---
title: "Otro Pay Electronic Money Institution Single Member Societe Anonyme SWIFT/BIC code OTROGR22XXX · Greece | Elucidate"
description: "Licensed in Greece: Electronic money institution (Bank of Greece). SWIFT/BIC code OTROGR22XXX for Otro Pay Electronic Money Institution Single Member Societe…"
url: https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22
---
1. [Directory](https://elucidate.co/directory)
2. [Greece](https://elucidate.co/directory/country/gr)
3. Otro Pay Electronic Money Institution Single Member Societe Anonyme
Greece · Payments & e-money
# Otro Pay Electronic Money Institution Single Member Societe Anonyme
Legal name in the LEI record OTRO PAY ΙΔΡΥΜΑ ΗΛΕΚΤΡΟΝΙΚΟΥ ΧΡΗΜΑΤΟΣ ΜΟΝΟΠΡΟΣΩΠΗ ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ
OTRO PAY Electronic Money Institution Single Member S.A. is a Greek société anonyme based in Marousi, Attica. The Bank of Greece authorises it as an electronic money institution under Laws 4021/2011 and 4537/2018. Until 2024 it held a Bank of Greece payment institution licence under the name OTRO PAY Payment Institution Single Member S.A. It has a single shareholder, a natural person according to its LEI record. It offers bill payments to consumers through a network of retail agents and offers WeChat Pay acceptance to merchants in Greece.
Register status
Licensed in Greece
Electronic money institution · Bank of Greece
Prudential licence
[1 licence or registration ↓](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#licences)
BIC **OTROGR22XXX** LEI **[9845005C8575ECGE3935](https://search.gleif.org/#/record/9845005C8575ECGE3935)** [Licence no. **801587027**](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#licences) Reverse billing [**1** branch code](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#branches) [Claim this profile](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#claim)
## Licences and registrations
Held by Otro Pay ΙΔΡΥΜΑ ΗΛΕΚΤΡΟΝΙΚΟΥ ΧΡΗΜΑΤΟΣ ΜΟΝΟΠΡΟΣΩΠΗ ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ (LEI 9845005C8575ECGE3935). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [EBA PSD2 Register](https://elucidate.co/directory/register/eba-psd2) Bank of Greece Linked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Electronic money institutionE-Money / Stored Value Institution GLEIF legal name: OTRO PAY ΙΔΡΥΜΑ ΗΛΕΚΤΡΟΝΙΚΟΥ ΧΡΗΜΑΤΟΣ ΜΟΝΟΠΡΟΣΩΠΗ ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ | 801587027 | [Greece](https://elucidate.co/directory/country/gr) | Active | 2024-03-21 | — | - Money remittance - Payment services - Card acquiring - E-money / stored value | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) |
The register name differs from the legal name in GLEIF. This can follow a rename. Treat the LEI match as indicative.
Trading names on the register: OTRO PAY E.M.I. (EBA-PSD2)
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
## European registers
### ECB · monetary financial institutions
List as at 2026-09-25
- **Category:** Other monetary financial institution
- **Minimum reserves:** Not on the ECB reserve list
- **Listed as:** Otro Pay Electronic Money Institution Single Member S.A
- **RIAD code:** GRPI615
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** OTROGR22XXX head office
- **Connection to Swift:** Reverse billing
- **Swift GPI:** Not on the member list
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** [1 branch code](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#branches)
- **BIC first registered:** 2025-02-01
- **Last updated:** 2025-02-01
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#overview-sources)
Customers
Not published
Employees
11
headcount · This entity · 31 Dec 2024 · [annual report ↗](https://otropay.gr/gramylsi/2025/10/otro_financials_2024.pdf)
Ownership
Privately held
Firm type
Money remittance
Trades as OTRO PAY
- **Standing:** The firm first held a Bank of Greece licence as a payment institution, granted in September 2021. It became an electronic money institution under a Bank of Greece decision of 21 March 2024 and changed its name to match.
- **Ownership:** The firm is a single-member société anonyme, and its LEI record reports its owner as a natural person without naming them.
- **Head office:** Neapoleos 12, 15123 Marousi, Greece
- **Company register:** GEMI 159640801000
- **Incorporated:** 2021
- **Former name:** OTRO PAY ΙΔΡΥΜΑ ΠΛΗΡΩΜΩΝ ΜΟΝΟΠΡΟΣΩΠΗ ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ (OTRO PAY Payment Institution Single Member S.A.)
