Opening a Business Account in Hungary
- Open a business account online in Hungary with a unique IBAN
- For EU and non-EU residents
- SEPA and SWIFT payments supported
- 24/7 access to your EU business account
- Protect your funds with 3D secure and 2FA
- No hidden fees

Solutions for corporate needs
Save funds
Deposit funds for future business purchases and other expenses
Transact with ease
Manage your daily transactions with clients, partners, and suppliers
Invest smartly
Invest your dividends or extra earnings to increase corporate capital
Simplified accounting
Keep track of your account balance and transaction history for efficient and transparent bookkeeping
Remote business account opening in Hungary
- Simple online application form
- Personal account management approach
- Increased data protection

Payment cards that cover your needs

Physical and virtual cards for any purchases
Contactless payments
Payroll programs
ATM withdrawals worldwide
Tailor-made pricing
Multiple currencies for cross-border payments
No more separate accounts for each foreign currency. Send and receive money around the world in 38 currencies with a multi-currency IBAN linked to a single account.

We have offices in 4 European countries. Therefore, it was essential for us to find a unified system that would help to close all financial issues in each of them. Ideally, remotely, since it’s not very convenient to wander between countries for opening accounts and conducting business.
Satchel helps a lot with it. For the entire time of working with them, there were no questions. And you know, taking into account that as an advertising agency we really love questions, that’s actually great.Viktor ShkurbaCEO at KA.KA.HA
Payroll program
- Batch payments using our API
- Issue from 3 to 100 cards
- Transfers directly from the Client office or the Satchel App
Our company operates worldwide and has been in business for over 20 years. We mainly use Satchel to make SEPA and SWIFT payments to our raw materials providers. I really like that we have been assigned a personal account manager who helps us with all processes and questions. In the age of chat bots, I really value this live communication. It’s also great that our money is stored in a segregated account, under full deposit protection of the Bank of Lithuania.
Alexander A.Head of Development at Trading company
Payroll program
- Batch payments using our API
- Issue from 3 to 100 cards
- Transfers directly from the Client office or the Satchel App
Discover the EU-China business direction
Make transfers in Chinese Yuan and Hong Kong dollars and expand your outreach to the Hungary, European and Chinese markets. Both Hungary and Chinese residents are eligible for account opening.
EU-China Payment InfrastructureAccounts can be opened for residents of the EU, Hungary, and China
Debit Mastercard card by Satchel
Meet the card you’ll love even more.
Link it to several accounts in different currencies
Pay in the currency of the transaction
Avoid currency exchange fees
Save your time
Safe & Sound
We adhere to highest EMI security standards to keep your money and personal data safe.
- Client money is stored on a segregated account with the National Bank of Lithuania
- Funds protection using 3D secure and 2FA

Choose the business account that suits you best
Choose your business account
Local
LT residents |
European
EU residents |
Ukrainian
UA residents |
International
non-EU residents |
|
---|---|---|---|---|
Monthly maintenance fee | € 4 | € 35 | € 5 | € 50 |
Additional account opening (sub-account) | € 50 | € 50 | € 50 | € 150 |
Instant transfers between Satchel users | Free | Free | Free | Free |
SEPA transfers (incoming) | Free | Free | Free | Free |
SEPA Instant transfers (incoming) | Free | Free | ||
SEPA transfers (outgoing) | ||||
SEPA Instant transfers (outgoing) | ||||
SWIFT transfers (incoming/outgoing) | ||||
Mastercard physical card | ||||
Virtual cards | ||||
Cash withdrawals across the globe | ||||
Mobile banking APP | ||||
In-app live chat support | ||||
All your money is protected by the Bank of Lithuania | 100% Secure | 100% Secure | 100% Secure | 100% Secure |
FAQ
A business (corporate) account is a type of financial account specifically designed to meet the needs of businesses. It is opened in the name of the company and is typically used for corporate transactions with partners, suppliers, and customers. With a corporate account, businesses can:
- Make payments (SEPA and SWIFT);
- Implement salary projects with payment cards (plastic and virtual);
- Get a variety of additional benefits, such as simplified reporting, auditing, and bookkeeping, etc.
Modern business accounts offer features such as online and mobile banking, allowing users to open an online account with no paperwork.
Opening a corporate account in Hungary is straightforward.
You have two choices: traditional banks or neobanks/EMIs like Satchel. The accounts available in both options offer the same functionality, as they provide a unique IBAN for conducting essential financial operations for your business.
The main difference between the two is the speed, convenience, and ease of account opening. With an EMI, the entire process is done online, from submitting the form to scanning documents and completing the onboarding.
At Satchel, corporate account options are available to both EU and non-EU residents, so you won’t need to make a trip abroad to open an account in person.
You will need to provide the following documents to open a business account with Satchel:
1. The online application form.
2. Copy of the business owner’s passport or ID (only for citizens or residents of the EU or the EEA).
3. Proof of address.
4. A detailed business description.
5. Corporate documents.
6. Supporting documents on clients/suppliers.
7. Documents with supporting information about initial funding.
8. Verification through the Ondato solution.
For more information, please visit the link.
Yes, you can open a business payment account in Hungary. Remote account opening has the following stages:
- Application form submission: Click “Open business account”, fill in the application form and upload the required documents;
- Onboarding: The time required to review your application form by our Compliance department.
- Once you submit your application, you will be emailed a link to create a password for logging into your account. This link will be valid for the next 24 hours.
- After reviewing your application, we will notify you by email of the outcome of the onboarding process.
- Unlike most of the traditional banks, we do not charge any fees for onboarding. We charge you only if your onboarding is successful according to the applicable fees.
Satchel provides digital financial solutions to customers all over the world. We welcome customers of any nationality. However, there is a list of countries that we do not onboard clients from. Please check our Blacklisted jurisdictions page to make sure your country is not listed.
Always at your service
For issues or questions, check out our FAQ page or contact us via phone, email or app chat.

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