Enjoy enhanced security with Verification of Payee
Benefit from competitive pricing
Amounts credited in as little as 10’’
With Optima e-banking and the Optima mobile app, you can make instant fund transfers to partners and suppliers within Greece and abroad (EEA) with optimum security.
When you transact with third-party accounts with whom you have not previously transacted, an additional authentication step may be activated. In this case, a one-time password (OTP) will be sent to your verified email, in addition to the password already sent to your mobile phone.
All instant fund transfers in euros for amounts up to €100,000, both within Greece and abroad (EEA), are completed in just 10 seconds at the cost of a standard transfer!
In addition, the Verification of Payee feature offers extra protection for euro fund transfers.
You enter the IBAN and:
- the recipient’s name you expect
- the business name or VAT number (for companies).
We’ll inform you in real time of the verification result from the account provider.
If there’s no exact match, you can review the recipient’s details and decide whether to proceed with the transaction.
Possible verification outcomes
Below are the possible verification outcomes in detail. If there is no exact match, you have the option to review the recipient’s details and decide whether to give your consent to proceed with the transaction.
| Exact match | What it means The bank account holder has been successfully verified. |
| Partial match | What it means The name you entered does not fully match the bank account holder’s name. Recommendation To avoid sending funds to the wrong recipient, we recommend reviewing and confirming the details with the beneficiary. |
| No match | What it means The verification details you entered do not match the bank account holder’s information. Recommendation If you choose to proceed without corrections, the funds may be sent to the wrong person. To avoid errors or potential fraud, we recommend confirming the details with the beneficiary. |
| Verification error | What it means Verification was not possible. The account may be incorrect, non-existent oor otherwise unverifiable due to a technical issue. Recommendation If you choose to proceed without corrections, the funds may be sent to the wrong person. To avoid errors or potential fraud, we recommend confirming the details with the beneficiary. |
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How to make a money transfer
Simply and quickly. Make money transfers within Optima bank and other banks in Greece and abroad in euro and other currencies using Optima e-banking service or Optima mobile app. Alternatively contact the branch that best suits you. We are looking forward to helping and guiding you effectively.
Required documents
To make a fund transfer, make sure that you know the recipient Bank (SWIFT, BIC) and the beneficiary's IBAN.
Pricing
Find out more about the current Electronic transactions price list for transfers via Optima e-banking and Optima mobile app.
Find out more in the current Basic price list for transfers via bank branch.