The service “Statement of account (SWIFT MT940)” is addressed to the legal entity clients who perform a centralized liquidity management activity and who wish to collect the statements of their current accounts (RON, EUR, USD, CHF, HUF etc) within the main bank, in order to optimize the liquidity flow.

Therefore, based on an agreement previously signed, OTP Bank Romania S.A.:

• offers its clients, users of OTPdirekt service, the statements of account for the current accounts opened with any other bank around the world which participates to S.W.I.F.T. system, in an unique form, international: MT940 
• offers the possibility of transmitting the statements of accounts afferent to the current accounts opened with OTP Bank Romania S.A., to any other bank around the world which participates to S.W.I.F.T. system, in an unique form, international: MT940

Advantages 

• collecting the statements of current accounts within the main bank with a daily frequency; 
• the standard reporting format MT940 facilitates the processing of the statement of account within the own accounting systems.