The range of available transactions to be managed and to be initiated has been expanded with the payment request transaction in the Electra system specified by the National Bank of Hungary. Simultaneously with the launch of the National Instant Payment System on March 2, it became possible for Hungarian banks to provide payment request service...Read More
On March 2, 2020, at 00:00, the Instant Payment System (IPS) went live in the domestic payment transactions between the account-holding banks. In the first week after the setting, all clearing members of GIRO Ltd. successfully took the obstacle. From this date, domestic financial institutions will ensure the immediate transfer of HUF-based payment orders within...Read More
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