HUF – Hungarian Forint
The payment processing of this currency is considered to be highly standardised.
- Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency does not have any decimal places.Payments in HUF toward Hungary
Besides the standard information, the IBAN format is mandatory (see Appendix VI).Payments in HUF outside Hungary
The IBAN format is mandatory (see Appendix VI).
- Instructions, technical guidelines & more
To consult the Technical Guidelines of this currency, click hereTECHNICAL GUIDELINES
To consult the Appendix(es) click hereAppendix VI: IBAN Application Rules
- Additional information
• Available charge options: OUR/SHA/BEN
In principle, for payments subject to the Payment Services Directive (PSD) and without currency conversion, only shared charges are allowed.
• Central bank of Hungary: http://english.mnb.hu/