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OTP Bank has introduced loans for customs clearance of cars with European registration

07/ 07/ 2021
  OTP Bank offers a loan for customs clearance of cars with European registration for private individuals, which was developed at the request of the All-Ukrainian public organization Auto Euro Power, which is an initiator and main lobbyist of changes in customs and tax legislation on preferential customs clearance of cars with European registration. This was announced at a joint press conference by Oleh Klymenko, a OTP Bank Board member for Retail Business development. According to the terms of OTP Bank, the program is selected individually for the client within five minutes. The loan amount for car customs clearance can range from UAH 5,000 to UAH 75,000, the loan term equils to 36 or 60 months, the interest rate is 0.01% p.a. during the 1st month and 36% p.a. starting from the 2nd month of the loan agreement in case it is cuncted by July 15, this year.  Loan registration fee - 3%, no monthly fee is provided. The loan is delivered in cash for customs clearance of used cars with European registration, older than 5 years, which were imported into Ukraine by the end of 2020 and will be cleared under the conditions provided by amendments to the Tax and Customs Codes of Ukraine dated 15.04.21 (draft laws № 4643-d, № 4644-d). For more information on OTP Banks loans for car customs clearance, follow the link. Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard. All-Ukrainian public organization Auto Euro Power (NGO NPP) was established in September 2016, in order to achieve affordable customs clearance for every Ukrainian, as well as to protect car owners with European registration.

OTP Bank offers a loan for customs clearance of cars with European registration for private individuals, which was developed at the request of the All-Ukrainian public organization “Auto Euro Power”, which is an initiator and main lobbyist of changes in customs and tax legislation on preferential customs clearance of cars with European registration. This was announced at a joint press conference by Oleh Klymenko, a OTP Bank Board member for Retail Business development.

According to the terms of OTP Bank, the program is selected individually for the client within five minutes. The loan amount for car customs clearance can range from UAH 5,000 to UAH 75,000, the loan term equils to 36 or 60 months, the interest rate is 0.01% p.a. during the 1st month and 36% p.a. starting from the 2nd month of the loan agreement in case it is cuncted by July 15, this year.  Loan registration fee – 3%, no monthly fee is provided.

The loan is delivered in cash for customs clearance of used cars with European registration, older than 5 years, which were imported into Ukraine by the end of 2020 and will be cleared under the conditions provided by amendments to the Tax and Customs Codes of Ukraine dated 15.04.21 (draft laws № 4643-d, № 4644-d).

For more information on OTP Bank’s loans for car customs clearance, follow the link.

Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.

All-Ukrainian public organization “Auto Euro Power” (NGO “NPP”) was established in September 2016, in order to achieve affordable customs clearance for every Ukrainian, as well as to protect car owners with European registration.

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