Public Joint-Stock Company OTP Bank SWIFT/BIC code

SWIFT/BIC code of Public Joint-Stock Company OTP Bank

Whether you are given OTPVUAUK or OTPVUAUKXXX, it is the identical identifier for Public Joint-Stock Company OTP Bank in Ukraine. A SWIFT code shows the sending bank which institution is meant to get the money, a bit like a postal address for banks. It comes up mostly for transfers between countries or a currency.

We wrote this page to help anyone who receives money at an account at Public Joint-Stock Company OTP Bank. The SWIFT code on its own cannot identify a personal account; for that you need the account number or IBAN .

When will the money arrive at Public Joint-Stock Company OTP Bank?

How quickly a transfer arrives at Public Joint-Stock Company OTP Bank depends on a few things: the currency, the number of banks in between, cut-off times and differences in time zone. Weekends and public holidays in the sending or receiving country add a day or more. Compliance checks on larger or unusual payments can also cause a delay.

When a payment takes longer than expected, contact your bank about the tracking status or the UETR. Specialist transfer services usually show a status online so you can see how far the money has got.

Only the sending bank can start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender a copy of the payment confirmation including the reference – it helps your own bank look for the money.

About this information

We gather bank codes from publicly available data and check them regularly. Banks merge, change names and retire codes. The figures on this page reflect what is in our directory, not official figures from Public Joint-Stock Company OTP Bank.

See the information here as a helpful check and rely on the recipient or Public Joint-Stock Company OTP Bank for the final confirmation. GoldexPay is independent of Public Joint-Stock Company OTP Bank; we are a comparison site for money transfers. Spotted an error? Tell us through the contact page.

8 or 11 characters: OTPVUAUK versus OTPVUAUKXXX

The structure of every SWIFT code is always the same: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. The result is OTPVUAUK for Public Joint-Stock Company OTP Bank.

Many banks and apps accept both lengths. If yours requires eleven characters, enter OTPVUAUKXXX, otherwise OTPVUAUK is fine.

Leave out spaces when you type OTPVUAUK or OTPVUAUKXXX. Copying the code is safer than typing it by hand: a typo can point to another bank.

Public Joint-Stock Company OTP Bank: head office code versus branch codes

Our directory lists 11 SWIFT/BIC codes for Public Joint-Stock Company OTP Bank in 7 cities. Next to the head office code OTPVUAUKXXX, there are codes for branches, departments or specific services.

Unless the recipient tells you otherwise, go with OTPVUAUKXXX or its short form OTPVUAUK. When you receive a specific code, use it as it is rather than swapping it with the head office code.

The safest route is to take the code directly from the account holder’s statement. Branch codes are more prone to change than OTPVUAUKXXX when a bank merges or closes offices.

Is OTPVUAUK still correct? How to check

Have the recipient send you the bank details directly from their banking app. When the code you were given differs from OTPVUAUK or OTPVUAUKXXX, stop and ask – contact the recipient or Public Joint-Stock Company OTP Bank.

An incorrect BIC can cause a delay, a payment being sent back or extra fees along the way. An error in the IBAN or account number is more serious; check it just as carefully.

Most online banking apps validate the format of an IBAN. More and more banks compare the payee name against the account – do not ignore a mismatch warning. Sending a small amount first can be a sensible step for a large first payment.

Paying someone abroad from your Public Joint-Stock Company OTP Bank account

An international bank payment can cost rather more than the fee suggests. Besides a fixed fee, banks in between can take a cut, and if currencies are converted the bank usually applies a rate that is less favourable than the real market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts using an exchange rate that includes a margin. Compare the rate you are offered with the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Specialised transfer providers frequently use rates closer to the mid-market rate and lower fees. Before your next transfer, it is worth comparing what arrives on GoldexPay. Using a transfer service does not mean closing your account at Public Joint-Stock Company OTP Bank.

Changed bank details? Be careful

Fraudsters often send payment requests containing changed bank details sent from what looks like a familiar address. A valid SWIFT code says nothing about who owns the account.

Always confirm changed bank details through a phone call, using a number you already had. Watch out for urgent requests, unusual wording or a sender address that is slightly off. Already paid? Call your bank without delay and have them try to recall the payment and report the fraud.

Scams can also target the receiver: someone sends more than agreed and wants you to refund the extra. Do not act before the money has really arrived – ask Public Joint-Stock Company OTP Bank if something looks wrong.

Receiving money from abroad at Public Joint-Stock Company OTP Bank

A sender in another country will ask for several details about your account, and missing ones are a common cause of delays. What they need is: your name, account number or IBAN, OTPVUAUKXXX and, for some countries, your postal address.

Some sending banks want the address of Public Joint-Stock Company OTP Bank in Kiev; it does no harm to include it. Check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be lower than what was sent. Charges on incoming payments vary per bank – the price list of Public Joint-Stock Company OTP Bank tells you what applies. On invoices, you can state how the fees are split to avoid a shortfall.