Free business accounts in Hungary

Snapshot

Some business accounts in Hungary have a no monthly fee option as of 24 March 2026, including Wise Business which charges no monthly fee and the Revolut Business Basic plan. Free usually means no monthly fee, not no fees at all, since per transaction and currency conversion costs can still apply, and Wise Business charges a one time setup fee.

No monthly fee options: Yes, including Wise Business with no monthly fee and the Revolut Business Basic plan
What still costs: Per transaction, ATM and currency conversion fees can apply, a one time setup fee applies on Wise Business, and some allowances are capped
Can a non resident open: Possible where the business is registered in Hungary. Verify with the provider.
Most providers: Several business accounts with no monthly fee plans

Fees and features as of 24 March 2026Last reviewed 24 March 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

A free business account in Hungary usually means no monthly account fee, not zero fees on everything. As of 24 March 2026, Wise Business charges no monthly fee with a one time fee to open, and Revolut Business has a free Basic plan for registered companies. Per transaction, ATM and currency conversion costs can still apply, and some allowances are capped on free plans. Because the forint is not the euro, payments in other currencies carry a conversion cost. Confirm current fees with the provider.

What free means for a business account in Hungary

A no monthly fee account removes the recurring account charge, but other fees can remain. Per transaction fees may apply once a free allowance is used, ATM withdrawals can cost, and currency conversion carries a margin on payments outside the forint. A Hungarian financial transaction duty can also apply to certain transfers and withdrawals. So a free headline can still cost money depending on how you trade. Compare the fee layer that matches your activity rather than the monthly price alone.

Accounts with no monthly fee

As of 24 March 2026, Wise Business charges no monthly fee, with a one time fee to open the account and activate local account details including forint details. Revolut Business has a free Basic plan with paid plans that add allowances, available to registered companies rather than sole traders. Verify the current figures and any limits with each provider.

Costs that can still apply

Even on a free account, expect possible per transaction fees beyond the free allowance, ATM fees, and a currency conversion margin on payments outside the forint. As of 24 March 2026, Wise Business converts at the mid market rate plus a fee, and other providers apply a margin that varies by currency and plan. Confirm the current rate card with the provider.

What to check before you call an account free

When an account is described as free in Hungary, check these points, as of 24 March 2026. Verify with the provider

Whether the no monthly fee is unconditional or comes with capped allowances on transfers and cards, and any one time setup fee.
Per transaction fees once the free allowance is used, any ATM fees, and any financial transaction duty passed on.
The currency conversion margin and any transfer fees on payments outside the forint.

How to compare free accounts

List how you actually transact, including monthly volume, card use and payments outside the forint.
Check whether the free plan allowances cover your activity each month.
Compare the per transaction and international costs, not just the zero monthly headline, and confirm with the provider before you apply.

Compare business accounts available in Hungary

These providers accept business customers in Hungary and include no monthly fee options. Fees and eligibility shown as of 24 March 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about business banking in Hungary

Is there a truly free business account in Hungary?

Some accounts have a no monthly fee option as of 24 March 2026, including Wise Business with no monthly fee and the Revolut Business Basic plan. Free usually means no monthly fee rather than no fees at all, since per transaction and currency conversion costs can still apply, and a one time setup fee applies on Wise Business. Confirm the full fee card with the provider. This is general information, not advice.

Does Revolut Business have a free plan in Hungary?

Yes. As of 24 March 2026, Revolut Business offers a free Basic plan for registered companies in Hungary, with paid plans that add allowances and features. Some allowances are capped on the free plan, and per item and currency conversion fees can apply, so confirm the current limits with the provider.

Does Wise Business charge a monthly fee in Hungary?

No. As of 24 March 2026, Wise Business charges no monthly fee, with a one time setup fee to open the account and activate local account details. Conversion and some transfer fees still apply. Verify the current figures with the provider.

Do free accounts charge for international payments?

Usually yes, through a currency conversion margin and sometimes a transfer fee. As of 24 March 2026, providers such as Wise Business convert at the mid market rate plus a fee, and others apply a margin that varies by currency. This matters in Hungary because the forint is not the euro, so payments in euro or dollars convert. Rates change, so verify the current cost with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 24 March 2026. Confirm current terms with the provider before applying.