Here is some information for sending money to Hungary:

Currency

Service

Fee

Transaction Limit

Estimated Arrival Time

EUR (SEPA)

Bank Transfer - Instant Speed

IDR 100,000

EUR 2 - EUR 100,000

20 minutes for payments before 16:00 (GMT+7)

EUR (SEPA)

Bank Transfer - Normal Speed

IDR 75,000

EUR 2 - EUR 100,000

1 banking day for payments before 15:30 (GMT+7)

USD

SWIFT

IDR 75,000 + IDR 330,000 (correspondent bank fee)

USD 5 - USD 100,000

1 banking day for payments before 10:00 (GMT+7)



What is SEPA?

SEPA (Single-Euro Payments Area) is standardized cross-border EUR payments within the EU and participating non-EU countries. You may send EUR to Hungary via the SEPA network using Topremit’s Bank Transfer (EUR) service.


Can I send more than the transaction limit in a day?
Yes, you can. If you send more than the limit, we will require some supporting documents from you to verify the purpose of your transaction.


Additional Information

- For Bank Transfer (EUR):

  • Ensure that your recipient’s bank account currency is in EUR.

  • Ensure that you already have your recipient’s IBAN and SWIFT Code, as they are required for transactions to SEPA.
    -     What is IBAN?
    - What is SWIFT Code?

  • The recipient's full name registered in the bank account must be in alphabet letters. You may use accents if there is any (example: Autobántec GmbH).


- For SWIFT (USD):

  • Ensure that your recipient’s bank account currency is in USD.

  • Ensure that you already have your recipient’s IBAN and SWIFT Code, as they are required for transactions via SWIFT.
    -     What is IBAN?
    - What is SWIFT Code?

  • The recipient's full name registered in the bank account must be in alphabet letters, including numbers if any (example: VentureTech 365 Ltd).

  • Some recipient banks might charge a fee which will deduct the amount received.