Please note that we can not accept cash deposits. Money needs to be transferred electronically from your bank account.
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Sending to BGN
For more information and to get started with your first transfer to BGN, click here!
|TransferWise Fee||0,7% (or the equivalent of 2.80 BGN for transfers under 400 BGN)||When sending from currencies where the fee would normally be 0.5%, the fee is instead 0.7%.|
|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|
|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
|TransferWise fee||0.7%||Except when sending to SWIFT currencies, where an additional €7 flat fee is charge in addition to the outlined fees|
|Time for deposit to reach TransferWise*||0-2 working days||Please note: TransferWise 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. Paying with a debit card carries an additional 0.2% fee, and with a credit card a 0.3% fee.|
|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||You'll receive a guaranteed rate, lasting 48 working hours (2 working days) when transferring to AUD, CHF, EUR, GBP and USD.|
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.
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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