public announcement · 3/1/2020 · slight annual debit account turnover. if the committed debit...

Published: 14 February 2020

PUBLIC ANNOUNCEMENT –On commissions, fees and costs with regard to the HUF and foreign currency accounts

of the micro and small enterprise clientele

OTP Bank Plc., based on the conditions specified in the Corporate Division Business Regulations, classifies those sole traders, enterprises with legal personality and without legal personality,

foundations, organisations managing public donations, non-profit and other organisations not belonging to public service, whose product usage is limited to standard enterprise products only, and

whose total banking obligations does not exceed 250 million HUF. If the enterprise is a member of a company group, the value limit applies to the enterprises combined. Irrespective of these conditions,

condominiums and housing cooperatives also belong to this client base. The products covered by this public announcement belong to the standard enterprise product range of OTP Bank Plc.

Date of effect: 1 March 2020

OFFERS IN THIS PUBLIC ANNOUNCEMENT APPLY TO CONTRACTS CONCLUDED BEFORE 4 FEBRUARY 2013 -

OTP Bank Plc. does not conclude new contracts under the conditions in the public announcement.

Changes are shown in italics in the text.

The reason for modifying this Public Announcement is the changes of the fees of instant cash deposits through ATM due to the 2019 inflation rate.

Fees for instant cash deposits through ATM, in the Public Announcement, change—according to Paragraph (14) of I. General Provisions of the Debit Card Business Regulations—by the rate of the

annual consumer price index disclosed by the Hungarian Central Statistical Office for the previous year (3.4% in 2019).

OTP Bank Plc , total: 24

I. 3

I.1 3

I.2 4

I.3 8

I.4 10

II. 11

II.1 11

II.2 12

II.3 13

II.4 13

II.5 14

II.6 14

II.7 15

II.8 15

II.9 16

II.10 16

II.11 17

II.12 18

II.13 19

II.14 20

III. 21

Application of exchange rates related to payments turnover

ACCOUNT PACKAGES CONDITIONS

Comments and conditions relating to the application for an account package

General small enterprise account packages

OTPdirect Electra Terminal service

Customs cash desk service

Other services

Late payment of outstanding fees, commission and costs

Due date of fees, commissions and costs

Information on the general terms and conditions of the performance of the international HUF and foreign currency payments, as well as domestic foreign currency payments

REFERENCES

CONTENTS

Foreign currency cheque

Documentary transactions performance

Professional account packages

Condominium account packages

GENERAL PAYMENT CONDITIONS

Bank account keeping

Executing ad-hoc transfers, book transfers, collection and administrative orders, as well as transfer warrants

Crediting

Cash desk transactions

Standing, debit date specified and group transfers / collections


I.

1.

1.

2.

3.

4.

5.

6.

7.

8.

ACCOUNT PACKAGES CONDITIONS

In case of fees and commissions not shown in chapter "Account packages conditions", the conditions detailed in chapter II (General payment conditions) apply to all account packages.

In case of recontracting to any bank account/account package, the commission, cost and fee conditions of the new bank account/account package are effective from the day following the recontracting, furthermore OTP Bank Plc.

ensures that the existing payment account number is kept, except the Bázis account package, for which OTP Bank Plc. requires a new current bank account agreement to be concluded, and generates a new current bank account

number.

Non-profit and other organisations and foundations may use any general enterprise account package included in the public announcement.

The fee for services marked with X in sections "Account package contents" are included in the monthly fee for the account package.

COMMENTS AND CONDITIONS RELATING TO THE APPLICATION FOR AN ACCOUNT PACKAGE

With respect to the preferences provided for the account packages, transactions completed as from 0:00 on the first day of the month to 24:00 on the last day of the month are considered, according to calendar month.

The cash desk deposit commission pertains to the banknote deposits. In case of depositing coins, this commission is in addition to the fee item listed in the “Public Announcement on the fee items for the distribution of banknotes and

coins".

If the monthly fee of any account package includes the annual fee for a debit card of certain type, it applies in all cases to the card first ordered for the account package.

If the monthly fee includes free of charge OTP ATM cash withdrawals, the free of charge treatment may be assigned to any debit card belonging to the account package.


2.

SEPA transfers

1.122%, min. 578 HUF

0.056%, min. 232 HUF

1.122%, min. 578 HUF

1 pc HUF current account

MC Unembossed debit card annual fee

ACCOUNT PACKAGES CONTENTS

DESIGNATION

Free of charge OTP ATM cash withdrawal

Account keeping monthly fee

FEES AND COMMISSIONS

OTPdirekt monthly fee

Free of charge domestic HUF ad hoc transfer

Small enterprise BÁZIS account package

For non-profit

organisationsFor enterprises

With respect to the first annual card fee.

Small enterprise START account package

1.264% + 641 HUF

0.905%, min. 765 HUF, max. 122,068 HUF 0.429%, min. 437 HUF, max. 122,068 HUF 0.445%, min. 366 HUF, max. 122,068 HUF

0.905%, min. 765 HUF, max. 122,068 HUF 0.556%, min. 626 HUF, max. 122,068 HUF 0.445%, min. 366 HUF, max. 122,068 HUF

x

184 HUF/month

First 2 items in month, inter-bank, initiated through

OTPdirekt services (19)

.

x

x

In preferential period In non-preferential period

1,040 HUF/month

1,216 HUF/month

20 HUF/month 3,241 HUF/month

470 HUF/month

Domestic HUF and intra-bank foreign currency ad hoc transfers

0.30%, max. 6.000 HUF Intra-bank, through OTPdirekt services (18)

Intra-bank, initiated in a branch

0.445%, min. 366 HUF, max. 122,068 HUF

Inter-bank, through OTPdirekt services (18), (19) 0.445%, min. 366 HUF, max. 122,068 HUF

Statement sent with transaction frequency, in a paper

based format

The preferential conditions apply to the Start

account package opened newly and as first by the

client, up to 2 year account keeping history,

provided that the enterprise history of the client

does not exceed one year on the date when the

account is opened. In other cases (e.g. when

recontracting to Start account package irrespective

of the enterprise history of the client), the non-

preferential period conditions apply.

Cash withdrawal over the counter in HUF

0.905%, min. 765 HUF, max. 122,068 HUF

0.056%, min. 232 HUF

Via OTPdirekt services

Initiated in a branch

OTHER CONDITION

x

GENERAL ENTERPRISE ACCOUNT PACKAGES

First one / month

126 HUF/month

304 HUF/month

First one / month

x

x

3,941 HUF/month

Small enterprise STANDARD account

package

0.396%, min. 110 HUF, max. 122,068 HUF

0.396%, min. 110 HUF, max. 122,068 HUF

Inter-bank, initiated in a branch (19)

Statement sent with monthly frequency, in a paper based

format (1)

351 HUF/month 1,395 HUF/month

4,031 HUF/monthWith authenticated electronic bank account statement (2)

0.384%, min. 335 HUF,

max. 122,068 HUF

0.400%, min. 405 HUF, max. 122,068 HUF

0.429%, min. 437 HUF, max. 122,068 HUF

0.556%, min. 626 HUF, max. 122,068 HUF

0.373%, min. 335 HUF, max. 122,068 HUF

0.373%, min. 335 HUF, max. 122,068 HUF

0.905%, min. 765 HUF, max. 122,068 HUF

3,315 HUF/month

3,973 HUF/month4,351 HUF/month

0.582% + 641 HUFCash deposit over the counter in HUF



SEPA transfers

Small enterprise KOMFORT account

package

0.30%, max. 6.000 HUF

0.388%, min. 234 HUF, max. 122,068 HUF

OTHER CONDITION

Via OTPdirekt services 0.388%, min. 234 HUF, max. 122,068 HUF 0.388%, min. 234 HUF, max. 122,068 HUF

Initiated in a branch 0.547%, min. 234 HUF, max. 122,068 HUF 0.547%, min. 366 HUF, max. 122,068 HUF 0.445%, min. 366 HUF, max. 122,068 HUF

