Hungary

Introduction

General Introduction to be added here

Payment Systems

Payment System Name	System Type	Currency	Clearing Type	Settlement Type	Operating Model	Operator	Regulator
VIBER	RTGS	HUFForint	Real-Time	Gross	Y Copy	Magyar Nemzeti Bank (MNB)Operator Type:Central Bank	Magyar Nemzeti Bank (MNB)Regulator Type:Central Bank
ICS - Interbank Clearing System	ACH	HUFForint	Deferred	Multi-Lateral Netting	0	GIRO LtdOperator Type:3rd Party	Magyar Nemzeti Bank (MNB)Regulator Type:Central Bank
Securities Settlement System	Securities Settlement	HUFForint	Deferred	Multi-Lateral Netting	0	KELER LtdOperator Type:3rd Party	Magyar Nemzeti Bank (MNB)Regulator Type:Central Bank
Instant Payment System	Immediate Payments	HUFForint	Real-Time	0	0	GIRO LtdOperator Type:3rd Party	Magyar Nemzeti Bank (MNB)Regulator Type:Central Bank

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Snapshot

Currency	Hungarian Forint
Economic Bloc
Banking Regulator	Magyar Nemzeti Bank (MNB)
Payment Systems Regulator	Magyar Nemzeti Bank (MNB)
Capital Markets Regulator
System Operators
Participants

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Evolution of Payment Systems

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