Find out about the banking system and how to open a current or savings account in Bulgaria...

Banks accounts in Bulgaria are available to both residents and non-residents and can be held in lev or euros.

How to Open a Bank Account

To open a bank account in Bulgaria the customer will need to provide proof of identity and proof of address (for example a utilities bill). They will also need to sign a contract and deposit some money in to the account. In general, a deposit of five euros or a few lev is sufficient. Accounts can be opened in either lev or euros or one of each. Both current and savings accounts are available. Interest is paid on money deposited in a savings account and may vary depending on the amount deposited and the current interest rate.