### Online
- **Websites & references:** [otropay.gr ↗](https://otropay.gr/)
- **Official social accounts:** None found
Sources · 8 pages consulted
1. [otropay.gr/en/](https://otropay.gr/en/)
2. [otropay.gr/who\_we\_are/](https://otropay.gr/who_we_are/)
3. [otropay.gr/en/term-conditions/](https://otropay.gr/en/term-conditions/)
4. [otropay.gr/gramylsi/2025/10/otro\_financials\_2024.pdf](https://otropay.gr/gramylsi/2025/10/otro_financials_2024.pdf)
5. [otropay.gr/en/faq/](https://otropay.gr/en/faq/)
6. [otropay.gr/en/wechat-pay/](https://otropay.gr/en/wechat-pay/)
7. [lei.bloomberg.com/leis/view/9845005C8575ECGE3935](https://lei.bloomberg.com/leis/view/9845005C8575ECGE3935)
8. [developer.viva.com/payment-methods/direct-debit-other/cash/](https://developer.viva.com/payment-methods/direct-debit-other/cash/)
## Authorisation
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#overview-sources)
- **Operates under:** Its own licences
The Bank of Greece authorises the firm as an electronic money institution under Laws 4021/2011 and 4537/2018 (decision 497/1/21.03.2024). It provides its bill payment service through agents registered as its representatives.
| Authority | Licence or registration | Number | Held | Status | Source |
| --- | --- | --- | --- | --- | --- |
| Bank of Greece Greece | Electronic money institution | 801587027 | In its own name | Active | [otropay.gr ↗](https://otropay.gr/en/term-conditions/) |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
## Partners and safeguarding
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#overview-sources)
- **Payment schemes and card networks:** WeChat Pay Access not stated [otropay.gr ↗](https://otropay.gr/en/wechat-pay/)
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
## Products and markets
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#overview-sources)
- Bill payments
- Domestic payments
- Merchant acquiring
Consumers pay utility, telecoms, insurance and public-sector bills in euros, in cash or by card, at contracted retail agents. The firm says it collects for more than 230 organisations. It also offers merchants WeChat Pay acceptance for Chinese visitors and residents.
The firm serves customers in Greece through agent service points that it says the Bank of Greece has certified as its representatives.
- **Revenue:** EUR 353,725This entity · 31 Dec 2024 · [annual report ↗](https://otropay.gr/gramylsi/2025/10/otro_financials_2024.pdf)
- **Sells to:** Consumers · Small businesses · Enterprises · Public sector
- **Serves customers in:** Greece
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#overview-sources)
- **Chief executive:** Alexios Panagopoulos Chief Executive Officer (Διευθύνων Σύμβουλος) Confirmed 30 Jun 2025 · [otropay.gr ↗](https://otropay.gr/gramylsi/2025/10/otro_financials_2024.pdf)
- **Chair:** Georgios Kyriakos Chairman of the Board of Directors, non-executive member Confirmed 30 Jun 2025 · [otropay.gr ↗](https://otropay.gr/gramylsi/2025/10/otro_financials_2024.pdf)
- **Executive:** Aikaterini Martini Executive board member and head of accounting Confirmed 30 Jun 2025 · [otropay.gr ↗](https://otropay.gr/gramylsi/2025/10/otro_financials_2024.pdf)
## Recent events
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#overview-sources)
1. Jun 2025
Other
The firm reported that it had sold its 99.99% stake in a recently formed Indian subsidiary to Testa Holdings Ltd for EUR 1.9 million.
[otropay.gr ↗](https://otropay.gr/gramylsi/2025/10/otro_financials_2024.pdf)
2. Dec 2024
Funding
During 2024 the firm raised its share capital by EUR 2.6 million, to EUR 3.31 million, according to its audited 2024 accounts.
[otropay.gr ↗](https://otropay.gr/gramylsi/2025/10/otro_financials_2024.pdf)
3. Mar 2024
Licence
The Bank of Greece authorised the firm as an electronic money institution by decision 497/1/21.03.2024.
[otropay.gr ↗](https://otropay.gr/who_we_are/)
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
## Identifiers
Head-office record
- **BIC:** OTROGR22XXX
- **How the BIC breaks down:** 1. OTRO Bank 2. GR Country · Greece 3. 22 Location · reverse billing 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 9845005C8575ECGE3935
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/9845005C8575ECGE3935)
- **Licence no. · EBA-PSD2:** 801587027
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file. Register entry: Matched by Elucidate to GLEIF on name, country and address.
