Question 1

What is the SWIFT code for Banka OTP Albania sh.a?

Accepted Answer

The SWIFT/BIC code for Banka OTP Albania sh.a is PUPPALTR. 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 Banka OTP Albania sh.a?

Accepted Answer

To send money internationally to Banka OTP Albania sh.a, provide your bank with the SWIFT/BIC code PUPPALTR (Tirana, Albania) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Banka OTP Albania sh.a a SEPA member?

Accepted Answer

Yes, Banka OTP Albania sh.a 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 PUPPALTR mean?

Accepted Answer

In the BIC code PUPPALTR: "PUPP" is the institution code identifying Banka OTP Albania sh.a, "AL" is the ISO 3166-1 country code for Albania, and "TR" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns Banka OTP Albania sh.a?

Accepted Answer

Banka OTP Albania sh.a is owned by OTP Bank Nyrt., a banking group based in Hungary. Banka OTP Albania sh.a is registered in Albania as a local entity, while its ultimate ownership sits with the parent group in Hungary.

PUPPALTR

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