K&H Bank
THE COST OF OPENING AN ACCOUNT:
FROM 600 EUR
GENERAL INFORMATION
K&H Bank
Hungary
www.kh.hu/web/eng/bank
1998
The bank’s ultimate owner is KBC Bank and Insurance Group of Belgium. Founded in 1998 after merger of Kredietbank, AAB Insurance and CERA Bank of Belgium, KBC Bank has witnessed a dynamic growth in Europe. It has 43,000 employees, 9 million clients in 30 countries. KBC is focusing on Central Europe, where it acquired shares in Polish, Czech, Slovenian and Slovak banks. Kredietbank, a legal predecessor of KBC, entered Hungarian market in 1997 as a winner of tender and as of now, has increased its percentage of shares in K&H from 23 to 100%.
English
High
ACCOUNT
Not required
Detailed
Corporate and personal
Not required
Fully completed company’s activity form; Filled and signed beneficiary form; Passport copies of shareholders and directors; Corporate documentation
Calculated
K&H Bank opens mostly corporate accounts for Hungarian companies and refuse companies from classic offshore jurisdicions. In order to open an account, business activity in Hungary is unnecessary. There’re no limits on company’s min profit and min deposit
RATING
SERVICES AND COSTS
0-0,5 %
0-0,5 % depending on currency conversion
6090 HUF/ 20 euro
Internet-banking
Investments, savings, credits, bank guarantees, credit card services, treasury, planning of finances
VISA, Mastercard, Maestro
GENERAL INFORMATION
Name
Country
Official site
Faunded
History
Employees
Security
K&H Bank
Hungary
www.kh.hu/web/eng/bank
1998
The bank’s ultimate owner is KBC Bank and Insurance Group of Belgium. Founded in 1998 after merger of Kredietbank, AAB Insurance and CERA Bank of Belgium, KBC Bank has witnessed a dynamic growth in Europe. It has 43,000 employees, 9 million clients in 30 countries. KBC is focusing on Central Europe, where it acquired shares in Polish, Czech, Slovenian and Slovak banks. Kredietbank, a legal predecessor of KBC, entered Hungarian market in 1997 as a winner of tender and as of now, has increased its percentage of shares in K&H from 23 to 100%.
English
High
ACCOUNT
Recommendations
Terms of opening for admission (days)
Opening terms for cancellation (days)
Description of activity
Account type
Departure to the bank
Required documents
Account opening, probability
Particularities during account opening
Not required
7-12
10
Detailed
Corporate and personal
Not required
Fully completed company’s activity form; Filled and signed beneficiary form; Passport copies of shareholders and directors; Corporate documentation
Calculated
K&H Bank opens mostly corporate accounts for Hungarian companies and refuse companies from classic offshore jurisdicions. In order to open an account, business activity in Hungary is unnecessary. There’re no limits on company’s min profit and min deposit
RATING
Country Rating
2
SERVICES AND COSTS
Cost of translation
Cost of enrollment
Cost of account maintenance
Access to the account
Bank services
Bank cards
0-0,5 %
0-0,5 % depending on currency conversion
6090 HUF/ 20 euro
Internet-banking
Investments, savings, credits, bank guarantees, credit card services, treasury, planning of finances
VISA, Mastercard, Maestro