Post on 21-Apr-2020
(A)
(B)
(C)
Changes are shown in italics in the text.
The reason for modifying this Public Announcement is the changes of the fees of instant cash deposits through ATM due to the 2019 inflation rate.
Fees for instant cash deposits through ATM, in the Public Announcement, change—according to Paragraph (14) of I. General Provisions of the Debit Card Business Regulations—by the rate
of the annual consumer price index disclosed by the Hungarian Central Statistical Office for the previous year (3.4% in 2019).
Published: 14 February 2020
Date of effect: 1 March 2020
PUBLIC ANNOUNCEMENT – WITH A TURNOVER SPECIAL FEE On commissions, fees and costs with regard to the HUF and foreign currency accounts
of the micro and small enterprise clientele
OTP Bank Plc., based on the conditions specified in the Corporate Division Business Regulations, classifies those sole traders, enterprises with legal personality and without legal personality, foundations ,
organisations managing public donations, non-profit and other organisations not belonging to public service, whose product usage is limited to standard enterprise products only, and whose total banking
obligations does not exceed 250 million HUF. If the enterprise is a member of a company group, the value limit applies to the enterprises combined. Irrespective of these conditions, condominiums and
housing cooperatives also belong to this client base. The products covered by this public announcement belong to the standard enterprise product range of OTP Bank Plc.
OUR CURRENT PROMOTIONAL OFFERS
Account opening promotion in an OTP branch: For enterprise (except Gold) or condominium account package applied for and opened in any OTP branch by an enterprise client between 1 January 2020 and 30 June
2020, in case of authenticated electronic bank account statement, as of the month of opening the account, the Bank shall not charge the account keeping monthly fee for 6 months if the client had not opened previously
(but after 1 January 2019) any current account or payment account with OTP Bank Plc.
Account opening promotion in case of online application: For enterprise (except Gold) account package applied for online (on page https://otpbusiness.hu) and activated in a branch between 1 January 2020 and 30
June 2020 by an enterprise client, if the authenticated electronic bank account statement is requested as of the month (of activating in a branch) of the account, the Bank shall not charge the account keeping monthly fee
for 12 months if before opening the account the enterprise had not had any current account or payment account with OTP Bank Plc.
Promotion of online service for retrieval of electronic company registry extract in case of applying for new account package: If an enterprise client opens an enterprise account package between 1 January 2020
and 30 June 2020, and uses the online service for retrieval of the electronic company registry extract during opening the account, then the fee for the online service for electronic retrieval of the certificate of incorporation
shall not be charged.
OTP Bank Plc Page 1, total: 21
I. 3
I.1 3
I.2 4
I.3 7
I.4 9
I.5 10
II. 11
II.1 11
II.2 12
II.3 13
II.4 13
II.5 13
II.6 14
II.7 14
II.8 14
II.9 16
II.10 16
II.11 17
II.12 17
II.13 18
II.14 19
III. 20
Due date of fees, commissions and costs
Foreign currency cheque
Documentary transactions performance
Customs cash desk service
CONTENTS
Information on the general terms and conditions of the performance of the international HUF and foreign currency, as well as domestic foreign currency payments
REFERENCES
Professional account packages
ACCOUNT PACKAGES CONDITIONS
Comments and conditions relating to the application for an account package
General small enterprise account packages
GENERAL PAYMENT CONDITIONS
Bank account keeping
Executing ad-hoc transfers, book transfers, collection and administrative orders, as well as transfer warrants
Crediting
Cash desk transactions
Standing, debit date specified and group transfers / collections
OTPdirect Electra Terminal service
Condominium account packages
Application of exchange rates related to payments turnover
Account packages not sold
Other services
Late payment of outstanding fees, commission and costs
OTP Bank Plc Page 2, total: 21
I.
1.
1.
2.
3.
4.
5.
6.
7.
8.
9. The cash desk deposit commission pertains to the banknote deposits. In case of depositing coins, this commission is in addition to the fee item listed in the “Public Announcement on the fee items for the distribution of banknotes and coins".
In case of recontracting to any bank account/account package, the commission, cost and fee conditions of the new bank account/account package are effective from the day following the recontracting, furthermore OTP Bank Plc. ensures that
the existing payment account number is kept, except the Bázis account package, for which OTP Bank Plc. requires a new current bank account agreement to be concluded, and generates a new current bank account number.
Non-profit and other organisations and foundations may use any general enterprise account package included in the public announcement.
If the monthly fee includes preferential OTP ATM cash withdrawals, the preference may be assigned to any debit card belonging to the account package.
In case of fees and commissions not shown in chapter "Account packages conditions", the conditions detailed in chapter II (General payment conditions) apply to all account packages.
If the monthly fee of any account package includes preferential and/or free of charge transfers, cash withdrawals, the turnover special fee set out in point II.1.1.d. of this public announcement is also charged on these transactions.
ACCOUNT PACKAGES CONDITIONS (14)
The fee for services marked with X in sections "Account package contents" are included in the monthly fee for the account package.
If the monthly fee of any account package includes the annual fee for a debit card of certain type, it applies in all cases to the card first ordered for the account package.
COMMENTS AND CONDITIONS RELATING TO THE APPLICATION FOR AN ACCOUNT PACKAGE
With respect to the preferences provided for the account packages, transactions completed as from 0:00 on the first day of the month to 24:00 on the last day of the month are considered, according to calendar month.
OTP Bank Plc Page 3, total: 21
2.
Domestic HUF and intra-bank foreign currency ad hoc transfers
SEPA transfers
OTHER CONDITION
0.16%, min. 314 HUF, max. 115,511 HUFInter-bank, through OTPdirekt services (22), (23)
0.05%, min. 220 HUF
2,672 HUF/month
0.16%, min. 252 HUF, max. 115,511 HUF
0.50% + 607 HUF
The preferential conditions apply to the Start
account package opened newly and as first by the
client, up to 2 year account keeping history, provided
that the enterprise history of the client does not
exceed one year on the date when the account is
opened. In other cases (e.g. when recontracting to
Start account package irrespective of the enterprise
history of the client), the non-preferential period
conditions apply.
261 HUF/month
Cash withdrawal over the counter in HUF
Statement sent with transaction frequency, in a paper based
format
With authenticated electronic bank account statement (2)
0.26%, min. 508 HUF, max. 115,511 HUF
0.38%, min. 385 HUF
155 HUF/month
0.16%, min. 314 HUF, max. 115,511 HUF
565 HUF/month
763 HUF/month
0 Ft0.18%, min. 189 HUF, max. 115,511 HUF
x
Inter-bank, initiated in a branch (23) 0.55%, min. 663 HUF, max. 115,511 HUF
OTPdirekt monthly fee
Statement sent with monthly frequency, in a paper based
format (1)
x
x
3,577 HUF/month
0.14%, min. 189 HUF,
max. 115,511 HUF
0.16%, min. 252 HUF, max. 115,511 HUF
x
First 2 items in month, inter-bank, initiated through
OTPdirekt services 0 HUF (23)
FEES AND COMMISSIONS
0.18%, min. 189 HUF, max. 115,511 HUF
0.14%, min. 37 HUF, max 115,511 HUF
0.14%, min. 37 HUF, max 115,511 HUF
0 HUF/month
431 HUF/month
431 HUF/month108 HUF/month
0.50% + 607 HUF
Intra-bank, through OTPdirekt services (22)
Intra-bank, initiated in a branch
0.16%, min. 252 HUF, max. 115,511 HUF
0.38%, min. 385 HUF
In case of recontracting to Bázis account package,
OTP Bank Plc. does not ensure keeping the existing
current account number.
Cash deposit over the counter in HUF
3,093 HUF/month
2,746 HUF/month
For enterprises
x
Small enterprise STANDARD account package
Small enterprise START account package
0.05%, min. 220 HUF
318 HUF/month
0.55%, min. 663 HUF, max. 115,511 HUF
3,444 HUF/month
In preferential period
GENERAL ENTERPRISE ACCOUNT PACKAGES
For non-profit
organisations
1 pc HUF current account
MC Unembossed debit card annual fee
ACCOUNT PACKAGES CONTENTS
DESIGNATION
Preferential OTP ATM cash withdrawal
Account keeping monthly fee
3,190 HUF/month
In non-preferential period
With respect to the first annual card fee.
