Bank Payouts / Payout formatting / Hungary

Hungary

Last updated: 14th July 2022

Basic information

Country code	HU
Supported currency	EUR
Scheme	SEPA: Minimum amount (local currency): 0.01 Maximum amount (local currency): no maximum Cut-off time: 11:30 GMT Settlement: T+1 next day

Payment information

Beneficiary information

Beneficiary type	The type of account holder. Set this to `individual`.	`account_holder.type` required enum
Beneficiary name	The account holder's first and last name.	`account_holder.first_name` required string
Beneficiary name	The account holder's first and last name.	`account_holder.last_name` required string
Beneficiary address	The account holder's address.	`account_holder.billing_address.address_line1` optional string
		`account_holder.billing_address.address_line2` optional string
		`account_holder.billing_address.address.city` optional string
		`account_holder.billing_address.address.zip` optional string
		`account_holder.billing_address.address.country` required enum, 2 characters This must be a two-letter ISO code.

Bank details

IBAN	The account holder's IBAN.		`iban` required string, 20 characters
SWIFT BIC	The account holder's SWIFT BIC.		`swift_bic` required STRING, ^[A-Z]6[A-Z0-9]2([A-Z0-9]3)?$

Beneficiary information

Beneficiary type	The type of account holder. Set this to `corporate`	`account_holder.type` required enum
Beneficiary name	The account holder's company name.	`account_holder.company_name` required string
Beneficiary address	The account holder's adress.	`account_holder.billing_address.address_line1` required string
		`account_holder.billing_address.address_line2` optional string
		`account_holder.billing_address.city` required string
		`account_holder.billing_address.zip` optional string
		`account_holder.billing_address.country` required enum, 2 characters This must be a two-letter ISO code.

Bank details

IBAN	The account holder's IBAN.		`iban` required string, 20 characters
SWIFT BIC	The account holder's SWIFT BIC.		`swift_bic` required STRING, ^[A-Z]6[A-Z0-9]2([A-Z0-9]3)?$

Example

{
  "type": "bank_account",
  "iban": "CH5604835012345678009",
  "swift_bic": "CHBKPHMMXXX",
  "currency": "EUR",
  "country": "HU",
  "account_holder": {
    "first_name": "John",
    "last_name": "Smith",
    "address_line1": "99 Windsor Road",
    "address_city": "Budapest",
    "country_code": "HU",
    "billing_address": {
      "address_line1": "99 Windsor Road",
      "country_code": "HU",
      "address_city": "Budapest"
    }
  }
}