Bank related topics

Opening a bank account in a Bulgarian bank is an excellent solution because the Bulgarian bank system is one of the most stable and effective in Europe. Bulgarian banks exceed almost two times the minimal required level of capital adequacy in the EU, thus guarantying financial wealth and stability. This fact show that the banks operating in Bulgaria are far more stable and have bigger buffers against cataclysms than most of the banks in Europe. The Bulgarian banks are part of the Single Euro Payment Area (SEPA), without being part of the Eurozone, which guarantees instant wire transfers in the EU. The Bulgarian lev is pegged to the Euro.

We have excellent relations with various Bulgarian banks and this ensures a smooth and quick process for setting up a bank account for your company. We are familiar with the specifics of opening bank accounts. In most cases opening a bank account is possible remotely without being present in the bank in person, but some banks reserve the right to request presence in person under certain cirumstances. We can open bank accounts in different currencies. Bank accounts can be operated via internet/telephone banking, and different payment cards can be issued with different brands. 

Multi-currency company bank account

There is no limitationi to the currency of the bank accounts that your company may choose to open in Bulgaria. Please note, though, that it is is a must that your company has an account in Bulgarian company upon incorporation and in case capital is being raised.

How to activate and use Internet banking

Depending on the bank that you chose, you would need to get a specific authorization by the bank to proceed with Internet banking. As different banks use varying software for their online banking, we provide our clients with full support to activate their Internet banking and gain full control over the money in their accounts. Call us and we will help fix all your issues with regard to online banking, and ensure that you are given detailed guidance on the specifics that your chosen bank has put on the online banking system it operates.