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OTP Bank introduced "Protection against fraudsters" service in mobile banking

OTP Bank introduced "Protection against fraudsters" service in mobile banking

OTP Bank introduced the first insurance service in OTP Bank UA mobile banking - insurance of account funds against fraudulent operations "Protection against fraudsters".

The insurance program "Protection against fraudsters" allows to additionally protect the holder of a card or an account in OTP Bank against the loss of funds due to fraudulent actions. The contract is drawn up easily and quickly online, without the need to visit a bank branch.

The partner of OTP Bank in providing the service is the CARDIF insurance company - an expert in bank insurance.

The cost of the "Protection against fraudsters" service is UAH 25 per month.

The total insurance amount under the terms of the contract is UAH 40,000 per year.

The insurance service "Protection against fraudsters" covers the client's financial losses in cases of:

  • "Fraud", which includes transactions using a counterfeit payment card, a stolen or lost card, a fraudulent device for dispensing ATM bills, theft of card details, fraudulent transactions without the presence of a card;
  • "Frauds under the influence of deception" or social engineering, namely financial losses caused to the client in case of a duplicate SIM card with a financial number, psychological pressure and data extortion.

Mobile banking from OTP Bank provides an easy and understandable registration procedure. To order a service in OTP Bank UA mobile banking, select the card or account on which you want to insure the funds, click on "Manage" and then on "Insurance of funds" in the window that opens. The contract is stored in the personal account and is always available for viewing. Further management of the service can also be carried out online, in OTP Bank UA mobile banking.

To download OTP Bank UA mobile banking, follow the link: https://app.otpbank.com.ua/.


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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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