Sort Code / Clearing Code / Bank Codes, Branch Codes, Swift Codes.

What is Hangary Bank & Branch Office Code?

In Hungary, each Bank Branch has been allotted a 8 digits unique code. This 8 digits code is called Bank & Branch Office Code or routing number or sort code. First 3 digits from left of the routing number depicts the Bank Code. Characters 4-7 from left of the routing number, 4 digits are Payment Institution Specific and are called branch code and 8th Character is Control number generated by a rule. The 8 digits number is called routing number and is allotted to each Bank Branch. This 8 digit no. is also called sort code.

Purpose of Hungary Banks & Branch Office Codes

Hungary Account contains Bank & Branch Codes to identify bank & branch. IBAN of Hungary also contains Bank & Branch Office Code to identify a Bank Branch. IBAN is widely used for SEPA Payment Transactions & International Payment Transactions.

BIC Code / SWIFT Codes are used in Hungary by Banks to transfer payments from one Bank Account to another Bank Account, within a Bank Branch or between a Bank's different branches or between different Banks.

How to find hungary Bank Accounts Bank & Branch Office Code

Hungary Bank Account contains Bank & Branch Office Code. Bank & Branch Office Codes are also included in Hungary IBAN No. In Hungary IBAN Numbers, check Character 5-7 are your Bank Code and 8 to 11 from left are your Branch Code and 12th Character is control no. and 13th to 24 are your Bank Account Number. In Hungary IBAN No. Characters from 5-12 are called Bank and Branch Office Code. It is also called routing number.