Preferential HUF ad hoc transfer to domestic destination
Small enterprise BÁZIS account package
x
First in month 0 HUFFirst in month 0 HUF
Via OTPdirekt services 0.55%, min. 663 HUF, max. 115,511 HUF 0.16%, min. 252 HUF, max. 115,511 HUF
Initiated in a branch 0.55%, min. 663 HUF, max. 115,511 HUF 0.26%, min. 508 HUF, max. 115,511 HUF 0.16%, min. 252 HUF, max. 115,511 HUF
OTP Bank Plc Page 4, total: 21
Domestic HUF and intra-bank foreign currency ad hoc transfers
SEPA transfers
0.38%, min. 385 HUF
Small enterprise E-account package
Cash deposit over the counter in HUF
Inter-bank, initiated in a branch (23)
Initiated in a branch
Small enterprise GOLD account package
Small enterprise KOMFORT account
package
x
x
0.085%, min. 37 HUF, max 115,511 HUF
Preferential payment conditions
OTPdirekt monthly fee
Min. 100 million HUF
x
Cash withdrawal over the counter in HUF 0.38%, min. 385 HUF 0.38%, min. 385 HUF
x
3,190 HUF/month
x
37 Ft 0 Ft
5,418 HUF/month 17,893 HUF/month
Intra-bank, through OTPdirekt services (22)
Statement sent with transaction frequency, in a paper based format 4,596 HUF/month
3,093 HUF/month 16,176 HUF/month
FEES AND COMMISSIONS
0.26%, min. 123 HUF, max. 115,511 HUF
DESIGNATION
ACCOUNT PACKAGES CONTENTS
With authenticated electronic bank account statement (2)
Account keeping monthly fee
x
0.16%, min. 252 HUF, max. 115,511 HUF
0 Ft
with committing to annual debit account turnover
Min. 250 million HUF
x
x
MC Unembossed debit card annual fee
1 pc HUF current account
x
Preferential securities account keeping
Preferential HUF ad hoc transfer to domestic destination
Intra-bank, initiated in a branch
Preferential private banking account keeping
0.26%, min. 252 HUF, max. 115,511 HUF
0.05%, min. 220 HUF
4,255 HUF/month
0.05%, min. 220 HUF
Preferential progressive tiered demand interest
The Private Banking service package is preferentially
provided by the Bank to one private person designated by
the enterprise.(17)
The Private Banking securities account keeping conditions
apply to the securities account of the enterprise.
The preferential demand interest rate applies on the current
account of the account package, according to the effective
“Public Announcement on the deposit interest rates
applicable to the HUF accounts of enterprise and public
service clients".
Statement sent with monthly frequency, in a paper based
format (1)
The account package and the related premium payment
preferences are available subject to committing to a slight
annual debit account turnover. If the committed debit
account turnover is not met, the client shall pay a special
fee which is 0.1% of the amount not met.(3)
The preferential demand interest rate applies on the
current account of the account package, according to the
effective “Public Announcement on the deposit interest
rates applicable to the HUF accounts of enterprise and
public service clients".
0.09%, min. 123 HUF,
max. 115,511 HUF
16,542 HUF/month
Via OTPdirekt services 0.11%, min. 123 HUF, max. 115,511 HUF 0.11%, min. 123 HUF, max. 115,511 HUF0.09%, min. 123 HUF,
max. 115,511 HUF
0.07%, min. 123 HUF,
max. 115,511 HUF
0.05%, min. 37 HUF,
max. 115,511 HUF
0.26%, min. 123 HUF, max. 115,511 HUF
0.11%, min. 123 HUF, max. 115,511 HUF
4,298 HUF/month
x
x
x
x
First 10 items in month, intra-bank or inter-bank,
initiated through OTPdirekt services 0 HUF
First 20 items in month, inter-bank, initiated through
OTPdirekt services 0 HUF (23)
x x
OTHER CONDITION
0.07%, min. 123 HUF,
max. 115,511 HUF
0.05%, min. 220 HUF
0.16%, min. 37 HUF, max 115,511 HUF 0.16%, min. 37 HUF, max 115,511 HUF
0.26%, min. 252 HUF, max. 115,511 HUF
Inter-bank, through OTPdirekt services (22), (23)
0.16%, min. 252 HUF, max. 115,511 HUF
x
0.11%, min. 123 HUF, max. 115,511 HUF
OTP Bank Plc Page 5, total: 21
Account keeping monthly fee (4)
SEPA transfers
Preferential OTP ATM cash withdrawal (for HUF account)
x
First in month 0 HUF (with subsequent crediting)
Inter-bank, initiated in a branch (23)
0.14%, min. 37 HUF, max 115,511 HUF 0.16%, min. 37 HUF, max 115,511 HUF
Preferential HUF ad hoc transfer to domestic destination (for HUF account)
7,154 HUF/month
Intra-bank, initiated in a branch
OTHER CONDITION
Via OTPdirekt services
Inter-bank foreign currency and international HUF ad hoc transfers (to the debit of the HUF and foreign currency account of the account package) initiated through OTPdirekt services or in a branch
x
DESIGNATIONSmall enterprise STANDARD DEVIZAPLUSZ account
package
ACCOUNT PACKAGES CONTENTS
1 pc HUF current account x
x x
xMC Unembossed debit card annual fee (for HUF account)
Foreign currency and international HUF ad hoc transfer / credit preferences
Preferential standard transfer to OTP foreign subsidiary bank
OTPdirekt monthly fee
Small enterprise E-DEVIZAPLUSZ account package
x
First in month 0 HUF (with subsequent crediting)
1 pc foreign currency payment account (EUR, USD, CHF or GBP)
xx
First in month 0 HUF
Domestic HUF and intra-bank foreign currency ad hoc transfers to the debit of HUF account
0.38%, min. 385 HUF
7,032 HUF/month
0.16%, min. 252 HUF, max. 115,511 HUF
free of charge
Inter-bank, through OTPdirekt services (22), (23)
0.26%, min. 123 HUF, max. 115,511 HUF
0.11%, min. 37 HUF, max 115,511 HUF
Recontracting to this account package is possible only if the original account did not have associated further bank accounts managed within one agreement, kept in other currencies. Under the DevizaPlusz account package, managing accounts in
multiple currencies is not feasible within one account agreement. The fee for the small enterprise DevizaPlusz account package, as specified in the Public Announcement, is charged separately on the HUF and foreign currency current account, unless
requested otherwise.
If the enterprise foreign currency payment bank account of the account package is terminated for whatever reason, it results in the automatic termination of the account package, and the remaining HUF current bank account continues to operate as
Small Enterprise Standard account package (in case of termination of a Standard DevizaPlusz account package), or Small Enterprise E-account package (in case of termination of an e-DevizaPlusz account package) in respect of its costs, related
services and payment preferences. If the HUF current bank account of the account package is terminated for whatever reason, it results in the automatic termination of the account package. The remaining foreign currency current bank account
continues to operate as standard foreign currency current account with respect to its costs, related services and the payment transaction fees and commissions.
The fee for the first in month transfer to an OTP foreign subsidiary bank will be subsequently credited by the Bank in the month following the subject month to the bank account from which the transfer was initiated, in the currency of the bank account.
From transfers occurring at the same time, the Bank selects on a random basis the item for which the fee shall be subsequently credited.
8,564 HUF/month
0.26%, min. 123 HUF, max. 115,511 HUF
FEES AND COMMISSIONS
0.05%, min. 220 HUF
Intra-bank, through OTPdirekt services (22)
First 10 items in month, intra-bank or inter-bank, initiated through
OTPdirekt services 0 HUF
Statement sent with transaction frequency, in a paper based format
International HUF and foreign currency transfers, inter-bank foreign currency transfers
0.05%, min. 220 HUF
free of charge
0.10%, min. 3,410 HUF, max. 40,000 HUF
Intra-bank HUF and foreign currency transfers to the debit of foreign currency
account
0.11%, min. 123 HUF, max. 115,511 HUF
Statement sent with monthly frequency, in a paper based format (1)
Cash withdrawal over the counter in HUF
Cash deposit over the counter in HUF
With authenticated electronic bank account statement (2)
0.10%, min. 3,410 HUF , max. 40,000 HUF
0.085%, min. 37 HUF, max 115,511 HUF
Crediting of SEPA and EUR transfers within EEA
0.16%, min. 252 HUF, max. 115,511 HUF
0.38%, min. 385 HUF
0.14%, min. 37 HUF, max 115,511 HUF
Initiated in a branch
0.16%, min. 252 HUF, max. 115,511 HUF 0.11%, min. 123 HUF, max. 115,511 HUF
0.16%, min. 252 HUF, max. 115,511 HUF
0.11%, min. 37 HUF, max 115,511 HUF
Commission for crediting of foreign currency transfer from foreign or other Hungarian
banks above 100 EUR (or its equivalent in another currency), in case of HUF and foreign currency
account
0.03%, min. 2.5 EUR, max. 30 EUR 0.03%, min. 2.5 EUR, max. 30 EUR
5,602 HUF/month
5,449 HUF/month
6,590 HUF/month
OTP Bank Plc Page 6, total: 21
3.
Account keeping monthly fee
Domestic HUF and intra-bank foreign currency ad hoc transfers
SEPA transfers
Preferential payment conditions
x
x
1 pc HUF current account x
x
Preferential progressive tiered demand interest
ACCOUNT PACKAGES CONTENTS
MC Unembossed debit card annual fee
x
DESIGNATION Small enterprise JOG-ÁSZ account packageATTORNEY CUSTODY DEPOSIT account with
debit card
x
x
x
Small enterprise PATIKA account package
PROFESSIONAL ACCOUNT OFFERINGS
x (segregated account)
With respect to the first annual card fee.
