Notice of Migration to the Hungarian Branch and Updates to Terms & Fees
Date of publication: 17 March 2026
Effective date: 18 May 2026
Revolut Bank UAB Magyarországi Fióktelepe (the "Bank") hereby informs its customers that, in accordance with Section 279 (13)–(15) of the Hungarian Credit Institutions Act (Hpt.), the Fees listed below will be amended with effect from 18 May 2026.
Reason for the change
We are making these amendments to upgrade your account to a fully localized Hungarian banking experience. This allows us to offer you a local Hungarian bank account and dedicated local support, while ensuring our framework complies with new regulations and requirements.Furthermore, we are thrilled to introduce a reduction in our weekend foreign exchange fees for our paid plans.
Comparison of Changes
Document affected | Section | Old Term / Fee | New Term / Fee | Description of change |
Fees Page | Outbound Transfers and Payments (Local, SEPA, Cross-border, SWIFT, Card Transfers) | 0 Ft (Standard pricing applies based on plan and destination) | Standard base fee + Special Transaction Fee: A special transaction fee of 0.45% per transaction applies in case of transactions above 50,000 Ft | We’re introducing a special transaction fee to offset the operational cost of joining the local payment scheme. The 0.45% fee is capped at 20,000 HUF and only applies to the portion of the transfer that exceeds 50,000 HUF. Plan allowances: Standard and Plus: The fee applies to the portion of the transfers above 50,000 Ft. Premium and Metal: Customers have a 1,000,000 Ft monthly allowance (applied to the portion of their transfers exceeding 50,000 Ft) before fees are charged. This is separate from their existing plan benefit of unlimited free international transfers. Ultra: Customers are completely exempt from these fees. Exemptions: This fee does not apply to cash withdrawals or transfers between Revolut customers. Customers will also receive a 100% preliminary discount on this special fee for Currency Exchanges, valid until at least 31 December 2026. |
Fees Page | Weekend Exchange Fees | All Plans: 1% | Standard: 1% (No change) Plus: 0.5% Premium, Metal, Ultra: 0% | We are reducing the weekend foreign exchange markup for our paid plan customers. The Plus plan fee is cut to 0.5%, and Premium, Metal, and Ultra customers will now enjoy zero weekend fees. |
To view the full text of the new Terms, please visit our Personal Terms and Fee Pages.
Information regarding your rights
- Your right to Reject (2-months notice): We are providing our customers with two months' notice prior to these changes taking effect on 18 May 2026. If you do not accept these changes, you have the right to terminate your contract and close your account free of charge before the effective date. If you do not take action to close your account before 18 May 2026, you will be deemed to have accepted the new terms.
- Please note that you have the option to use the comparison website established pursuant to Government Decree 144/2018 (VIII. 13.), as well as the Bank Account Selector program operated by the National Bank of Hungary. These tools facilitate the free comparison of fees charged and interest rates applied by payment service providers regarding payment accounts maintained for consumers. You can compare the account offerings of domestic banks on the MNB’s bank account selector page available here.