In global financial transactions, accurate banking information often determines the smooth flow of funds. Many individuals and businesses have experienced delays or misdirected payments due to incorrect SWIFT codes. When transferring funds to OTP BANKA D.D., using the correct SWIFT identifier becomes essential for secure and efficient transactions.
OTP BANKA D.D. SWIFT Code Details
The SWIFT code for OTPV BANKA D.D. is OTPVHR2XSIB , belonging to its Šibenik branch in Croatia. The branch's complete address is VIII DALMATINSKE BRIGADE 26, Šibenik, ŠIBENSKO-KNINSKA, 22000. SWIFT/BIC codes serve the crucial function of routing funds to internationally recognized banks and their specific branches.
Understanding SWIFT Code Structure
SWIFT codes typically consist of 8 to 11 characters that precisely identify financial institutions through a combination of letters and numbers. For those conducting cross-border payments or receiving international funds, providing the correct SWIFT code helps avoid unnecessary complications and processing delays.
Before initiating international transfers, individuals and businesses should verify all relevant details including:
- The complete bank name
- Branch name (if applicable)
- Country of the receiving bank
Ensuring Transaction Security
The security and timely delivery of transferred funds remains paramount. Customers bear the responsibility of confirming the accuracy of all banking details, particularly the SWIFT code. When preparing to send money internationally, financial experts recommend:
- Double-checking the SWIFT code against official bank documents
- Contacting bank representatives to verify all transaction details
- Confirming the recipient's account information matches bank records
Using the correct SWIFT code, such as OTPVHR2XSIB for OTP BANKA D.D., ensures the proper routing of global payments and contributes to the efficient movement of international funds.