Depositary Services

Main information about depository activities of JSC "OTP BANK"

JSC "OTP BANK" works with both operating depositories in Ukraine: Depository of National Bank of Ukraine for recording of government securities and PJSC "National Depository of Ukraine" for recording of corporate and municipal securities, as well as with the foreign financial institution OTP Bank Plc regarding recording of securities of foreign issuers.

JSC "OTP BANK" is an active member of the Professional Association of Capital and Derivatives Market Participants (PARD). Bank constantly takes part in work of the PARD committees connected with issues related to development of capital market of Ukraine.

Since October 12, 2013 OTP Bank acts under licenses for the right of implementation of depository activity in stock market on the following kinds of activity:

OTP Bank carries out the professional activity in compliance with normative documents of National Bank of Ukraine, National Securities and Stock Market Commission, applicable legislation of Ukraine and Regulation on Depository Activities of Depositary OTP Bank.

Service of clients is carried out with following conditions:

OTP bank provides a full complex of depository services for individual and legal entities, residents and non-residents persons. OTP Bank serves more than 30 thousand securities accounts today.

Custody services of OTP Bank

  • Securities account opening
  • Safekeeping of securities
  • Execute of the transactions on securities accounts
  • Corporate actions and participation in corporate actions on behalf of the client
  • Obtaining cash proceeds with further transfer to the client’s current account
  • Information operations (providing with the references and statements of holding from the securities account, statements of transactions on the securities account and other information connected with securities account)
  • Providing with information and consulting services regarding market conditions, terms and conditions of securities circulation and other information necessary for the client to exercise its rights and obligations
Securities account opening

For securities account opening you need to make the following actions:

Information for shareholders who have securities accounts opened during the securities issue’s dematerialization process

To begin obtaining services the shareholder needs to provide OTP Bank with a package of documents for identification in compliance with requirements of the Ukrainian legislation and obligatory to address it personally to OTP Bank. It is necessary to have passport with you.

For receiving the first statement of holding from the securities account it is necessary to fill in the order to perform information operation and to address it personally to OTP Bank. It is necessary to have passport with you.

Orders for executing the depository transactions

For executing the depository transactions you need to provide OTP Bank with orders in compliance with the following forms:

Frequently Asked Questions
Do DGF guarantees apply to deposits opened with OTP Bank JSC?

Since OTP Bank JSC has been a member of the Deposit Guarantee Fund from September 2, 1999, deposits opened with the Bank are protected by DGF guarantees.

Each depositor is reimbursed in the amount of the deposit (including interest) as of the end of the day preceding the day the Fund begins the procedure for withdrawing the bank from the market, but not more than the amount of the maximum amount of reimbursement of funds for deposits established by the Law of Ukraine "On Deposit Guarantee System for Private Individuals" on this day, regardless of the number of deposits in one bank.

During the martial law in Ukraine and three months after the date of martial law termination or abolition in Ukraine, the Fund will reimburse the amount of the deposits in full to each depositor of a bank, including interest accrued at the end of the day, which precedes a day a bank exits the market. The exception is provided by Article 26 Part 4 of the Law of Ukraine "On Deposit Guarantee System for Private Individuals".

After the expiration of three months from the day following the day of termination or cancellation of martial law in Ukraine, the maximum amount of reimbursement of funds for deposits cannot be less than UAH 600 000.

How is it possible to open a deposit in OTP Bank JSC?

The Bank's clients have the opportunity to open a deposit in several ways.

Regardless of the chosen method of opening a deposit, you must first become a customer of the bank, for this you need to address the bank branch and bring the following:

  • Passport or other identity document.
  • Certificate of identification number assignment(registration number of the taxpayer's account card) or the corresponding mark of the State Tax Service in the passport.

Ways to open deposits:

1. By contacting the branch of the Bank, which is the most convenient by the location.
2. Open a deposit online, via "OTP Smart"app. In any case, to open a deposit it is necessary to have an open JSC "OTP Bank" current or card account in the required currency.

How is it possible to get the maximum income on the deposit?

OTP Bank JSC always offers its customers various bonuses within the loyalty program. At present, when opening a deposit via the OTP Smart app, the client receives a bonus to the standard rate of 0,5%.

The current conditions for placing deposits can be found at the link.

How is it possible to find out what interest is accrued on the bank's current deposit on a specific date?

Information on accrued interest can be found in the following ways:

  • In the personal account of the "OTP Smart" app (mobile or WEB version).
  • By calling the Bank's information center by phone (044) 490-05-00, it is necessary to have and know the word password, which will be the customer's ID.
  • Applying to a bank branch, it is necessary to have documents proving the identity of the client.

Is it possible to withdraw the funds placed on deposit early?

If the deposit was opened with the possibility of early termination, it is possible to withdraw such deposit funds upon application for early termination by contacting the Bank's branch. In this case, the accrued interest will be transferred at the penalty rate in accordance with the terms of the Bank Deposit Agreement.

In case of opening a deposit without the possibility of early termination, it is impossible to withdraw funds early.

List of documents required for a deposit transaction?

To conclude an agreement, you only need:

  • Passport
  • Certificate from the tax inspection on the assignment of an individual code (identification number) of the taxpayer. Non-resident individuals must also submit to the bank a document on the sources of cash