Global freelancers based in Hungary can benefit significantly from having a business account that makes it easy to send, hold and receive payments in multiple currencies such as forints.
In this guide, we've listed several business account providers and options for freelancers in Hungary, covering their features and fees to help you make an informed decision.
Our list includes Wise Business with information on how it can support international operations for freelancers in Hungary.
Discover Wise Business 🔎
Disclaimer: The UK Wise Business pricing structure is changed on 26/11/2025. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.
Provider features, fees, eligibility checks, protections and timelines mentioned in this article may vary by customer, business type, application outcome, plan and country. Check the provider's website and terms and conditions for the most accurate and up-to-date information.
Wise services and features are not available in all regions, country and product restrictions apply. Visit wise.com to check availability, and for fee details and terms for your region, visit our pricing page for Wise Business.
Note: Wise Business pricing for UK customers shows the current fees for the features you use. Registration has no charge; a one-time £50 fee applies to account details for receiving payments. Check the live pricing page before applying.
Provider features, fees, eligibility checks, protections and timelines mentioned in this article may vary by customer, business type, application outcome, plan and country. Check the provider's website and terms and conditions for the most accurate and up-to-date information.
Wise services and features are not available in all regions, country and product restrictions apply. Visit wise.com to check availability, and for fee details and terms for your region, visit our pricing page for Wise Business.
Summary of options
Comparison basis: The Wise prices below are for UK residents opening a UK Wise Business account. The other providers' prices are for their named local or UK plans and may have different eligibility, included services and currencies. These aren't like-for-like total-cost quotes; compare the same payment and account use case, including FX, transfer and card fees, before choosing.
1. Wise Business
Wise Business can help eligible freelancers receive client payments in supported currencies and manage cross-border spending. A Wise multi-currency account is not automatically a Hungarian HUF domestic business account; check the available HUF route before choosing it for local clients.
Wise Business features for eligible UK freelancers working with Hungarian clients:
- Send money to supported countries and pay overseas invoices at the mid-market exchange rate with transparent fees (product availability and fees vary by route and region)
- Receive payments in supported currencies, subject to the receiving method and account eligibility
- Get local account details for eligible currencies, including USD and EUR, to let your customers pay in a currency they know and trust - convenience for them and peace of mind for you
- Hold money in supported currencies
- Convert supported currencies at the mid-market exchange rate with transparent fees
- Use the batch payments tool to prepare multiple payments in one workflow, subject to current limits and account eligibility
- Get business debit cards for eligible team members to keep track of spending in supported locations, with transaction visibility and categorisation
- Manage cash across supported currencies and business accounts, subject to feature availability
- Connect and sync supported business transactions to your accounting software, including Xero, QuickBooks, and more
- Create your own payment approvals process to manage your team better with customised access for different team members, roles and permissions
- Create custom professional invoices and schedule invoice payments for future dates (scheduled transfers must be set at least two days ahead; the exchange rate and fee are determined when the transfer runs, and team approval may be required)
- Automate payouts with the Wise API (with a sandbox for testing, API tokens and implementation documentation; access requires an eligible, verified Wise Business account)
Country and product restrictions apply. Wise services and features are not available in all regions. Visit wise.com to check availability.
Fees:
Wise Business offers a free Essential plan for basic spending and transferring. If you need to receive money, set up direct debits, or generate invoices, you'll pay a one-time £50 setup fee to unlock the Advanced features.
Here's a more detailed breakdown of Wise Business pricing in the UK:
- Account details for receiving payments: £50 one-time fee
- Sending money: from 0.24%, depending on currency and route
- Holding money: £0 Wise fee
- Receiving domestic payments (non-SWIFT / non-wire): £0 Wise fee
- EUR SWIFT payments: €2.39
- ATM withdrawals: £0 Wise fee up to £250/month per account, then 2.69% on the amount above £250; ATM providers may charge separately
Note: The fees mentioned above are for UK residents opening a Wise Business account in the UK. If you are opening a Wise Business account for the first time in Hungary, then refer to the Wise Business pricing for Hungary.
The withdrawal allowance with no Wise fee varies by country and is calculated per account. Check wise.com/pricing for additional information.
Register for Wise Business ✍️
2. BinX
BinX is a Hungary-focused business financial service that may fit freelancers operating an eligible local business and making regular HUF payments. Its domestic-payment focus makes it different from an international multi-currency account.
