Depends on your trade flows. Wise Business and Revolut Business suit paying overseas suppliers and receiving foreign payments at competitive rates, Payoneer suits receiving from overseas buyers and platforms, and a domestic Hungarian bank handles forint settlement and any trade finance such as letters of credit.
- Suits Importers and Exporters best
- Depends on needs. Wise Business or Revolut Business for cross border payments, a Hungarian bank for forint settlement and trade finance.
- Typical monthly fee
- Free tiers up to about EUR 30 a month depending on plan, as of 29 January 2026. Trade finance at a domestic bank is priced separately.
- Non resident position
- Possible with full checks. Revolut Business requires the applicant to reside in the EEA, the UK or Switzerland and accepts incorporated companies only, while Wise Business and Payoneer are more flexible for international owners. Unclear cases, verify with the provider.
- Providers that fit
- Several. At least three providers serve traders registered in Hungary, alongside domestic banks.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
What Importers and Exporters in Hungary need from a business account
A trading company moves money across borders constantly, so the cost of conversion and international transfers matters more than the headline monthly fee. Multi currency accounts let you hold euro, dollars and other currencies, pay suppliers in their own currency, and receive from buyers without forcing every payment through forint. Neobanks such as Wise Business and Revolut Business are strong on payment cost and speed, but they do not provide trade finance, so importers who rely on letters of credit or documentary collections keep a relationship with a domestic Hungarian bank. Most incorporated traders use a neobank for day to day payments and a Hungarian bank for forint settlement and any financing. Sole traders should confirm eligibility, since Revolut Business accepts incorporated companies only.
Compare accounts for Importers and Exporters in Hungary
These providers serve importers and exporters registered in Hungary. Fees and eligibility shown as of 29 January 2026. For letters of credit and other trade finance, ask a domestic Hungarian bank. Confirm current terms with the provider before applying.
Compare business accounts →Questions about banking for Importers and Exporters in Hungary
Which account is best for paying overseas suppliers from Hungary?
Can neobanks provide letters of credit or trade finance in Hungary?
Do importers and exporters need a Hungarian forint account?
What fees should traders in Hungary watch?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 29 January 2026. Confirm current terms with the provider before applying.