Open account in MKB BANK
The cost of opening an account:
From 1690 EUR
The cost of opening an account:
From 1690 EUR
General information
Name
MKB BANK
Country
Hungary
Official site
www.mkb.hu
Faunded
1 950
History
MKB BANK (Magyar Külkereskedelmi Bank) was established in 1950 to participate in international payments and commercial financing, particularly for managing banking services related to foreign trade. In 1987 the bank transferred to a two-level structure which allowed to obtain a full commercial banking license and develop new types of activities. By the end of the 90s, the bank offers its clients a full spectre of credit services. Between 1994-1996 German investors helped to privatise the bank when Bayerische Landesbank Girozentrale became the main shareholder.
Employees
English
Security
High
Presentation
Account
Terms of opening for admission (days):
10
Opening terms for cancellation (days):
10
Recommendations:
Не требуется
Description of activity:
Detailed
Account type:
Corporate and personal.
Types of accounts:
Corporate and personal.
Departure to the bank:
Required
Required documents:
Constituent doc-s: COI; Notarized memorandum & articles of association; Appointment of director agreement; Power of attorney minutes; Share certificate; Declaration of trust; Certificate of good standing if a company was established more than 1 year ago. Documents regarding account manager, beneficiary, director and shareholder: passport copy which power of attorney & declaration of trust were registered to. If it’s a Russian/Ukrainian passport, it must be notarized & translated in English.
Account opening, probability:
Calculated
Particularities during account opening:
The bank opens accounts only for companies with Hungarian director/beneficiary/shareholder or account manager.
Rating
Country Rating:
6
Rating on loans:
B2
Terms
Limit of transfers (per month):
None
Services and costs
Cost of translation:
0.05%, min 4 EUR –max 100 EUR
Cost of enrollment:
None
Cost of account maintenance:
2900 HUF/month
Credit card restrictions:
None
Access to the account:
Via phone and internet-banking
Bank services:
Deposits, credits, investments, trust storage, trust shares storage.
Bank cards:
VISA Electron, VISA Classic, VISA Business. Eurocard/Mastercard.
