Close a Bank Account in Hungary

Who it is for

This service is for people who need to close a bank account in the country but find it hard to do, often from abroad. It suits people who have moved away, such as former workers, students or retirees. It can also help when the account of a family member who has died needs closing and the money passed on according to their will. Language barriers and unfamiliar bank rules can make this difficult.

What is needed

• You must be the rightful owner of the account.
• Valid ID, such as a passport or residence card, and proof that the account is yours.
• If you are not in the country, you may need a power of attorney (a document letting someone act for you).

What happens

• Your situation is discussed.
• The needed papers are collected and checked.
• The bank is contacted to find out its own requirements.
• Forms are filled in and sent to the bank.
• All contact with the bank is handled.
• You get confirmation once the account is closed.

Why it can help

Closing an account on time can avoid extra fees and stop an unused account from being misused. It can all be done without you being there in person.