---
title: "Securities Settlement — Unicredit Bank Hungary Zrt. SWIFT/BIC BACXHUHBINM · Budapest | Elucidate"
description: "SWIFT/BIC code BACXHUHBINM: Securities Settlement, a branch of Unicredit Bank Hungary Zrt. in Budapest, Hungary. Head office BACXHUHBXXX, LEI Y28RT6GGYJ696PMW8T44."
url: https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb-inm
---

1.  [Directory](https://elucidate.co/directory)
2.  [Hungary](https://elucidate.co/directory/country/hu)
3.  [Unicredit Bank Hungary Zrt.](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb)
4.  INM

Hungary · Financial institution

# Securities Settlement

Branch code of [Unicredit Bank Hungary Zrt. (BACXHUHBXXX)](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb)

BIC **BACXHUHBINM** LEI **[Y28RT6GGYJ696PMW8T44](https://search.gleif.org/#/record/Y28RT6GGYJ696PMW8T44)** Licence no. **Not on a tracked register** [Head office **BACXHUHBXXX**](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb) Connected to Swift Clearing & payments [Claim this profile](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb#claim)

## Licences and registrations

Held by the legal entity, not by a branch code

This branch code belongs to the legal entity of Unicredit Bank Hungary Zrt.. None matched by LEI in the 22 tracked registers.

Licences belong to the legal entity. Each applies in the country of the regulator that granted it.

## Swift network

Swift’s ISO 9362 BIC directory

- **BIC:** BACXHUHBINM
- **Head-office BIC:** [BACXHUHBXXX](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb)
- **Connection to Swift:** Connected to Swift
- **Swift GPI · BACXHUHB:** Not on the member list
- **Payment schemes and systems:** [SCT · SDD Core · SDD B2B · VOP · VIBER](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb#schemes)
- **Branch codes:** [One of 2 branch codes of Unicredit Bank Hungary Zrt.](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb#branches)
- **BIC first registered:** 2016-11-05
- **Last updated:** 2018-04-01

## Identifiers

Branch record

- **BIC:** BACXHUHBINM
- **How the BIC breaks down:** 1. BACX Bank 2. HU Country · Hungary 3. HB Location 4. INM Branch
- **Head-office BIC:** [BACXHUHBXXX](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb) · Unicredit Bank Hungary Zrt.
- **Branch LEI:** [Y28RT6GGYJ696PMW8T44](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb)

## Profile

- **Branch description:** SECURITIES SETTLEMENT
- **Function:** Clearing & payments
- **City:** Budapest
- **Country · region:** Hungary · Europe & Central Asia
- **Institution type:** Financial institution

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

## Ownership and group

GLEIF relationship records

- **Direct parent:** [Unicredit, Societa' Per Azioni](https://elucidate.co/directory/unicredit-s-p-a-uncritmm) · Italy[549300TRUWO2CD2G5692 ↗](https://search.gleif.org/#/record/549300TRUWO2CD2G5692)

The Unicredit, Societa' Per Azioni group has 42 institutions in the directory, in 20 countries: 41 hold a BIC and 1 does not.

Including [Unicredit Bank GMBH](https://elucidate.co/directory/unicredit-bank-gmbh-hyvedemm), [Unicredit S.P.A.](https://elucidate.co/directory/unicredit-s-p-a-uncritmm), [Unicredit Bank Austria AG](https://elucidate.co/directory/unicredit-bank-austria-ag-bkauatww), [Unicredit Bank GMBH](https://elucidate.co/directory/unicredit-bank-gmbh-hyveus33), [Unicredit Bank GMBH](https://elucidate.co/directory/unicredit-bank-gmbh-hyvegb2l).

[See the Unicredit, Societa' Per Azioni group →](https://elucidate.co/directory/group/549300TRUWO2CD2G5692)

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

## Addresses

- **Branch address:** ROBERT KAROLY KORUT 61-65 BUDAPEST BUDAPEST H-1134 HUNGARY
- **Head-office address:** SZABADSAG 5-6 BUDAPEST 1054 58 HUNGARY

## ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this branch by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents

### CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

```xml
<FinInstnId>
  <BICFI>BACXHUHBINM</BICFI>
  <LEI>Y28RT6GGYJ696PMW8T44</LEI>
</FinInstnId>
```

### Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

```xml
<FinInstnId>
  <BICFI>BACXHUHBINM</BICFI>
  <LEI>Y28RT6GGYJ696PMW8T44</LEI>
  <Nm>UNICREDIT BANK HUNGARY ZRT.</Nm>
  <PstlAdr>
    <TwnNm>BUDAPEST</TwnNm>
    <Ctry>HU</Ctry>
    <AdrLine>ROBERT KAROLY KORUT 61-65 BUDAPEST BUDAPEST H-1134</AdrLine>
  </PstlAdr>
</FinInstnId>
```

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

## Where this branch sits

Linked to its head office. No other branch shares a distinctive function, city, address or registration day with it.

## Related institutions

### Institution

-   [Unicredit Bank Hungary Zrt. BIC BACXHUHB Financial institution Not on a tracked register Hungary · Not on a tracked register · LEI Y28RT6GGYJ696PMW8T44](https://elucidate.co/directory/unicredit-bank-hungary-zrt-bacxhuhb)

The BIC8 this branch code belongs to: BACXHUHB.

Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

[Read the methodology →](https://elucidate.co/directory/methodology)

## Assess the financial crime risk behind a BIC

A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.

[Book a demo](https://elucidate.co/demo-request)

Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.
