payment method. EUR is not legal tender in Hungary despite the country's EU membership; euros can be exchanged for HUF at banks and exchange offices, and some tourist facilities may accept EUR at their own rate.
Visa or Mastercard from a Hungarian bank. Banks: OTP Bank, K&H Bank, Erste Bank Hungary. Credit time - several business days (clarified with manager). Details: IBAN HU (28 characters), recipient's full name. Route is coordinated with ATM24 manager
Bank account with IBAN HU + 26 characters (28 total). OTP Bank: SWIFT OTPVHUHB, Erste Bank Hungary: SWIFT GIBAHUHB. Credit time - several business days (clarified with manager). Credit currency, conversion, and correspondent route availability are confirmed before payment.
Hungarian forints at distribution points. List of points - clarify with ATM24 manager. Timeline is coordinated with manager. Suitable for urgent expenses without a bank account
To transfer to Hungary, provide: IBAN HU (28 characters), recipient's full name, bank SWIFT code. Route is coordinated with ATM24 manager before payment - due to EU sanctions status, the scheme is tailored to the specific recipient bank.
We accept RUB, USD, EUR and USDT — we pay out in HUF
RUB HUF
3.23per 1 RUB
10 000 ₽ = 32 256 HUFUSD HUF
289.19per 1 USD
100 $ = 28 919 HUFEUR HUF
327.82per 1 EUR
100 € = 32 782 HUFUSDT HUF
289.19per 1 USDT
100 USDT = 28 919 HUF| You send | Payout in HUF |
|---|---|
| 100 USDT | 28 919 HUF |
| 300 USDT | 86 756 HUF |
| 500 USDT | 144 593 HUF |
| 1 000 USDT | 289 187 HUF |
| 5 000 USDT | 1 445 933 HUF |
Where recipients usually get the money in Hungary
Type: Private (public company, Budapest Stock Exchange); SWIFT reception: Yes (OTPVHUHB); Features: Hungary's largest bank. Maintains international operations. Parent company of CKB (Montenegro).
K&H Bank KBC — a commercial bank providing accounts, cards, and transfers. It is suitable for recipients who use bank account details.
Type: Private (Erste Group, Austria); SWIFT reception: Limited (GIBAHUHB); Features: Part of Austrian Erste Group. Accepts transfers but with enhanced AML controls.
Type: Private (Raiffeisen, Austria); SWIFT reception: Limited (UBRTHUHB); Features: Austrian group. Maintains limited operations with Russia, but with caveats.
CIB Bank Intesa Sanpaolo — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
National currency
The national currency is HUF (Hungarian forint), ISO 4217 code - HUF.
Card systems
MIR cards are not accepted in Hungary as a standard payment method.
Payment applications
OTP SimplePay - the largest online payment aggregator. Barion and Paylike are also popular. Apple Pay and Google Pay are supported by leading banks. Telenor Pay and OTP Pay enable mobile transfers.
Interbank transfers
IBAN format begins with HU and contains 28 characters total: HU + 26 subsequent characters; it is used as the standard reference format for international SWIFT transfers to Hungary. MNB (Magyar Nemzeti Bank, National Bank of Hungary) - Hungary's central bank, which independently sets the key policy rate and conducts monetary policy independently of the ECB.
Financial regulator
Hungary is part of the EU but is not a member of the eurozone; there is currently no set date for transition to EUR.
Features for ATM24
As an EU member, Hungary must apply current European Union sanctions against Russia; OTP Bank has retained part of its operations and banking presence related to the Russian market.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
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Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
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Below are answers to frequently asked questions about Hungarian forint, euro in Hungary, and ways to send money to HU.
Sending money to Hungary with payout in HUF works best when the Hungary HUF payout route is checked before the sender pays. ATM24 verifies the route through a bank such as OTP Bank or Raiffeisen Bank, confirms the final payout amount, and shows the fee and timing in advance. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
The recipient can use a card or bank account for a HUF transfer to Hungary if that channel is available for the bank. Before payment, ATM24 checks OTP Bank, Erste Bank, card or account format, recipient name, and payout currency. International-card network availability is confirmed by route, not assumed for every bank. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
Banks for a HUF transfer to Hungary should be checked by the recipient's actual route; common references include OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank. ATM24 reviews bank name, account format, recipient-name spelling, and payout currency before the sender pays. A different bank can require a separate check.
For a HUF transfer to Hungary, ATM24 checks recipient details against the selected receiving route: Hungary HUF payout route, OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank, card payout, account payout, recipient name, HUF payout data, and payout-limit review for the exact receiving channel. The manager verifies name spelling, bank or card format, payout currency, and payment purpose before payment. If the recipient changes the route, the required fields are checked again. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
Transfer timing to Hungary in HUF starts from 15 minutes when the bank, card, or account route is ready. ATM24 checks OTP Bank, Erste Bank, and any route limit before payment. If the receiving bank asks for clarification, processing can take longer. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
ATM24 calculates a transfer fee from 0.9% for payouts to Hungary in HUF. The final figure depends on the Hungary HUF payout route, amount, payment method, bank such as Erste Bank, and whether the recipient receives money on a card or account. The sender sees the final payout amount before paying. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
Yes, the sender can use an available card, bank transfer, USDT, or another confirmed method while the recipient receives HUF in Hungary. The manager checks OTP Bank, Erste Bank, payout route, exchange conditions, and final amount before payment. Any card conversion or sending-bank fee remains outside the recipient payout. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
ATM24 accepts transfers to Hungary in HUF from 100 USD or the equivalent. The maximum amount is not a single country-wide number; it depends on the Hungary HUF payout route, bank rules, payout channel, sender payment method, and recipient data. For a large transfer, the manager confirms the limit and documents before the sender pays. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
Large transfers to Hungary in HUF are checked by amount, recipient route, and receiving bank. ATM24 reviews OTP Bank, Postabank, card or account payout, payment purpose, and source-of-funds information. Any document request is named before the sender pays. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
The estimated payout for sending 1000 USD to Hungary in HUF should be checked by route: 289,186.54 HUF. ATM24 reviews OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank, card or account payout, fee from 0.9%, and exchange conditions. The manager confirms the final HUF amount in the order. Bank-route examples for Hungary: OTP Bank, Erste Bank, Raiffeisen Bank, Postabank, and Pesti Magyar Kereskedelmi Bank.
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