0.374%, min. 234 HUF,

max. 122,068 HUF

0.346%, min. 234 HUF,

max. 122,068 HUF


Preferential payment conditions

x

6,644 HUF/month

Preferential progressive tiered demand interest

x

Private banking account keeping


6,722 HUF/monthWith authenticated electronic bank account statement (2)

Intra-bank, through OTPdirekt services (18)

Statement sent with transaction frequency, in a paper based format

24,389 HUF/month

4,903 HUF/month

0.547%, min. 234 HUF, max. 122,068 HUF


0.547%, min. 366 HUF, max. 122,068 HUF

0.388%, min. 234 HUF, max. 122,068 HUF

1.122%, min. 578 HUF

0.428%, min. 110 HUF, max. 122,068 HUF

x

x x

x

x

0.056%, min. 232 HUF

0.428%, min. 110 HUF, max. 122,068 HUF

Preferential securities account keeping

First 10 items in month, initiated through OTPdirekt

service.

x

with committing to annual debit account turnover



x


x

Min. 100 million HUFDESIGNATION

1.122%, min. 578 HUF

0.30%, max. 6.000 HUF

3,419 HUF/month

x



format (1)

x

110 Ft0.288%, min. 110 HUF,

max. 122,068 HUF

24,301 HUF/month

0.056%, min. 232 HUF

0.331%, min. 110 HUF, max. 122,068 HUF

Cash deposit over the counter in HUF



x

Min. 250 million HUF

0.445%, min. 366 HUF, max. 122,068 HUF

Small enterprise E-account package



.

1.122%, min. 578 HUF

7,830 HUF/month

x

0.374%, min. 234 HUF,

max. 122,068 HUF

0.346%, min. 234 HUF,

max. 122,068 HUF


x

Small enterprise GOLD account package

x

3,496 HUF/month

Inter-bank, through OTPdirekt services (18), (19)

0.056%, min. 232 HUF

25,730 HUF/month


The Private Banking service package is provided by the

Bank without monthly fee to one private person

designated by the enterprise.

The Private Banking securities account keeping

conditions apply to the securities account of the

enterprise.

The preferential demand interest rate applies on the

current account of the account package, according to

the effective “Public Announcement on the deposit

interest rates applicable to the HUF accounts of

enterprise and public service clients".

The account package and the related premium payment

preferences are available subject to committing to a

slight annual debit account turnover. If the committed

debit account turnover is not met, the client shall pay a

special fee which is 0.1% of the amount not met.(3)


current account of the account package, according to the

effective “Public Announcement on the deposit interest

rates applicable to the HUF accounts of enterprise and

public service clients".



SEPA transfers

0.396%, min. 110 HUF, max. 122,068 HUF

0.396%, min. 110 HUF, max. 122,068 HUF


0.445%, min. 366 HUF, max. 122,068 HUF

x x

0.400%, min. 405 HUF, max. 122,068 HUF

0.429%, min. 437 HUF, max. 122,068 HUF


0.445%, min. 366 HUF, max. 122,068 HUF

1,226 HUF/month 3,425 HUF/month


Small enterprise MIKRO account package


7,642 HUF/month

x

1,404 HUF/month

in case of contracts

concluded from 1 January

2007

in case of contracts

concluded by 31

December 2006


x

3,501 HUF/month

x

x

x

0.428%, min. 110 HUF, max. 122,068 HUF

0.388%, min. 234 HUF, max. 122,068 HUF


1.122%, min. 578 HUF

0.547%, min. 234 HUF, max. 122,068 HUF

Free of charge OTP ATM cash withdrawal


format (1)

OTHER CONDITION

Cash deposit over the counter in HUF 0.056%, min. 232 HUF

Contract concluded by 31 December 2006: if the

client concluded the Mikro account package contract

on 31 December 2006 or before, and since then they

have not recontracted to another account package

regarding the respective bank account.

0.547%, min. 234 HUF, max. 122,068 HUF

1.122%, min. 578 HUF

0.056%, min. 232 HUF

0.388%, min. 234 HUF, max. 122,068 HUF

0.556%, min. 626 HUF, max. 122,068 HUF 0.445%, min. 366 HUF, max. 122,068 HUF



Small enterprise SZINKRON account

package

Small enterprise SZINKRONEXTRA account

package

3,951 HUF/month

4,042 HUF/month

4,585 HUF/month

7,554 HUF/month

x

x


Preferential retail account keeping (5)

8,563 HUF/month

0.384%, min. 335 HUF, max. 122,068 HUF


First one / month






With authenticated electronic bank account statement (2)

1.122%, min. 578 HUF

0.056%, min. 232 HUF

0.556%, min. 626 HUF, max. 122,068 HUF

0.331%, min. 110 HUF, max. 122,068 HUF

DESIGNATION

x



First 10 items in month, initiated through OTPdirekt

services.

x


x


Account keeping monthly fee (4)

Foreign currency and international HUF ad hoc transfers (to the debit of the HUF and foreign currency account of the account package) initiated through OTPdirekt services or in a branch

SEPA transfers

0.445%, min. 366 HUF, max. 122,068 HUF

0.35%, min. 4,030 HUF, max. 45,000 HUF

0.388%, min. 234 HUF, max. 122,068 HUF

International HUF and foreign currency

transfers, inter-bank foreign currency

transfers Commission for crediting of foreign currency transfer from foreign or other Hungarian

banks above 100 EUR (or its equivalent in another currency), in case of HUF and foreign

currency account

0.25%, min. 4,030 HUF, max. 45,000 HUF

Recontracting to this account package is possible only if the original account did not have associated further bank accounts managed within one agreement, kept in other currencies. Under the DevizaPlusz account package, managing accounts in multiple currencies is not

feasible within one account agreement. The fee for the small enterprise DevizaPlusz account package, as specified in the Public Announcement, is charged separately on the HUF and foreign currency current account, unless requested otherwise. If the enterprise foreign

currency payment bank account of the account package is terminated for whatever reason, it results in the automatic termination of the account package, and the remaining HUF current bank account continues to operate as Small Enterprise Standard account package (in

case of termination of a Standard DevizaPlusz account package), or Small Enterprise E-account package (in case of termination of an e-DevizaPlusz account package) in respect of its costs, related services and payment preferences. If the HUF current bank account of

the account package is terminated for whatever reason, it results in the automatic termination of the account package. The remaining foreign currency current bank account continues to operate as standard foreign currency current account with respect to its costs, related

services and the payment transaction fees and commissions. The fee for the first in month transfer to an OTP foreign subsidiary bank will be subsequently credited by the Bank in the month following the subject month to the bank account from which the transfer was

initiated, in the currency of the bank account. From transfers occurring at the same time, the Bank selects on a random basis the item for which the fee shall be subsequently credited.

OTHER CONDITION

1.122%, min. 578 HUF

0.056%, min. 232 HUF0.056%, min. 232 HUF

0.35%, min. 4,030 HUF, max. 45,000 HUF

x

Foreign currency and international HUF ad hoc transfer / credit preferences

x

Free of charge OTP ATM cash withdrawal (for HUF account)

Statement sent with monthly frequency, in a paper based format (1) 9,677 HUF/month

First 10 items in month, initiated through OTPdirekt services.

First one/month (with subsequent crediting)

0.547%, min. 234 HUF, max. 122,068 HUF

Through OTPdirekt services (18)

initiated in a branch

6,436 HUF/month


0.03%, min. 2.5 EUR, max. 30 EUR

9,843 HUF/month

1.122%, min. 578 HUF

0.25%, min. 4,030 HUF, max. 45,000 HUF


0.388%, min. 234 HUF, max. 122,068 HUF

free of charge

x

x


1 pc foreign currency payment account (EUR, USD, CHF or GBP)

6,274 HUF/month

7,315 HUF/month

0.396%, min. 110 HUF, max. 122,068 HUF

x

Domestic HUF and intra-bank foreign currency ad hoc transfers to the debit of HUF account



MC Unembossed debit card annual fee (for HUF account)



First one / month

First one/month (with subsequent crediting)


Small enterprise E-DEVIZAPLUSZ account packageDESIGNATION

x

Small enterprise STANDARD DEVIZAPLUSZ account package

x

free of charge

xxFree of charge standard transfer to OTP foreign subsidiary bank

0.331%, min. 110 HUF, max. 122,068 HUF



Free of charge domestic HUF ad hoc transfer (for HUF account)



Initiated in a branch 0.445%, min. 366 HUF, max. 122,068 HUF 0.547%, min. 234 HUF, max. 122,068 HUF

Crediting of SEPA and EUR transfers within EEA


0.445%, min. 366 HUF, max. 122,068 HUF

0.217%, min. 106 HUF, max. 122,068 HUF

11,172 HUF/month

0.03%, min. 2.5 EUR, max. 30 EUR

Intra-bank foreign currency transfers to the debit of foreign currency account 0.217%, min. 106 HUF, max. 122,068 HUF

0.445%, min. 366 HUF, max. 122,068 HUFInter-bank, initiated in a branch (19)


3.



