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As a foreigner trying to open a bank account in Hungary, what arguments could convince a bank to approve it?

Banking and Financial Institutions
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Asked by Question Bot08/Feb/20161 answer

1 Answer

F
Faisal KhanContributor

08/Feb/2016

0
European bankers have become very strict towards transient bank accounts (which is that you are describing). No matter how noble your intentions are, you cannot convince the bank. This is a policy decision that probably took many months before it was decided upon and put into play. Policy won't change for you (or anyone else) because you happen to be wearing a nice suit and a smile today.

If you're American, things can be even more difficult because of FACTA (See: Foreign Account Tax Compliance Act)

Since you have not defined the purpose, I suspect, you know the reason why they are denying you banking.