[9] According to this widely accepted theory, Szécsényi was unable to perform the two functions at the same time because of the spatial distances, thus a local deputy (Magyar) was appointed to assist him.

[9] In contrast, historian Pál Engel considered a certain Demetrius, son of Peter as the first royal treasurer, who held the dignity from 1359 to 1370,[1] during the reign of King Louis I of Hungary (r. 1342–1382), and also served as Bishop of Transylvania after 1368, later Archbishop of Esztergom (1376–1387).

[11] Two years later John, Canon of Fehérvár (held that ecclesiastical position between 1313 and 1345) was mentioned as "tezaurarius regalis et custos ecclesie Albensis" by a royal charter.

[13] Initially, however, the Master of the treasury preserved several important financial functions – coinage, collecting chamber's profit (lucrum camerae) and mining duties.

As a loyal supporter of Dowager Queen Elizabeth of Bosnia, he administered the royal revenues with the title of archtreasurer, and later promoted to Master of the treasury in 1382.

He was in charge to handle part of land-grants, administrated inland and customs revenues, as well as mining royalties, remitted the defrayments of the treasury, but also reported on military and executive matters of the royal castles and towns.

The barons, who did not support the King's war for the Bohemian Crown, initiated hat taxes were to be spent on the defence against the Ottoman Empire.

[23][24] King Vladislaus II (r. 1490–1516) ordered to arrest him and was only released after he paid a large ransom and proved his innocence with a large-scale account.

[26] The notable merchant Alexius Thurzó was imprisoned too following the death of his mentor Archbishop George Szatmári, and the Fugger–Thurzó property was even confiscated for a short time in 1525.

Ferdinand I reorganized the state administrative structure by the introduction of the Austrian practice; he established the Hungarian Chamber in 1528, a board functioning on a permanent basis.

The last office-holder George Martinuzzi styled himself "royal treasurer" until his murder in 1551, but the dignity effectively ceased to exist with the death of John Zápolya in 1540.