SWIFT Code MKKBHUHB — MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.), BUDAPEST

About SWIFT Code MKKBHUHB — MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.), BUDAPEST

SWIFT code MKKBHUHB is the official 8-character head-office BIC (Bank Identifier Code) for MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.) 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 MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.) 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 MKKBHUHB

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

When to Use SWIFT Code MKKBHUHB

Receiving International Wire Transfers

To receive money from abroad at your MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.) account in BUDAPEST, share SWIFT code MKKBHUHB 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 MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.), BUDAPEST must provide SWIFT code MKKBHUHB. 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 MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.) in BUDAPEST rely on SWIFT code MKKBHUHB 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 MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.) →

For cheque clearing or NACH mandates, use the MICR code for MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.) →

For TDS challan deposits, find the BSR code for MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.) →

How SWIFT Code MKKBHUHB Routes an International Transfer

1. Initiation: The sender provides SWIFT code MKKBHUHB 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 MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MKKBHUHB

• Spaces or lowercase letters — Always enter MKKBHUHB 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 MKKBHUHB directly with MKB BANK ZRT (FORMERLY MAGYAR KULKERESKEDELMI BANK RT.)'s BUDAPEST branch or via the SWIFT BIC Directory.