List of account numbers (IBAN numbers) of the National Tax and Customs Administration (hereinafter referred to as NTCA) ) to be used exclusively for international payment services as of 1 January 2016
For the execution of taxpayer obligations towards the budget, as well as their subsidy claims, the international bank account numbers (IBAN numbers) opened at the Hungarian State Treasury and indicated in the following list are to be applied for international payments.
Pursuant to Decree No. 18/2009. (VIII.6.) of the National Bank of Hungary on payments:
- IBAN (International Bank Account Number) means an international bank account number used to identify payment accounts in international transactions [Point 4 of Paragraph (1) of Article 2]
- The international bank account number (IBAN) is a string of digits consisting of 28 alphanumeric characters, created by the account carrier payment service provider according to the rules set out below [Paragraph (5) of Article 3; Point 2 of Schedule 1]
a) the first two digits are the country code for Hungary according to the ISO 3166 standard: HU;
b) digits 3 and 4 are a control code, whose algorithm is included in the Standard of the European Committee for Banking Standards (ECBS) relating to the generation of IBAN;
c) digits 5-28 comprise the domestic account identification number (if the account identification number contains only 16 characters, the last 8 digits of the IBAN shall all be zeros).
The IBAN account number shall be used exclusively for international payments, in foreign currency transfer orders (e.g. for transfers performed from abroad). The IBAN account number shall be written left aligned, continuously, in one block, without spaces or any other characters, and the word ‘IBAN’ shall not be written in front of the account number.
In addition to the IBAN account number of the beneficiary, referring to the relevant budgetary account (as per the relevant tax type), the foreign currency transfer order shall contain the following data:
- name of the beneficiary:
- name and address of the beneficiary’s bank:
- SWIFT-BIC code of the beneficiary’s bank:
For the name of Beneficiary, it is sufficient to indicate NAV, but we recommend that the name of the particular budgetary account for the benefit of which the transfer shall be made be also specified.
Data in relation to the name and address as well as the SWIFT-BIC code of the beneficiary’s bank are required dependant on the payment service (SEPA or other) through which the foreign currency payment is initiated by the client.
An important requirement for international payments in foreign currencies to be effected through the SEPA system (Single Euro Payment Area) in favour of NTCA budgetary accounts is that both the client and the beneficiary’s bank are members of the agreement that provides for this method of payment.
SEPA consists of the Member States of the European Union, as well as Iceland, Liechtenstein, Norway and Switzerland, Monaco and San Marino. The Hungarian Treasury, as the account holder of NTCA, joined SEPA, the Euro transfer payment system, on 8 September 2014.
If payment is made in the SEPA system, the HUSTHUHB code of the Hungarian Treasury shall be written as the SWIFT-BIC code of the beneficiary’s bank and “SHA” (shared charges/costs) shall be marked as charge bearer.
If any other payment service (beyond SEPA) is preferred (i.e. TARGET2) for the international payment in foreign currencies, the SWIFT-BIC code of the Hungarian Treasury, as the account holder (account with institution) must be specified, just as that of the Hungarian National BankMANEHUHB, as the correspondent bank of the Hungarian Treasury.
Furthermore, in the field ‘Notes to the Beneficiary’ (in Hungarian: ‘Kedvezményezettel közlendő’) of the foreign currency transfer orderand in relation to the taxpayer (client) performing the transfer, the following shall be specified:
in order for the payment to be duly credited to the tax account of the taxpayer (client).
We wish to call your kind attention to the fact that Paragraphs (1) and (1a) of Article 38 of Act XCII on the rules of taxation (hereinafter called: the ART) include the following provisions on the manner payment obligations shall be met:
„38. § (1) The taxpayers required to maintain bank account shall satisfy their payment obligation by transfer from their domestic bank account, in respect of payments made to the state tax and customs authority including payments made by transfer through the sub-system for electronic payments and settlements in accordance with specific other legislation as well as simplified electronic payments specified in specific other legislation. Taxpayers required to maintain bank account shall have the option to discharge their payment obligations to the state tax and customs authority in connection with procedural duties, administrative service fees payable for proceedings of the state tax and customs authority, registration fee relating to untaxed income from work outside the tax system, contribution payment obligations relating to simplified employment, and - if under judicial enforcement - payments to be made to the bailiff’s deposit account:
a) by means of cash-substitute payment instrument (bank card), or
b) by means of bank card and POS terminal through the sub-system for electronic payments and settlements in accordance with specific other legislation.
(1a) The payment obligation of taxpayers not required to maintain bank account shall be satisfied by way of transfer from their domestic payment account, or by way of money remittance. Taxpayers not required to maintain bank account shall have the option to discharge their payment obligations to the state tax and customs authority:
a) by means of cash-substitute payment instrument (bank card), or
b) by means of transfer, or bank card and POS terminal through the sub-system for electronic payments and settlements in accordance with specific other legislation.”
Article 39 of the ART also stipulates that payment obligations under the scope of the ART may be met by making payments in Hungarian forints only.
Considering the above, payments made to meet a payment obligation from a foreign payment account or in a currency other than Hungarian forints are not lawful, however, the tax authority is obliged to accept payments made in that manner as well.
Further, we wish to call your kind attention also to the fact that it is still the budgetary account numbers included under menu item ’NAV adóztatási számlaszámok és adónemek érvényes jegyzéke’ (’Prevailing list of NAV account numbers and tax types relating to taxation’)on the NTCA website that are available for domestic payments.