SEPA transfers

1.122%, min. 578 HUF

0.034%, min. 232 HUF

0.102%, min. 130 HUF, max. 122,068 HUF

0.102%, min. 130 HUF, max. 122,068 HUF

86 HUF/month


0.374%, min. 234 HUF, max. 122,068 HUF0.374%, min. 234 HUF, max. 122,068 HUF


Small enterprise PATIKA account package Small enterprise JOG-ÁSZ account packageATTORNEY CUSTODY DEPOSIT account

with debit card

x


x

x

OTHER CONDITION


format (1)



0.056%, min. 232 HUF

1,216 HUF/month


Preferential progressive tiered demand interest

PROFESSIONAL ACCOUNT OFFERINGS

x

With respect to the first annual card fee.xMC Unembossed debit card annual fee

1 pc HUF current account x

Preferential payment conditions x

x (segregated account)

DESIGNATION

The account package may be used by enterprises

operating pharmacies, or pharmaceutical retail

businesses (primary TEÁOR/NACE code is 4646 or

4773 based on the year 2008 classification).


current account of the account package, according to

the effective “Public Announcement on the deposit

interest rates applicable to the HUF accounts of

enterprise and public service clients".

The account package may be used by businesses

conducting legal activity (attorneys, lawyers,

public notaries etc.) (primary TEÁOR/NACE code is

6910 based on the year 2008 classification).

The attorney custody deposit account may only be

used by attorneys.

The above conditions only apply if the client has

also ordered a debit card for the attorney custody

deposit account. In other cases the conditions of

Other accounts as shown in point II. 1.2.j of this

Public Announcement apply. The custody deposit

account is only available along with the current

account kept with OTP Bank.

2,302 HUF/month

0.288%, min. 110 HUF, max. 122,068 HUF

0.444%, min. 407 HUF

0.056%, min. 232 HUF


x

0.374%, min. 234 HUF, max. 122,068 HUF

1.122%, min. 578 HUF

574 HUF/month



0.056%, min. 38 HUF, max 122,068 HUF

0.288%, min. 110 HUF, max. 122,068 HUF

x

x

1,115 HUF/month

0.374%, min. 234 HUF, max. 122,068 HUF




0.288%, min. 110 HUF, max. 122,068 HUF

4,069 HUF/month

0.056%, min. 38 HUF, max 122,068 HUF

0.288%, min. 110 HUF, max. 122,068 HUF

2,295 HUF/month

2,384 HUF/month

0.374%, min. 234 HUF, max. 122,068 HUF

0 HUF/month







SEPA transfers

Without fulfilling savings

requirement

1,503 HUF/monthnot available

1,248 HUF/month

DESIGNATION

594 HUF/month

Small enterprise ACCOUNTANT account

package


1.122%, min. 578 HUF

0.056%, min. 232 HUF

1 pc segregated bank account

0.370%, min. 131 HUF, max. 117,823 HUF

0.420%, min. 334 HUF, max. 117,823 HUF


format (1)


x

x

0.30%, max. 6.000 HUF

1,423 HUF/month

0.705%, min. 58 HUF, max 122,068 HUF

0.519%, min. 334 HUF, max. 122,068 HUF

0.370%, min. 131 HUF, max. 117,823 HUF

x

Initiated in a branch 0.556%, min. 626 HUF, max. 122,068 HUF 0.420%, min. 334 HUF, max. 117,823 HUF


With fulfilling savings

requirement

The account package may only be used by clients

conducting agricultural, forestry and fishing

activity (primary TEÁOR/NACE code begins with

01, 02 or 03 based on the year 2008 classification).

The fees and commissions applicable to the

segregated account included in the account

package are identical with the fees and

commissions for the current account (except the

monthly fee included in the package).

0.400%, min. 405 HUF, max. 122,068 HUF

919 HUF/month



x

x




1.265%, min. 578 HUF



The account package may only be used by non-

profit organisations and foundations (except

condominiums and housing cooperatives).

Savings requirement: the day end balance of cash

assets placed on all HUF bank accounts owned by

the client and kept at OTP Bank (demand balance,

related term deposit, savings account and

securities account balance in total) does not fall

below 1.5 million HUF in the previous one month

(from day 16 of the previous month to day 15 of

this month).

0.685%, min. 334 HUF, max. 122,068 HUF

0.685%, min. 334 HUF, max. 122,068 HUF0.420%, min. 334 HUF, max. 117,823 HUF

0.429%, min. 437 HUF, max. 122,068 HUF

The account package may only be used by

businesses conducting accounting, audit and tax

advisory activity (primary TEÁOR/NACE code is

6920 based on the year 2008 classification), along

with selecting authenticated electronic bank account

statement.

OTHER CONDITION

0.056%, min. 232 HUF 0.056%, min. 232 HUF

1.122%, min. 578 HUF

x

not available

Via OTPdirekt services 0.429%, min. 437 HUF, max. 122,068 HUF 0.420%, min. 334 HUF, max. 117,823 HUF 0.519%, min. 334 HUF, max. 122,068 HUF

0.556%, min. 626 HUF, max. 122,068 HUF

First item in month, inter-bank, initiated through


3,076 HUF/month



3,308 HUF/month

371 HUF/month

539 HUF/month

0.30%, max. 6.000 HUF

Small enterprise TERRA account package


x

x



NON-PROFIT account package

2,988 HUF/month


4.


Intra-bank HUF and foreign currency ad hoc transfers (initiated through OTPdirekt services or in a bank branch)

SEPA transfers

Fees related to the Electra Terminal, when the

account package is selected:

- installation fee: 0 HUF

- software licence fee: 0 HUF

- modem rental: 0 HUF.

582 HUF/month


x

0.056%, min. 232 HUF

Free of charge OTPdirekt Electra Terminal service

1.266%, min. 689 HUF

2,390 HUF/month


0.384%, min. 326 HUF, max. 122,068 HUF

OTHER CONDITION


0.384%, min. 326 HUF, max. 122,068 HUF



1.122%, min. 578 HUF

3,110 HUF/month

Cash withdrawal over the counter in HUF 1.122%, min. 578 HUF

761 HUF/month

882 HUF/month


0.383%, min. 308 HUF, max. 122,068 HUF

3,541 HUF/month

1,980 HUF/month

2,070 HUF/month


format (1)

0.383%, min. 308 HUF, max. 122,068 HUF

0.383%, min. 308 HUF, max. 122,068 HUF

x

0.056%, min. 232 HUF

0.362%, min. 110 HUF, max. 122,068 HUF

x

2,478 HUF/month


MOZAIK account package

1 pc HUF current (operations) account

CONDOMINIUM ACCOUNT PACKAGES

x

0.056%, min. 232 HUFCash deposit over the counter in HUF

0.791%, min. 485 HUF, max. 122,068 HUF

0.791%, min. 485 HUF, max. 122,068 HUF

0.362%, min. 110 HUF, max. 122,068 HUF

DESIGNATION TAKAROS account package ALAP account package



x

0.383%, min. 308 HUF, max. 122,068 HUF


x

Via OTPdirekt services 0.791%, min. 485 HUF, max. 122,068 HUF 0.383%, min. 308 HUF, max. 122,068 HUF 0.383%, min. 308 HUF, max. 122,068 HUF



II.

1.

1.1

a.

b.