Via OTPdirekt services
Initiated in a branch
0.09%, min. 123 HUF, max. 115,511 HUF 0.09%, min. 123 HUF, max. 115,511 HUF 0.09%, min. 123 HUF, max. 16,375 HUF
0.09%, min. 123 HUF, max. 115,511 HUF 0.09%, min. 123 HUF, max. 115,511 HUF 0.09%, min. 123 HUF, max. 16,375 HUF
x
x
OTPdirekt monthly fee
552 HUF/month
2,168 HUF/month
0.05%, min. 37 HUF, max 115,511 HUF
0.05%, min. 37 HUF, max 115,511 HUF
0.05%, min. 37 HUF, max 115,511 HUF
0.09%, min. 123 HUF, max. 16,375 HUF
FEES AND COMMISSIONS
0.09%, min. 123 HUF, max. 115,511 HUF
0.05%, min. 220 HUF 0.05%, min. 220 HUF
Inter-bank, initiated in a branch (23)
0.05%, min. 37 HUF, max 16,375 HUF
0.09%, min. 123 HUF, max. 115,511 HUF
Intra-bank, through OTPdirekt services (22)
2,214 HUF/month
Statement sent with monthly frequency, in a paper based
format (1)
With authenticated electronic bank account statement (2)
1,094 HUF/month
0.09%, min. 123 HUF, max. 115,511 HUF0.09%, min. 123 HUF, max. 115,511 HUF
Intra-bank, initiated in a branch
Inter-bank, through OTPdirekt services (22), (23) 0.09%, min. 123 HUF, max. 16,375 HUF
0 HUF/month
0.38%, min. 385 HUF
0.05%, min. 37 HUF, max 16,375 HUF
2,202 HUF/month
0.38%, min. 385 HUF
82 HUF/month
3,875 HUF/month
1,083 HUF/month
Statement sent with transaction frequency, in a paper based format
0.05%, min. 220 HUF
0.38%, min. 385 HUF
0.05%, min. 37 HUF, max 115,511 HUF
Cash withdrawal over the counter in HUF
Cash deposit over the counter in HUF
The account package may be used by enterprises
operating pharmacies, or pharmaceutical retail
businesses (primary TEÁOR/NACE code is 4646 or
4773 based on the year 2008 classification).
The preferential demand interest rate applies on the
current account of the account package, according
to the effective “Public Announcement on the
deposit interest rates applicable to the HUF
accounts of enterprise and public service clients".
The account package may be used by businesses
conducting legal activity (attorneys, lawyers, public
notaries etc.) (primary TEÁOR/NACE code is 6910
based on the year 2008 classification).
The attorney custody deposit account may only be used
by attorneys. The above conditions only apply if the
client has also ordered a debit card for the attorney
custody deposit account. In other cases In other cases
the conditions of caution and custody deposit accounts
as shown in point II. 1.2.h of this Public Announcement
apply. The custody deposit account is only available
along with the current account kept with OTP Bank. The
custody deposit account does not qualify as an account
package.
OTHER CONDITION
OTP Bank Plc Page 7, total: 21
Account keeping monthly fee
Domestic HUF and intra-bank foreign currency ad hoc transfers
SEPA transfers
Via OTPdirekt services
Initiated in a branch
0.16%, min. 314 HUF, max. 115,511 HUF 0.15%, min. 227 HUF, max. 110,806 HUF 0.22%, min. 227 HUF, max. 115,511 HUF
0.26%, min. 508 HUF, max. 115,511 HUF 0.15%, min. 227 HUF, max. 110,806 HUF 0.38%, min. 227 HUF, max. 115,511 HUF
x
DESIGNATION Small enterprise TERRA account packageNON-PROFIT account package
x
1 pc segregated bank account
With fulfilling savings
requirement
ACCOUNT PACKAGES CONTENTS
Small enterprise ACCOUNTANT account
package
0 Ft
First items in month, inter-bank, initiated through OTPdirekt
services 0 HUF (23)
x
x
Inter-bank, through OTPdirekt services (22), (23)
0.13%, min. 66 HUF, max 110,806 HUF
0.13%, min. 66 HUF, max 110,806 HUF
MC Unembossed debit card annual fee
Statement sent with monthly frequency, in a paper based
format (1)
513 HUF/month
The account package may only be used by non-profit
organisations and foundations (except condominiums
and housing cooperatives).
Savings requirement: the day end balance of cash
assets placed on all HUF bank accounts owned by the
client and kept at OTP Bank (demand balance, related
term deposit, savings account and securities account
balance in total) does not fall below 1.5 million HUF in
the previous one month (from day 16 of the previous
month to day 15 of this month).
First 2 items in month, inter-bank, initiated through
OTPdirekt services 0 HUF (23)
0.50%, min. 385 HUF
FEES AND COMMISSIONS
476 HUF/month3,158 HUF/month
0 Ft
0.38%, min. 34 HUF, max 115,511 HUF
x1 pc HUF current account
265 HUF/month
0.15%, min. 227 HUF, max. 110,806 HUF
0.38%, min. 385 HUF
0.05%, min. 220 HUF
x
Intra-bank, through OTPdirekt services (22)
not available
With authenticated electronic bank account statement (2)
Cash withdrawal over the counter in HUF
Preferential HUF ad hoc transfer to domestic destination
OTPdirekt monthly fee
Inter-bank, initiated in a branch (23)
0.16%, min. 314 HUF, max. 115,511 HUF
0.38%, min. 385 HUF
0.05%, min. 220 HUF
0.22%, min. 227 HUF, max. 115,511 HUF
OTHER CONDITION
0.15%, min. 227 HUF, max. 110,806 HUF
x
The account package may only be used by clients
conducting agricultural, forestry and fishing
activity (primary TEÁOR/NACE code begins with
01, 02 or 03 based on the year 2008 classification).
The fees and commissions applicable to the
segregated account included in the account package
are identical with the fees and commissions for the
current account (except the monthly fee included in
the package).
2,856 HUF/month 1,094 HUF/month
1,154 HUF/month
not available
Cash deposit over the counter in HUF
0.16%, min. 252 HUF, max. 115,511 HUFIntra-bank, initiated in a branch
2,777 HUF/month 394 HUF/month
0.05%, min. 220 HUF
The account package may only be used by
businesses conducting accounting, audit and tax
advisory activity (primary TEÁOR/NACE code is
6920 based on the year 2008 classification), along
with selecting authenticated electronic bank account
statement.
0.38%, min. 227 HUF, max. 115,511 HUF
x
1,339 HUF/month
Without fulfilling savings
requirement
Statement sent with transaction frequency, in a paper based format
0.26%, min. 508 HUF, max. 115,511 HUF
OTP Bank Plc Page 8, total: 21
4.
Account keeping monthly fee
Domestic HUF and intra-bank foreign currency ad hoc transfers
SEPA transfers
Permanent and value date intra-bank and domestic transfers
Fee charged to the paying party in case of group collection
Via OTPdirekt services 0.45%, min. 401 HUF, max. 115,511 HUF 0.11%, min. 189 HUF, max. 115,511 HUF
Initiated in a branch 0.55%, min. 490 HUF, max. 115,511 HUF 0.18%, min. 309 HUF, max. 115,511 HUF
CONDOMINIUM ACCOUNT PACKAGES
x x
x x
Preferential payment conditions x
Intra-bank
2,923 HUF/month
0.11%, min. 178 HUF, max 108,670 HUF
0.50%, min. 497 HUF 0.38%, min. 385 HUF
Cash deposit over the counter in HUF 0.05%, min. 220 HUF
0.18%, min. 309 HUF, max. 115,511 HUF
DESIGNATION
0.11%, min. 189 HUF, max. 115,511 HUF
ACCOUNT PACKAGES CONTENTS
0.16%, min. 304 HUF, max. 115,511 HUF 0.11%, min. 72 HUF, max 115,511 HUF
Inter-bank (23)
Inter-bank group collection
1,828 HUF/month
With authenticated electronic bank account statement (2)
Intra-bank group collection
510 HUF/month 1,594 HUF/month
Statement sent with transaction frequency, in a paper based format 819 HUF/month
0.12%, min. 227 HUF, max. 115,511 HUF 0.06%, min. 37 HUF, max 115,511 HUF
Intra-bank, initiated in a branch
Inter-bank, initiated in a branch (23)
0.45%, min. 401 HUF, max. 115,511 HUF 0.11%, min. 189 HUF, max. 115,511 HUF
0.55%, min. 490 HUF, max. 115,511 HUF
Intra-bank, through OTPdirekt services (22)
0.45%, min. 377 HUF, max 108,670 HUF
1 pc HUF current (operations) account
0.45%, min. 401 HUF, max. 115,511 HUF
0.12%, min. 227 HUF, max. 115,511 HUF 0.06%, min. 37 HUF, max 115,511 HUF
Inter-bank, through OTPdirekt services (22), (23)
0.12%, min. 214 HUF, max 108,670 HUF 0.06%, min. 35 HUF, max 108,670 HUF
0.05%, min. 220 HUF
OTHER CONDITION
FEES AND COMMISSIONS
Statement sent with monthly frequency, in a paper based format (1) 534 HUF/month
OTPdirekt monthly fee
TÁRSASHÁZI MINI account package TÁRSASHÁZI MAXI account package
Cash withdrawal over the counter in HUF
OTP Bank Plc Page 9, total: 21
5.
