IBAN for Hungary

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What is an IBAN Number in Hungary?

An IBAN (International Bank Account Number) is a standardized system used by banks worldwide to ensure the accuracy and efficiency of international money transfers. In Hungary, the IBAN number is required for cross-border transactions and serves as a unique identifier for a Slovak bank account.

The Hungary IBAN consists of 28 characters, which include both letters and numbers. It starts with the country code 'HU'
Iban hungary 3e685439d2

IBAN Format

What is the IBAN code format for Hungary?

IBAN in Hungary consists of 28 characters:
  • 2 letter country code
  • 2 digit check number
  • 3 characters for the bank's bank code
  • 4 digit branch code
  • 16 digit code for the bank account number
  • 1 digit code for the national check digit
Example: HU42 1177 3016 1111 1018 0000 0000
Iban format hungary bcdd440f45

Hungary IBAN structure

HU42 1177 3016 1111 1018 0000 0000
  • 1
    Country Code (2 letters)

    The first two characters of the IBAN represent the country where the bank account is located. For example, 'HU' for Hungary.

  • 2
    Check Digits (2 numbers)

    The next two digits are check numbers used for error-checking purposes. For example, '42' in the IBAN for Hungary. They help ensure the accuracy of the IBAN during the transaction process.

  • 3
    Bank Code (3 digits)

    In Hungary, the next 3 digits represent the specific bank code, such as '117', uniquely identifying the financial institution.

  • 4
    Branch Code (4 digits)

    The next 4 digits of the IBAN in Hungary indicate the branch code, such as '7301', which identifies the bank branch.

  • 5
    Bank Account Number (16 digits)

    The next 16 digits of the IBAN in Hungary indicate the individual bank account number within the identified bank, such as '6111110180000000'.

  • 6
    National Check Digit (1 digit)

    The final digit represents the national check digit, used to verify the account details. For example, '0' in the Hungarian IBAN.

Do we need IBAN for Hungary ?

Yes, you’ll need an IBAN (International Bank Account Number) if you want to send or receive international money transfers while in Hungary. A standard bank account number alone won’t be enough for cross-border transactions. The IBAN is essentially your bank account number with additional details to ensure that international transactions are processed securely and smoothly. All banks in Hungary will automatically provide an IBAN when you open an account.

IBAN Examples by country

Country name
SEPA
Length
IBAN Examples
BE
Belgium
Yes
16
BE68539007547034
CH
Switzerland
Yes
21
CH9300762011623852957
DE
Germany
Yes
22
DE89370400440532013000
EE
Estonia
Yes
20
EE382200221020145685
ES
Spain
Yes
24
ES9121000418450200051332
FI
Finland
Yes
18
FI2112345600000785
FR
France
Yes
27
FR1420041010050500013M02606
GB
United Kingdom
Yes
22
GB29NWBK60161331926819
HU
Hungary
Yes
28
HU42117730161111101800000000
IE
Ireland
Yes
22
IE29AIBK93115212345678

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