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Since 2022, domestic bank transfers in Hungary have been subject to this duty, which in most cases is ultimately paid by the customer, but qvik‑based transfers remain free for individuals.
The qvik request, a solution developed by the National Bank of Hungary and built on the Instant Payment System, lets users send a pre‑filled payment request from the Wise app to any Hungarian bank account in their name, eliminating the need to initiate a bank transfer manually.
Once the user approves the request in their banking app, the money arrives at Wise instantly.
Wise says the goal is to remove everyday financial obstacles and unnecessary costs for customers, and the company will discuss further digital‑payment developments at the May 28 Financial IT conference.
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