Hungarian Central Bank news and trends

Hungarian Central Bank Allows For Instant Transfers

March 04, 2020
Hungarian Central Bank Enables Instant Transfers
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Hungarian Central Bank Allows For Instant Transfers

March 04, 2020
The Hungarian Central Bank (MNB) has introduced an instant payment system that allows for bank transfers in seconds at any time of the day, according to a report. The MNB described the immediate payment is “cash without cash,” and said it’s a helpful and competitive alternative to a cash payment. Before the new system was […]