A Hungarian company, the Kft or the Zrt, must hold at least one forint account at a bank, so a domestic Hungarian bank usually anchors the setup. Wise Business and Revolut Business add multi currency accounts for foreign payments, and Payoneer suits receiving from platforms. Incorporated companies have the widest choice.
- Suits LLC and Corporations best
- A domestic Hungarian bank for the required forint account, plus Wise Business or Revolut Business for multi currency payments.
- Typical monthly fee
- Domestic bank account fees vary, with neobank free tiers up to about EUR 30 a month depending on plan, as of 29 March 2026.
- Non resident position
- Possible with full checks. Revolut Business requires the applicant to reside in the EEA, the UK or Switzerland, while Wise Business and Payoneer are more flexible for international directors. Domestic banks may ask for in person verification. Unclear cases, verify with the provider.
- Providers that fit
- Wide. Incorporated companies are accepted by domestic banks and the main neobanks.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
What LLC and Corporations in Hungary need from a business account
An incorporated Hungarian company, most commonly a korlatolt felelossegu tarsasag or Kft, is required to hold at least one forint payment account, and that account must be opened soon after registration. Reputable sources put the window at about eight days from registration, so a domestic Hungarian bank is the practical starting point. From there the choice widens. Companies that trade or pay vendors abroad add a multi currency account such as Wise Business or Revolut Business to cut conversion costs, while Payoneer helps those receiving from marketplaces and platforms. Incorporated companies are accepted by the main neobanks, unlike sole traders, so the Kft and the Zrt have the broadest set of options. Confirm the current account opening rules with your accountant.
Compare accounts for LLC and Corporations in Hungary
These providers accept incorporated companies registered in Hungary. A domestic Hungarian bank is still needed for the required forint account. Fees and eligibility shown as of 29 March 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about banking for LLC and Corporations in Hungary
Does a Hungarian Kft have to open a forint bank account?
Can a Hungarian company use Wise Business or Revolut Business as its only account?
Is the director's residency a factor for company accounts?
What fees should companies in Hungary watch?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 29 March 2026. Confirm current terms with the provider before applying.