Opening and maintenance of correspondent accounts

JSC «OTP Bank» offers opening and maintenance of correspondent accounts in Russian roubles and foreign currencies.

JSC «OTP Bank» has developed a diversified network of Nostro correspondent accounts which includes more than 50 relationships with the leading Russian and foreign banks. It allows JSC «OTP Bank» to process payments in Russian roubles and all international key currencies, including currencies of the countries of OTP Group’s presence in the Central and Eastern Europe.

JSC «OTP Bank» has successfully implemented the electronic platform “iBank 2” which provides a rapid, convenient and secured access to correspondent accounts and helps correspondent banks to efficiently manage their accounts.

High-quality services, wide range of services and favorable terms and conditions offered to financial institutions by JSC «OTP Bank» serve the goal of maintenance of long-lasting and mutually beneficial relations between JSC «OTP Bank» and its partnering banks and contribute to successful development of this business line by JSC «OTP Bank».

Standard settlement instructions

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