BGN Transfers

BGN Transfers

Here you will find everything you need to know about sending to and from Bulgarian Lev. 

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Please note that we can not accept cash deposits. Money needs to be transferred electronically from your bank account. 

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Skip to BGN Refunds
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Sending to BGN 

For more information and to get started with your first transfer to BGN, click here!

Basic Information   Notes
Delivery time* 0-1 working day *After payout. Please keep in mind that TransferWise can take up to two working days to convert your funds from receiving the deposit
Minimum/maximum amount (per transfer) 1 BGN/2,000,000 BGN  
Countries we can send to Bulgaria only  
Additional Receiving Banking Fees None  
Required Details    
Recipient Full Name Yes When sending to individuals, please include the first name and the surname
Recipient IBAN Yes IBAN should be 22 characters long (letters and numbers) and begin with BG
Recipient SWIFT/BIC code Yes SWIFT/BIC code 8 characters (letters and numbers)
Amount Lock Transfers Yes The currency you're sending from must also be able to send fixed amounts. Please see our other currency FAQs more information

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Sending from BGN

Basic Information   Notes
Time for deposit to reach TransferWise* 0-2 working days Please note: T  ransferWise usually only receives deposits within UK working hours (9-5 UK time Mon-Fri)
How to send money Local bank transfer, credit or debit card We can only accept local bank transfers, we cannot accept payments made by Easypay, Epay, or cash.
Additional sending fees No  
Amount Lock Transfers (in) Yes The currency you're sending to must also be able to receive fixed amounts. Please see our other currency FAQs for more information
Guaranteed Rate Yes Learn more here.
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BGN Refunds

If you cancel your transfer from BGN when you have already sent the money to us and the transfer has not yet been completed, then we can simply refund your money back to you. 

The money must be sent back to the account it came from and we will ask for the following details:

- Account holder name
- Bank code (BIC/SWIFT)

Your money will then be sent back to you and should arrive within 2 working days maximum.


Extra Notes

Please note that we cannot send payment of taxes, insurances, fees and other liabilities to the centralized budget and the administrators of incomes, i.e. municipality, national insurance etc.
These payment types are not standard domestic payments. 

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