Make onboarding easier for your international employees.
Bank accounts and insurance are critical for a smooth start — yet often slow down international hires. We manage the entire financial setup process, ensuring your employees can focus on their new role from day one - quickly, reliably and in English.
Licensed financial professionals
Independent multi-provider service
English-speaking coordination
Support designed for expats
Provided at no cost to employers
Designated support for partners
Working with Hungary’s leading financial institutions.
We work across most major banks and insurance providers in Hungary. This allows us to compare suitable options and support expats with solutions that match their individual situation. Our independent approach helps ensure that employees receive practical and efficient guidance.
Hiring international talent shouldn’t be slowed down by financial setup.
Companies hiring expats often face unexpected administrative issues. New employees may struggle to open bank accounts, understand insurance requirements, or navigate unfamiliar processes — areas that are typically outside the scope of most relocation services.These delays can slow down onboarding and create additional workload for HR teams.
By supporting expats directly with these processes, we help companies simplify onboarding and reduce administrative friction for both employees and HR departments.
Services for employers
- Quick intake
- International employees often need a Hungarian bank account before receiving salary payments. We guide them through the account opening process, help prepare documentation, and explain the required steps clearly in English.
- Insurance coordination
- Health insurance may be required for residence permits or recommended for everyday protection. We help expats understand their options and arrange suitable coverage in a simple and structured way.
- Employee guidance
- Expats often have questions about financial and administrative processes in Hungary. We provide clear guidance and practical support so employees can complete these steps with confidence.
- On-site onboarding support
- We bring the service directly to your workplace. For group onboarding, our team visits your office and handles the full process on-site, making administration faster, smoother, and more convenient for both your HR team and your employees.
About ExpatCover
ExpatCover was created to simplify the financial setup process for people moving to Hungary. Many expats arrive excited about new opportunities but quickly discover that administrative processes can become complicated.
By supporting expats with bank account opening, insurance arrangements, and financial guidance, we help make the relocation experience smoother. Our work also helps companies reduce administrative challenges during the onboarding process.
Why companies choose ExpatCover
- Simpler onboarding
- By helping expats complete their financial setup quickly, companies can reduce delays during the onboarding process and allow employees to focus on their work sooner.
- Less HR workload
- Administrative questions from expat employees often end up with HR teams. We help answer these questions directly and guide employees through the necessary processes.
- Independent provider comparison
- Because we cooperate with multiple banks and insurers, we can review several options and recommend solutions that fit each employee’s situation.
- Clear communication
- We communicate directly with expats in English and guide them through each step. This reduces confusion and helps ensure processes move forward smoothly.
- Free of charge for employers
- Our service is provided at no cost to employers. This allows your company to offer valuable, practical support to international employees without adding financial burden or extra administrative pressure to your HR team.
How the process works?
- Introduction
- The company introduces the expat employee who needs assistance with financial setup or administrative processes.
- Guidance
- We communicate directly with the employee and guide them through the necessary steps, documentation, and provider options.
- Completion
- Once the required processes are completed, the employee is ready to move forward with their work and life in Hungary.
What partners say about working with us
“Supporting our international employees during their relocation process made onboarding much smoother. Having a partner who understands the administrative side of expat relocation is extremely helpful.”
HR Manager
Technology Company
“Our international hires needed help understanding local processes. The guidance they received made the transition significantly easier.”
Operations Director
International Business Services
“Working with a partner who can explain the financial setup process in English has reduced many administrative questions from new employees.”
HR Specialist
Global Consulting Firm
Frequently Asked Questions
Yes. Companies can introduce employees who need support with financial setup and administrative processes in Hungary.
In most cases our support is free for expats because banks and insurance providers compensate the advisory process.
Most expats can complete the basic financial setup within several business days depending on documentation and provider availability.
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Discuss how we can support your international employees.
Tell us briefly about your company and your needs. We will review your request and contact you to discuss how we can support your expat employees.
We usually respond within one business day.
