OTP Bank is a part of the interstate financial group OTP Group. It is one of the largest banking networks in Europe.
OTP Bank works with various categories of clients, providing a full range of financial services. The organization possesses considerable capital: its size is almost 28 billion rubles. The banks assets amount to over 111 billion rubles. Russian citizens have placed about 56 billion rubles in deposit accounts of OTP Bank. The company has issued a large volume of loans, the total amount of which is 84 billion rubles.
Today, the organization is included in the list of the 50 best Russian banks, and some indicators bring OTP to the leading positions in the domestic financial market.
The company ranks 2nd in providing POS loans, which involve obtaining a loan without visiting a bank branch. The organization occupies the 6th position in the field of making credit cards.

Expansion of the banking network

Almost 4 million clients use OTP Bank services. The banking structure consists of the following divisions:
    • points of issuance of consumer loans (about 28 thousand);
    • cash desks and offices (108 points);
    • branches and departments (134);
    • ATM ATMs and payment terminals (about 487 devices and 18 thousand ATMs for cash withdrawals).
Bank representative offices can be found in many cities and towns of the country. Residents of 3,700 settlements can use the services of this financial institution.

Business proposals

The bank provides a wide range of products that have been specially designed for business representatives. Small businesses can take advantage of these products:
    • settlement and cash services (no fee is charged for opening and maintaining an account);
    • remote service systems (registration of an account and work with the online banking service is free of charge);
    • reservation of accounts in virtual mode (the procedure takes only half a minute);
    • placement of free funds in savings accounts;
    • loans to replenish working capital, expand production capacity, etc .;
    • bank guarantees;
    • acquiring.

Registration of a current account

The head of the company can open a current account with OTP Bank. To do this, you do not need to go to the branch of a financial organization: the procedure can be carried out directly on the companys website. By opening an account online, the client receives a bonus - free access to the virtual accounting service "My Business" (access opens for 90 days).

Acceptance of payments from bank cards
Trade enterprises and organizations providing paid services can use acquiring from OTP Bank. This service will allow customers to pay by non-cash payment method using bank cards.
Some shopkeepers say this is a hassle. But this is a misconception. In fact, the hassle is minimal: the head of the enterprise should only submit an application to the bank, everything else is taken over by the employees of the financial organization: installation and connection of equipment, provision of training and advertising materials, training of cashiers, etc. Most of the activities are free.
The store will definitely benefit.
    1. Expansion of the customer base. Today, most buyers prefer non-cash payments because it is convenient and safe. By accepting payment with bank cards, the store owner will be able to attract customers who like this particular payment method.
    2. Increase in sales. The so-called spontaneous purchases play an important role. The buyer liked the product, but he has no cash with him. If a customer leaves the store, the chances of his return are negligible. But the customer has a card with a positive balance or a credit card in his wallet. If the store accepts payment by card, then the client will definitely purchase the item he likes.
    3. Security. The storage and transportation of cash is accompanied by the risk of theft and receipt of counterfeit banknotes. By accepting card payments, the merchant reduces this risk. The possibility of an error when giving change is also excluded.
    4. Profitability. The manager will be able to reduce the waste associated with cash collection and the work of cashiers.
    5. Productivity of work. The burden on the cashier is reduced, since payment with cards requires less time than cash payments. Consequently, the cashier will be able to serve more customers.
To learn more about acquiring from OTP Bank, you should contact one of the organizations branches (you can find out the addresses on the official website https://www.otpbank.ru).

Business financing
Any enterprise cannot do without additional financing. Loans are a convenient tool that allows a company not only to solve temporary financial difficulties, but also to develop steadily.
OTP Bank offers several products designed for enterprises of various sizes. The peculiarity of lending in "OTP" is an individual approach to each client: when calculating interest rates and maturity of debt, the companys working capital is taken into account.
Having issued a loan, the manager will be able to:
    • upgrade equipment;
    • increase trade turnover;
    • purchase commercial real estate (trading floors, warehouses, offices, etc.);
    • introduce modern developments and much more.

Savings accounts
Free money can be deposited in deposit accounts. OTP Bank offers a fairly high profitability and convenient conditions for placing money.
To make a deposit, the client needs to submit an application. This can be done at any bank branch or on the companys website. You will need to open a current account and sign a cooperation agreement.
When submitting an application online, a company representative must indicate the following data:
    • Name of the organization;
    • details of the applicant;
    • locality;
    • telephone number for communication.
After the application form is filled in, you must click the "Register" button. The bank manager will contact you shortly to clarify the details.
It is worth paying attention to the deposit product "Classic". The account is opened in various types of currencies: Russian, Swiss, American or European money. The depositor must place an amount of at least 100 thousand rubles (10 thousand conventional units).
The contract can be concluded for a period from 1 day to 2 years. The profit is paid at the end of the term specified in the contract. The yield depends on the currency that was used when opening the deposit. To clarify the size of the interest rate, you should contact the employees of the financial institution. The terms of the deposit do not provide for debit transactions.

