Account management is expensive, but if we are willing to switch, we can get a nice amount of money from the banks.

Following negotiations between the Ministry of National Economy (NGM) and the Hungarian Banking Association, in order to curb inflation, OTP Bank is ready to reduce its banking costs by almost two billion forints for its retail customers and extend some preferential actions worth several billion forints, the financial institution informed MTI on Tuesday. Gránit Bank said that its customers were not affected by the fee increase, the financial ins…

The government would intervene in banks' retail account fees. On Tuesday, the MNB and the Hungarian Banking Association announced that they had agreed to reduce bank fees. If we look at the arguments, both the banks and the state are right, but especially those who spend a lot of money on them. The good news is that banks often entice new customers with gifts worth tens of thousands.

Dissatisfaction is often heard when bank accounts are discussed, yet only a tiny percentage of Hungarians, 4 percent of account holders, change banks each year. Does this mean that most people are still satisfied with their existing accounts? Pour some clean water into the glass, tell us your opinion, and fill out the questionnaire.

With the agreement between the Hungarian National Bank (MNB) and the Hungarian Banking Association, banking costs will become simpler, more transparent and cheaper, Central Bank Governor Mihály Varga told MTI after receiving the leaders of the Hungarian Banking Association in his office on Tuesday morning.

The agreement between the Hungarian National Bank and the Hungarian Banking Association will make banking costs simpler, more transparent and cheaper, announced Mihály Varga, after receiving the leaders of the Hungarian Banking Association in his office on Tuesday morning. The new agreement will strengthen information with five measures and reduce the fees for certain retail financial services.

After the negotiations between the Ministry of National Economy and the Banking Association, several banks have already responded, and now more banks have indicated that they will meet the government's expectations and reduce banking costs for their retail customers.