ERSTE BANK HUNGARY Zártkörûen Mûködõ Részvénytársaság

ERSTE BANK HUNGARY Zártkörûen Mûködõ Részvénytársaság (Erste Bank Hungary Zrt.) is a Hungary-registered credit institution based in Budapest and part of Erste Group, operating under authorization and supervision of Magyar Nemzeti Bank (MNB). The bank provides services to retail, micro, SME, corporate, and public-sector clients, including HUF and foreign-currency current accounts, payment cards, term deposits, mortgage and consumer lending, working-capital and investment loans, trade finance, and cash management. Investment and fund products are available through group and partner entities, with brokerage and asset management offered under separate licenses; deposit balances are protected by the National Deposit Insurance Fund (OBA) up to the statutory limit per depositor per bank, while investment services fall under the Investor Protection Fund (BEVA) framework. Payment capabilities cover domestic HUF transfers through the GIRO system, including 24/7 instant credit transfers mandated in Hungary, EUR SEPA credit transfers, and cross-border SWIFT payments; PSD2-compliant access for licensed third parties is supported. Distribution channels include a nationwide branch and ATM network alongside online and mobile banking, contact center support, and remote onboarding for eligible products subject to identification and local regulations. The institution issues Mastercard and Visa cards and supports card controls and digital wallet compatibility where available; merchant acquiring and POS/e‑commerce solutions are accessible via group or partner providers. Standard consumer-protection, complaints-handling, and transparency obligations under Hungarian and EU law apply, with fee schedules, general terms, and product conditions published by the bank. Account opening, lending, and investment eligibility depend on verification, affordability, and risk assessments, and services may be limited for non-residents or certain legal entities; product availability, limits, and cut-off times are defined in official documentation and may change in line with regulatory or scheme rules.