Once you have your residence permit, student status certificate, and accommodation reporting document, you must open a Hungarian bank account to manage your finances. Mentor students will assist you with this process.
Why do you need a Hungarian bank account? If you are a scholarship holder, your monthly stipend will be transferred to this account. Besides, all students can transfer money easily from here to their NEPTUN account. The cost of having a Hungarian account is about 2 EUR/month. Make sure to e-mail your bank account number and the name of the bank to the International Relations Office once you have it.