OTP Bank to remain PFU’s authorized bank from September 1
OTP Bank entered the list of authorized banks by the Pension Fund of Ukraine, which will provide state payments to pensioneers from September 1. This was reported by PFC.
Ukrainians who received pension payments via Ukrposhta both without delivery and with delivery to their actual residence or registration addresses, will have to switch to banking services until September 1, namely - to choose a financial institution, open an account at it and submit an application for paymens to the Pension Fund at the place of residence. Also, the application can be left in a branch of a chosen bank, whose employees will pass it to the PFU.
For persons who do not choose a bank, the payment of pensions will be transferred to the current account in JSC "Savings Bank" after September 1, 2021, which will be opened at the request of the Pension Fund of Ukraine, after September 1, 2021. Recipients will be notified in writing about this.
OTP Bank has been an authorized bank of the Pension Fund of Ukraine since May, 2018, and offers clients the opening of pension cards for pensions and social assistance in 86 branches throughout Ukraine.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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