Bucharest, October 6, 2009 – OTP Bank Romania announces the launch of Direct Debit Inter-banking, starting with October 5, 2009. The service represents one of the safest payment tools and it is an alternative to the classical payments solutions, which sets an automatically payment method for a certain amount, in the national currency, between a payer and a beneficiary from several fields (telecommunications, insurances, utilities providers or others).

The new service includes a series of advantages for the payer clients:

  • Fast and comfortable: you can pay your bills without queuing;
  • Lower commission than those applied to other payment tools (drafts, cheques etc.);
  • The current account statements (on paper or in electronic version) provide the control of operations;
  • The Direct Debit Inter-banking service from OTP Bank Romania can be used both, in the relation between individuals and companies, as well as between companies.

For beneficiaries, the main advantages are represented by reduced costs for collecting receivables and a higher control on cash flows, by a planned money collection and low operational risk.

“Direct Debit Inter-banking is a fast, simple, comfortable and safe service. By launching the new system, we intend to solve an obvious problem: if, until now, both the payer’s and the beneficiary’s accounts had to be opened at OTP Bank Romania, from now on, they can perform payments even if having accounts at different banks”, said László Diósi, CEO OTP Bank Romania.

In order to activate the service, clients have to previously sign a Direct Debit agreement with their bank. Direct Debit Inter-banking is also an useful solution in the direct relation between companies, an alternative to the more difficult and expensive ways of payments, such as cheques or notes of hand.

OTP Bank Romania is a member of OTP Group, the largest independent bank group in Central-Europe. OTP Bank provides financial services in nine countries in the region, for more than 13.5 million customers, through more than 1,500 territorial branches and via electronic channels.

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