Features:
According to BinX's business site:
- HUF business account management through mobile and web apps.
- Transfers to other BinX users and external HUF transfers.
- Business payment cards and invoice-payment tools.
- A Számlázz.hu integration for invoice workflows, subject to the applicable plans.
Fees:
According to BinX's pricing page:
- Opening a listed account is 0 HUF; BinX-S account management is 0 HUF/month.
- BinX-M is 2,990 HUF/month and BinX-L is 9,990 HUF/month.
- Transfers between BinX accounts are listed at 0 HUF.
- External transfers cost 0.25% on S, 0.20% on M and 0.15% on L, each capped at 10,000 HUF per transfer.
- Additional card or integrated-service fees can apply. The lower percentage on a paid plan only helps if your volume offsets its monthly fee.
3. Payoneer
Payoneer focuses on international business payments, which can be useful when clients or marketplaces pay you in GBP, EUR or USD while you have costs in Hungary. It is not a substitute for every local HUF payment service.
Features:
According to Payoneer's global payments page:
- Receiving accounts in supported currencies for eligible business users.
- Payments from connected marketplaces and payment requests to direct clients.
- Multi-currency balances, bank withdrawals and payments to suppliers or contractors.
- Commercial cards where available to the account and country.
Fees:
According to Payoneer's pricing page:
- Another Payoneer customer's balance payment is listed with no Payoneer receiving fee; marketplace fees vary by platform.
- Receiving through a local-currency account may have no Payoneer receiving fee; a non-local-currency receiving account is listed at 1%, minimum US$1 equivalent.
- Credit-card client payments can cost up to 3.99% plus US$0.49 equivalent; UK/EU bank payments and US ACH debit are listed at 1%.
- Currency-balance conversion is listed at 0.5%; bank withdrawals vary by route and can be 1.2%–4%.
- A US$29.95 annual account fee may apply below the US$6,000 receipts threshold over 12 consecutive months; an eligible card may carry a separate annual fee. Check your account tariff.
4. PayPal Business
PayPal Business can complement another account when Hungarian clients prefer online checkout or when UK clients already use PayPal. It is primarily a payment-acceptance option, not a full local HUF business current account.
Features:
According to PayPal Hungary's business page:
- Online checkout and supported card-payment acceptance.
- Payment requests and transaction records for business receipts.
- Withdrawals to an eligible linked bank account.
- Integrations for businesses selling online, subject to product and account eligibility.
Fees:
According to PayPal Hungary's merchant fee schedule:
- Standard domestic commercial receipt: 3.40% plus a fixed fee.
- The fixed component depends on currency; the Hungary schedule lists 90 HUF for a HUF receipt and £0.30 for a GBP receipt.
- The international commercial-payment surcharge is 1.29% for a UK payer and 1.99% for other non-EEA payers; EEA payers have no such surcharge.
- A standard bank withdrawal may have no PayPal fee if no conversion is required. Conversion and other withdrawal fees need separate checking.
- Compare the net amount from a specific UK-client invoice after both the international surcharge and any currency conversion.
5. Revolut Business
Revolut Business offers eligible Hungarian registered businesses multi-currency accounts, cards and transfers. The plan determines allowances and spending controls, so the lowest monthly subscription may not have the lowest total cost for frequent UK-Hungary payments.
Features:
According to Revolut Business's Hungary plan comparison, Basic includes:
- Multi-currency accounts, transfers in supported currencies, physical and virtual corporate cards, and recurring or scheduled payments.
- Team-member access, payment links, invoices and payment acceptance, subject to plan and merchant terms.
- A 350,000 HUF monthly exchange allowance at the interbank rate; no included local or international transfers.
- Expenses may be an additional per-person paid tool; do not assume they are included in the subscription.
Grow adds:
- Ten included local and two included international transfers each month.
- A 5.8 million HUF monthly exchange allowance.
- Bulk transfers, bills, account permissions, spend controls and custom approvals.
Scale raises the local-transfer allowance to 50, international transfers to ten and the exchange allowance to 20 million HUF. Enterprise is custom-priced and configured.
Fees:
According to Revolut Business's Hungary plan comparison:
- Basic is 3,800 HUF/month, Grow 10,000 HUF/month and Scale 35,000 HUF/month; Enterprise is custom-priced.
- Exchanges over the monthly allowance carry a 0.6% fee; exchanges outside market hours carry a 1% fee.
