MagNet Bank in Hungary uses the BIC/SWIFT code HABOROBUHUHB. The BIC (Bank Identifier Code) is used for international wire transfers via the SWIFT network.
What is the IBAN format for MagNet Bank in Hungary?
MagNet Bank IBANs in Hungary follow the standard Hungary IBAN format. The IBAN starts with the country code, followed by 2 check digits, the bank code (16200106), and the account number. You can validate any MagNet Bank IBAN using the validator above.
How do I validate a MagNet Bank IBAN?
Enter your MagNet Bank IBAN in the validator above. It will check the country code, verify the MOD-97 checksum, validate the bank code against MagNet Bank's known codes, and break down each part of the IBAN for you.
Where is MagNet Bank located?
MagNet Bank operates in Hungary with branches in Budapest.
Does MagNet Bank support SEPA transfers?
Yes. Hungary is part of the Single Euro Payments Area (SEPA), so MagNet Bank supports SEPA Credit Transfers and SEPA Direct Debits. SEPA transfers to and from MagNet Bank typically settle within one business day and are free or low-cost within the Eurozone.