Revolut Bank will soon welcome over 2.3 million Hungarian customers to its Hungarian branch

The process will be gradual, with existing customers being transferred at least 2 months after the notification sent by email. Hungary is a key market for Revolut in the CEE region based on its retail customer base, where it reached the 2 million milestone in July 2025. Revolut has already opened local branches in 9 other countries (France, Ireland, Italy, the Netherlands, Romania, Spain, Germany, Portugal and Belgium). This significant experience ensures that the company is prepared to expand its strategy to other key European markets.

The Hungarian branch will start providing Hungarian bank accounts to existing customers after the relocation, while a part of the new customer group will receive them in the near future when they start joining the branch. This will gradually be extended to all new customers. The introduction of Revolut Hungarian bank accounts contributes to meeting growing customer needs, expanding the banking product portfolio and providing a more personalized service to the needs of local users.

In October 2025, the bank completed the regulatory steps required to establish a Hungarian branch and was registered with the Hungarian National Bank under the name “Revolut Bank UAB Magyarországi Fióktelepe”. The actual operation of the branch will start after the first new customers join. Following the relocation, existing and new retail accounts will be managed by the Hungarian branch of Revolut Bank UAB. Customer deposits will continue to be protected by the Lithuanian Deposit Insurance Scheme (deposit and investment insurance of a state institution) up to a maximum of EUR 100,000.* Revolut Bank operates in 30 markets in the European Economic Area, is licensed by the European Central Bank and supervised by the National Bank of Lithuania.

Gábor Petrás, Country Manager of Revolut Bank UAB Hungary Branch, said: “The launch of the Hungarian branch of Revolut Bank UAB and the ability to offer Revolut Hungarian bank accounts is another step towards our goal of becoming the primary bank for our customers in the market. We place a high emphasis on local relevance in every market where we are present.

Our goal is to help our customers get the most out of their finances and give them more, better control over their money. Whether it’s budgeting goals, spending preferences, saving or investing, Revolut offers a complete ecosystem in its super app that centralizes and optimizes financial decisions.”

Joe Heneghan, CEO of Revolut Bank added: “We have made significant progress in recent years: we have rapidly matured our services and “We have evolved from a travel card trusted by our users into a full financial innovation ecosystem with a strong banking product portfolio at its core. We are currently experiencing strong growth in Hungary and our goal is to continue this growth and become one of the leading primary account providers in the country.”

Revolut Hungarian bank accounts and localized products to build your primary account offering

A local bank account is often a key factor when choosing a primary account. The introduction of Hungarian bank accounts makes it easier for users to manage their accounts and wages directly from their Revolut account. This, combined with the fintech company’s full product offering (daily banking, savings, investing, budgeting, travel, experiences, lifestyle), makes Revolut a strong alternative as a primary bank for Hungarians.

A survey conducted by Revolut and research firm Dynata in October 2025** reveals that more than a third (35%) of Hungarians say that one of their top goals for 2026 is to make smarter, more thoughtful financial decisions. A fifth (21%) of Hungarians say that one of the most effective tools to improve their financial situation in 2026 would be an easy-to-use app that allows them to track, save and invest their money. A local bank account and localized offering can support these priorities, helping them take greater control over their finances, from scheduling their paycheck to managing their savings, all in one app that includes their primary bank account.