MAGNET BANK ZRT. SWIFT codes — HBWEHUHBXXX

Head office SWIFT code in Hungary

Branch name

MAGNET BANK ZRT.

Branch address

ANDRASSY UT 98 1062

SWIFT/BIC code

HBWEHUHB

Bank name

MAGNET BANK ZRT.

City

BUDAPEST

HBWEHUHBXXX
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What is a SWIFT/BIC Code?

A SWIFT code is an 8 to 11-character alphanumeric code that uniquely identifies a bank or financial institution in international transactions. It is assigned by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a Belgium-based network established in 1973 and used by over 11,000 banks in 200+ countries. BIC (Bank Identifier Code, ISO 9362) is simply the formal name for the same code — every SWIFT code is a BIC, and every BIC used for SWIFT messaging is a SWIFT code.

HBWE

Bank code

4 letters identifying the bank

HU

Country code

2 letters (ISO 3166-1)

HB

Location code

2 characters for city/region

XXX

Branch code

3 characters (XXX = head office)

Other banks in Hungary

SWIFT/BIC codes for other widely-used banks in Hungary. Browse all banks in Hungary.

FAQs

What is the SWIFT code for MAGNET BANK ZRT.?expand_more
The SWIFT code for MAGNET BANK ZRT. is HBWEHUHB. In this code, HBWE identifies the institution, HU is the country code for Hungary, and HB is the location identifier (BUDAPEST). This 8-character code refers to the head office.
How do I send money to MAGNET BANK ZRT. in Hungary?expand_more
To send money to MAGNET BANK ZRT., provide the SWIFT code HBWEHUHB along with the recipient's account number to your sending bank. A standard SWIFT transfer to Hungary typically takes 2–4 business days and may incur $20–$45 in intermediary fees. Alternatively, Alaan SuperPay can deliver funds same-day with zero transfer fees.
Does MAGNET BANK ZRT. have branch-specific SWIFT codes?expand_more
No. MAGNET BANK ZRT. uses a single SWIFT code (HBWEHUHB) for all transactions. This bank does not have branch-level codes registered in the SWIFT network.
What currency does MAGNET BANK ZRT. use for incoming transfers?expand_more
MAGNET BANK ZRT. in Hungary receives international transfers in Hungarian Forint (HUF). When you send via SWIFT, the payment is typically converted to HUF by the receiving bank. SuperPay transfers are settled directly in HUF at competitive FX rates.
Is HBWEHUHB the correct SWIFT code for MAGNET BANK ZRT.?expand_more
HBWEHUHB is the verified head office SWIFT code for MAGNET BANK ZRT. in Hungary. This code is valid for all transactions with MAGNET BANK ZRT.. When in doubt, the 8-character head office code is generally accepted by the SWIFT network.

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