1.2

a.

b.

c.

d.

e.

f.

g.

h.

i.

j.

k.

l.

m.

n.

1.3

a.

b.

c.

d.

e.

5,364 HUF/month

Enterprise foreign currency current bank accounts

1,980 HUF/month

1,173 HUF/month

0 HUF/month

Agricultural non-profit current bank account

1,126 HUF/month

0 HUF/month

Currencies in which foreign currency accounts are kept

Statement sent with monthly

frequency, in a paper based format (1)

HUF ACCOUNTS ACCOUNT KEEPING MONTHLY FEE

1,046 HUF/month

1,925 HUF/month

Free of charge

Statement sent with transaction

frequency, in a paper based format

Account type

0 HUF/month

FOREIGN CURRENCY ACCOUNTS ACCOUNT KEEPING MONTHLY FEE (7)

With authenticated electronic bank

account statement (2)

1,051 HUF/month

0 HUF/month

EUR, USD, CHF, GBP, CAD, SEK, JPY, BGN

1,051 HUF/month

Condominiums, housing cooperatives operations account

5,054 HUF/month

3,527 HUF/month

2,390 HUF/month

3,846 HUF/month3,769 HUF/month

5,427 HUF/month

5,041 HUF/monthAgricultural current bank account

Agricultural e-Forint current bank account

1,990 HUF/month


0 HUF/month

1,210 HUF/month

Condominiums, housing cooperatives renovation accounts (available only along with

operations account or condominium account package)

Current bank accounts for foundations, donations

2,478 HUF/month

4,971 HUF/month

3,541 HUF/month

FEES RELATED TO ACCOUNT OPENING AND CHANGING OF SCHEME

Account opening

0 HUF/month

Current bank account, changing account package

2,997 HUF/month

Agricultural segregated account

5,000 HUF / recontracting (0 HUF until 31 December 2020)

3,605 HUF/month

2,645 HUF/month

Savings accounts

Bank technical accounts

1,122 HUF/month

0 HUF/month

1,030 HUF/month

Other foreign currency accounts

Statement sent with monthly

frequency, in a paper based format (1)

Current bank accounts for enterprises

Statement sent with transaction

frequency, in a paper based format

3,121 HUF/month

1,270 HUF/month

1,224 HUF/month

Savings accounts (EUR, USD)

Current bank accounts for non-profit organisations

OTP e-Forint current bank account (6)

1,126 HUF/month

0 HUF/month

Non-profit organisations foreign currency current bank accounts

Accounts not under the client's free disposal due to security deposit, custody, attorney

custody, cover security and other reasons1,105 HUF/month

Account type

1,126 HUF/month

4,965 HUF/month

4,951 HUF/month

GENERAL PAYMENT CONDITIONS

3,033 HUF/month

2,567 HUF/month

BANK ACCOUNT KEEPING

With authenticated electronic bank

account statement (2)

1,051 HUF/month

5,060 HUF/month

3,342 HUF/month

2,854 HUF/month

1,191 HUF/month

4,146 HUF/month

3,327 HUF/month

4,025 HUF/month

5,273 HUF/month

2,918 HUF/month

Other accounts

0 HUF/month

1,193 HUF/monthAccounts not under the client's free disposal due to caution, custody, cover security and

other reasons


2.

2.1

a.

a.a.

a.b.

b.

b.a.

b.b.

b.c.

b.d.

c.

c.a.

c.b.

d.

d.a.

d.b.

d.c.

d.d.

e.

e.a.

e.b.

2.2

a.

a.a.

a.b.

b.

b.a.

b.b.

b.c.

b.d.

b.e.

b.f.

b.g.

c.

d.

e.

e.a.

e.b.

e.c.

f.

Inter-bank domestic HUF transfers through OTPdirekt services (18), (19)

0.372%, min. 212 HUF, max. 122,068 HUF

0.522%, min. 212 HUF, max. 122,068 HUF

To the debit of OTP e-Forint current bank account, through OTPdirekt services

To the debit of OTP e-Forint current bank account, initiated in a branch

(0.415%, min. 234 HUF, max. 122,068 HUF) + 0.15% special fee

Inter-bank domestic HUF transfers through OTPdirekt services (18), (19)

To the debit of agricultural current accounts, agricultural non-profit current accounts and agricultural segregated accounts,

initiated through OTPdirekt services or in a branch

To the debit of agricultural e-Forint current bank account, through OTPdirekt services

To the debit of agricultural e-Forint current bank account, initiated in a branch

To the debit of accounts not under the client's free disposal due to security deposit, custody, cover security and other reasons,

initiated through OTPdirekt services or in a branch

3,500 HUF

0.185%, min. 267 HUF, max. 122,068 HUF

0.415%, min. 234 HUF, max. 122,068 HUF

0.445%, min. 366 HUF, max 122,068 HUF (17)

Intra-bank transfers initiated through OTPdirekt services (18)

or in a branch

Inter-bank domestic HUF transfers initiated through OTPdirekt services (18), (19)

or in a branch (19)

0.420%, min. 334 HUF, max. 117,823 HUF

Intra-bank transfers, initiated in a branch

To the debit of HUF and foreign currency account

Transfers within the OTP Bank Group


0.30%, min. 4,030 HUF, max. 85,000 HUF


or in a branch

6,000 HUF

In case of agricultural e-Forint current bank account


or in a branch (19)

Euro expressz transfers (to the debit of EUR account, in EUR currency, through OTPdirekt services, urgent transfer initiated by

12:00 noon, with current day fulfillment)

OTP expressz transfers

In case of accounts not under the client's free disposal due to caution, custody deposit, cover collateral and other reasons

2,000 HUF

Intra-bank transfers through OTPdirekt services (18)

Surcharge of orders missing data

Urgent transfers

0.161%, min. 38 HUF, max 122,068 HUF

0.366%, min. 110 HUF, max. 122,068 HUF

Inter-bank domestic HUF transfers, initiated in a branch (19)

0.372%, min. 212 HUF, max. 122,068 HUF


DOMESTIC HUF AND INTRA-BANK FOREIGN CURRENCY TRANSFERS

0.396%, min. 110 HUF, max 122,068 HUF (17)

In case of OTP e-Forint current bank account (6)

SEPA transfers

To the debit of HUF and foreign currency account, initiated through OTPdirekt services or in a branch


or in a branch (19)


or in a branch

INTERNATIONAL HUF AND FOREIGN CURRENCY TRANSFERS, INTER-BANK FOREIGN CURRENCY TRANSFERS WITH DOMESTIC DESTINATION (to the debit of HUF and foreign currency account)


In case of agricultural current accounts, agricultural non-profit current accounts and agricultural segregated accounts

0.370%, min. 131 HUF, max. 117,823 HUF

0.301%, min. 58 HUF, max 122,068 HUFIntra-bank transfers through OTPdirekt services (18)

Intra-bank transfers, initiated in a branch

Inter-bank domestic HUF transfers, initiated in a branch (19)

Standard transfers

0.420%, min. 334 HUF, max. 117,823 HUF

Standard transfers

0.30%, min. 3,900 HUF, max. 85,000 HUF + 5,000 HUF

Through OTPdirekt services (18)

0.445%, min. 366 HUF, max. 122,068 HUF

0.415%, min. 234 HUF, max. 122,068 HUF

0.565%, min. 234 HUF, max. 122,068 HUF

0.40%, min. 4,030 HUF, max. 85,000 HUF

5,000 HUF (in addition to the fee for standard transfer shown in point 2.2.a.)

0.445%, min. 366 HUF, max. 3,500 HUF

EXECUTING AD-HOC TRANSFERS, BOOK TRANSFERS, COLLECTION AND ADMINISTRATIVE ORDERS, AS WELL AS TRANSFER WARRANTS

0.185%, min. 267 HUF, max. 122,068 HUF

Normal transfers – executable in SEPA



2.3

a.

b.

c.

d.

e.

f.

g.

h.

i.

j.

3.

a.

b.

c.

d.

d.a.

d.b.

e.

f.

f.a

f.b

g.

g.a

g.b

4.

4.1

a.

a.a.

a.b.

a.c.

b.

b.a.

b.b.

b.c.

