Attention! One of the biggest Hungarian banks is facing a shutdown for several days!

Three large Hungarian banking groups are being consolidated under the MBH Bank umbrella. This will require an IT migration, which may cause disruptions and downtime in the use of services.

Bank merger

MBH Bank Plc., Hungary’s second largest credit institution, was established on 1 May 2023 as a result of the multi-stage merger of Budapest Bank Plc., MKB Bank Plc. and Takarékbank Plc.

The harmonisation of IT systems will also take place soon. According to the bank’s detailed information, the pause in electronic services due to IT developments will mainly affect former MKB customers, but due to the complex shutdown, all MBH customers should be informed about the details.

Changeover, shutdown, disruption

MBH Bank will ensure uninterrupted digital card use and cash withdrawals through the ATM network throughout the migration. In addition, physical debit and credit card purchases at terminals will be possible, 24.hu writes.

“It is particularly important that you are prepared for the possibility that you may only be able to use certain services for a limited period or in a limited way during the changeover period, to minimise any inconvenience. During the changeover, you may experience disruptions in the opening hours of our branches, access to our electronic channels and instant transfer orders (both sending and receiving), among others,” they say in their information note.

The branches of MBH Bank will be open until 12.30 pm on Friday 29 September 2023, closed on Monday 2 October 2023 for a bank holiday, and on Tuesday 3 October 2023, closed in the morning and open as usual from noon.