Account keeping monthly fee
Domestic HUF and intra-bank foreign currency ad hoc transfers
SEPA transfers
0.45%, min. 401 HUF, max. 115,511 HUF 0.11%, min. 189 HUF, max. 115,511 HUF 0.11%, min. 189 HUF, max. 115,511 HUF
0.11%, min. 189 HUF, max. 115,511 HUF
1 pc HUF current (operations) account
0.38%, min. 385 HUF0.50%, min. 497 HUFCash withdrawal over the counter in HUF
ACCOUNT PACKAGES NOT SOLD
DESIGNATION TAKAROS account package ALAP account package MOZAIK account package
Inter-bank, initiated in a branch (23) 0.45%, min. 401 HUF, max. 115,511 HUF 0.11%, min. 189 HUF, max. 115,511 HUF
FEES AND COMMISSIONS
647 HUF/month 1,833 HUF/month 2,199 HUF/month
Statement sent with transaction frequency, in a paper based format 819 HUF/month 2,923 HUF/month 3,333 HUF/month
Cash deposit over the counter in HUF
0.06%, min. 37 HUF, max 115,511 HUF 0.06%, min. 37 HUF, max 115,511 HUF
Via OTPdirekt services
0.11%, min. 189 HUF, max. 115,511 HUF 0.11%, min. 189 HUF, max. 115,511 HUFInitiated in a branch 0.45%, min. 401 HUF, max. 115,511 HUF
Statement sent with monthly frequency, in a paper based
format (1) 542 HUF/month
Preferential payment conditions x
x
ACCOUNT PACKAGES CONTENTS
0.38%, min. 385 HUF
0.06%, min. 37 HUF, max 115,511 HUF
0.12%, min. 227 HUF, max. 115,511 HUF
Inter-bank, through OTPdirekt services (22), (23) 0.45%, min. 401 HUF, max. 115,511 HUF 0.11%, min. 189 HUF, max. 115,511 HUF
0.05%, min. 220 HUF 0.05%, min. 220 HUF 0.05%, min. 220 HUF
Intra-bank, initiated in a branch
OTHER CONDITION
OTP Bank Plc. will not conclude new agreements for
this account package from 19 March 2018.
OTP Bank Plc. will not conclude new agreements for
this account package from 19 March 2018.
OTP Bank Plc. will not conclude new agreements for
this account package from 19 March 2018.
Fees related to the Electra Terminal, when the account
package is selected:
- installation fee: 0 HUF
- software licence fee: 0 HUF
- modem rental: 0 HUF.
Intra-bank, through OTPdirekt services (22)
1,860 HUF/month 2,247 HUF/month
With authenticated electronic bank account statement (2)
x x
x
Free of charge OTPdirekt Electra Terminal service x
0.11%, min. 189 HUF, max. 115,511 HUF
0.12%, min. 227 HUF, max. 115,511 HUF 0.06%, min. 37 HUF, max 115,511 HUF
OTP Bank Plc Page 10, total: 21
II.
1.
1.1
a.
b.
c.
d.
1.2
a.
b.
c.
d.
e.
f.
g.
h.
i.
j.
1.3
a.
b.
c.
d.
e.
3,217 HUF/month
Turnover special fee (13)
GENERAL PAYMENT CONDITIONS (14)
BANK ACCOUNT KEEPING
FEES RELATED TO ACCOUNT OPENING, ACCOUNT CLOSING, ACCOUNT KEEPING AND CHANGE OF SCHEME
HUF ACCOUNTS ACCOUNT KEEPING MONTHLY FEE
Account type
Current bank accounts for enterprises
Current bank accounts for non-profit organisations
OTP e-Forint current bank account (5)
963 HUF/month
Statement sent with monthly
frequency, in a paper based format (1)
With authenticated electronic bank
account statement (2)
Account closing fee (12)
963 HUF/month
963 HUF/month
1,149 HUF/month
2,746 HUF/month
3,322 HUF/month
With authenticated electronic bank
account statement (2)
3,135 HUF/month
3,800 HUF/month
Duty amount shown on the bank account statement, calculated for the respective account on the transactions subject to the
applicable act on financial transaction duty, using the duty rates set out in this act.
Free of charge
5,000 HUF / recontracting (0 HUF until 31 December 2020)
3,555 HUF/month
Condominiums, housing cooperatives operations account
Statement sent with transaction
frequency, in a paper based format
Statement sent with monthly
frequency, in a paper based format (1)
Savings accounts
3,437 HUF/month
2,642 HUF/month
974 HUF/month
10,000 HUF / account closing (0 HUF until 31 December 2020)
0 HUF/month
0 HUF/month
2,856 HUF/month
0 HUF/month
2,358 HUF/month
Account type
Enterprise foreign currency current bank accounts
974 HUF/month
2,777 HUF/month
0 HUF/month
Accounts not under the client's free disposal due to security deposit, custody, attorney custody,
cover security and other reasons974 HUF/month 963 HUF/month 1,117 HUF/month
Statement sent with transaction
frequency, in a paper based format
EUR, USD, CHF, GBP, CAD, SEK, JPY, BGNCurrencies in which foreign currency accounts are kept(21)
3,146 HUF/month
Bank technical accounts
Savings accounts (EUR, USD) 0 HUF/month
2,414 HUF/monthNon-profit organisations foreign currency current bank accounts
2,199 HUF/month
Account opening
974 HUF/month
Current bank accounts for foundations, donations
Other accounts
2,692 HUF/month
1,117 HUF/month
1,138 HUF/month
963 HUF/monthCondominiums, housing cooperatives renovation accounts (available only along with operations
account or condominium account package)
Accounts not under the client's free disposal due to security deposit, custody, cover security
and other reasons963 HUF/month
3,333 HUF/month
1,183 HUF/month
Current bank account, changing account package
974 HUF/month 1,183 HUF/month
0 HUF/month 0 HUF/month
2,247 HUF/month
974 HUF/month
3,910 HUF/month
Other foreign currency accounts
0 HUF/month
FOREIGN CURRENCY ACCOUNTS ACCOUNT KEEPING MONTHLY FEE (6)
0 HUF/month
OTP Bank Plc Page 11, total: 21
2.
2.1
a.
a.a.
a.b.
b.
b.a.
b.b.
b.c.
b.d.
2.2
a.
a.a.
a.b.
b.
b.a.
b.b.
b.c.
c.
d.
e.
e.a.
e.b.
e.c.
f.
2.3
a.
b.
c.
d.
e.
f.
g.
h.
i.
j.
0.11%, min. 123 HUF, max. 115,511 HUF
Transfers within the OTP Bank Group
Post office disbursement voucher (in addition to postage under the prevailing standard tariffs)
free of charge
Intra-bank HUF ad-hoc transfer to provide card coverage (possible only by using OTPdirekt call center and internet banking service)(16)
Intra-bank transfers, initiated in a branch (0.085%, min. 37 HUF, max. 115,511 HUF ) + 0.075% special fee
Via OTPdirekt services
SEPA transfers
Inter-bank domestic HUF transfers, initiated in a branch (23)
To the debit of OTP e-Forint current bank account, through OTPdirekt services
To the debit of OTP e-Forint current bank account, initiated in a branch
3,000 HUF
0.15%, min. 3,410 HUF, max. 80,000 HUF
0.10%, min. 1,500 HUF, max. 30,000 HUF
The fee for inter-bank transfer initiated in a branch, without minimum fee, with
respect to the bank account affected with the disbursement
To the debit of HUF and foreign currency account, initiated through OTPdirekt services or in a branch
2,000 HUF
0.50%, min. 10,000 HUF, max. 100,000 HUF
Urgent transfers
In case of OTP e-Forint current bank account (5)
To the debit of HUF and foreign currency account
INTERNATIONAL HUF AND FOREIGN CURRENCY TRANSFERS, INTER-BANK FOREIGN CURRENCY TRANSFERS WITH DOMESTIC DESTINATION (to the debit of HUF and foreign currency account)
Standard transfers
0.085%, min. 37 HUF, max 115,511 HUF
500 HUF / case (24), (25)
(free of charge until withdrawn but latest by 31 December 2020)
HUF 5,000
Surcharge of orders missing data
0.12%, min. 3,410 HUF, max. 80,000 HUF
Recovery (recall) of amount of transfers incorrectly fulfilled due to account owner’s fault
0.01%/item, max. 50,000 HUF
300 HUF/pc
8,900 HUF / item + postage under the prevailing standard tariffs (free of charge in a
promotion until withdrawn but latest by 31 December 2020)
5,000 HUF (in addition to the fee for standard transfer shown in point 2.2.a.)
