I have a savings account at OTP. What will happen to it?
This will be taken over by BT under the following conditions:
The balance of the savings account is variable, without however being able to fall below the minimum threshold set by Banca Transilvania: 1000 lei in the case of Non-Profit Associations, respectively 10,000 lei in the case of authorized natural persons).
In case the balance falls below the mentioned minimum limits, the amounts in the savings account will not be credited.
Interest is calculated daily, based on the account balance, and is capitalized monthly in the savings account; the interest rate will be the one practiced by Banca Transilvania.
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