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For OTP Bank clients

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Do you have employees 

who manage your company's assets, whether goods, cash or other valuables?

 

You can protect the assets entrusted to them by using the assets security deposit from
OTP Bank.

The assets security deposit is intended for the employees of state companies, authorities, private companies and public institutions who are obligated under the law to set up a cash guarantee making them liable for their asset management.

How does the assets security deposit work?

otp bank

There is an interest accrued on the money equal to that of a 12-month term deposit for legal entities;

otp bank

The guarantee account is opened in RON, in the name of the company, for 12 months;

otp bank

Upon maturity the deposit is automatically extended and the interest is capitalised, while the interest rate for the following year is the one valid at the time of the renewal.

 

For more information please refer to the interest rates for Legal Entities.

 

OTP Bank attaches the utmost importance to the management of your company's assets.

 

OTP Bank Romania S.A. is a participant of the Bank Deposit Guarantee Fund in Romania and its depositors benefit from a guarantee, by payment of compensations, of eligible constituted deposits, within the coverage limit as established periodically by law, currently amounting to the lei equivalent of 100.000 EUR for each account holder. This level of coverage was established by Law No. 311/2015 concerning deposit guarantee schemes and the Bank Deposit Guarantee Fund, as published in the Official Journal No. 918 from December 11th, 2015. According to law, the notion of a „deposit” means any credit balance, including the interest due, resulting from funds in an account or in transitory situations, deriving from current banking transactions, which the bank should repay, according to applicable legal and contractual conditions, including term deposits and savings accounts and which are not included in the list of situations mentioned in the Law specifically as not entering the category of these deposits (art. 3 (5)) of the law mentioned, detailing the credit balances which are not included in the deposit categories defined above). The notion of a „coverage limit” is the maximum level of the guarantee per guaranteed depositor and bank, applicable according to art. 61 par. (3).

 

Additional information for depositors is available under section „Information for depositors”, including the list of deposits excluded from guarantee.

For more details please visit the website: www.fgdb.ro.