Hungary Payment Formats

The Electronic Bank Payments SuiteApp enables businesses to pay vendor bills and employee expenses within Hungary by generating payment files formatted using the Reiffeisen Domestic Transfer payment file specifications of the Raiffeisen Banking Group. The payment files contain a set of instructions for facilitating the transfer of funds (HUF transfer) between bank accounts.

To set up the Electronic Bank Payments SuiteApp for your company, subsidiaries, vendors, employees, customers, and partners in Hungary, read the following topics:

Setting Up Company Bank Records in Hungary
Setting Up Bank Records of Vendors in Hungary
Setting Up Bank Records of Employees in Hungary
Setting Up Bank Records of Customers in Hungary
Setting Up Bank Records of Partners in Hungary

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