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On March 25, 2026, the Magyar Nemzeti Bank (MNB) issued Resolution H-KPL-I-3/2026 requiring OTP Bank Nyrt. to install and operate automated teller machines (ATMs) in compliance with the Automated Banknote Dispensers Act 2025 (ATMtv.). The MNB directed OTP Bank to fulfil its obligations under MNB Regulation 19/2025 (VI. 26.) regarding ATM installation and operation in municipalities with populations exceeding 1,000 residents. The bank must install ATMs in the specific municipalities and by the deadlines specified in Annex 1 of the resolution. The regulation establishes detailed rules for ATM installation criteria and the allocation of costs and burdens among payment service providers. The MNB also called upon OTP Bank to ensure full compliance with statutory requirements and MNB regulatory decisions regarding cash machine network operations and to demonstrate lawful conduct in future. The resolution warns that failure to meet the installation deadline will result in further enforcement action by the MNB under Section 75 of the MNB Act 2013 and Section 2(5) of the ATMtv., including fines ranging from HUF2,000,000 to HUF200,000,000. No procedural costs were incurred during the proceedings. The resolution was issued by Péter Benő Banai, MNB Deputy Governor responsible for analysis, payments, and central banking programmes.

In a decision dated March 25, 2026, the Hungarian National Bank (MNB) issued a decision requiring OTP Bank Nyrt to comply with obligations regarding the installation and operation of automated teller machines (ATMs). The decision mandates that OTP Bank Nyrt must fully comply with the requirements set out in MNB Regulation 19/2025 (VI. 26.) concerning the installation and operation of ATMs in municipalities with populations exceeding 1,000 residents. The bank is required to install ATMs in specified municipalities by designated deadlines as detailed in Annex 1 of the decision. The regulation establishes a framework for ATM installation criteria and cost-sharing arrangements among payment service providers. The MNB also calls upon OTP Bank Nyrt to ensure full compliance with all statutory requirements and MNB regulatory decisions concerning the operation and maintenance of ATMs within the cash machine network in the future, and to conduct itself lawfully in this regard. The decision specifies that failure to meet the installation obligations by the prescribed deadlines will result in further enforcement measures by the MNB. The bank faces potential fines ranging from HUF2m to HUF200m, in accordance with Section 75 of the MNB Act ( Act CXXXIX of 2013 ) and Section 2(5) of the Automated Teller Machine Act ( Act XVIII of 2025 ).

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Hungary's Central Bank Orders OTP Bank to Install Automated Teller Machines in Designated Municipalities

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Hungarian National Bank Orders OTP Bank to Install Automated Teller Machines