Hungarian Forint Payments

We provide a wide range of services to manage your receivables, payments and fulfill orders on your current account. Outgoing transactions can be initiated personally in any UniCredit Bank branches or using our electronic banking solutions.

Batch Transfers

A batch transfer order is a grouped or bundled order for small amount payments with the same title. With the help of batch transfer it is possible to carry out regular operations like paying salaries to employees and settling the invoices of vendors or business partners in one batch in each account period.

Direct Debit

Products are offered primarily to public utility and financial service providers who may use this batch collection option instead of postal- or bank transfer orders. This way, it is possible to reduce their administrative obligations as well as to make the settlements of their invoices easier to forecast, if they choose to charge the accounts of their clients with the due amounts via direct debits.

Standing Orders

This service provides our clients the opportunity to have the bank carry out the following transfers:

• Fixed-amount orders to be paid regularly at a predefined time
  
• Orders concerning the minimum or maximum amount remaining above the limit

Custom payments

In order to accelerate the transfer of goods, UniCredit Bank offers a customs payment service, through which customs offi ces get almost immediately informed of payments related to customs processes (such as registration tax, excise tax, environmental surcharge etc.). This information is forwarded to the Hungarian Customs and Finance Guard via a so-called electronic banking message sending system (EBÜK).

Based on an agreement between the National Tax and Customs Administration of Hungary (NAV) and UniCredit Bank, any giro transfers from our clients initiated via electronic means (SpectraNet Internet Bank, Spectra, Spectra Light, MultiCash client program or the UniCredit Telefonbank) or hard copy form, as well as any cash payments made in our branch offi ces to the NAV’s accounts are almost immediately regarded by NAV as settled, thus enabling them to release the merchandise. Therefore, it is also no longer necessary to provide a physical (printed) proof of such payment in customs offices. You only have to submit the Decision Number, which can be checked by the customs offi ce in their own system.

Since UniCredit certifies the payment of all necessary duties to the NAV within a maximum of fifteen minutes, our clients can have free disposal of their merchandise subject to customs duties almost immediately after paying such duties. Also, our clients do not need to visit our branch offi ce in person to initiate the transactions, since they can do it through one of the electronic channels, right from their own office.

Clientele Informative - Information System for Customs Payments

EFER transfers

You can settle your company’s payment obligations to public institutions joining the EFER, such as the National Tax and Customs Authority (NAV) or the National Judicial Authority (OBH) faster and more easily.

What are the advantages of EFER transfers?

• Comfortable administration: after logging into the electronic banking system, at the website of the beneficiary authority, you will receive the preliminarily completed order matching the recorded data, so all you will need to do is approve the payment transaction.
• Opportunity to reduce transaction fees: the individual authorities can provide an opportunity for the aggregate fulfilment of payments made under various titles (e.g. using a so-called division order, payment obligations to NAV can be fulfilled at once for several tax types at the same time); as such, through the lower number of transactions and the aggregate payment amount, bank transaction charges can be saved.

How can you use this service?

EFER transfers are available for all of our clients holding a HUF payment account at our bank with a related Spectra (v.6.02), SpectraNet or SpectraNet Mobile access. The precise conditions are included in the bank’s General Terms and Conditions, while the fees are indicated in the lists of conditions.

EFER transfers can only be fulfilled towards public institutions joining the EFER system. The individual beneficiary authorities give their own instructions regarding the method of launching EFER transfers, therefore please consult the affected authority’s website or customer service.

NAV (National Tax and Customs Authority): http://nav.gov.hu/nav/archiv/adoinfo/egyeb/tajekoztato_az_efer_rendszer_bevezeteserol.html

OBH (National Judicial Authority): http://birosag.hu/allampolgaroknak/csod-es-felszamolasi-eljarasok/i-fizetes

Foreign Currency Payments

We credit our client’s receivables to their accounts denominated in foreign currency and execute the payment orders in favour of the instructed accounts. Outgoing transactions can be initiated personally in any UniCredit Bank branches or using our electronic banking solutions.

Sepa transfer

SEPA (Single Euro Payments Area) transfer can be used for both domestic and cross-border euro payments in EU member states as well as Iceland, Liechtenstein, Norway and Switzerland. As a Client of UniCredit Bank you are entitled to  send and receive SEPA transfers. This payment option is available through our electronic banking applications.

Chinese Yuan

UniCredit Bank has launched its CNY transaction services among the first providers on the Hungarian market which enables our clients to hold current accounts and conduct their business activities in Chinese Yuan.

The second largest national economy of the world, China—in parallel with implementing a more relaxed exchange rate policy and a gradual opening of money markets—actively supports strengthening the role of yuan in international trade and finances.


Why is it worth?

Contracts denominated in yuan may mean not negligible administrative relief and cost saving for Chinese partners, therefore foreign exporters/importers who are able to administer their payment transactions may get significant competitive advantage over the enterprises who still trade (typically) in US dollars or euros with their Chinese partners.

Clientele Informative - Account keeping in chinese yuan

IBAN calculator

With the help of the below tool you can generate the IBAN format of your UniCredit account number by entering your local account number. The same number is stated in the top left corner of your account statement.

You can also validate your partners' IBANs by entering them without special characters (e.g. "-" ";") and spaces. (e.g. BE62510007547061)

IBAN calculator

HUF Cash transactions

Our clients and the entitled persons can pay in and withdraw cash at our counters or the UniCredit ATMs.

Postal cash transfer order

If you wish to enable your clients to fulfil their financial obligations via postal cash payment, this is made possible by postal cash transfer orders (“yellow cheque”). Amounts paid this way are processed by the clearing centre of the Hungarian Post JSC (PEK) on the day following the payment and transferred to UniCredit the next day. Our Bank credits the transferred amounts to the accounts of beneficiaries named on the transfer orders. The detailed data of credited items are provided to our clients via our electronic services and the copies of the cheques can also be forwarded to our clients by e-mail. Upon request, our Bank will cooperate in preparing the necessary order form as well as in having it certified by the Hungarian Post.

As of October 2014 a QR code based electronic payment method is also available for the settlement of “yellow cheques”. The electronic payments are redited to the benefi ciary account on the banking day after the settlement is made.

Cash transport and processing

For safe handling of cash it is possible to employ a cash transport company - occasionally or regularly - to deliver the money to the Bank. This service is recommended to clients with an extended network, for whom the safe transportation and handling of their daily revenues is a problem. The partner companies of our bank offer the following services to our clients:

• Occasional transportation of cash and assets between the client’s headquarters and the bank
  
• Cash and assets processing as well as depositing to the client’s bank account
  
• Transportation of other assets

Night safes and cash depositing in bags

The Night Safe service of our Bank relieves our clients of the risk of keeping their cash with themselves. The amounts deposited in night safes outside the Bank’s opening hours are credited to our Clients’ bank accounts on the day following the emptying of the safe. Large amounts in HUF or other currencies can be deposited using the Bank’s standardized bags by taking them personally to the Bank. The bags are carried to the bank by the account holder and the bank credits the deposited amount to the client’s account the next day.