Participation in a salary project
Modern technologies make our life easier and more comfortable. The payment of wages to employees is no exception. Many enterprises have long since abandoned cash wages and have become participants in salary projects. It is beneficial and convenient for both parties.
By concluding a cooperation agreement with OTP Bank within the framework of the salary program, the head of the company will be able to:
    • to reduce the costs associated with the payment of salaries (collection and transportation of cash is excluded, no need to pre-order money);
    • simplify the paperwork procedure;
    • timely transfer salaries, travel and other payments to the card accounts of their employees;
    • ensure the confidentiality of payment information;
    • solve the problem with the lack of "hard cash".
Participation in the salary project is a profitable solution for the employees of the company.
    • Money can be withdrawn at any ATM;
    • the recipient of the salary can manage finances at his own discretion: withdraw part of the money or the entire amount at once;
    • access to money is open 24 hours a day;
    • holders of salary cards can use remote services free of charge - online banking and SMS-informing service;
    • for participants in the salary project, special conditions are provided for credit and deposit products;
    • the client can order additional payment documents for his family members.

Services for ordinary citizens

OTP Bank provides a wide range of services for Russian citizens: you can apply for a loan, place money in a deposit account, receive a payment card and much more.

Lending
The financial institution offers several lending products:
    • cash loan;
    • loans issued in stores;
    • mortgage credit lending.
Consumer loans allow you to get up to 750 thousand rubles "in real money" at a rate of 14% / year. The credit commission will make a decision on granting a loan within 15 minutes. You can apply for a loan online. You must indicate your full name, contact information (phone number, e-mail address, name of the settlement), date of birth, place of work, credit history.
After the application is completed and sent, you must wait for the managers call to clarify all the details.
Before applying for a loan, the borrower can calculate the amount of monthly payments. To do this, you need to use a virtual calculator.
There are several ways to pay off debt:
    • in cash at the banks cash desks or through self-service terminals;
    • through the remote maintenance service;
    • by bank transfer from branches of third-party financial institutions;
    • in the salons of communication "Euroset";
    • at points of acceptance of payments "Zolotaya Korona" and others.
To find out the balance of the debt or the amount of the current payment, it is worth using remote services:
    • virtual banking;
    • application for mobile devices;
    • the "OTPcredit" program, which was developed specifically for borrowers;
    • SMS banking system (a message should be sent to a special number, the body of which contains a command-code);
    • customer support center.
Paying off debts should be treated very carefully. If the payment is late, the bank will calculate a fine. Employees of a financial institution recommend downloading the OTPcredit application to avoid unpleasant situations. The functions of the application include a reminder of the date and amount of monthly payments.

Purchase of goods on credit
Consumer loans can be obtained directly in stores. Already more than one and a half million Russians, together with OTP Bank, have made repairs in their apartment, purchased household appliances, furniture, clothes and much more. The purchase price can vary from 2 thousand to 300 thousand rubles. To obtain a loan, the client will need to provide only one document - a civil passport.
Requirements for borrowers are very simple: loans are issued to residents of the Russian Federation aged 21 to 69 years. The borrower must be registered in any of the regions where OTP Bank branches operate.

Its time to buy real estate
Using the mortgage programs from OTP Bank, Russians can purchase real estate on favorable terms. The financial institution offers several mortgage projects.
    1. Mortgages with government subsidized rates. This is quite a profitable solution, as it implies reduced interest rates from 11.2%.
    2. By purchasing real estate in a house under construction, the client will pay 12% / year.
    3. Loans for finished housing are also issued at 12% / year.
    4. Making out a loan secured by an existing apartment, the borrower will have to pay 14.75% per annum.
    5. The bank also provides loans for the purchase of commercial real estate. Loans are issued at 17.45% per annum.
    6. You can refinance old loans. This product assumes changes in loan conditions and interest rates. The loan is issued at 12% / year.
You can apply for a loan from your work or home computer. The decision will be made as soon as possible.
The loan agreement can be concluded for up to 30 years. In some mortgage projects, you can use maternity capital. Developers have also prepared special offers.

Credit cards
You can order a credit card from the bank. It is a convenient and profitable tool for obtaining a loan. The cardholder can use the credit funds at any time. This is especially handy for spontaneous purchases. You can withdraw "real money" or pay by non-cash payments. There is a grace period of 55 days for crediting (at this time, interest for the use of credit funds is not charged).