Cash withdrawal in Hungary: One million account holders affected by this change

Erste Bank customers can withdraw cash from Takarékbank ATMs until 30 June under the same conditions. The background to this change is Magyar Bankholdig.

Changes coming to the customers of Erste Bank

A huge change is coming to the life of Erste Bank Hungary Zrt. customers, napi.hu reports. From 30 June 2023, they will no longer be able to withdraw cash from Takarékbank ATMs under similar conditions as from their account manager’s ATMs.

As the reason for the change, Erste wrote in a letter to its customers: “The Takarék Group has joined the Magyar Bankholding Group this year, which entails certain changes.”

Erste Bank customers have been able to use Takarékbank’s ATMs for cash withdrawals with the same conditions as Erste Bank’s. Erste Bank, the Austrian parent company, has written to its customers saying that it is aware that the change, which will come into force from the end of July, will cause inconvenience in many cases, especially in those municipalities where there are currently no Erste ATMs.