Business Bank Account in Hungary for Non-Residents
We help companies registered in Hungary open corporate bank accounts, select payment solutions and build a reliable financial infrastructure. Our specialists manage the process from selecting the right bank or payment institution to the launch of your financial operations.
Support for international companies, holding structures, manufacturing and trading businesses, IT companies and shared service centres.
Service Overview
Hungary is a member of the European Union with its own currency, the Hungarian forint (HUF). The Magyar Nemzeti Bank (MNB) is the single supervisor of credit institutions, payment institutions and electronic money institutions.
Banks apply customer due diligence under the Hungarian anti-money laundering act (Act LIII of 2017). Before opening an account, they review the ownership structure, beneficial owners, source of funds and business model. Account-keeping payment service providers also report payment account data to the central bank account register and transmit beneficial ownership data to the central beneficial ownership register.
We help businesses identify the financial institution best suited to their activities, prepare the required documentation and manage the account opening process.
Our Services
We provide comprehensive banking and payment advisory services in Hungary.
Our services include:
- Analysis of the company’s business activities;
- Selection of the most appropriate bank or licensed Electronic Money Institution (EMI);
- Advisory on financial institution requirements;
- Preparation of corporate documentation;
- Assistance with opening corporate bank accounts;
- Support throughout AML and KYC compliance procedures;
- Integration of payment services;
- Advisory on HUF and foreign currency accounts and international transfers;
- Coordination with banks and payment institutions;
- Ongoing support following account opening.
Key Benefits
Access to the European Financial System
Single Financial Supervisor
Deposit Protection
Wide Choice of Financial Solutions
End-to-End Support
How We Help
Our specialists analyse your corporate structure, jurisdictions of operation, financial activities, and commercial requirements. Based on this assessment, we recommend the banks or payment institutions that best align with your business.
Once the financial partner has been selected, we prepare the required documentation, assist throughout the compliance review process, and coordinate communication with the institution until the corporate account is successfully opened.
Our Process
1. Initial Consultation
We assess your business, corporate structure, and financial requirements.
2. Financial Institution Selection
We identify the bank or Electronic Money Institution (EMI) best suited to your business activities.
3. Document Preparation
We prepare the complete documentation package in accordance with the selected institution’s requirements.
4. Application Submission
We manage the account opening process and coordinate communication with the financial institution.
5. Compliance Review
We assist throughout AML, KYC, and other due diligence procedures.
6. Ongoing Support
We continue providing advice following account opening and assist with ongoing relationships with financial institutions.
Why Choose Us
- Experience supporting international companies with banking in Hungary.
- Comprehensive support for international businesses.
- Expertise in banking compliance and regulatory requirements.
- Assistance with opening accounts for a wide range of business models.
- Tailored banking and payment solutions.
- Long-term support following account opening.
Frequently Asked Questions
Yes. Companies with foreign shareholders and beneficial owners may open corporate accounts in Hungary, provided they meet the bank’s requirements and complete its customer due diligence procedures.
As part of customer due diligence under the anti-money laundering rules, banks typically review the company’s ownership structure and beneficial owners, business activities, source of funds and expected transactions.
Eligible deposits with member credit institutions are covered by the National Deposit Insurance Fund (OBA) up to EUR 100,000 per depositor per institution, with compensation paid in HUF.
Yes. We help prepare all required documentation, assist in responding to compliance enquiries, and support clients throughout the entire review process.
Yes. We continue advising clients on banking relationships, corporate document updates, ongoing compliance obligations, and the further development of their payment infrastructure.
Start with a Consultation
Our specialists will help you identify the right financial solution, prepare your company for the compliance process, and support the successful opening of a corporate account in Hungary.
Contact our experts today to open a corporate bank account or implement payment solutions in Hungary.