Online business accounts and neobanks in Hungary

Snapshot

Online accounts and neobanks let a Hungary registered business open and run an account from an app, usually without a branch visit. As of 19 June 2026, Wise Business and Revolut Business are the most widely used cross border options, and Wise Business can provide local forint account details. Domestic digital options include GRANIT Bank and the app banking from established banks such as OTP and Erste. A neobank is strong on multi currency and low cost transfers, while a domestic bank account is often needed for local direct debits and some authority payments.

Cross border neobanks: Wise Business and Revolut Business, available to Hungary registered businesses as of 19 June 2026
Forint account details: Wise Business provides local forint details after a one time fee, as of 19 June 2026
Domestic digital: GRANIT Bank, plus app banking from OTP, Erste and others
When a local bank still helps: Hungarian direct debits and some authority payments. Verify with the provider.

Fees and features as of 19 June 2026Last reviewed 19 June 2026

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

Online accounts and neobanks let a Hungary registered business open and manage an account from an app, usually without visiting a branch. As of 19 June 2026, Wise Business and Revolut Business are the most widely used cross border providers for businesses in Hungary, Wise Business holds many currencies and can provide local forint details, and Revolut Business holds several currencies on its plans. Domestic digital options include GRANIT Bank and the mobile banking from established banks such as OTP and Erste. A neobank tends to win on multi currency and low cost transfers, while a Hungarian bank account can still be useful for local direct debits. Compare current fees and features with the provider.

How online accounts and neobanks work in Hungary

An online account or neobank is opened and run through an app rather than a branch. For a Hungary registered business this usually means faster onboarding, card and transfer controls in the app, and lower headline fees than a traditional account, in exchange for limited cash handling and, for some providers, no local direct debit support. The right choice depends on whether the business mostly sends and receives money digitally or needs branch services and local collection.

Cross border neobanks

As of 19 June 2026, Wise Business and Revolut Business both serve businesses registered in Hungary. Wise Business is free to open, charges a one time fee for local account details including forint details, and converts at the mid market rate plus a fee. Revolut Business works on monthly plans that bundle an allowance of transfers and exchange, with fees above the allowance. Verify the current plan fees and supported currencies with the provider.

Domestic digital options

Hungary also has domestic digital banking. As of 19 June 2026, GRANIT Bank offers online account opening, and established banks such as OTP and Erste run mobile banking for business customers. A domestic account provides a Hungarian IBAN for local direct debits and authority payments, which a cross border neobank may not fully cover. Confirm the current account fees and features with the bank.

What to check on an online account

When comparing online accounts and neobanks in Hungary, check these points, as of 19 June 2026. Verify with the provider

Whether you get a Hungarian forint IBAN and whether local direct debits are supported.
The monthly fee, the transfer and card fees, and any conversion margin on the currencies you use.
Cash handling, since most neobanks do not accept cash deposits.

How to compare online accounts

Decide whether you need a Hungarian forint IBAN and local direct debits, or mainly multi currency transfers.
Compare monthly, transfer and conversion fees on the volumes and currencies you actually use.
Confirm onboarding requirements and current fees with the provider before you apply.

Compare business accounts available in Hungary

These providers offer business accounts to customers registered in Hungary. Fees and eligibility shown as of 19 June 2026. Confirm current terms with the provider before applying.

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Questions about business banking in Hungary

Which neobanks serve businesses in Hungary?

As of 19 June 2026, Wise Business and Revolut Business are the most widely used cross border neobanks for businesses registered in Hungary, and domestic digital options include GRANIT Bank and the mobile banking from established banks such as OTP and Erste. Availability and acceptance depend on the business, so verify with the provider. This is general information, not advice.

Can a neobank give me a Hungarian forint account?

Wise Business can provide local forint account details after a one time fee, as of 19 June 2026, which lets a business receive forint like a local. A domestic bank account also gives a Hungarian IBAN. Support and any local direct debit handling vary by provider, so confirm the current details before applying.

Are online accounts cheaper than a traditional bank?

Often on headline fees, yes. As of 19 June 2026, neobanks tend to charge lower monthly and transfer fees and convert near the mid market rate, while traditional banks bundle branch services and local direct debits. The cheaper option depends on your volumes and whether you need cash handling, so compare the rate cards with the providers.

Can I run my whole business on a neobank in Hungary?

Many businesses do, but it depends on your needs. As of 19 June 2026, neobanks are strong on multi currency and digital transfers but usually do not accept cash and may not support every Hungarian direct debit or authority payment. Some businesses keep a domestic account alongside a neobank. Verify what each provider supports before relying on it.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 19 June 2026. Confirm current terms with the provider before applying.