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When sending money to Bulgaria you will be charged by both your bank and the Bulgarian bank. The bank charges must be covered by you for both sides. If you use Global Currency Exchange, you don't pay any bank charges in the UK, but you still need to cover the bank fees which the Bulgarian bank will charge you. Here is more information on the fees of some of the major banks in Bulgaria to help you when making transactions.
BANK CHARGES IN BULGARIA:
FIRST INVESTMENT BANK
Tel: +359 2 910 0100
Charges for receiving funds into a Euro account: 0.15%
Charges for transferring funds out of a Euro account:0.15%
ALLIANZ BANK
Tel: +359 2 921 5404
Charges for receiving funds into a Euro account:
Less than 200 Euros - 5 Euros charge.
More than 200 Euros - 0.1%. (Min 10 Euros, Max 200 Euros)
Charges for transferring funds out of a Euro account: Same as receiving.
UBB (UNITED BULGARIAN BANK)
Tel: +359 2 811 2800
Charges for receiving funds into a Euro account:
Up to 10,000 BGN - 16 BGN charge.
Above 10,000 BGN - 0.2%. (Max 400 BGN)
Charges for transferring funds out of a Euro account:
Up to 20,000 BGN - 35 BGN charge.
Above 20,000 BGN - 0.2%. (Max 400 BGN)
DZI BANK
Tel: +359 2 930 7136
Charges for receiving funds into a Euro account:
Up to 2,500 Euros - 5 Euros.
Above 2,500 Euros - 0.1%. (Min 10 Euros, Max 100 Euros)
Charges for transferring funds out of a Euro account: Same as receiving.
BulgarianProperties recommend the services of Global Currency Exchange Network. They offer great exchange rates and an efficient service. ... go there
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Information on obtaining a
Bulgarian Residence permit is available here...
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