EU Member

Bulgaria

Bank Account Opening • Payment Institutions • Account for Foreign Company • Personal Account

Banking in Bulgaria

Fast and cost-effective banking in the EU

Bulgaria offers one of the most accessible banking environments in the EU with competitive fees and straightforward procedures.

The country's low operational costs and EU membership make it an attractive option for businesses looking for cost-effective European banking.

Key advantages:

  • Low banking fees and operational costs
  • Fast account opening process
  • SEPA membership
  • Multi-currency accounts (BGN, EUR, USD)
  • EU regulatory framework

Minimum Requirements

What you need to open an account

For Local Company

  • 1 personal visit of director to Bulgaria
  • Registered office address
  • Completed beneficial owners registry
  • Basic business description

For Foreign Company

  • Registry extract with Apostille (max 3 months old)
  • Sworn translation to Bulgarian
  • May open remotely for some banks
  • Planned annual turnover over €300,000

For Individuals

  • Personal visit to Sofia
  • Bulgarian phone number
  • Local address registration
  • Proof of income source

Account Opening Process

The process takes place in two stages

1

Document Collection

We help prepare all required documents, translations and apostilles. Average time: 1 week.

2

Submission & Opening

Submit documents to the bank, pass compliance check. Account opening within 3-5 business days.

Ready to Open a Bank Account in Bulgaria?

Cost-effective EU banking with fast account opening