OTP Bank DD SWIFT Code Key for Crossborder Transfers

Published: 08/20/2025
cross-border remittance bank code SWIFT/BIC
This article explains the composition of OTP BANKA D.D.'s SWIFT/BIC code OTPVHR2XSPL and its significance in cross-border remittances. It explores the critical steps to ensure the accuracy of SWIFT codes to avoid issues in financial transactions.
OTP Bank DD SWIFT Code Key for Crossborder Transfers

In today’s interconnected global economy, cross-border transactions have become a routine part of financial activities. Among the tools facilitating these transactions, the SWIFT/BIC code stands out as an international standard, ensuring secure and efficient identification for financial transfers. This article provides an in-depth analysis of the SWIFT/BIC code for OTP BANKA D.D., explaining its structure and practical applications.

The Structure of SWIFT/BIC Codes

SWIFT/BIC codes, managed by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), consist of 8 to 11 characters designed to uniquely identify banks and their branches worldwide. For OTP BANKA D.D., the SWIFT code is OTPVHR2XSPL , which can be broken down as follows:

  • Bank Code (4 letters): OTPV – Identifies OTP BANKA D.D.
  • Country Code (2 letters): HR – Indicates Croatia as the bank’s home country.
  • Location Code (2 letters): 2X – Specifies the geographic location of the bank’s headquarters.
  • Branch Code (3 letters): SPL – Refers to a specific branch of OTP BANKA D.D. If the code ends with "XXX," it denotes the bank’s primary office.

The full details for OTP BANKA D.D. are as follows:

  • SWIFT Code: OTPVHR2XSPL
  • Bank Address: GUNDULICEVA 36, SPLIT, CROATIA

Ensuring Accuracy in Cross-Border Transfers

Using the correct SWIFT/BIC code is critical to avoiding delays or errors in international transactions. Below are key considerations to ensure accuracy:

  • Verify Bank Details: Confirm that the recipient’s bank name matches the SWIFT code exactly.
  • Check Branch Information: If using a branch-specific code, ensure it aligns with the recipient’s branch.
  • Confirm Country Code: Given the complexity of global banking networks, the country code must accurately reflect the destination.

Understanding the SWIFT/BIC code for OTP BANKA D.D. is essential for seamless cross-border transactions, whether for individual users or financial professionals. Proper use of these codes enhances security and efficiency, ensuring a smooth international payment experience.

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