Devizaszámlákon

Devizaszámlákon are foreign currency accounts held in Hungarian banks. These accounts allow individuals and businesses to hold, manage, and transact in currencies other than the Hungarian Forint (HUF). Common foreign currencies available include Euros, US Dollars, and British Pounds, though other currencies may also be offered depending on the financial institution.

The primary purpose of a devizaszámlá is to mitigate foreign exchange risk for those who regularly deal with international transactions, receive payments in foreign currency, or wish to save or invest in a foreign currency. By holding funds in the relevant foreign currency, account holders can avoid potential losses due to fluctuations in the exchange rate between HUF and that currency.

Opening a devizaszámlá typically requires the same identification and verification procedures as opening a HUF account. Fees and interest rates can vary significantly between banks and for different currency types. Transactions conducted through these accounts, such as transfers, withdrawals, or currency conversions, may incur specific charges. Some banks may also offer debit or credit cards linked to these accounts for direct spending in the foreign currency. It is important for users to understand the terms and conditions, including any limitations or specific regulations, associated with their devizaszámlá.