Bázis account package

Fee for intra-bank transfer, book transfer from HUF savings accounts of enterprises and non-profit organisations

free of charge

Instant cash deposit through ATM to the card account underlying the card used to deposit (16)

Intra-bank HUF ad-hoc transfer to provide card coverage (possible only by using OTPdirekt telephone administration service and

internet banking service) (14) 0.7%, min. 900 HUF

Book transfer between own accounts (12)

intra-bank (except book transfer from savings accounts)

Initiating collection and administrative orders

Transaction fee for intra-bank transfer, book transfer from condominium savings account

8,900 HUF / item + postage under the prevailing standard tariffs (free of charge in a

promotion until withdrawn but latest by 31 December 2020)

Post office disbursement voucher (in addition to postage under the prevailing standard tariffs) 0,805%

In HUF (from HUF account, from foreign currency account)

free of charge

0.05%, min. 5 EUR, max. 50 EUR

0.593%, min. 11,050 HUF, max. 106,000 HUF

CASH DESK TRANSACTIONS

0.05%, min. 220 HUF (0.025%, min. 110 HUF until withdrawn but latest by

01.03.2021)

Bázis account package 0.50% + 607 HUF (0.25% + 303 HUF until withdrawn but latest by 01.03.2021)

CREDITING

The amount and due date of the fee the payee account or the account related to the

card used to deposit is subject to is listed in the Public announcement on “Cash

deposits through ATM to an account other than the card account underlying the card

used to deposit”.

1.168%, min. 1,168 HUF

Post office deposits

In foreign currency (from HUF account, from foreign currency account)

free of chargeCrediting of domestic HUF transfer (including VIBER)

Recovery (recall) of amount of transfers incorrectly fulfilled due to account owner’s fault

500 HUF / case (20), (21)

(free of charge until withdrawn but latest by 31 December 2020)

To the debit of HUF and foreign currency account

1.122%, min. 578 HUF

Payment intermediary service fee published by Magyar Posta Zrt. as applicable

To the debit of accounts not under the client's free disposal due to caution, custody deposit, attorney custody deposit, cover collateral and other reasons

0

above 100 EUR (or its equivalent in another currency)

Instant cash deposit through ATM to an account other than the card account underlying the card used to deposit (16)

CASH WITHDRAWALS OVER THE COUNTER

In HUF (from HUF account, from foreign currency account)

subject to case-by-case agreement

Commission applicable to the condominium account package or operations account of the client

300 HUF/pc

HUF accounts and account packages (except Bázis account package)

0.10%, min. 1,500 HUF, max. 30,000 HUF

free of charge

Transaction fee for book transfer from foreign currency savings account to own foreign currency account

Bulk withdrawal (in addition to the fee specified in points a. and b., as well as for the respective account package)

1.846%, min. 1,528 HUF

subject to case-by-case agreement

In foreign currency (from HUF account, from foreign currency account)

0.444%, min. 407 HUF

Bulk withdrawal (in addition to the fee specified in points a. and b., as well as for the respective account package)

HUF accounts and account packages (except Bázis account package)

Initiation of domestic VIBER (Real Time Gross Settlement System) items in HUF to domestic destinations (from HUF or foreign currency account)

Registration of secondary account identifier or deletion thereof based on client’s request in a branch

0.01%/item, max. 50,000 HUF

OTHER

Crediting of international HUF transfer

Commission for crediting of foreign currency transfer from foreign or other Hungarian banks

Crediting of SEPA and EUR transfers within EEA free of charge


4.2

a.

a.a.

a.b.

b.

b.a.

b.b.

c

5.

5.1

a.

b.

c.

5.2

a.

a.a.

a.b.

b.

b.a.

b.b.

b.c.

b.d.

c.

d.

d.a.

d.b.

e.

f.

6.

a.

a.a.

a.b.

b.

b.a.

b.b.

b.c.

c.

when increasing term deposit with a fixed amount

In HUF

Bulk deposit (in addition to points a.) and b.))

Banknote

free of charge

Banknote

If downloaded by the client from the internet

110 HUF/pc

If installed by the Bank

Issuing certification of group collection orders in a branch 600 Ft

700 HUF + VAT / month

Intra-bank collection, initiated item

700 HUF + VAT / software / month

Intra-bank HUF transfers

100 Ft

25,000 HUF / package + postage under the prevailing standard tariffs (free of

charge in a promotion until withdrawn but latest by 31 December 2020)

Intra-bank collection, credited item

10 HUF + VAT / transaction

OTPDIREKT ELECTRA TERMINAL SERVICE

Other service related to group payment methods (forwarding of message/authorization outside the bank)

Commission charged to the paying party’s bank account in case of group collection order

free of charge

Modem rental

15 Ft

Coin (in addition to the fee item listed in the Public Announcement on the fee items for the distribution of banknotes and

coins)0.056%, min. 232 HUF

free of charge

In addition to the fee for ad hoc transfers (19)

initiated in a branch, relating to the bank account or account package, irrespective of the method of order.

Inter-bank collection, credited item

USD, EUR, GBP, CHF coin of min. denomination 1 (in addition to the fee item listed in the Public Announcement on the fee

items for the distribution of banknotes and coins)

40,000 HUF + VAT

0.365% + 10 HUF

Domestic group transfer (per intra-group items)

Recovery (recall) of amount of group transfers incorrectly fulfilled due to account owner’s fault

0 Ft

0.075%, min. 20 HUF

For group collection received from outside the Bank, in addition to the fees pertaining to the branch ad hoc inter-bank transfer

pertaining to the account

Inter-bank collection, initiated item

Software licence fee (9)

For group collection received from within the Bank, in addition to the fees pertaining to the branch ad hoc intra-bank transfer

pertaining to the account

10 Ft

free of charge

Below 300 million HUF annual account turnover

Over 300 million HUF annual account turnover

Annual account turnover above 300 million HUF (for clients recontracted from client terminal)

0.45%, min. 20 HUF

STANDING, DEBIT DATE SPECIFIED AND GROUP TRANSFERS / COLLECTIONS

STANDING AND DEBIT DATE SPECIFIED AD HOC ORDERS

free of charge

Inter-bank HUF transfers (19)

Domestic group collection order (per intra-group items)

In foreign currency

in other cases

0.056%, min. 232 HUF

GROUP PAYMENTS (from HUF account, account package in HUF)**

0.876%, min. 1,168 HUF

free of charge

CASH DEPOSITS OVER THE COUNTER

tax and social security liability in case of paper based format

1,000 HUF + VAT / software / month

Installation

20,000 HUF + VAT


7.

a.

b.

c.

d.

e.

f.

8.

8.1

a.

b.

8.2

a.

b.

c.

d.

e.

f.

g.

h.

i.

8.3

a.

b.

c.

8.4

a.

a.a.

a.b.

b.

b.a.

b.b.

c.

d.

e.

f.

Subject to case-by-case agreement, depending on risk assumed by the

opening bank

0.80%, min. 3.000 HUF

3,000 HUF

FOREIGN CURRENCY CHEQUE

Repurchase of undrawn OTP-issued cheque

Dispatching documents and/or bill of exchange for collection

free of charge

Delivery of documents without payment

Subject to case-by-case agreement, depending on the risk of the opening

bank

0.20%, min. 7,000 HUF

Without full coverage

0.40%, min. 8,500 HUF

Purchase of cheque drawn on OTP

EXPORT PROMPT COLLECTION

6,000 HUF

Cheque received for collection

Bounced cheque

Preliminary inspection of documents submitted for letter of credit

6,000 HUF/occasionKeeping record of deferred payment

Cheque issued by OTP Bank 0.40%, min. 3,900 HUF, max. 85,000 HUF

0.20%, min. 3,000 HUF, max. 100,000 HUF

Drawdown of letter of credit (inspection of documents, crediting)

Assignment of letter of credit

6,000 HUF

0.20%, min. 7,000 HUF

Purchase of cheque

Opening, raising letter of credit payable at a foreign bank or other Hungarian bank

in addition to the fee specified in point 8.4.b.a., subject to separate

agreement

In case of full coverage

EXPORT LETTER OF CREDIT (including domestic HUF letters of credit) (10)

Modification, cancellation of prompt collection

6,000 HUF

0.20%, min. 7,000 HUF, max. 100,000 HUF

IMPORT LETTER OF CREDIT (including domestic HUF letters of credit) (10) (11)

Certification of letter of credit (in addition to advising commission)

Arrangement of import prompt collection (documents and/or bill of exchange)

Transfer of letter of credit

Advising of letter of credit or advising of raise without assumption of obligation 0.15%, min. 7,000 HUF, max. 150,000 HUF

Opening, raising letter of credit payable at OTP Bank Plc.

