SWIFT Code MANEHUHB — MAGYAR NEMZETI BANK, BUDAPEST

About SWIFT Code MANEHUHB — MAGYAR NEMZETI BANK, BUDAPEST

SWIFT code MANEHUHB is the official 8-character head-office BIC (Bank Identifier Code) for MAGYAR NEMZETI BANK in BUDAPEST, Hungary. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by MAGYAR NEMZETI BANK for all outward international remittances from BUDAPEST. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MANEHUHB

The code MANEHUHB follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MANEHUHB

Receiving International Wire Transfers

To receive money from abroad at your MAGYAR NEMZETI BANK account in BUDAPEST, share SWIFT code MANEHUHB with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at MAGYAR NEMZETI BANK, BUDAPEST must provide SWIFT code MANEHUHB. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using MAGYAR NEMZETI BANK in BUDAPEST rely on SWIFT code MANEHUHB for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for MAGYAR NEMZETI BANK →

For cheque clearing or NACH mandates, use the MICR code for MAGYAR NEMZETI BANK →

For TDS challan deposits, find the BSR code for MAGYAR NEMZETI BANK →

How SWIFT Code MANEHUHB Routes an International Transfer

1. Initiation: The sender provides SWIFT code MANEHUHB and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to MAGYAR NEMZETI BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MAGYAR NEMZETI BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MANEHUHB

• Spaces or lowercase letters — Always enter MANEHUHB uppercase with no spaces.
• Using the wrong city — This code is for BUDAPEST only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Hungary.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm MANEHUHB directly with MAGYAR NEMZETI BANK's BUDAPEST branch or via the SWIFT BIC Directory.