Deposit Guarantee Fund of Individuals of Ukraine
OTP BANK JSC is a member of the Deposit Guarantee Fund of Individuals (hereinafter - the Fund) dated September 2, 1999, certificate № 081.
The Fund guarantees to each depositor of the bank, reimbursement of funds in the amount of the deposit (including interest) as of the end of the day preceding the day of the start of the procedure for the withdrawal of the bank from the market by the Fund, 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 persons" for 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.
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.
