folyószámlán

Folylószámlán is a Hungarian term that translates to "current account" in English. It refers to a type of bank account designed for frequent transactions and day-to-day financial activities. Unlike savings accounts, which are primarily for accumulating money, a folyószámlán is intended for managing income, making payments, and accessing funds readily.

Key features of a folyószámlán typically include the ability to receive salary deposits, pay bills through direct debit or standing orders, and make purchases using a debit card. It also allows for cash withdrawals from ATMs and transfers to other accounts. Banks usually provide a statement detailing all transactions within a specific period, such as monthly. Interest rates on folyószámlán are generally very low, as the primary purpose is liquidity rather than growth.

Opening a folyószámlán usually requires identification and proof of address. Banks may offer different types of current accounts with varying features and associated fees. Some accounts might come with overdraft facilities, allowing the account holder to spend more than their available balance up to a certain limit, albeit with interest charges. In Hungary, it is a fundamental banking product for individuals and businesses alike, serving as the central hub for their financial dealings.