Banking In Bulgaria

In any investment situation it is important to know what facilities are available. This is a short guide to give you some help.


In keeping with its entry into the EU, the banking system in Bulgaria has done a lot to reform itself over the past years, becoming more open and transparent. As in any country, if you open a bank account in one of Bulgaria's banks, you should compare commission rates for money transfer to and from Bulgaria. In most Bulgarian banks you will find a few English-speaking employees to help you, probably in the foreign exchange department.

Outside of the major cities and tourist areas, Bulgaria is largely a cash economy although ATMs are attached to most banks. In recent years the practice of using debit cards has become more widespread, although payment with personal cheques is practically unknown and little used as a method of payment. However, payment by debit cards is accepted in some of the retail chains and gas stations and is increasing in popularity. Foreigners are the main users of cheques and credit cards.

  • The Association of Commerce Banks is a body that represents all recognized financial institutions in Bulgaria, and as such acts as a bond of reputability. The full list of Bulgarian ACB member Banks is listed below:
  • Bulbank
  • Biochim
  • Central Cooperative Bank
  • Economic & Investment Bank
  • Demirbank
  • Encouragement Bank
  • Eurobank
  • ING Bank
  • First Investment Bank
  • Roseximbank
  • Expressbank
  • Societe Generale
  • Union Bank
  • United Bulgarian Bank
  • Bank DSK
  • Procredit Bank
  • Tokuda Bank Plc
+Read more

Featured Property

+Read more

Featured Property

+Read more

Featured Property


Holiday Rentals in BulgariaHoliday Rentals

Owners Direct is one of the UK's leading direct from owner rental websites and the first choice for holiday home owners who want a cost effective and easy way to fully book their properties.

Find out more Go

Can't find what you're looking for?

We're here to help in any way we can. Help me find it!
Search