Transaction fee for book transfer from foreign currency savings account to own foreign currency account
Registration of secondary account identifier or deletion thereof based on client’s request in a branch
Standard transfers
0.4%, min. 450 HUF
Initiating collection and administrative orders
Inter-bank domestic HUF transfers through OTPdirekt services (22), (23)
0.12%, min. 3,300 HUF, max 80,000 HUF + 5,000 HUF
0.16%, min. 252 HUF, max 115,511 HUF (20)
Inter-bank domestic HUF transfers initiated through OTPdirekt services (22), (23)
or in a branch (23)
DOMESTIC HUF, INTRA-BANK FOREIGN CURRENCY TRANSFERS
Intra-bank transfers through OTPdirekt services (22)
Book transfer between own accounts (11)
intra-bank (except book transfer from savings accounts)
Fee for intra-bank transfer, book transfer from HUF savings accounts of enterprises and non-profit organisations
Transaction fee for intra-bank transfer, book transfer from condominium savings account
0.14%, min. 37 HUF, max. 115,511 HUF (20)
0.11%, min. 123 HUF, max. 115,511 HUF
Euro expressz transfers (to the debit of EUR account, in EUR currency, through OTPdirekt services, urgent transfer initiated by 12:00
noon, with current day fulfillment)
Commission applicable to the condominium account package or operations account of the
client
0.16%, min. 252 HUF, max. 115,511 HUF
Initiated in a branch
OTP expressz transfers
Normal transfers – executable in SEPA 0.16%, min. 252 HUF, max. 3,000 HUF
(0.11%, min. 123 HUF, max. 115,511 HUF ) + 0.15% special fee
Initiation of domestic VIBER (Real Time Gross Settlement System) items in HUF to domestic destinations (from HUF or foreign currency account)
0.26%, min. 123 HUF, max. 115,511 HUF
EXECUTING AD-HOC TRANSFERS, BOOK TRANSFERS, COLLECTION AND ADMINISTRATIVE ORDERS, AS WELL AS TRANSFER WARRANTS
Intra-bank transfers via OTPdirekt services(22)
or initiated in a branch
OTHER
OTP Bank Plc Page 12, total: 21
3.
a.
b.
c.
d.
d.a.
d.b.
e.
f.
f.a
f.b
g.
g.a
g.b
4.
4.1
a.
b.
c.
4.2
a.
a.a.
a.b.
b.
b.a.
b.b.
c
5.
5.1
a.
b.
c.
Bulk deposit (in addition to points a.) and b.))
STANDING, DEBIT DATE SPECIFIED AND GROUP TRANSFERS / COLLECTIONS
In addition to the fees related to ad hoc transfers initiated in a branch (23)
, relating to the bank account or account package, irrespective of the method of order.
free of charge
Payment intermediary service fee published by Magyar Posta Zrt. as applicable
subject to case-by-case agreement
In HUF
1.00%, min. 1,105 HUF
110 HUF/pc
CASH DESK TRANSACTIONS
CASH WITHDRAWALS OVER THE COUNTER
In HUF (from HUF account, from foreign currency account)
0.05%, min. 220 HUF
Bulk withdrawal (in addition to the fee specified in points a. and b., as well as for the respective account package)
CASH DEPOSITS OVER THE COUNTER
In foreign currency
STANDING AND DEBIT DATE SPECIFIED AD HOC ORDERS
In foreign currency (from HUF account, from foreign currency account)
Banknote
Coin (in addition to the fee item listed in the Public Announcement on the fee items for the distribution of banknotes and coins)
Instant cash deposit through ATM to an account other than the card account underlying the card used to deposit (19)
tax and social security liability in case of paper based format
Post office deposits
0.05%, min. 5 EUR, max. 50 EUR
0.05%, min. 220 HUF
Commission for crediting of foreign currency transfer from foreign or other Hungarian banks
HUF accounts and account packages (except Bázis account package)
free of chargeCrediting of SEPA and EUR transfers within EEA
when increasing term deposit with a fixed amount
in other cases
free of charge
free of charge
Banknote
USD, EUR, GBP, CHF coin of min. denomination 1 (in addition to the fee item listed in the Public Announcement on the fee items
for the distribution of banknotes and coins)
0.75%, min. 1,105 HUF
free of charge
Instant cash deposit through ATM to the card account underlying the card used to deposit (19)
free of charge
0.38%, min. 385 HUF
above 100 EUR (or its equivalent in another currency)
HUF accounts and account packages (except Bázis account package) 0.05%, min. 220 HUF (0.025%, min. 110 HUF until withdrawn but latest by 01.03.2021)
Bázis account package 0.50% + 607 HUF (0.25% + 303 HUF until withdrawn but latest by 01.03.2021)
up to 100 EUR (or its equivalent in another currency)
Crediting of international HUF transfer
CREDITING
free of charge
free of charge
Bázis account package
The amount and due date of the fee the payee account or the account related to the card
used to deposit is subject to is listed in the Public announcement on “Cash deposits
through ATM to an account other than the card account underlying the card used to
deposit”.
Crediting of domestic HUF transfer (including VIBER)
OTP Bank Plc Page 13, total: 21
5.2
a.
a.a.
a.b.
b.
b.a.
b.b.
b.c.
b.d.
c.
d.
d.a.
d.b.
e.
f.
6.
a.
a.a.
a.b.
b.
b.a.
b.b.
b.c.
c.
d.
7.
a.
b.
c.
d.
e.
f.
8.
8.1
a.
b.
GROUP PAYMENTS (from HUF account, account package in HUF)**
Modification, cancellation of prompt collection
10 HUF + VAT / transaction
15 Ft
6,000 HUF
0.80%, min. 3.000 HUF
Below 300 million HUF annual account turnover 1,000 HUF + VAT / software / month
0.15%, min. 2,500 HUF, max. 100,000 HUF
700 HUF + VAT / software / month
free of charge
FOREIGN CURRENCY CHEQUE
EXPORT PROMPT COLLECTION
Purchase of cheque
If installed by the Bank
100 Ft
Other service related to group payment methods (forwarding of message/authorization outside the bank)
Issuing certification of group collection orders in a branch
Inter-bank collection, credited item
Over 300 million HUF annual account turnover
Installation
730 HUF + VAT / month
free of charge
Commission charged to the paying party’s bank account in case of group collection order
0.075%, min. 20 HUF
25,000 HUF / package + postage under the prevailing standard tariffs (free of charge
in a promotion until withdrawn but latest by 31 December 2020)
Installation and software use for condominium managers, which represent at least 10 condominiums that keep their current
accounts with OTP
Cheque received for collection
Annual account turnover above 300 million HUF (for clients recontracted from client terminal)
0 HUF for Electra Terminal agreements concluded on or after 19 March 2018.
0.20%, min. 3,000 HUF, max. 100,000 HUF
0.065% + 10 HUF
10 Ft
Intra-bank collection, credited item
For group collection received from outside the Bank, in addition to the fees pertaining to the branch ad hoc inter-bank transfer
pertaining to the account
Inter-bank collection, initiated item
10,000 HUF + VAT
Dispatching documents and/or bill of exchange for collection
500 Ft
0.20%, min. 7,000 HUF
If downloaded by the client from the internet
Software licence fee (8)
Repurchase of undrawn OTP-issued cheque
Cheque issued by OTP Bank
For group collection received from within the Bank, in addition to the fees pertaining to the branch ad hoc intra-bank transfer
pertaining to the account
Intra-bank HUF transfers
Purchase of cheque drawn on OTP
0 Ft
Domestic group collection order (per intra-group items)
Modem rental
3,000 HUFBounced cheque
DOCUMENTARY TRANSACTIONS PERFORMANCE
Intra-bank collection, initiated item
40,000 HUF + VAT
0.15%, min. 20 HUF
OTPDIREKT ELECTRA TERMINAL SERVICE
free of charge
Domestic group transfer (per intra-group items)
Inter-bank HUF transfers (23)
600 Ft
Recovery (recall) of amount of group transfers incorrectly fulfilled due to account owner’s fault
OTP Bank Plc Page 14, total: 21
8.2
a.
b.
c.
d.
e.
f.
g.
h.
i.
8.3
a.
b.
c.
8.4
a.
a.a.
a.b.
b.
b.a.
b.b.
c.
d.
e.
f.
8.5
a.
b.
c.
d.
8.6
a.
a.a.
a.b.
b.
c.
in addition to the fee specified in point 8.4.a.a., subject to separate agreement
IMPORT LETTER OF CREDIT (including domestic HUF letters of credit) (9) (10)
Certification of letter of credit (in addition to advising commission)
Drawdown of letter of credit (inspection of documents, crediting)
0.20%, min. 7,000 HUF, max. 100,000 HUF
0.15%, min. 7,000 HUF, max. 150,000 HUF
Opening, raising letter of credit payable at OTP Bank Plc.
