How does it work?

Széchenyi Card is a form of financing for SME-s, with preferential interest rates subsidised by the government, which is intended to improve their liquidity. Access to this form of financing is made easier by the cash guarantee provided by Hitelgarancia Zrt. for 80 per cent of the loan and interest. Enterprises are free to choose a bank from the partner banks in the program, like MKB, OTP, Erste Bank, Volksbank etc. Upon opening the credit line, enterprises receive a MasterCard Standard type debit card which allows them access to money without having to go to a bank. Current accounts linked to the card can also be used to effect transfers or to receive amounts.