SWIFT/BIC code PARBHUH1XXX
PARBHUH1XXX belongs to Magyar Paribas S.A. in Budapest, Hungary.
Code details
| SWIFT/BIC code | PARBHUH1XXX |
|---|---|
| 8-character code | PARBHUH1 |
| Branch code | XXX |
| Bank | Magyar Paribas S.A. |
| Branch | Head office |
| City | Budapest |
| Country | Hungary |
How the Magyar Paribas S.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PARB Bank code
- 4 letters that identify the bank.
- HU Country code
- 2 letters for the country (ISO 3166).
- H1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution uses BIC PARBHUH1XXX?
PARBHUH1XXX is the SWIFT/BIC code of the head office of Magyar Paribas S.A. in Budapest, Hungary. Use it when a payment to Magyar Paribas S.A. does not need a specific branch.
How long does it take to send money to Magyar Paribas S.A.?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PARBHUH1XXX to send euros to Hungary?
Hungary belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need PARBHUH1XXX.
Are PARBHUH1 and PARBHUH1XXX the same SWIFT code?
Yes, they are. PARBHUH1 is the 8-character version of PARBHUH1XXX. The XXX at the end only means head office, so both routes your payment to Magyar Paribas S.A. in Budapest.
What does each part of PARBHUH1XXX stand for?
PARB is the institution code of Magyar Paribas S.A., HU stands for Hungary, H1 is the location code and XXX means the head office.
What is the cheapest way to send money to Magyar Paribas S.A.?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Hungarian Forint with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.