OTP Bank-Some important Details about This Broker

BASIC INFORMATION

OTP Bank Group is an independent financial service providers in Central and Eastern Europe with full range of banking services for private individuals and corporate clients. It was founded 1949, with the headquarters at Budapest, Hungary with total assets of HUF 14,590.3 billion (2018). Budapest-based OTP Group is a major financial institution in the Central and Eastern European region. OTP Global Markets including private banking solutions operates subsidiaries in 11 countries from Croatia to Russia, offering a wide range of international, group-level money and capital market services, as well as custodian, investment, and ancillary services. Their regional experts are continuously sharing their knowledge and working together closely to provide an equally high standard of service to nearly 20,000 domestic and corporate, retail, and institutional clients of the treasury and private banking business throughout the region.

REGULATORY INFORMATION:

No valid regulatory information

ACCOUNT TYPE:

Clients of OTP BANK can select from distinctive account sorts, each with diverse exchanging procedures, involvement levels, and monetary markets in intellect. Below are the types of account:

· Base Account

· Active Account

· Minimum Account

· Classic Account

· Premium + Account

· Junior Account

SECURITIES ACCOUNT

· Securities Account

· Retirement Saving Account

· Loan Term Investment Account

· Premium Wealth Planning

PRODUCTS

Clients of OTP BANK can select from the following types of products:

· Account Management

· Bank Card

· E Banking

· Securities

· Private Banking

SERVICES

OTP Private Banking also offers a wide range of products and services to affluent clients including the followings.

· Multi-country services

They offer the standard of services customary in Hungary in all their foreign subsidiaries. Dedicated private banking services, such as the assistance of a personal adviser, are available to their private banking clients across Croatia, Serbia, Slovenia, Romania, Montenegro, Bulgaria, Albania, Moldova, Ukraine and Russia.

· Personalized investment advisory services

Their highly qualified private banking advisers help their clients in making their important decisions by providing a wide portfolio of investment products, personalized investment advice as well as money and capital market services.

· Discretionary portfolio management

Within the framework of OTP Global Markets‘ discretionary asset management service, experts in the field of portfolio management manage clients’ savings in active fashion.

· Model portfolio recommendation

Their experts offer model portfolio recommendations tailored to individual risk profiles. With the help of their advisers, a unique, customized investment strategy can be formed.

Up-to-date analyses

They assist in making investment decisions with up-to-date market and individual bond-to-stock analysis.

Expert type client approach

Dedicated professionals guide our clients though personalized strategic asset allocation decisions in various asset classes such as stock, bond and foreign exchange market.

Direct Private Banking service

They were the first to launch private banking services exclusively utilizing fully digital channels in Hungary.

PAYMENT METHOD

DEPOSIT:

OTP BANK bolsters a run of store strategies, counting bank wire exchanges, Visa and Mastercard charge and credit cards, PayPal, depending on the account type being opened.

SUPPORT LINE

+36 (1) 366 6666

TRADING PLATFORM

OTP Trader is an online foreign exchange trading system that enables on-the-spot electronic trading between OTP Bank and its customers. The system significantly eases the management and administration of special exchange rate.