Question 1

What is the SWIFT code for OTP Bank Romania (merged into Banca Transilvania)?

Accepted Answer

The SWIFT/BIC code for OTP Bank Romania (merged into Banca Transilvania) is OTPVROBU. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to OTP Bank Romania (merged into Banca Transilvania)?

Accepted Answer

To send money internationally to OTP Bank Romania (merged into Banca Transilvania), provide your bank with the SWIFT/BIC code OTPVROBU (Bucharest, Romania) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is OTP Bank Romania (merged into Banca Transilvania) a SEPA member?

Accepted Answer

Yes, OTP Bank Romania (merged into Banca Transilvania) is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code OTPVROBU mean?

Accepted Answer

In the BIC code OTPVROBU: "OTPV" is the institution code identifying OTP Bank Romania (merged into Banca Transilvania), "RO" is the ISO 3166-1 country code for Romania, and "BU" is the location code indicating the bank's city or timezone zone.

OTPVROBU

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