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The meeting of the operational court for economic protection has ended and proposals to facilitate financial management have been discussed. Based on the proposals of the Hungarian Banking Association and the Minister of Finance, the court adopted six points, all of which make administration simpler, faster and cheaper, announced the Minister of Finance. Mihály Varga announced yesterday, according to her Facebook video, posted this afternoon.
- confirmed the above measure that where an electronic cash register operates, it will be possible electronic paymentthis means 50-60 thousand additional new places and can reduce the use of cash by tens of billions of guilders,
- the electronic banking It will make it easier for companies and the general public to manage their finances, reducing the number of personal affairs by up to 2 million a year,
- a in the territorial offices With documents filed electronically, the process is simplified in 130,000 cases per year, such as cases related to the acquisition of real estate or loans,
- can become widely free property valuation, in about a third of cases, banks would do this with the help of a database created for this purpose, so a customer can achieve savings of 30-50 thousand guilders,
- in real estate matters will accelerate and simplify a notarial assistance, which can mean savings of tens of thousands of guilders for 60-70 thousand customers a year
- a digital document management necessary for the safety of the Hungarian people with 6.5 million bank accounts.
Like the 44 measures introduced by the tribe so far, the above will be implemented in no time.
For years, the Hungarian Banking Association has been calling for the simplification of financial management and the reduction of its costs by adopting legislation that accelerates its digitization. Although more details of the package of measures now being adopted are not yet known (they are likely to be found in the Hungarian Gazette), it seems very important that the coronavirus epidemic was necessary for the government to accept a significant part of the bank’s proposals .
Cover image: MTI / Koszticsák Solid
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