Hungary · Non resident accounts

Non resident business accounts in Hungary

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 17 February 2026
Snapshot

A non resident can open a Hungarian business account, but in practice the account belongs to a business that is registered in Hungary, so most non residents first form a Hungarian company or branch. Traditional banks usually ask for translated company documents and an in person visit, while providers such as Wise Business and Revolut Business open online once the company exists. As of 17 February 2026, expect a few weeks for a traditional bank and same week onboarding for the digital providers.

Who can open
A business registered in Hungary, including one owned by non residents
Typical traditional route
Translated company documents, identity checks, often an in person visit, around two to four weeks
Digital route
Wise Business and Revolut Business open online for a Hungary registered business, as of 17 February 2026
Personal account
A non resident individual can open a personal account separately. Verify with the bank.
Fees and features as of 17 February 2026Last reviewed 17 February 2026

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

A non resident can hold a business account in Hungary, but the account is opened in the name of a business, so the usual first step is to register a Hungarian company or branch. Once the company exists, a traditional bank typically asks for translated incorporation documents, director and beneficial owner identity, proof of address and a tax number, and often an in person visit, with the account live in roughly two to four weeks. Digital providers such as Wise Business and Revolut Business can open online for a Hungary registered business. As of 17 February 2026, both serve businesses in Hungary, and Wise Business can provide forint account details. Confirm the current document list and any residency conditions with the provider.

How non resident business accounts work in Hungary

Hungary lets residents and non residents bank in the country, but a business account is opened for a legal entity, not a person. That means a non resident founder usually registers a Hungarian company, most often a Kft, or a branch of a foreign company, and the account is opened in that entity name. The owner can be foreign, so non resident ownership itself is not a barrier. The practical work sits in the documents and the identity checks.

The traditional bank route

As of 17 February 2026, a Hungarian bank typically asks a non resident owned company for its certificate of incorporation, articles of association, company registry number and tax number, identity documents for directors and beneficial owners, proof of address and a description of the business activity. Documents issued abroad usually need an official Hungarian translation, and many banks still require a director to attend in person to open the account. Confirm the exact list and whether a visit is required with the bank.

The digital route

As of 17 February 2026, Wise Business and Revolut Business onboard a Hungary registered business online, which removes the in person visit for many founders. Wise Business can provide local forint account details alongside other currencies, and Revolut Business holds several currencies on its plans. Eligibility still depends on the business activity and the owners, so verify acceptance and the current document list with the provider.

What a non resident should check

When opening as a non resident, confirm these points, as of 17 February 2026. Verify with the provider

  • Whether the provider will open for your company type and your country of residence.
  • Which documents need an official Hungarian translation, and whether notarisation is required.
  • Whether an in person visit is needed, or whether onboarding is fully online.

Steps to open as a non resident

  1. Register a Hungarian company or branch and obtain its company registry number and tax number.
  2. Gather director and beneficial owner identity, proof of address and translated company documents.
  3. Apply with a provider, confirming current acceptance and document requirements before you start.

Compare business accounts available in Hungary

These providers offer business accounts to customers registered in Hungary. Fees and eligibility shown as of 17 February 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about business banking in Hungary

Can a non resident open a business account in Hungary?
Yes, but the account is opened for a business that is registered in Hungary, so a non resident usually first forms a Hungarian company or branch. Non resident ownership of that company is allowed. As of 17 February 2026, traditional banks ask for translated company documents and often an in person visit, while Wise Business and Revolut Business can open online for a Hungary registered business. Verify the current requirements with the provider. This is general information, not advice.
Do I need to visit Hungary in person?
Often for a traditional bank, yes. As of 17 February 2026, many Hungarian banks still require a director to attend in person to open a company account, although some accept remote onboarding. Digital providers such as Wise Business and Revolut Business onboard online. Confirm whether a visit is required with the bank before you travel.
What documents does a non resident company need?
As of 17 February 2026, expect the certificate of incorporation, articles of association, company registry number and tax number, identity documents for directors and beneficial owners, proof of address and a description of the business activity. Documents issued abroad usually need an official Hungarian translation, and sometimes notarisation. The exact list varies by bank, so verify it before applying.
How long does it take?
As of 17 February 2026, a traditional Hungarian bank account for a non resident owned company typically takes around two to four weeks once documents are ready, while digital providers can onboard within the same week. Timelines vary with the checks involved, so confirm the current expectation with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 17 February 2026. Confirm current terms with the provider before applying.

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