- **Register-entry ID:** 70ec52e24998
## Profile
- **Type:** Payments & e-money
- **Regulation:** Prudential licence
- **Register licences:** [1 entry on 1 register](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22#licences)
- **Activities:** - Money remittance - Payment services - Card acquiring - E-money / stored value
- **Licensed in:** [Greece](https://elucidate.co/directory/country/gr)
- **Country · region:** Greece · Europe & Central Asia
- **Banking supervision:** Not on the ECB's list of supervised entities as of 2026-07-01
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
## Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
## Addresses
- **Registered address:** NEAPOLEOS 12 MAROUSI 15123 GREECE
- **Operational address:** NEAPOLEOS 12 MAROUSI 15123 MAROUSI GREECE
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
OTROGR22XXX
9845005C8575ECGE3935
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
OTROGR22XXX
9845005C8575ECGE3935
OTRO PAY ELECTRONIC MONEY INSTITUTION SINGLE MEMBER SOCIETE ANONYME
MAROUSI
GR
NEAPOLEOS 12 MAROUSI 15123
```
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Network
### Branch codes
| BIC | Branch | City | Address | LEI | Updated |
| --- | --- | --- | --- | --- | --- |
| [OTROGR22111](https://elucidate.co/directory/otro-pay-electronic-money-institution-single-member-societe-anonyme-otrogr22-111) | — | Marousi | NEAPOLEOS 12 MAROUSI 15123 MAROUSI GREECE | — | 2026-01-03 |
[See every BIC in Greece →](https://elucidate.co/directory/country/gr#bics)
## Related institutions
### Other payments & e-money institutions in Greece
- [Everypay Payment Services Single Member Societe Anonyme BIC EPSNGRA2 Payments & e-money Prudential licence Greece · Licensed by Bank of Greece · 800509341 (EBA-PSD2) · LEI 254900V97XWSIIN1PU06](https://elucidate.co/directory/everypay-payment-services-single-member-societe-anonyme-epsngra2)
- [Trilia Net Payment Institution Societe Anonyme BIC TNPIGRA2 Payments & e-money Prudential licence Greece · Licensed by Bank of Greece · 801427867 (EBA-PSD2) · LEI 213800T9SJP3TKAM6Q96](https://elucidate.co/directory/trilia-net-payment-institution-societe-anonyme-tnpigra2)
- [Agreed Payments Payment Institution S.A. · trading as AGREED No BIC Payments & e-money Prudential licence Greece · Licensed by Bank of Greece · 801538008 (EBA-PSD2) · LEI 213800GIXOTTB2HEYT66](https://elucidate.co/directory/agreed-payments-payment-institution-s-a-857f276cf81a)
- [Delivery Hero Payments Single Member S.A. - Payment Institution · trading as DH PAY No BIC Payments & e-money Prudential licence Greece · Licensed by Bank of Greece · 801477570 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/delivery-hero-payments-single-member-s-a-payment-institution-e7c74c8815a0)
- [Direct Pay S.A. - Payment Institution · trading as DIRECT PAY No BIC Payments & e-money Prudential licence Greece · Licensed by Bank of Greece · 094438857 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/direct-pay-s-a-payment-institution-46df5a9c0014)
- [Euronet Merchant Services Payment Institution Single Member S.A. · trading as EURONET MERCHANT SERVICES PAYMENT INSTITUTION No BIC Payments & e-money Prudential licence Greece · Licensed by Bank of Greece · 801567852 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/euronet-merchant-services-payment-institution-single-member-s-a-18a986bc91bb)
- [Intel Express Payment Institution S.A. · trading as INTELI EXPRESS No BIC Payments & e-money Prudential licence Greece · Licensed by Bank of Greece · 998732293 (EBA-PSD2) · LEI 21380089SXODJHI8OB46 (also mapped to a BIC)](https://elucidate.co/directory/intel-express-payment-institution-s-a-ae4e7b9db642)
- [Nbg Pay Payment Institution S.A. · trading as NBG PAY No BIC Payments & e-money Prudential licence Greece · Licensed by Bank of Greece · 801839155 (EBA-PSD2) · LEI 2138009J6E1DP6VGV286](https://elucidate.co/directory/nbg-pay-payment-institution-s-a-18c2e193076a)
[See all →](https://elucidate.co/directory/search?type=payments&cc=GR)
Claim this profile
## Work at Otro Pay Electronic Money Institution Single Member Societe Anonyme?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **EBA PSD2 Register**—European Banking Authority (EBA) · [register ↗](https://euclid.eba.europa.eu/register/pir/search) as at 25 September 2026
- **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- **European registers**—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Matched on LEI by Elucidate.
- **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: [otropay.gr](https://otropay.gr/) (official website) · [original](https://otropay.gr/gramylsi/2022/01/OTRO-LOGO-_-LIGHT-GREEN-BLUE.png).
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
[Book a demo](https://elucidate.co/demo-request)
Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.