how to your use IBAN number

The EU’s standard for bank account numbers, IBAN (International Bank Account Number), was adopted by Hungary on 1st January, 2003. IBAN unambiguously identifies the account holding country, the bank managing the account, and the account holder. Using your IBAN together with BIC (Bank Identifier Code, also called SWIFT) you can manage your international finances swiftly and reliably.

The European Union is making significant efforts to harmonize the conditions of transactions involving the common currency. As a first step, a single international bank account number, IBAN, was introduced. IBAN, together with the international bank identifier code, BIC, standardizes the identification of banks and bank accounts, thus facilitating the automation of payment transactions.

What is IBAN?

IBAN stands for International Bank Account Number. Its length and structure may vary from country to country, but it always starts with the country’s standard ISO 1366 code. Although IBAN was originally introduced in the EEA, several non-member states followed suit (see below).

The structure of Hungarian IBANs:

  1. characters 1-2: Hungary’s ISO 1366 code: HU;
  2. characters 3-4: check digit;
  3. characters 5-28: Hungarian GIRO account number.

What is BIC/SWIFT?

The bank identifier code identifies banks in payment transactions, and ensures that every payment finds its way to the payee’s bank. The BIC, also called SWIFT consists of 8 or 11 characters, of which characters 5-6 represent the country’s ISO code, and must be the same as characters 1-2 in the IBAN (e.g. HU for Hungary).

It is always a good idea to state the BIC/SWIFT code as specifying solely the bank’s name will always leave some room for error.

Please enter the BIC/SWIFT code of the payee’s bank in the appropriate field.

Why it is important to use the IBAN and BIC/SWIFT codes:

It is highly advisable that you state the payee’s IBAN number and their bank’s BIC number in the appropriate fields when you make payments within the European Economic Area. Otherwise you may incur extra costs, or your transfer order may get rejected altogether.

It is also important that every customer of ours – you included – informs their partners of their IBAN and K&H Bank’s BIC codes, which is OKHBHUHB.

You should also ask your partners to disclose to you their IBAN number and their bank’s BIC code.

How to find out your IBAN

  • it is shown on your account statements
  • you can ask any of our branches  
  • you can ask our help desk (K&H TeleCenter, K&H Cégvonal or K&H Corporate Help Desk)

How to use the IBAN number

When you submit a foreign-currency transfer order on paper or electronically, state the payee’s IBAN in the relevant field.

The IBAN needs to be written without any spaces or hyphens, with nothing else added to it (e.g. a reference to ‘IBAN’).

If you want to check whether the IBAN disclosed to you by your partner fits their country’s standard structure, please visit our website for help.

More information

Members of the European Economic Area – EEA:

The 27 EU member states (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxemburg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom) as well as Iceland, Liechtenstein, and Norway. 

samples for the IBAN format by country

country

No. of characters

electronic account number format

Albania

28

AL47212110090000000235698741

Andorra

24

AD1200012030200359100100

Austria

20

AT611904300234573201

Azerbaijan

28

AZ21NABZ00000000137010001944

Bahrein

22

BH67BMAG00001299123456

Belgium

16

BE62510007547061

Bosnia and Hercegovina

20

BA391290079401028494

Brazil

29

BR9700360305000010009795493P1

British Virgin Island

24

VG96VPVG0000012345678901

Bulgaria

22

BG80BNBG96611020345678

Costa Rica

21

CR0515202001026284066

Croatia

21

HR1210010051863000160

Cyprus

28

CY17002001280000001200527600

Czech Republic

24

CZ6508000000192000145399

Denmark

18

DK5000400440116243

Dominican Republic

28

DO28BAGR00000001212453611324

Estonia

20

EE382200221020145685

Finland

18

FI2112345600000785

France

27

FR1420041010050500013M02606

Georgia

22

GE29NB0000000101904917

Germany

22

DE89370400440532013000

Gibraltar

23

GI75NWBK000000007099453

Greece

27

GR1601101250000000012300695

Guatemala

28

GT82TRAJ01020000001210029690

Hungary

28

HU42117730161111101800000000

Iceland

26

IS140159260076545510730339

Ireland

22

IE29AIBK93115212345678

Israel

23

IL620108000000099999999

Italy

27

IT40S0542811101000000123456

Jordan

30

JO94CBJO0010000000000131000302

Kazakhstan

20

KZ86125KZT5004100100

Kuwait

30

KW81CBKU0000000000001234560101

Latvia

21

LV80BANK0000435195001

Lebanon

28

LB62099900000001001901229114

Lichtenstein

21

LI21088100002324013AA

Lithuania

20

LT121000011101001000

Luxemburg

20

LU280019400644750000

Macedonia

19

MK07300000000042425

Malta

31

MT84MALT011000012345MTLCAST001S

Mauritania

27

MR1300020001010000123456753

Mauritius

30

MU17BOMM0101101030300200000MUR

Moldova

24

MD24AG000225100013104168

Monaco

27

MC58 11222 00001 0123456789030

Montenegro

22

ME25505000012345678951

Netherlands

18

NL39RABO0300065264

Norway

15

NO9386011117947

Pakistan

24

PK36SCBL0000001123456702

Palestine

29

PS92PALS000000000400123456702

Poland

28

PL27114020040000300201355387

Portugal

25

PT50000201231234567890154

Qatar

29

QA58DOHB00001234567890ABCDEFG

Romania

24

RO49AAAA1B31007593840000

San Marino

27

SM86U0322509800000000270100

Saudi Arabia

24

SA0380000000608010167519

Serbia

22

CS73260005601001611379

Slovakia

24

SK3112000000198742637541

Slovenia

19

SI56191000000123438

Spain

24

ES0700120345030000067890

Sweden

24

SE3550000000054910000003

Switzerland

21

CH9300762011623852957

Tunisia

24

TN5914207207100707129648

Turkey

26

TR330006100519786457841326

United Arab Emirates

23

AE000030000123456789012

United Kingdom

22

GB29NWBK60161331926819

BIC (SWIFT) code of Hungarian banks

bank name

SWIFT code

BNP Paribas Hungária Bank

BNPAHUHX

Budapest Bank

BUDAHUHB

CIB Bank

CIBHHUHB

Citibank Budapest

CITIHUHX

Commerzbank

COBAHUHX

Credigen Bank

CRDGHUHB

Deutsche Bank

DEUTHU2B

Dresdner Bank (Hungaria)

DRESHUHX

ERSTE Bank Hungary

GIBAHUHB

FHB Bank

FHKBHUHB

Gránit Bank

GNBAHUHB

Hanwha Bank Hungary

KULBHUHB

Magyar Fejlesztési Bank

HBIDHUHB

ING Bank

INGBHUHB

K&H Bank

OKHBHUHB

Magyar Export Import Bank

HEXIHUHB

MKB Bank

MKKBHUHB

Magyar Nemzeti Bank

MANEHUHB

Magyar Takarékszövetkezeti Bank

TAKBHUHB

OTP Bank

OTPVHUHB

Raiffeisen Bank

UBRTHUHB

UniCredit Bank

BACXHUHB