BGN Transfers (Bulgarian lev)

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Written by Currencies
Updated 4 months ago

Who can I send BGN to?
What details do I need for the recipient?
How long will it take for my BGN to arrive?
Do you limit the amount of BGN I can send?
How can I pay for my BGN transfer?


Who can I send BGN to?

You can send BGN to any bank account in Bulgaria.


What details do I need for the recipient?

You’ll need their:

  • Name (as it appears on their account)
  • IBAN (GB, followed by a 20-character code)
  • SWIFT/BIC code (8-11 digits)

What is an IBAN?
What is a SWIFT code?


How long will it take for my BGN to arrive?

We can transfer your BGN on the same working day, if we receive your payment by 08:00 am.

(Occasionally we might need you to supply additional documents, which can affect the transfer time. But we’ll keep you informed every step of the way.)


Do you limit the amount of BGN I can send?

No. Some FX companies limit the amount of BGN you can send or receive.
We give you the freedom to send as many Bulgarian lev as you like.


How can I pay for my BGN transfer?

You can pay by bank transfer.


In case you were wondering...

What is an IBAN?

IBAN stands for International Bank Account Number. IBANs make it easier to send or receive funds from overseas. They don’t replace your sort code and account number; they contain extra characters that help overseas banks identify your account.

What do IBAN numbers look like?
Here’s how an IBAN might look for a bank account in Bulgaria:

IBAN (electronic format)
BG90BNBG98761087654321

IBAN (human-readable format)
BG90  BNBG  9876  1087  6543  21

What is a Bulgarian IBAN number made of?
BG  90  BNBG  9876  10  87654321

[2-character Country Code]
[2-digit IBAN Checksum]
[4-character SWIFT/BIC code]
[4-digit Branch Code]
[2-digit Account Type]
[8-digit Account Number]

What is a SWIFT code? 

The SWIFT international payment network is used to send and receive electronic payments (also known as wire payments). It sends payment orders between banks using SWIFT codes, so banks can transfer money quickly, reliably, and securely.

SWIFT code format: AAAA | BB | 11 | 222

AAAA – represents the bank (for example, Barclays is BUKB)

BB – represents the country where the bank is located.

11 – designates location of banks main office.

222 – code for the bank branch.

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