2022. October 5., Wednesday

Opening a bank account

Hungarian banks provide a comprehensive range of banking services, including account management, currency exchange, pension funds, insurance and mortgages.


In most cases, it is necessary to have a valid residence permit and address card in order to open a bank account. Some banks allow foreigners to open an account with just the presentation of a passport.


Usual costs of opening an account include:

  • Opening fee
  • Bank card fee
  • Account management services


For different currencies, it is necessary to open a separate account.

In case you are wondering about which bank you should choose, you might opt for OTP and MKB, since SZTE has a special agreement with them.


SZTE Experience

95930002_620793281842686_908476219798847488_oDianne - Faculty of Science and Informatics

I am a PhD student and a Stipendium Hungaricum scholarship holder from the Philippines. I am currently pursuing my PhD in Environmental Science and I happen to be in my 3rd year of studies. I chose University of Szeged because its one of the top ranked research university in Hungary known for its good reputation in the fields of health and natural sciences. Coming from the Philippines with a warm climate, I had huge preference of Szeged for my studies, the city having the most rays of sunshine and considered to be the warmest place in Hungary. I would advise all the prospective students to join University of Szeged’s diverse and vibrant community! Don’t be afraid to leave your comfort zone, try to find and establish your niche in a new place like what I did. I didn’t regret coming to Szeged as it continuously provides me an enabling learning environment for various reasons, has affordable cost of living, very safe and calm university town, organized transport system, beautiful and clean surroundings with the very sightly Tisza River which adds to its appeal, and also holds many festivals throughout the year. After graduation, I am planning to go back to my home institution and continue my teaching duties at the University of the Philippines Los Baños

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Nikki - Faculty of Health Sciences and Social Studies

My name is Nikki and I am from Iran. Currently I am a second year student studying Physiotherapy at the University of Szeged. I really like the Environment of Szeged as it is a true University City where you can meet people from around the world. I consider Szeged as my second home since I have established my own path here and I have a lot of friends who make me feel home. The reason why I came to Szeged is because I was informed by one of my friends about the fact that the University degrees are EU accredited and will help me to reach my goals and open doors for future job opportunities. Once I have obtained my degree, I would like to stay in Hungary and pursue a post graduate program. Later on I will seize the opportunity to gain some job experience in my field here in Hungary before I hold my ground in Europe.

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