Whether you are an individual or managing a company, having a bank account and access to online banking is a must to keep tabs on your finances. In Hungary, opening a bank account is fast and easy, although you have to fulfil certain requirements.
Opening a bank account in Hungary is the easiest for Hungarian and EU citizens; they need the fewest documents (basically their ID documents are enough). For third country residents, the procedure depends mainly on the purpose of their stay. In some cases the account is set up within a few hours, while in specific cases a resident permit may be required to complete it.
As a foreigner in Hungary, your main ID document is your passport. As such, make sure to bring it along when you want to open a bank account. If you want to open a business bank account for your company, the company registration documents will be required.
The first step of opening a bank account is always to choose a bank. You should pay attention to several aspects at once, and decide which are the most important for your planned activities.
Helpers has over 12 years of experience in assisting clients in opening bank accounts. We would be happy to go through your needs together and help you choose the offer that best suits your needs. We can even help you with the procedure – of which you can learn more in our next article. Check it out!
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