6,000 HUF
Arrangement of import prompt collection (documents and/or bill of exchange)
Risk assumption fee
GUARANTEE ISSUED (including domestic foreign currency guarantee and international HUF guarantee)
One-off issuance commission
0.20%, min. 7,000 HUF, max. 100,000 HUF
6,000 HUF
in addition to the fee specified in point 8.4.b.a., subject to separate agreement
Keeping record of deferred payment
Modification of guarantee (except raise)
Management of drawn down guarantee
0.25%, min. 7,000 HUF
6,000 HUF
6,000 HUF/occasion
Drawdown of letter of credit (inspection of documents, payment)
Modification of letter of credit (except raise)
Modification, cancellation
Delivery of documents without payment
Issue, raise of guarantee and advising of bill of exchange
0.10%, min. 7,000 HUF
Second guarantee (with risk assumption)
6,000 HUF
EXPORT LETTER OF CREDIT (including domestic HUF letters of credit) (9)
Arranging certification of letter of credit by foreign bank
6,000 HUF/occasion
0.20%, min. 7,000 HUF
Assignment of letter of credit
Advising of letter of credit or advising of raise without assumption of obligation
cost of certifying bank
0.20%, min. 7,000 HUF
Preliminary inspection of documents submitted for letter of credit
In case of full coverage
Without full coverage
0.20%, min. 7,000 HUF
Subject to case-by-case agreement, depending on risk assumed by the opening
bank
Advising of letter of credit modification (except raise)
Transfer of letter of credit
6,000 HUF
Keeping record of deferred payment
Advising of guarantee issued by another bank, advising of raise, validation of authenticity (without risk assumption)
Advising of guarantee modification, except advising of raise (without risk assumption)
In case of full coverage
0.25%, min. 7,000 HUF
Without full coverage
0.15%, min. 7,000 HUF, max. 150,000 HUF
GUARANTEE RECEIVED (including domestic foreign currency guarantee and international HUF guarantee)
Drawdown of guarantee
Subject to case-by-case agreement, depending on the risk of the opening bank
3,000 HUF/occasion
0.30%, min. 7,500 HUF
Discounting of letter of credit with deferred payment
0.20%, min. 7,000 HUF
IMPORT PROMPT COLLECTION (if the commission is borne by our client)
Opening, raising letter of credit payable at a foreign bank or other Hungarian bank
in addition to the fee specified in point 8.6.a.a., subject to separate agreement
0.25%, min. 8,000 HUF
Subject to case-by-case agreement, depending on the risk of the opening bank
OTP Bank Plc Page 15, total: 21
9.
a.
b.
c.
d.
10.
10.1
a.
b.
c.
d.
e.
f.
10.2
a.
b.
c.
10.3
a.
b.
10.4
a.
b.
10.5
a.
b.
10.6
a.
b.
c.
10.7
a.
b.
1,570 HUF/pc
(free of charge until 31 December 2020)
Certification of placing of property collateral 0.104%, min. 1,500 HUF
Other certification (e.g. execution of transfer order, payment of ordinary share capital)
CLIENT CORRESPONDENCE RELATED FEES
Fee for branch retention
Fee for renting deposit box
1,570 HUF / pc
1,161 HUF / Account Owner / month
7,000 HUF
1,161 HUF / Account Owner / month
one-off 0.30%
HUF 5,000
Subject to agreement, but min. 5,200 HUF / client / occasion
Subject to agreement, but min. 5,200 HUF / client / occasion
BILL OF EXCHANGE
Bill of exchange fee in case of protest
Management fee for foreign currency bill of exchange placed in safe-keeping custody deposit
BANK INFORMATION
Upon the written request of the account owner
Account information disclosed for the purpose of auditing
ISSUING AND MODIFYING CERTIFICATIONS
For document size up to 20 kB
For document size in excess of 20 kB
1,490 HUF/download
1,490 HUF up to 20 kB, 35 HUF/kB above 20 kB
ONLINE SERVICE FOR RETRIEVAL OF ELECTRONIC COMPANY REGISTRY EXTRACT
Certificate of coverage 0.104%, min. 1,500 HUF
2,900 HUF/account/month
(free of charge until 31 December 2020)
500 Ft
Queuing in branch, other than compulsory queuing, based on agreement
HUF 5,000
1,570 HUF/pc
Commission on Internet service
Issuing of ad hoc certification upon the request of the client, evidencing the payment of customs debt and customs security to the debit
of the bank account
In case of queuing other than order of arrival
Queuing of one-off transfers recorded via Electra Terminal, within a day (based on separate agreement concluded as from 1 July 2012)
MANAGEMENT OF CONTINGENT HUF ORDERS ON HUF ACCOUNT
0.41%, min. 520 HUF/item
1,000 HUF / pc
OTHER SERVICES
3,000 HUF
3,000 HUF
Modification, cancellation of orders
0.20%, min. 7,000 HUF
Consultancy fee (letter of credit, drafting guarantee wording at the client’s request)
Obtaining bank information on client
For cash deposit (in addition to the commission on the service) in the amount according to point 4.2
Commission on services
CUSTOMS CASH DESK SERVICE
2.2, 3.b, 3.c, 7. AND 8. POINTS RELATED SERVICES
Release of consignment dispatched to OTP’s address/order
Separate banker’s correspondence, urging payments, modifying and deleting international transfers, correction of inaccurate orders
Fee for forwarding photocopy of voucher (e.g. SWIFT photocopy)
0.46%, min. 600 HUF/item
OTP Bank Plc Page 16, total: 21
10.8
a.
b.
c.
10.9
10.10
10.11
10.12
a.
b.
c.
d.
10.13
11.
11.1
a.
b.
11.2
a.
b.
b.a.
b.b.
12.
a.
b.
c.
d.
Subject to agreement, but min. 315 HUF / statement
In case of foreign address
Employer product package services
9.00% p.a.
Debt management fee
Correspondence fee
FEES ARISING FROM CONDUCT NOT IN COMPLIANCE WITH THE AGREEMENT (for bank accounts and overdraft facilities)
DUE DATE OF FEES, COMMISSIONS AND COSTS
In case of domestic address
free of charge
Subject to agreement, but min. 420 HUF / pc
Employer product package Gold offering
Employer product package Platinum offering
LATE PAYMENT OF OUTSTANDING FEES, COMMISSION AND COSTS
3 million HUF / year (promotion: free of charge until withdrawn)
600 HUF / month
1,000 HUF / mail
According to the prevailing tariffs of TakarNet
The following commissions, costs and fees are due to be paid monthly, on the last working day of the month (in the account keeping currency) in accordance with the conditions effective on the date of settlement: account
keeping monthly fee, turnover special fee, intra-bank HUF and foreign currency transfers, inter-bank domestic HUF ad hoc transfers, standing orders and ad hoc orders given with designated debit date, for group collection
orders the commission charged to the bank account of the paying party, cash deposit over the counter in HUF, cash withdrawal over the counter in HUF, Electra software licence fee and modem rental fee, client
correspondence related fees. Charging occurs based on the number of transactions existing on the working day preceding the last working day of the month at the time of closing the account keeping system. Charging of
the account keeping monthly fee occurs based on the account scheme existing on the working day preceding the last working day of the month at the time of closing the account keeping system, to the respective account
or, if agreed, to another (charging) HUF bank account of the client.
The following commissions, costs and fees are due to be paid quarterly, on the last working day of the quarter (in the account keeping currency) in accordance with the conditions effective on the date of settlement: group
payment related fees (except 5.2.e). Charging of the quarterly transaction costs occurs based on the number of transactions existing on the working day preceding the last working day of the quarter at the time of closing
the account keeping system, to the respective account or, if agreed, to another (charging) HUF bank account of the client.
Other fees, commissions, costs (not covered in sections a, b, c and d) are due to be paid (in the account keeping currency) when incurred, in accordance with the conditions effective on the date of settlement. Charging of
OTPdirekt services fees occurs in accordance with the provisions of the public announcement entitled "Conditions list of OTPdirekt services for commercial banking clients", charging of debit card fees occurs in
accordance with the provisions of the "Debit Card Terms of Business".
600 HUF / mail
FEE FOR MAKING PHOTOCOPIES
Accounting document, other banking document
Other document related to account keeping
Issue of account statement copy upon specific request
SCHEDULED BLOCKING ON FOREIGN CURRENCY ACCOUNT
SPECIAL ENTERPRISE SERVICES
In respect of HUF account
In respect of foreign currency account
LATE PAYMENT INTEREST RATE FOR THE PERIOD OF DEFAULT
Interest rate of HUF overdraft facility prevailing at all times + 6.00%
FEE FOR COPY OF TITLE DEED (in case of using TAKARNET) (18)
2,500 HUF
POSTAGE ACTUALLY INCURRED
Employer product package Diamond offering
3 million HUF / year
500 FtMAILING OF FOREIGN EXCHANGE RATES LIST
3 million HUF / year (promotion: free of charge until withdrawn)
Mail post basic fee published by Magyar Posta Zrt. as applicable
Subject to agreement, but min. 420 HUF / pc
Fees for post office deposits are charged monthly, posteriorly, in one amount after the tenth working day of the month, based on the post office deposits made to the respective account in the previous month.
OTP Bank Plc Page 17, total: 21
13.
13.1
a.
a.a.
a.b.
b.
b.a.
b.b.
c.
c.a.
c.b
13.2
a.
a.a.
a.b.
b.
b.a.
b.b.
c.
c.a.
c.b
13.3
a.
b.
