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
Tamerlan Mendybayev – Faculty of Agriculture
My name is Tamerlan Mendybayev. I am from capital of Kazakhstan, Nur-Sultan. Currently I am first year student at the Faculty of Agriculture. I chose the University of Szeged as my study destination for several reasons: firstly, it is a well-known applied science institution in Europe and the best in Hungary. Secondly, the program is designed with a significant focus on the developing practical skills of the students and there is a University pilot farm where students keen their skills and implement their knowledge in practice. Undoubtedly, University of Szeged is a place where students become professionals in their academic field.
Ferdous Rahman – Faculty of Law and Political Sciences
My name is Ferdous Rahman and I am from Bangladesh. I am pursuing doctoral studies at the Department of Private International Law at the Faculty of Law and Political Science under the Stipendium Hungaricum Programme. Currently I am in the first year of my four-year PhD programme. I came to know about SZTE while exploring for the Stipendium Hungaricum programme. Among the other available options, this was my first choice. Apart from its excellent ranking, I got my supervisor with similar research interest. The increasing number of international students gave me a comfort of having a cosmopolitan environment. After starting my studies here in September 2019, I am convinced that I could not expect more. For prospective students, I would advise that SZTE can be their next home as I got mine. Everyone here including the professors, the administrators, and the students are very friendly and helpful. They make studies a joyous journey instead of pile of classes and books. After my graduation, I will return to my home country. The knowledge and the experience that I have been receiving here will be a great resource for my academic career. I intend to continue my research further and expect to contribute to policy formulation at national and international level."
