Free directory of all 70 correspondent bank SWIFT/BIC codes registered in HUNGARY. Click any bank to view its full record and track an international SWIFT payment routed through it.
Hungary's VIBER RTGS processes HUF settlements and is supplemented by the AFR (Azonnali Fizetési Rendszer) instant payment system, which MNB launched in 2020. OTP Bank — Central Europe's most profitable bank — Erste Bank Hungary, and K&H Bank dominate correspondent banking. The Budapest financial centre processes large FX flows from Germany-linked automotive supply chain payments and EU structural fund disbursements.
| RTGS / Settlement System | VIBER (Valós Idejű Bruttó Elszámolási Rendszer — MNB RTGS) |
|---|---|
| Currency | HUF — Hungarian Forint |
| Central Bank | Magyar Nemzeti Bank (MNB) |
| Typical SWIFT Timing | Same day (VIBER); 1–2 days (international) |
Most international SWIFT wires arrive in Hungary within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Hungary processes large-value interbank settlements through VIBER. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is HUF — Hungarian Forint. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 70