13.4
a.
a.a.
a.b.
b.
b.a.
b.b.foreign currency purchasing rate / cheque
selling rate
Crediting -
-
-foreign currency purchasing rate
TRANSFERS, DOCUMENTARY TRANSACTIONS, GUARANTEES IN FOREIGN CURRENCY
Foreign currency deposits and withdrawals over the counter
-
-
-
foreign currency purchasing rate / foreign
currency selling rate
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foreign currency selling rate
CASH DESK TRANSACTIONS
FOREIGN CURRENCY ACCOUNT WITH
CONVERSION
Intra-bank transactions
Crediting
TURNOVER DUE TO FOREIGN CURRENCY CHEQUES
-
-
foreign currency selling rate
foreign currency purchasing rate / foreign
currency selling rate
foreign trade foreign currency selling rate
Crediting
Debiting
-
foreign currency purchasing rate / foreign
currency selling rate
cheque purchasing rate / foreign currency
selling rate
-
-
foreign trade foreign currency purchasing rate
International inter-bank transactions
foreign currency purchasing rate
Intra-bank transactions
Domestic inter-bank transactions
International inter-bank transactions
-
Crediting
foreign currency purchasing rate / cheque
selling rate
FOREIGN CURRENCY ACCOUNTHUF ACCOUNT
-
Crediting
-
Debiting
-
cheque purchasing rate
cheque selling rate
Debiting cheque purchasing rate
foreign currency selling rate
-
Debiting
Crediting
Debiting
Crediting
Debiting
Crediting
Debiting
Domestic inter-bank transactions
cheque purchasing rate / foreign currency
selling rate
HUF cash deposits and withdrawals over the counter
foreign currency purchasing rate / foreign
currency selling rate
foreign currency selling rate
foreign trade foreign currency purchasing rate
foreign currency purchasing rate / foreign
currency selling rate
-
foreign currency purchasing rate / foreign
currency selling rate
-
-
foreign currency purchasing rate
foreign currency purchasing rate
foreign trade foreign currency selling rate
foreign currency purchasing rate
foreign currency selling rate
Crediting
Debiting
-
-
APPLICATION OF EXCHANGE RATES RELATED TO PAYMENTS TURNOVER
-
Debiting
-
-
TRANSFERS IN HUF
-
foreign currency selling rate
OTP Bank Plc Page 18, total: 21
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Bulgaria Expressbank AD, Varna
Albania OTP Bank Albania, Tirana
Priority orders are posted for execution by OTP Bank Plc. with a value date being the first day following the current day.
Upon acceptance of foreign currency transfer orders, blocking of funds occurs at the foreign currency selling rate listed by OTP Bank Plc. and effective on the date of acceptance, along with the exchange rate risk
Debiting on the client account occurs on the execution date, at the foreign trade foreign currency selling rate listed by OTP Bank Plc., effective on this date. OTP Bank Plc. quotes foreign trade exchange rates twice per
day: first at 12:00 noon, second at 14:00. Application of the respective exchange rates to the initiated and received international transfers depends on the time when the item is received, according to the provisions of the
Terms of Business on Payment Services.
The exchange rate listed first on the processing day is applied to settlements related to documentary payments and transfers which require subsequent consultation.
Letters of credits and prompt collections are undertaken by the bank based on The Uniform Customs and Practice for Documentary Credits, as well as The Uniform Rules for Collections issued by the International
Chamber of Commerce respectively, as applicable at all times, even if they are not stipulated by the party giving the order.
OTP Bank Plc. shall only accept and execute orders which are compliant with its business policy.
Russia
Montenegro
Romania
Croatia
Ukraine
OTP Banka Slovensko A.S., Bratislava
DSK Bank EAD, Sofia
OTP Bank Romania S.A.., Bucharest
OTP Banka Hvratska D.D., Zadar
Euró Expressz orders are posted by OTP Bank Plc. for execution on the current day.
In addition to the own commissions published, the foreign bank commissions as well as extra costs (courier service, DHL, TNT, etc.) are recharged to the clients.
Imprecise and/or incomplete orders are kept on hold by the bank at the liability of the party giving the order until the details required for execution are duly provided.
Orders – either paper-based or initiated through the OTPdirekt services – which are submitted by 14:00 on a certain day are considered by OTP Bank Plc. to be arrived on that certain day. Orders submitted after this point
of time are considered to be submitted on the next banking day.
The commissions are charged in the currency of the account keeping, based on the foreign currency amount of the order, simultaneously with performing the service, based on the effective foreign trade foreign currency
exchange rate quoted by OTP Bank Plc.
Serbia
The Bank applies an individual exchange rate over 50,000 EUR. The individual exchange rate is applied by the Bank only to transactions initiated in the bank branch. For international payments exceeding the
value limit of 50,000 EUR and charged against a HUF account, the Bank shall apply individual foreign trade exchange rate.
Vojvodjanska Banka A.D., Novi Sad
Clients shall be required to give notice of priority transfers in excess of 1 million in either USD, EUR, CHF or GBP currency on the day preceding the initiation of the transfer. The International Banking Operations General
Department shall be informed of the notice.
Express transfer to OTP Bank group members means that the beneficiary client account shall be credited within the same day.
The current member banks of the OTP Bank Group are as follows:
Slovakia
An order is considered as "missing data" if the destination of the payment transaction is a country where client accounts are identified with IBAN (International Bank Account Number) and/or banks are identified with BIC
(SWIFT identifier), and the order fails to indicate these, and also if generally the data necessary for executing the payment (account, bank or other identifiers, or any supplementary information required by the recipient
country) are not included or partially included in the order. For executing any order failing to include at least one of the referred identifiers or information, OTP Bank Plc. may charge a surcharge as indicated in the
applicable public announcement.
In respect of the member states of the European Economic Area (EEA), as well as for the execution of payment transactions to be performed in SEPA, it is required to indicate the international bank account number (IBAN)
of the beneficiary and the BIC (SWIFT identifier) of the bank of the beneficiary. Any order not including the international bank account number of the beneficiary may be rejected by OTP Bank.
Joint Stock Company OTP Bank, Moscow
Crnogorska Komercijalna Banka AD, Podgorica
JSC OTP Bank, Kiev
INFORMATION ON THE GENERAL TERMS AND CONDITIONS OF THE PERFORMANCE OF THE INTERNATIONAL HUF AND FOREIGN CURRENCY, AS WELL AS DOMESTIC FOREIGN CURRENCY PAYMENTS
Bulgaria
SEPA transfers: may be initiated only in EUR currency, in respect of SEPA member states (https://www.europeanpaymentscouncil.eu/document-library/other/epc-list-sepa-scheme-countries) , if the bank of the beneficiary
is a member of SEPA. SEPA transfers are credited to the account of the beneficiary latest on the 1st working day for orders submitted via an electronic channel, and on the 2nd working day for orders submitted in a paper-
based format, after submitting the order. (Orders qualify as submitted on a respective day by 14:00.)
Costs of transfers which could not be executed and were returned by foreign banks are to be borne by the ordering party at all times.
In case of SEPA transfers initiated through the OTP Direkt services or transfers within the bank group (point 2.2.e.), during cover verification the commission for standard transfers (point 2.2.a.a.) is blocked in addition to
the amount to be transferred, lacking this the transaction may not be initiated. Actually the fee specified for SEPA transfers or for transfers within the bank group is charged.
The above published commissions apply to routine transactions only. Commissions on special transactions are subject to separate agreements.
OTP Bank Plc Page 19, total: 21
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If authenticated electronic bank account statement is selected, the Account Owner shall receive an authenticated electronic bank account statement, which is provided under the OTPdirekt Electra Terminal service and/or the OTPdirekt
internet service by the Bank, provided that the bank account was previously included in the agreement of the respective electronic channel. The detailed conditions of the authenticated electronic bank account statement is contained in the
applicable “Public Announcement on bank account statements" (Annex 2 to Terms of Business on Payment Services). Clients contracted for e-statement service package before 18 May 2015 are subject to conditions identical with those of
authenticated electronic bank account statement.
If this Public Announcement applies to any bank account of the client, it automatically results in the application of this Publication to all further bank accounts of the same client.
REFERENCES
If account statement retained in a branch or received along with box rental is selected, the account keeping monthly fee is equal to the account keeping monthly fee charged for paper based statement posting with monthly frequency.
The fee is determined for one year in advance, on the basis of the account turnover at OTP Bank Plc.
OTP Bank Plc. conducts domestic HUF letter of credit transactions with a transactional value of over 100 thousand HUF, charging the fees specified in points 8.2 and 8.4.
In addition to the fees, if risk is assumed by the Bank, a risk assumption fee depending on the client’s rating is charged. The specific amount of the guarantee fee shall be determined on a case by case basis, depending on the rating of the
transaction and the Client.
