AGS Worldwide Movers
Private Messages Friends Invite My Jobs My Properties My Profile My Tips

Hungary Expat Forum

Most economical way to send money from Hungary to USA

Post New Topic
magyarredhead
2/21/2017 14:31 EST

Hello,

I am a Hungarian born living in the state of NM in the USA. My mother passed away and I inherited some money. Unfortunately my bank in the USA (credit union) does not accept international wire transfers. What would be the most economical way to get my money from Hungary to the USA (HUF to US Dollars) without losing much on conversion and bank fees? Any ideas please?

Post a Reply

00abuse

peddington
2/21/2017 15:41 EST

That is a though one. Of course it depends how much money. Western Union all considered is expensive and there is a limit on the amount. I came across this web site: news@smartcurrencyonline.com
I have not done business with them but I think two banks are required. In this case one in Hungary and one in the US. In Hungary they don't use/cash check typically but might work the other way around since we in the US use them and it is common place. Of course not really sure if US banks would honor a check from Hungary. Sorry couldn't be more help!

Post a Reply

00abuse

expat health insurance from CIGNA

Choosing an expat health insurance provider is an important decision. Get a quote from our trusted expat health insurance partner, CIGNA. With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family.

Learn More Get a Quote

Grazka
2/21/2017 18:00 EST

You can do it is through some form of foreign exchange company online. One that I have previously used, which was very smooth is http://transferwise.com. You simply have to make an account and verify your identity, then you make a request for how much you'd like to send, you initiate a transfer from your bank here to theirs, specify where you want the money sent and they'll transfer it directly into your account. Site-wise, you'll have a lot of options to choose from - I can only recommend Transfer Wise as I've used them, but depending on the amount you would like to transfer, you can probably find better and worse rates online, just make sure you do due diligance on whether the company is respectable!

Post a Reply

00abuse

magyarredhead
2/22/2017 19:13 EST

Thank you so much for your suggestion, you are very kind. Wishing you a wonderful day/evening!

Post a Reply

00abuse

magyarredhead
2/22/2017 19:15 EST

Hello and thank you very much for the great idea. I looked at the "transferwise" website and it looks promising. Thanks again and have a terrific day / evening!

Post a Reply

00abuse

Expatriate Health Insurance

Get a quote for expat health insurance in Hungary.

Mail Forwarding to Hungary

Mail Forwarding to Hungary.


Expat Tax

Expat Tax Preparation, Expat Tax Professionals


International Moving Companies

Moving to Hungary? Find a moving company.

Join Today (free)

Join Expat Exchange to meet expats in your area or get advice before your move. It's FREE and takes 1 minute!

Copyright 1997-2017 Burlingame Interactive, Inc.

Privacy Policy Legal