In case of full coverage

0.10%, min. 7,000 HUF

DOCUMENTARY TRANSACTIONS PERFORMANCE

500 Ft

0.30%, min. 8,000 HUF

Arranging certification of letter of credit by foreign bank

3,000 HUF/occasion

IMPORT PROMPT COLLECTION (if the commission is borne by our client)

0.25%, min. 7,000 HUF in addition to the fee specified in point 8.4.a.a., subject to separate

agreement

Discounting of letter of credit with deferred payment

0.20%, min. 7,000 HUF

cost of certifying bank

Advising of letter of credit modification (except raise)

Modification, cancellation

Drawdown of letter of credit (inspection of documents, payment)

Modification of letter of credit (except raise)

Keeping record of deferred payment

0.30%, min. 7,500 HUF

Without full coverage

6,000 HUF

6,000 HUF/occasion


8.5

a.

b.

c.

d.

8.6

a.

a.a.

a.b.

b.

c.

9.

a.

b.

c.

d.

10.

10.1

a.

b.

c.

d.

e.

f.

10.2

a.

b.

c.

10.3

a.

b.

10.4

a.

b.

Issue, raise of guarantee and advising of bill of exchange

1,490 HUF up to 20 kB, 35 HUF/kB above 20 kB

One-off issuance commissionin addition to the fee specified in point 8.6.a.a., subject to separate

agreement

GUARANTEE ISSUED (including domestic foreign currency guarantee and international HUF guarantee)

6,000 HUFAdvising of guarantee modification, except advising of raise (without risk assumption)

0.20%, min. 7,000 HUFDrawdown of guarantee

Advising of guarantee issued by another bank, advising of raise, validation of authenticity (without risk assumption)

Risk assumption fee

GUARANTEE RECEIVED (including domestic foreign currency guarantee and international HUF guarantee)

Second guarantee (with risk assumption)

850 HUF/pc

500 Ft

7,000 HUF

HUF 5,000

Management of drawn down guarantee

6,000 HUF

0.15%, min. 7,000 HUF, max. 150,000 HUF

Subject to case-by-case agreement, depending on the risk of the opening

bank

1,000 HUF / pc

Commission on Internet serviceIssuing of ad hoc certification upon the request of the client, evidencing the payment of customs debt and customs security to the

debit of the bank account

OTHER SERVICES

0.30%, min. 8,500 HUF, max. 100,000 HUF

0.25%, min. 8,000 HUF

Modification of guarantee (except raise)

3,000 HUF

in the amount according to point 4.2

CUSTOMS CASH DESK SERVICE

2.2, 3.b, 3.c, 7. AND 8. POINTS RELATED SERVICES

one-off 0.30%Bill of exchange fee in case of protest

Release of consignment dispatched to OTP’s address/order

Consultancy fee (letter of credit, drafting guarantee wording at the client’s request)

0.41%, min. 520 HUF/item

Fee for forwarding photocopy of voucher (e.g. SWIFT photocopy)

0.46%, min. 600 HUF/itemCommission on services

For cash deposit (in addition to the commission on the service)

For document size up to 20 kB

Modification, cancellation of orders

1,490 HUF/download

0.20%, min. 7,000 HUF

Separate banker’s correspondence, urging payments, modifying and deleting international transfers, correction of inaccurate orders

3,000 HUF

Obtaining bank information on client

Management fee for foreign currency bill of exchange placed in safe-keeping custody deposit

For document size in excess of 20 kB

MANAGEMENT OF CONTINGENT HUF ORDERS ON HUF ACCOUNT

In case of queuing other than order of arrival

Queuing of one-off transfers recorded via Electra Terminal, within a day (based on separate agreement concluded as from 1 July

2012)

HUF 5,000

Queuing in branch, other than compulsory queuing, based on agreement850 HUF/pc

(free of charge until 31 December 2020)

ONLINE SERVICE FOR RETRIEVAL OF ELECTRONIC COMPANY REGISTRY EXTRACT

BILL OF EXCHANGE

2,900 HUF/account/month

(free of charge until 31 December 2020)


10.5

a.

b.

10.6

a.

b.

c.

10.7

a.

b.

10.8

a.

b.

c.

10.9

10.10

10.11

10.12

a.

b.

c.

d.

10.13

11.

11.1

a.

b.

11.2

a.

b.

b.a.

b.b.

Upon the written request of the account owner

Fee for renting deposit box

0.10%, min. 1,500 HUF

1,000 HUF / pc

Account information disclosed for the purpose of auditing

Other certification (e.g. execution of transfer order, payment of ordinary share capital)

BANK INFORMATION

In respect of foreign currency account

500 Ft

400 HUF/pc

Issue of account statement copy upon specific request

Employer product package services 3 million HUF / year

Employer product package Gold offering

0.10%, min. 1,500 HUF

400 HUF/pc

free of charge

In case of foreign address

FEE FOR COPY OF TITLE DEED (in case of using TAKARNET) (15)

Accounting document, other banking document

Fee for branch retention

FEE FOR MAKING PHOTOCOPIES

SPECIAL ENTERPRISE SERVICES

MAILING OF FOREIGN EXCHANGE RATES LIST

POSTAGE ACTUALLY INCURRED

Correspondence fee

FEES ARISING FROM CONDUCT NOT IN COMPLIANCE WITH THE AGREEMENT (for bank accounts and overdraft facilities)

3 million HUF / year (promotion: free of charge until withdrawn)

Certificate of coverage

ISSUING AND MODIFYING CERTIFICATIONS

949 HUF / Account Owner / month

Mail post basic fee published by Magyar Posta Zrt. as applicable

LATE PAYMENT INTEREST RATE FOR THE PERIOD OF DEFAULT

Employer product package Diamond offering

Employer product package Platinum offering

SCHEDULED BLOCKING ON FOREIGN CURRENCY ACCOUNT

400 HUF/pc

Other document related to account keeping

Certification of placing of property collateral

949 HUF / Account Owner / month

CLIENT CORRESPONDENCE RELATED FEES

2,500-20,000 HUF / client / occasion

2,500-20,000 HUF / client / occasion

2,500 HUF

Interest rate of HUF overdraft facility prevailing at all times + 6.00%

9.00% p.a.

600 HUF / month

600 HUF / mailIn case of domestic address

3 million HUF / year (promotion: free of charge until withdrawn)

Debt management fee

According to the prevailing tariffs of TakarNet

In respect of HUF account

1,000 HUF / mail

LATE PAYMENT OF OUTSTANDING FEES, COMMISSION AND COSTS


12.

a.

b.

c.

d.

The following commissions, costs and fees are due to be paid monthly, on the last working day of the month (in the account keeping currency) in accordance with the conditions effective on the date of

settlement: account keeping monthly fee, intra-bank HUF and foreign currency transfers, inter-bank domestic HUF ad hoc transfers, standing orders and ad hoc orders given with designated debit date, for group

collection orders the commission charged to the bank account of the paying party, cash deposit over the counter in HUF, cash withdrawal over the counter in HUF, Electra software licence fee and modem rental

fee, client correspondence related fees. Charging occurs based on the number of transactions existing on the working day preceding the last working day of the month at the time of closing the account keeping

system. Charging of the account keeping monthly fee occurs based on the account scheme existing on the working day preceding the last working day of the month at the time of closing the account keeping

system, to the respective account or, if agreed, to another (charging) HUF bank account of the client.

Other fees, commissions, costs (not covered in sections a, b, c and d) are due to be paid (in the account keeping currency) when incurred, in accordance with the conditions effective on the date of settlement.

