05 - DECLARATION ON THE PAYMENT OF BENEFITS TO A PERSON LIVING OR STAYING ABROAD (NYF_KULFFOLY_01)

A customer living abroad can choose to have their benefits paid into a payment account held with by a payment service provider in Hungary, in an EEA state, in Switzerland or the United Kingdom, or in a country with which Hungary has concluded a social security agreement. The transfer can be made in the currency distributed by the Magyar Nemzeti Bank.  Hungarian benefit in an amount exceeding HUF 10,000 per month,  is paid monthly in the relevant month but the beneficiary may request to be paid quarterly, semi-annually or annually subsequently. If the Hungarian benefit transferred abroad not exceeding HUF 10,000 per month, it is automatically paid quarterly subsequently, but the beneficiary may request that be paid semi-annually or annually subsequently.

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