IBAN in Hungary

To make an IBAN, banks combine local account details into one string of characters. This means you can calculate an IBAN using these account details.

What is the IBAN format in Hungary ?

An IBAN (International Bank Account Number) is an internationally-agreed code made up of up to 34 letters and numbers that helps banks make sure that international transfers are processed correctly.

Each set of characters represents a different detail for your bank account. You can see the breakdown of this IBAN below.

What is the IBAN code in Hungary?

IBAN in Hungary consists of 28 characters:

  • 2 letter country code
  • 2 digit check number
  • 3 characters from the bank's SWIFT/BIC
  • 4 digit code for the bank branch
  • 16 digit code for the bank account number
  • 1 digit code for national code

Already have an IBAN code?

Check IBAN
IBAN example in Hungary HU42117730161111101800000000
IBAN in print format HU42 1177 3016 1111 1018 0000 0000
Country code HU
Check digits 42
Bank code 117
Branch code 7301
Bank account number 6111110180000000
National check digit 0

Do you need an IBAN in Hungary?

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Hungary, then just a standard bank account number isn’t enough. If you want your money to arrive quickly and safely, you’ll usually need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly.

IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

Calculate IBAN

Compare prices for sending money abroad

Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.

TransferWise never hides fees in the exchange rate. We give you the real rate, independently provided by Reuters. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself.

Sending 1000.00 SGD withRecipient gets(Total after fees)Transfer feeExchange rate(1 SGD → HUF)
TransferWiseCheapest212097 HUFSave up to 13138 HUF6.95 SGD213.581
PayPal198959 HUF- 13138 HUF20.28 SGD203.077
8 million happy customers
Regulated by FCA

We have a 4.6 out of 5 rating on Trustpilot

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it. Read our reviews at Trustpilot.com

Very good service
José Cardoso
Published 22 minutes ago

The services of Transferwise are high quality. They are fast, efficient and the website is easy to use. Last but not least the fees for the transfers ...
Eric
Published 1 hour ago

Excellent product! Easy to transfer in multiple currencies. Debit card is a big plus point.
Sourajeet
Published 1 hour ago

A cheaper, faster way to send money abroad

Join over 8 million people who get the real exchange rate with TransferWise. We’re up to 8x cheaper than banks.

Get started now for free

FAQs

Top banks in Hungary