Charging of OTPdirekt services fees occurs in accordance with the provisions of the public announcement entitled "Conditions list of OTPdirekt services for commercial banking clients", charging of debit card

fees occurs in accordance with the provisions of the "Debit Card Terms of Business".

DUE DATE OF FEES, COMMISSIONS AND COSTS

The following commissions, costs and fees are due to be paid quarterly, on the last working day of the quarter (in the account keeping currency) in accordance with the conditions effective on the date of

settlement: group payment related fees (except 5.2.e). Charging of the quarterly transaction costs occurs based on the number of transactions existing on the working day preceding the last working day of the

quarter at the time of closing the account keeping system, to the respective account or, if agreed, to another (charging) HUF bank account of the client.

Fees for post office deposits are charged monthly, posteriorly, in one amount after the tenth working day of the month, based on the post office deposits made to the respective account in the previous month.


13.

13.1

a.

a.a.

a.b.

b.

b.a.

b.b.

c.

c.a.

c.b

13.2

a.

a.a.

a.b.

b.

b.a.

b.b.

c.

c.a.

c.b

13.3

a.

b.

13.4

a.

a.a.

a.b.

b.

b.a.

b.b.

FOREIGN CURRENCY ACCOUNT

WITH CONVERSION

-

FOREIGN CURRENCY ACCOUNT

-

-

foreign currency purchasing rate /

foreign currency selling rate

Debiting

-

APPLICATION OF EXCHANGE RATES RELATED TO PAYMENTS TURNOVER

Crediting

Debiting -

foreign currency purchasing rate

-

-

-

HUF ACCOUNT

Crediting

Intra-bank transactions



-

-

Domestic inter-bank transactions

International inter-bank transactions

TRANSFERS, DOCUMENTARY TRANSACTIONS, GUARANTEES IN FOREIGN CURRENCY



Debiting


Crediting

TRANSFERS IN HUF

foreign trade foreign currency purchasing rate

-




Crediting

-

-

Debiting

Crediting


Domestic inter-bank transactions

cheque purchasing rate / foreign

currency selling rate

HUF cash deposits and withdrawals over the counter

-

Debiting

cheque purchasing rate

cheque selling rateDebiting



TURNOVER DUE TO FOREIGN CURRENCY CHEQUES

-

foreign trade foreign currency purchasing rate

Intra-bank transactions

foreign trade foreign currency selling rate

foreign currency purchasing rateCrediting

-foreign currency selling rate

-




foreign currency selling rate-

Debiting

-

-

International inter-bank transactions

-

-

Debiting -

-

cheque purchasing rate / foreign

currency selling rate

Foreign currency deposits and withdrawals over the counter


cheque selling rate


-

Crediting

foreign trade foreign currency selling rate

-

Debiting

Crediting

cheque purchasing rate


cheque selling rate

CASH DESK TRANSACTIONS


Crediting



14.

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

15.

16.

17.

18.

19.

20. In case of SEPA transfers initiated through the OTP Direkt services or transfers within the bank group (point 2.2.e.), during cover verification the commission for standard transfers (point 2.2.a.a.) is blocked in

addition to the amount to be transferred, lacking this the transaction may not be initiated. Actually the fee specified for SEPA transfers or for transfers within the bank group (point 2.2.e.) is charged.

DSK Bank EAD, Sofia

Albania

INFORMATION ON THE GENERAL TERMS AND CONDITIONS OF THE PERFORMANCE OF THE INTERNATIONAL HUF AND FOREIGN CURRENCY, AS WELL AS DOMESTIC FOREIGN CURRENCY

PAYMENTS

Romania

The Bank applies an individual exchange rate over 50,000 EUR. The individual exchange rate is applied by the Bank only to transactions initiated in the bank branch. For international payments

exceeding the value limit of 50,000 EUR and charged against a HUF account, the Bank shall apply individual foreign trade exchange rate.

Debiting on the client account occurs on the execution date, at the foreign trade foreign currency selling rate listed by OTP Bank Plc., effective on this date. OTP Bank Plc. quotes foreign trade exchange rates

twice per day: first at 12:00 noon, second at 14:00. Application of the respective exchange rates to the initiated and received international transfers depends on the time when the item is received, according to

the provisions of the Terms of Business on Payment Services.

Joint Stock Company OTP Bank, Moscow

OTP Bank Albania, Tirana

Serbia Vojvodjanska Banka A.D., Novi Sad

Slovakia

Clients shall be required to give notice of priority transfers in excess of 1 million in either USD, EUR, CHF or GBP currency on the day preceding the initiation of the transfer. The International Banking Operations

General Department shall be informed of the notice.

Express transfer to OTP Bank group members means that the beneficiary client account shall be credited within the same day.

The current member banks of the OTP Bank Group are as follows:

Bulgaria

OTP Banka Slovensko A.S., Bratislava

The above published commissions apply to routine transactions only. Commissions on special transactions are subject to separate agreements.

The exchange rate listed first on the processing day is applied to settlements related to documentary payments and transfers which require subsequent consultation.

Upon acceptance of foreign currency transfer orders, blocking of funds occurs at the foreign currency selling rate listed by OTP Bank Plc. and effective on the date of acceptance, along with the exchange rate

The commissions are charged in the currency of the account keeping, based on the foreign currency amount of the order, simultaneously with performing the service, based on the effective foreign trade foreign

currency exchange rate quoted by OTP Bank Plc.

In addition to the own commissions published, the foreign bank commissions as well as extra costs (courier service, DHL, TNT, etc.) are recharged to the clients.

Imprecise and/or incomplete orders are kept on hold by the bank at the liability of the party giving the order until the details required for execution are duly provided.

An order is considered as "missing data" if the destination of the payment transaction is a country where client accounts are identified with IBAN (International Bank Account Number) and/or banks are identified

with BIC (SWIFT identifier), and the order fails to indicate these, and also if generally the data necessary for executing the payment (account, bank or other identifiers, or any supplementary information required

by the recipient country) are not included or partially included in the order. For executing any order failing to include at least one of the referred identifiers or information, OTP Bank Plc. may charge a surcharge

as indicated in the applicable public announcement.

In respect of the member states of the European Economic Area (EEA), as well as for the execution of payment transactions to be performed in SEPA, it is required to indicate the international bank account

number (IBAN) of the beneficiary and the BIC (SWIFT identifier) of the bank of the beneficiary. Any order not including the international bank account number of the beneficiary may be rejected by OTP Bank.

Russia

Euró Expressz orders are posted by OTP Bank Plc. for execution on the current day.

OTP Banka Hvratska D.D., Zadar

Costs of transfers which could not be executed and were returned by foreign banks are to be borne by the ordering party at all times.

Orders – either paper-based or initiated through the OTPdirekt services – which are submitted by 14:00 on a certain day are considered by OTP Bank Plc. to be arrived on that certain day. Orders submitted after

this point of time are considered to be submitted on the next banking day.

Priority orders are posted for execution by OTP Bank Plc. with a value date being the first day following the current day.

Bulgaria

Crnogorska Komercijalna Banka AD, Podgorica

SEPA transfers: may be initiated only in EUR currency, in respect of SEPA member states (https://www.europeanpaymentscouncil.eu/document-library/other/epc-list-sepa-scheme-countries) , if the bank of the

beneficiary is a member of SEPA. SEPA transfers are credited to the account of the beneficiary latest on the 1st working day for orders submitted via an electronic channel, and on the 2nd working day for orders

submitted in a paper-based format, after submitting the order. (Orders qualify as submitted on a respective day by 14:00.)

Letters of credits and prompt collections are undertaken by the bank based on The Uniform Customs and Practice for Documentary Credits, as well as The Uniform Rules for Collections issued by the

International Chamber of Commerce respectively, as applicable at all times, even if they are not stipulated by the party giving the order.

OTP Bank Plc. shall only accept and execute orders which are compliant with its business policy.

Montenegro

Croatia

Expressbank AD, Varna

OTP Bank Romania S.A.., Bucharest

Ukraine JSC OTP Bank, Kiev


III.

