Revolut faces new Hungarian ATM deployment mandate, raising costs for users
Hungarian regulators will require Revolut to operate a minimum number of ATMs, which could increase fees for its customers.
According to a recent Bankmonitor overview, Revolut’s two million Hungarian clients trigger statutory duties, including the provision of a set minimum of ATMs. Until now the company avoided this requirement by operating solely as a financial service provider without a domestic base. The new rule forces Revolut to establish a physical branch and to meet ATM-deployment quotas, potentially leading to the installation of hundreds of new machines as directed by the MNB.
This expansion will likely be reflected in higher fees for users, who already face a one-off charge of 1,200 or 1,999 forft at Erste and OTP ATMs, respectively, a surcharge not applied by other banks. Data from the MNB show a slight decline in the total number of ATMs in Hungary, but the regulatory minimum will push the network upward again, especially in towns with over 500 residents where at least one ATM must be present.
Why it matters
The mandate could raise costs for millions of Revolut users and reshape Hungary's ATM landscape.
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