Reminder to corporate clients about payments processing
Please note that in case of insufficient funds on client's account to fulfill settlement document submitted by him or to carry out contractual write-off according to payroll, the bank returns such settlement documents or payroll without execution in accordance with current legislation of Ukraine and current versions of the Agreement on opening accounts, providing settlement and cash services and providing other banking services to resident legal entities (including their separate subdivisions that are not independent legal entities), non-resident legal entities (non-resident investors), foreign representative offices, individual entrepreneurs, and also to ensure such types of activities as industrial cooperation, joint production and other types of joint activities carried out on the basis of agreements (contracts) without creating a legal entity (public), Agreement on provision of banking services (public) and the Agreement on provision of banking services to individual entrepreneurs and other self-employed persons of OTP BANK JSC.
In this regard, we inform you that starting from June 1, 2022:
- settlement documents and/or salary information that were submitted to the bank during operating hours and were not executed due to insufficient funds, will be automatically returned without execution on the next banking day;
- settlement documents and/or salary information submitted to the bank after business hours and not executed due to insufficient funds will be automatically returned without execution on the second banking day.
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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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