Payments

0700 1 58 85
02/93 00 181 - phone number for 24/7 contact with the bank's cardholders
02/93 00 181
phone number for 24/7 contact with the bank's cardholders
Exchange Rates
26.1.2026
Buy Sell ECB
Fixed Rate
BGN 1.95583 1.95583 1.95583
USD 1.15660 1.21660 1.17420
CHF 0.88675 0.95675 0.92770
GBP 0.82833 0.90833 0.86810
All exchange rates

Foreign currency and EUR payments

• Credit transfer in the Single Euro Payments Area (SEPA)

a) Standard credit transfer to payment service providers in the Single Euro Payments Area (SEPA) – on the same business day, if the payment documents are received in the Bank by 20:00.

b) Express credit transfer to payment service providers in the Single Euro Payments Area (SEPA), if the payment documents are received in the Bank by 15:00 – on the same business day.

c) Instant transfer in Euro BLINK (SEPA INST) - 24 hours, every calendar day of the year. Crediting the creditor`s account within seconds after initiating the payment.

 • Credit transfer outside the Single Euro Payments Area (SEPA)

d) Standard credit transfer to payment service providers outside the Single Euro Payments Area (SEPA area), received in the Bank by 3:00 p.m. – on the next business day.

e) Express credit transfer to payment service providers outside the Single Euro Payments Area (SEPA area), received at the Bank by 3:00 p.m. – on the same business day

• To execute a credit transfer in foreign currency, the bank accepts payment documents (transfer orders) on paper or submitted through the “Online Banking” or the „Mobile Banking” service, registering them in the accounting system in the order of their receipt with an indication of the reference number, date, hour and minute. When payment documents have been received by the bank by 3:00 p.m. and they do not indicate an execution date, the transfer orders are executed by the bank depending on the client’s wishes, the type of currency and the applicable payment system, as follows:

  1. with a value date no later than the next business day - for transfers ordered in euro on the territory of the European Economic Area;
  2. with a current value date - for express transfers, executed at the Bank’s discretion and if possible, for which an additional fee is charged in accordance with the bank’s Tariff for the conditions, interests, fees and commissions;
  3. with a value date within two banking business days from the date of their receipt - for transfers that are not ordered in accordance with items 1 and 2.

Payment documents received after the specified time are considered received on the next business day.

For the execution of transfer orders in EUR or foreign currency, the client pays fees and commissions according to the current Tariff for the conditions, interests, fees and commissions that Municipalbank AD applies to its operations.

 

Payment Services Offered by the Bank

Until 31 December 2025

From 1 January 2026

Credit transfer

Credit transfer

Cash transfer

Cash transfer

Direct debit

Service terminated

Standing orders

Standing orders

Budget transfers

Budget transfers

Payment Systems for the Execution of Payment Services

Until 31 December 2025

From 1 January 2026

BISERA6 – credit and budget transfers in BGN

The service will be terminated

BISERA6 BLINK - instant transfers in BGN

The service will be terminated

RINGS - real-time gross settlement system in Bulgaria in BGN

The service will be terminated

BISERA – standard credit transfers in euro to PSPs* in the country, reachable via BISERA

BISERA - standard credit transfers in euro to PSPs* in the country, reachable via BISERA

STEP2 - standard credit transfers in euro to PSP* in the country and the EEA

STEP2 - standard credit transfers in euro to PSP* in the country and the EEA

SEPA INST/TIPS - instant transfers in euro to PSP* in the country and the EEA

SEPA INST/TIPS – instant transfers in euro to PSP* in the country and the EEA

TARGET2 - express transfers in euro to PSP* in the country and the EEA

TARGET2 - express transfers in euro to PSP* in the country and the EEA

PSP – banks and other payment service providers

Note: Municipal Bank AD executes the listed transfers by taking into account the participation (reachability) of the recipient’s PSP in the respective systems, including when processing instant euro transfers.

Documentary operations

  • For IMPORT purposes
    • Documentary letters of credit – issued on the basis of flexible credit lines or against blocked cash. They provide security and stability in foreign trade;
    • Documentary collections – an economical and relatively secure foreign trade instrument;
    • All types of bank guarantees secured by an analogue of a credit transaction, but requiring a lower commission. They serve as a tool for securing various obligations in foreign trade.
  • For EXPORT purposes
    • Documentary letters of credit – notification, consultation, preliminary document review, in order to prevent losses from minor document discrepancies;
    • Documentary collections – an economical and relatively secure foreign trade instrument;
    • Notification of bank guarantees securing various obligations in foreign trade – consultation and assistance in submitting a claim for payment.

Documentary collection

Municipal Bank AD accepts and processes collection documents related to the export of goods, as well as documents received for collection for import of goods and services.

Collection operations are recommended for customers with long-term business relationships and established trust. Banks are not responsible and have no commitment to pay when this form of payment is used.

Documentary collection does not cover commercial and political risk, or the risk of non-payment.

Main types of documentary collections:

  • against payment of documents;
  • against acceptance of drafts.

Documentary letter of credit

Unlike the documentary collection, the documentary letter of credit is a bank's commitment to pay the buyer a certain amount for the delivery of goods or the performance of a service upon the fulfillment of certain conditions (submission of documents).

This form of payment is mainly used in cases where:

  • the buyer and seller do not have a long-standing business relationship;
  • there is political and economic instability in the buyer's country;
  • the buyer/seller has an arrangement with their servicing bank for specific financing.

Municipal Bank AD has a qualified team that offers consultation even before the conclusion of the commercial agreement for the purpose of providing maximum protection and negotiation of favorable conditions for the client, as well as consultations for drafting various documents. The bank offers preliminary review of documents, as well as discounting of documents under a letter of credit subject to compliance with certain requirements.

Bank guarantees

Bank guarantees are most often issued to guarantee the fulfillment of contractual obligations in terms of good performance or payment, but they can also be used to guarantee any other contractual obligations.

The main types of bank guarantees issued by Municipal Bank AD are:

  • Performance guarantee;
  • Payment guarantee;
  • Advance payment guarantee;
  • Guarantee for tender participation;
  • Guarantee for warranty obligations;
  • Guarantee to the Association of Bulgarian Enterprises for International Road Transport and the Roads - AEBTRI;
  • Financial stability confirmation guarantee;
  • Guarantee for securing a bank loan;
  • Rental payments guarantee;
  • Others depending on the specifics of the trade relationship.

A bank guarantee is a type of credit transaction.

Municipal Bank issues guarantees via SWIFT and in the form of an official letter, in English and Bulgarian.

The bank offers consultations and provides sample texts for various types of guarantees.