Banking Services

KELER offers credit institution services in line with the conditions and restrictions stated in Act CXX of 2001 on the capital market and KELER complies with all applicable Hungarian and international requirements.

KELER keeps accounts for Clients to register Forint and foreign currency funds and payments, such accounts can have balances in the 42 currencies (e.g. EUR, USD, GBP, CHF, etc.) currently managed by KELER. As credit institution KELER is a direct member of the Hungarian payment systems and has access to the foreign currency payment systems through account manager banks.

Payment orders initiated to execute settlements related to

  • stock exchange trades,
  • OTC securities trades,
  • securities listing,
  • payment based on securities,
  • investment services,
  • payment based on obligation inherent in securities or related services or
  • services offered to the organized market stipulated in law

can be executed in cash accounts. Our Clients are responsible for ensuring that the payment transactions executed in KELER accounts comply with the legal requirement of being linked to specific purposes.

Banking services
Cash account management Capital and energy market
Transaction management Foreign currency transaction
Forint (HUF) transaction
Collateral management
Financial clearing of markets guaranteed by KELER CCP