Your Business Account in Hungary 🇭🇺

To open a business bank account in Hungary, follow these steps. First, choose a bank that suits your business needs. Then, gather the required documents and complete the account opening application form. Additionally, provide any additional documents or information requested by the bank. Keep in mind that there may be a minimum deposit required.

Yes, Hungary and Hungarian banks welcome foreign business. Unlike many other European countries, it is possible to open a corporate account for both local and foreign companies.

The standard set of documents needed to open a business bank account in Hungary include: a passport copy of the applicant; completed application for account opening, proof of business address, copies of founding documents (translated into Hungarian), applicant's and company's resume. However, other documents might be required depending on the bank.

Opening a business bank account in Hungary is restively easy as long as your company is not an offshore business from a sanctioned location. The process can take a couple of weeks but will require a personal visit to the bank branch.