More flexible Hungarian instant payment rules

17 September 2020

The MNB amended the Hungarian instant payment rules to provide more flexibility. From 1 October 2020,

  • the MNB will not provide an exhaustive list of secondary account identifiers; the mobile number, e-mail address and tax number will remain available, but the payment service providers may introduce new solutions;
  • request to pay messages submitted in batches by customers other than consumers will be allowed to be sent to the instant payment system after the batches are unbundled, if only one request to pay message per second is forwarded.

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