Pursuant to the provisions of Act CXVI of 2012, "transfers between own accounts" shall mean such intra-bank transfers where the account owner initiating the transfer is identical with the account owner receiving it. Such transfer include
transfers between the Account Owner’s sole trader bank account and private retail bank account (including retail bank accounts with multiple owners where one of the account owners is the sole trader). Transfer to a credit account does not
qualify as transfer between own accounts. For transfers to the home pre-savings account of the Account Owner kept at OTP Lakástakarék Zrt., the fee for intra-bank transactions between own accounts is applied.
It is charged in case of account closing within one year from opening the account, only in respect of HUF or foreign currency current accounts, and not charged in respect of segregated or savings accounts.
The turnover special fee is charged on each debit transaction defined in the referenced act. In case of recontracting to a bank account/account package included in this Public Announcement, charging of the turnover special fee applies from
the moment of recontracting. For foreign currency accounts, the turnover special fee is charged in the account keeping currency. If the charging account is a HUF account, then the fee item is charged at the MNB average exchange rate
effective at the time of charging the fee. For your information, the duty items provided for in the effective act on financial transaction duty are currently as follows:
- for cash withdrawal transactions: 0.6% / transaction,
- for purchases with card:
• 500 HUF / year, if at least one contactless purchase transaction was made with the respective card in the previous calendar year,
• 800 HUF / year, if none of the purchase transactions made with the respective card in the previous calendar year was a contactless purchase transaction,
- for other debit transactions: 0.3%, maximum 6,000 HUF / transaction,
- After 1 December 2018, transfers initiated from payment accounts for the benefit of restricted payment accounts belonging to Széchenyi Recreational Cards are exempt from duty,
- With effect from 1 January 2019, for transfers initiated from the accounts of natural person entrepreneurs not included in the Sole Entrepreneur Register (other independent entrepreneurs, original producers not having a tax ID, other
individuals having a tax ID, as well as foreign entrepreneurs), the basis for the financial transaction duty will be the amount in excess of 20,000 HUF per transfer.
The commissions, costs and fees for the payment bank account used for transacting Széchenyi Card credits are identical with the conditions of the OTP e-Forint payment bank account. When concluding the e-Forint current bank account
agreement, the Account Owner is required to conclude an agreement for at least one business card, as well as the OTPdirekt internet service and the OTPdirekt telephone administration service.
For foreign currency accounts, the account keeping monthly fee is charged at the last listed OTP average exchange rate effective on the closing date, as specified in the retail payment bank account Terms of Business entitled "Retail foreign
currency account management and foreign currency trading".
By selecting the account package, the Account Owner commits to perform annually at least the debit account turnover specified in the account package agreement collectively on all the enterprise bank accounts owned by them and kept with
OTP Bank Plc. The following transactions are not included in debit account turnover: (a) book transfers between own accounts, (b) deposit tie-ups, (c) charging of fees, commissions, costs and interests initiated by OTP Bank Plc., (d)
cancellation transactions, (e) credit repayment.
In case of debit transactions performed in foreign currency, the debit account turnover is considered at the end-of-day OTP average exchange rate effective on the transaction date.
If the Account Owner fails to meet the commitment, OTP Bank Plc. may charge 0.1% surcharge based on the difference between the committed and the actually realised annual debit account turnover, to the bank account of the Account
Owner specified in the account package agreement. If the Account Owner terminates the payment account subject to the commitment, or recontracts to another account package or payment account, OTP Bank Plc. may verify whether the
Account Owner met the committed debit account turnover pro rata temporis, and if not, it may charge the 0.1% surcharge based on the proportional shortfall. If the Account Owner has more than one account package for which it committed to
a minimum annual debit account turnover in the account package agreement, then any surcharge shall be charged to the account subject to the highest amount of commitment and opened earliest. The calculation of the annual debit account
turnover starts from the opening date of the account package (or the effective date of recontracting to the account package) and ends on the same calendar day of the next year. After one year elapsed, calculation of the account turnovers
starts over. Further conditions:
- The amount of the minimum annual debit account turnover commitment specified in the account package agreement may be changed by modifying the agreement. For the respective account package, the Account Owner may contract for a
commitment of lower amount if at least one year has elapsed since concluding the account package agreement or the last modification thereof. In respect of commitment of higher amount, the agreement modification is not subject to time
limit.
If the Account Owner has more than one account package for which a commitment to a minimum annual debit account turnover is included in the account package agreement, then OTP Bank Plc. shall only consider the commitment with the
highest amount when verifying whether the commitment was met, and during charging any surcharge. Even in such cases, OTP Bank Plc. charges a surcharge maximum once per year to the bank account of the Account Owner specified
above, provided that the commitment is not met by the Account Owner.
- If the value of the committed annual debit account turnover of the highest amount is decreased by the Account Owner, then the inspection period with regard to the calculation of the annual debit account turnover shall not change.
- If the value of the committed annual debit account turnover of the highest amount is increased by the Account Owner, then the inspection period with regard to the calculation of the annual debit account turnover shall restart from the
effective date of the respective account package agreement modification.
- If the Account Owner has an account package for which a commitment to minimum annual debit account turnover is included in the account package agreement, and the account owner recontracts to another account package, they may
only contract back to the original account package if at least one calendar year has elapsed since the date of recontracting from the original account package.
The indicated account keeping fees are applicable in case the same statement type is associated to both the HUF and foreign currency account of the account package. Different statement types may also be set for the HUF and foreign
currency account. Charging the account keeping fee occurs in all cases as follows:
- to the HUF account of the Standard Devizaplusz account package, the account keeping fee specified for the Standard account package is charged, whereas to the foreign currency account thereof, the account keeping fee specified for the
foreign currency accounts of enterprises (point II.1.3.a) is charged by us;
- to the HUF account of the e-Devizaplusz account package, the account keeping fee specified for the e-account package is charged, whereas to the foreign currency account thereof, the account keeping fee specified for the foreign currency
accounts of enterprises (point II.1.3.a) is charged by us.
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OTP Bank Plc Page 20, total: 21
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Charged per case, independent of the number of managed secondary account identifiers.
The detailed terms and conditions for instant cash deposits through ATMs—to the card account related to the card used to deposit or to another account—are contained in the Debit Card Business Regulations.
The fee will be effective from 02 March 2020.
As a result of the amendment of the law, transfers to the Széchenyi Recreational Card accounts kept by OTP Pénztárszolgáltató Zrt. shall qualify as inter-bank transfer instead of intra-bank transfer. In order to reduce the burden on
employers, from 6 January 2019 OTP Bank Plc. shall apply the same conditions to ad hoc transfers, standing transfers, ad hoc transfers submitted with a specified debit date and group transfers to Széchenyi Recreational Card accounts kept
by OTP Pénztárszolgáltató Zrt., as applicable to items initiated within the bank in a branch or through the OTPdirekt service, including 0 HUF ad hoc transfers if an account package has this feature. In the case of the Small Business START
account package, the Small Business GOLD account package, the Small Business ACCOUNTANT account package and the NON-PROFIT account package, the number of preferential ad hoc transfers is decreased if they are initiated within
the count of preferential transfers.
Transfers initiated under the eBiz service shall be subject to the same conditions as items initiated via the OTPdirekt service, i.e. the fees for transactions initiated via OTPdirekt services shall apply, including the 0 HUF ad hoc transfers as
well, if the account package has any.
From 10.03.2017. OTP Bank Plc. shall not conclude new agreements for Foreign Currency Savings Account, as well as for attorney custody deposit account in EUR currency.
The maximum fee applicable to HUF payment account intra-bank HUF and foreign currency, as well as domestic HUF ad hoc transfers applies to all such paying account agreements which are subject to this Public Announcement.
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The detailed terms and conditions of the transaction for providing card coverage are contained in the Debit Card Terms of Business, the Commercial Banking OTPdirekt General Terms of Business, as well as the Public Announcement on the
OTPdirekt services provided for commercial banking clients.
Fee for the TakarNet query performed by OTP Bank Plc. The fee is charged per certification/query. For the TakarNet service fees, our clients shall visit www.foldhivatal.hu => TakarNet information => Fees.
The preference varies depending on the date when the Gold account package agreement was concluded:
- For account packages contracted before 6 January 2016, the Private Banking basic agreement is provided by the Bank to one private person designated by the enterprise for a monthly fee of 0 HUF.
- For account packages contracted on or after 6 January 2016, the Private Banking basic agreement is provided by the Bank to one private person designated by the enterprise for a monthly fee of 0 HUF (in a promotion until withdrawn) only
is the private person client using it meets the Base condition set out in the public announcement entitled “Public Announcement on interest rates, costs and fees applicable under the micro and small enterprise / medium and large enterprise /
agricultural enterprise - private banking common value offering (hereinafter: MKV / KNV / AGK - Gold private banking service)". The monthly fee applicable if the Base condition is not met is also set out in the referenced public announcement.
The prerequisite of using the preferential private banking service associated with the Small Enterprise Gold account package is the conclusion of the OTP Private Banking basic agreement relating to the private banking – enterprise common
value offering. For this, the client shall notify their private banking advisor that they have a Small Enterprise Gold package.
OTP Bank Plc Page 21, total: 21