Money transfers

Terms and Conditions

All transfers performed to and from other banks within the country and abroad, strictly comply with all legal and regulatory acts of the relevant regulatory bodies.
In accordance with the provisions of the Measures against Money Laundering Act (MAMLA) upon carrying out a transaction or an operation exceeding 30, 000 BGN and respectively 10, 000 BGN for cash operations (or their equivalent in a foreign currency), the Bank customers are obliged to declare the origin of their funds.
For this purpose, the Bank requires a DECLARATION completed by them under Art. 4, para. 7 and under Art. 6, para. 5 (3) of the MAMLA (based on an approved form) before carrying out the relevant operation or transaction.