- An additional local transfer costs 70 HUF; international transfers outside allowances are listed at 0.3%–0.6%, depending on plan, with separate SWIFT OUR charges possible.
- Card, payment-acceptance and optional expense-tool charges may apply. Check the plan quote and business eligibility.
Manage your freelance earnings in Hungary like a pro with Wise Business
Wise Business offers several features to help global freelancers manage their earnings and money. For instance, you can get local account details in 8+ currencies, making it easier for you to receive money as your clients can pay you in a currency they know and trust.
You can also create invoices, make payments to subcontractors or other freelancers, and sync supported transactions with accounting software to keep on top of your finance admin.
Wise Business offers a free Essential plan for basic spending and transferring. If you need to receive money, set up direct debits, or generate invoices, you'll pay a one-time £50 setup fee to unlock the Advanced features.
With Wise Business, you can:
- 🌍 Send money to 70+ countries and pay overseas invoices at the mid-market exchange rate with low, transparent fees and no hidden exchange rate markups (product availability varies by region)
- 📥 Receive payments in 24 currencies and counting
- 💵 Get local account details for 8+ currencies, including USD and EUR, to let your customers pay in a currency they know and trust - convenience for them and peace of mind for you
- 💰 Hold money in 40+ currencies
- 🔁 Convert currencies anytime at the mid-market exchange rate with low, transparent fees
- ⚡ Use the batch payments tool to create and send up to 1,000 payments in a single transfer
- 👥 Run payroll and make international payments for up to 1,000 employees all over the world - including paying suppliers using local payment methods like ACH, SEPA, and Faster Payments
- 💳 Get business debit cards with 0.5% cashback for you and your team to keep track of team expenses and spend all over the world, with real-time visibility and categorisation. See full cashback terms and conditions
- 🏢 Manage cash in 55+ currencies across international offices from a single business account and move money between business accounts in seconds (exact speeds can vary depending on individual circumstances and may not be the same for all transactions)
- 🧾 Connect and sync every business transaction to your favourite accounting software, including Xero, Quickbooks, and more
- 🔐 Create your own payment approvals process to manage your team better with customised access for different team members, roles and permissions
- 📑 Create custom professional invoices and schedule invoice payments for future dates
- 📈 Earn variable returns on GBP, USD and EUR with Wise Interest (Growth not guaranteed. Your balance will go down in the event of a government default or interest rates going negative.)
- 🔗 Create payment links and QR codes to get paid easily (Card payment acceptance for new Wise Business customers is currently unavailable. Payment methods subject to eligibility and availability.)
- ⚙️ Automate payouts with the Wise API (comes with 24/7 customer support, a sandbox account to test integrations, API tokens, and clear documents on how to implement and make the most of our API)
Make the wise choice when selecting a business account for your domestic and global needs.
Be Smart, Get Wise.
Register for Wise Business ✍️
Wise Interest disclaimer: Growth not guaranteed. Your balance will go down in the event of a government default or interest rates going negative. Taxes may apply. 3.32% variable rate on GBP is based on 7 day performance as of 05 Aug 2026. For full 5-year past performance and fund information, visit https://wise.com/interest. Investments are offered by Wise Assets UK Ltd. (FRN 839689)
Wise services and features are not available in all regions, country and product restrictions apply. Visit wise.com to check availability, and for fee details and terms for your region, visit our pricing page for Wise Business.
Frequently asked questions
Can a UK freelancer open a business account in Hungary?
Eligibility depends on the provider and how your business is registered. The Hungarian-priced plans in this guide are not proof that a UK-only business can open every local account. Ask the provider which documents, local registration and tax identifiers it requires.
Do I need a HUF account to invoice Hungarian clients?
Not necessarily. Agree the invoice currency and payment method with the client. If clients expect a domestic HUF transfer, compare local HUF account options. If they can pay in another supported currency, compare receiving details and the total conversion cost.
Is PayPal Business the same as a Hungarian business bank account?
No. PayPal supports online commercial receipts and withdrawals, but its merchant fee schedule is structured around payment acceptance and related transactions. Check separately whether you need domestic HUF banking functions.
Sources:
- BinX - Business accounts and tools
- BinX - Pricing
- Payoneer - Global payments
- Payoneer - Pricing
- PayPal Hungary - Business
- PayPal Hungary - Merchant fees
- Revolut Business - Hungary plans
Sources last checked on 9 October 2026
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
