Startups in Hungary usually form a Kft, the limited liability company, then open a forint business account once the company is registered with an adoszam. Revolut Business and Wise Business offer fast online onboarding, team cards and multi currency. Traditional banks such as OTP Bank, MBH Bank and Erste Bank Hungary handle the forint corporate account and lending.
Suits startups best
Depends on stage. Revolut Business suits early teams that want online onboarding and cards, while Wise Business suits startups spending or raising outside the forint.
Typical monthly fee
HUF 0 on a free fintech plan up to a traditional bank package fee that varies by bank, as of 14 March 2026. Verify with the provider.
Non resident position
Possible where the company is registered in Hungary. Identity checks apply to all founders. Unclear cases, verify with the provider.
Providers that fit
Several. At least two fintech providers and several Hungarian banks accept registered companies.
Fees and features as of 14 March 2026Last reviewed 14 March 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
A startup in Hungary usually needs a business account that opens quickly online, gives the founding team cards with spend controls, and holds foreign currency for cross border spending and fundraising. As of 14 March 2026, Revolut Business and Wise Business suit registered companies, while traditional banks such as OTP Bank, MBH Bank and Erste Bank Hungary provide the forint corporate account that a Kft is expected to hold after registration. Fees and features below are shown as of 14 March 2026, so confirm current terms with the provider.
What Startups in Hungary need from a business account
Early stage companies value speed, low cost, and clean records that investors and accountants can read. The features that matter most are fast online onboarding, team cards with per card spend limits, accounting exports, and multi currency support for cloud costs and cross border deals. Two points are specific to Hungary. Forming a Kft needs a minimum share capital of HUF 3,000,000, contributed in cash or in kind, and the company is entered in the company register through the company court. Hungary is in the European Union but keeps the forint rather than the euro, so a startup that earns or spends in euro or dollars usually wants a multi currency account alongside a forint corporate account. Confirm the route with the provider and a qualified adviser.
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Revolut Business
Online onboarding with shared cards, spend controls and multi currency for startups spending or raising abroad. Open to registered companies, not sole traders. Support is mainly in app.
The largest Hungarian bank, with a forint corporate account, branch network, cash handling and lending for companies that need them. Onboarding can take longer than a fintech.
These providers accept registered startups in Hungary. Fees and eligibility shown as of 14 March 2026. Confirm current terms with the provider before applying.
It depends on the stage and structure. Many Hungarian startups form a Kft, then open a forint account once the company is registered with an adoszam. Revolut Business and Wise Business offer fast online onboarding, team cards and multi currency, while traditional banks such as OTP Bank, MBH Bank and Erste Bank Hungary handle the forint corporate account and lending. Compare the features you use and verify current terms with the provider. This is general information, not advice.
Can a startup open a business account before it is registered?
Usually not for the operating account. A Kft is registered through the company court before it can be entered in the company register, and most accounts open only after the company has an adoszam. As of 14 March 2026, a registered Hungarian company is commonly expected to open a forint corporate account promptly after incorporation. Confirm the route with the provider and a qualified adviser.
Do these accounts give team cards and spend controls?
Yes. As of 14 March 2026, Revolut Business offers additional cards with per card spend limits and approval flows, usually on paid plans. The number of free cards and the cost of extra cards vary by plan, so check the current pricing with the provider.
Can a startup hold investor funds in foreign currency?
Yes. As of 14 March 2026, Wise Business and Revolut Business hold and convert several currencies, which suits a Hungarian startup raising or spending outside the forint. Conversion costs and allowances differ by provider and plan. Verify the current foreign exchange terms with the provider before applying.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 14 March 2026. Confirm current terms with the provider before applying.