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(2)

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(4)

(5)

(6)

(7)

(8)

(9)

(10)

The retail Tempó account package and the modification of its conditions is subject to “Business regulations on retail bank accounts, deposits and overdraft facility – Payment accounts (Bank accounts)”.

The indicated account keeping fees are applicable in case the same statement type is associated to both the HUF and foreign currency account of the account package. Different statement types may also be set for the HUF and

foreign currency account. Charging the account keeping fee occurs in all cases as follows:

- to the HUF account of the Standard Devizaplusz account package, the account keeping fee specified for the Standard account package is charged, whereas to the foreign currency account thereof, the account keeping fee

specified for the foreign currency accounts of enterprises (point I.1.3.a) is charged by us;

- to the HUF account of the e-Devizaplusz account package, the account keeping fee specified for the e-account package is charged, whereas to the foreign currency account thereof, the account keeping fee specified for the foreign

currency accounts of enterprises (point I.1.3.a) is charged by us.By applying for the Szinkron and SzinkronExtra account package, the preferential monthly fee for the related retail Tempó account package is as follows.

DELETED

OTP Bank Plc. conducts domestic HUF letter of credit transactions with a transactional value of over 100 thousand HUF, charging the fees specified in points 8.2 and 8.4.

330 HUF/month

REFERENCES

If authenticated electronic bank account statement is selected, the Account Owner shall receive an authenticated electronic bank account statement, which is provided under the OTPdirekt Electra Terminal service and/or the

OTPdirekt internet service by the Bank, provided that the bank account was previously included in the agreement of the respective electronic channel. The detailed conditions of the authenticated electronic bank account statement is

contained in the applicable “Public Announcement on bank account statements" (Annex 2 to Terms of Business on Payment Services). Clients contracted for e-statement service package before 18 May 2015 are subject to

conditions identical with those of authenticated electronic bank account statement.

Package fee if the conditions specified in chapter IV.1 point 5. of “Business regulations on retail bank accounts, deposits and overdraft facility – Payment

accounts (Bank accounts)” are not met, without mailing the account statement, having electronic access to it 288 HUF/month


accounts (Bank accounts)” are not met, with mailing the account statement.

The fee is determined for one year in advance, on the basis of the account turnover at OTP Bank Plc.


accounts (Bank accounts)” are met.

By selecting the account package, the Account Owner commits to perform annually at least the debit account turnover specified in the account package agreement collectively on all the enterprise bank accounts owned by them and

kept with OTP Bank Plc. The following transactions are not included in debit account turnover: (a) book transfers between own accounts, (b) deposit tie-ups, (c) charging of fees, commissions, costs and interests initiated by OTP

Bank Plc., (d) cancellation transactions, (e) credit repayment.

In case of debit transactions performed in foreign currency, the debit account turnover is considered at the end-of-day OTP average exchange rate effective on the transaction date.

If the Account Owner fails to meet the commitment, OTP Bank Plc. may charge 0.1% surcharge based on the difference between the committed and the actually realised annual debit account turnover, to the bank account of the

Account Owner specified in the account package agreement. If the Account Owner has more than one account package for which it committed to a minimum annual debit account turnover in the account package agreement, then

any surcharge shall be charged to the account subject to the highest amount of commitment and opened earliest. The calculation of the annual debit account turnover starts from the opening date of the account package (or the

effective date of recontracting to the account package) and ends on the same calendar day of the next year. After one year elapsed, calculation of the account turnovers starts over. Further conditions:

- The amount of the minimum annual debit account turnover commitment specified in the account package agreement may be changed by modifying the agreement. For the respective account package, the Account Owner may

contract for a commitment of lower amount if at least one year has elapsed since concluding the account package agreement or the last modification thereof. In respect of commitment of higher amount, the agreement modification is

not subject to time limit.

If the Account Owner has more than one account package for which a commitment to a minimum annual debit account turnover is included in the account package agreement, then OTP Bank Plc. shall only consider the commitment

with the highest amount when verifying whether the commitment was met, and during charging any surcharge. Even in such cases, OTP Bank Plc. charges a surcharge maximum once per year to the bank account of the Account

Owner specified above, provided that the commitment is not met by the Account Owner.

- If the value of the committed annual debit account turnover of the highest amount is decreased by the Account Owner, then the inspection period with regard to the calculation of the annual debit account turnover shall not change.

- If the value of the committed annual debit account turnover of the highest amount is increased by the Account Owner, then the inspection period with regard to the calculation of the annual debit account turnover shall restart from

the effective date of the respective account package agreement modification.

- If the Account Owner has an account package for which a commitment to minimum annual debit account turnover is included in the account package agreement, and the account owner recontracts to another account package, they

may only contract back to the original account package if at least one calendar year has elapsed since the date of recontracting from the original account package.

If account statement retained in a branch or received along with box rental is selected, the account keeping monthly fee is equal to the account keeping monthly fee charged for paper based statement posting with monthly frequency.

0 HUF/month

The commissions, costs and fees for the payment bank account used for transacting Széchenyi Card credits are identical with the conditions of the OTP e-Forint payment bank account.

For foreign currency accounts, the account keeping monthly fee is charged at the last listed OTP average exchange rate effective on the closing date, as specified in the retail payment bank account Terms of Business entitled "Retail

foreign currency account management and foreign currency trading".


(11)

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(14)

(15)

(16)

(17)

(18)

(19)

(20)

(21)

The detailed terms and conditions of the transaction for providing card coverage are contained in the Debit Card Terms of Business, the Commercial Banking OTPdirekt General Terms of Business, as well as the Public

Announcement on the OTPdirekt services provided for commercial banking clients.

As a result of the amendment of the law, transfers to the Széchenyi Recreational Card accounts kept by OTP Pénztárszolgáltató Zrt. shall qualify as inter-bank transfer instead of intra-bank transfer. In order to reduce the burden on

employers, from 6 January 2019 OTP Bank Plc. shall apply the same conditions to ad hoc transfers, standing transfers, ad hoc transfers submitted with a specified debit date and group transfers to Széchenyi Recreational Card

accounts kept by OTP Pénztárszolgáltató Zrt., as applicable to items initiated within the bank in a branch or through the OTPdirekt service, including 0 HUF ad hoc transfers if an account package has this feature. In the case of the

Small Business START account package, the Small Business GOLD account package, the Small Business ACCOUNTANT account package and the NON-PROFIT account package, the number of preferential ad hoc transfers is

decreased if they are initiated within the count of preferential transfers.

Pursuant to the provisions of Act CXVI of 2012, "transfers between own accounts" shall mean such intra-bank transfers where the account owner initiating the transfer is identical with the account owner receiving it. Such transfer

include transfers between the Account Owner’s sole trader bank account and private retail bank account (including retail bank accounts with multiple owners where one of the account owners is the sole trader). Transfer to a credit

account does not qualify as transfer between own accounts. For transfers to the home pre-savings account of the Account Owner kept at OTP Lakástakarék Zrt., the fee for intra-bank transactions between own accounts is applied.

The maximum fee applicable to HUF payment account intra-bank HUF and foreign currency, as well as domestic HUF ad hoc transfers applies to all such paying account agreements which are subject to this Public Announcement.

The detailed terms and conditions for instant cash deposits through ATMs—to the card account related to the card used to deposit or to another account—are contained in the Debit Card Business Regulations.

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The fee will be effective from 02 March 2020.

Charged per case, independent of the number of managed secondary account identifiers.

Transfers initiated under the eBiz service shall be subject to the same conditions as items initiated via the OTPdirekt service, i.e. the fees for transactions initiated via OTPdirekt services shall apply, including the 0 HUF ad hoc

transfers as well, if the account package has any.

Fee for the TakarNet query performed by OTP Bank Plc. The fee is charged per certification/query. For the TakarNet service fees, our clients shall visit www.foldhivatal.hu => TakarNet information => Fees.

In addition to the fees, if risk is assumed by the Bank, a risk assumption fee depending on the client’s rating is charged. The specific amount of the guarantee fee shall be determined on a case by case basis, depending on the rating

of the transaction and the Client.


public announcement · 3/1/2020 · slight annual debit account turnover. if the committed debit...

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