Traditional Providers
Open a Hungarian Forint Business Account
Open a HUF business account and operate across Hungary with confidence. Get local HU IBAN details with access to VIBER, ICS, GIROInstant, and SWIFT. Send, receive, and hold HUF with clear control over every transaction.
Reduce FX friction and simplify international transfers
Local account details in your company’s name
Access local payment rails for domestic payments
Suitable for international operations, non-resident directors, and multi-jurisdictional ownership
Hungarian Forint
Currency name
HUF
ISO code
Ft
Currency symbol
What’s Included with Your Hungarian Forint Business Account
A dedicated HUF account embeds your operations into Hungary’s local payment infrastructure, improves acceptance with domestic counterparties, and lets treasury time conversions by policy, not circumstance.
Key Benefits
Account in your company’s name with unique HU IBAN and BIC.
Local rails: VIBER for high value, ICS for day-to-day, GIROInstant for 24/7 instant HUF transfers.
SWIFT for cross-border HUF when required, with clear routing and reconciliation.
Unified platform with role-based permissions, approvals, and audit trails for controlled, auditable operations.
The Risk of Not Having a Hungarian Forint Business Account
Relying on ad-hoc cross-border wires and forced EUR or USD conversions for Hungarian activity adds cost, delay, and uncertainty. Treasury outcomes become reactive instead of controlled.
FX erosion:
Repeated, unplanned conversions compress margins.
Payment delays:
SWIFT-only routes add intermediaries, days, and fees.
Counterparty friction:
Local partners prefer HUF transfers to domestic accounts.
Compliance hurdles:
Paying taxes and payroll without a HUF account can be challenging.
Who We Serve
Our HUF Business Accounts Are Designed for
We support a wide range of internationally minded businesses. From fast-growing companies expanding into Hungary to established global organisations managing complex operations.
Global Corporates
Centralise HUF receivables, fund suppliers and payroll, and align HUF costs with HUF revenues for cleaner margins.
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Funds & Institutions
Manage capital calls and distributions in HUF with role-based approvals and clear audit trails.
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Private Equity
Efficient HUF flows for deals, fees, and SPV/holdco structures with policy-driven FX.
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Family Offices
Discreet HUF management for assets, commitments, and inter-entity transfers under tight permissions.
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The All-in-One Platform
Banq Global vs. Traditional Providers
Open business accounts (20+ countries)
Open multi-currency accounts (30+ currencies)
Preferential exchange rates (130+ currencies)
Receive global payments (190+ countries)
Make global payments (190+ countries)
Currency risk management
Mass payments
Trade finance
All-in-one platform
Dedicated relationship manager
Business Account - Step by Step
How to Open a Hungarian Forint Business Account
A clear, expert-led process that reduces rework, shortens decision time, and maintains certainty.
01
Scoping & Fit
We review your structure, directors, UBOs, and HUF flows to confirm feasibility and align the account with your treasury needs.
02
Document Pack
A precise, tailored checklist for your entity type and structure, minimising rounds of clarification.
03
Compliance Review
Disciplined AML/KYC due diligence with prompt Q&A and clear status visibility.
04
Account Issuance
HUF account in your company’s name with local HU IBAN and BIC, enabled for domestic rails.
05
Go-Live & Controls
Users, roles, approvals, payment templates, and FX policy (including market orders) configured to your standards.
Hungarian Forint Business Account - FAQs
Opening a HUF account raises questions on eligibility, payment rails, non-resident onboarding, and compliance. Below are answers to the questions global finance teams ask most often.