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:

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General Notices