Banking in Hungary

Most banks allow foreigners to open an account with just the presentation
 of a passport, but some banks also require a valid residence permit and/or a tax card. Banks charge a fee for openning a bank account and issuing a bank card.

Banking hours: Regular branches are usually open from 9 a.m. to 5 p.m. Monday through Thursday. On Friday, banks close earlier - usually at 3 or 4 p.m.

ATMs are common in Hungary and are accessible anytime. Most banks don’t charge fees as long as you use their machines, although there may be a limit to the number of transactions you can perform per month.

Bank Cards

You will be able to use your credit cards at larger stores around town. But when you shop in smaller grocery stores and souvenir shops, you might have to pay in cash.

Banks that have branches nearby the University

Citigroup (1.)

1051 Budapest, 1051 Budapest, Vörösmarty tér 4.

CIB Bank (2.)

1054 Budapest, Szabadság tér 15.

K&H Bank (3.)

1051 Budapest, Október 6. utca 7.

Unicredit Bank (4.)

1054 Budapest, Szabadság tér 5-6.

Raiffeisen Bank (5.)

1054 Budapest, Akadémia u. 6.

MKB (6.)

1051 Budapest, Szent István tér 11.

OTP (7.)

1051 Budapest Nádor u. 16


The most common ways of paying rent and utilities in Hungary is pre-authorized bank transfer or (yellow) postal checks.

- You can transfer money at every bank in person and most banks also provide e-banking services.

- Post offices are usually open Monday to Friday from 8 a.m. until 6 p.m.

The nearest post office to CEU can be found at Bajcsy-Zsilinszky út 16. (Near the Basilica)

Head post offices are open longer:

Nyugati Posta, Teréz krt. 51 Metro: M3 Nyugati tér, Monday to Saturday from 7a.m. until 9 p.m.

Keleti Posta, Baross tér 11, Metro: M2 Keleti pályaudvar, Monday to Saturday from 7a.m. until 9 p.m., Sunday: from 8 a.m. until 8 p.m.