Opening of a bank account in Hungary has nowadays become a challenge not only for citizens of Russia, Ukraine, and Belarus. The reason for a bank's refusal to open an account may include the applicant's place of birth, even for citizens holding a Eur...

Many citizens, who previously lived on the territory of Ukraine and Russia found themselves in forced emigration in 2022, and had to make a decision to move, based on the principle of accessibility of a particular country. The main questions that peo...

Did you know that some Hungarian citizens prefer to keep money not with a bank, but hidden at home or at work? Perhaps this is due to the high prices of banks for maintaining the account and transactions taxes. Many European expats are taken by surpr...

If you are planning on opening a private bank account in Hungary, you will have to choose from variety of banks, international and Hungarian. You will study the tariffs and packages and see some differences. You should also consider the transaction f...