media pic

The bank executes intrabank and interbank transfers  in BGN by orders of its clients.

  • Intrabank transfers: They are executed on the day on which they are ordered /within the working hours of the  the bank/
  • Interbank transfers: They are executed via the national BISERA and RINGS systems for payments

Transfers through BISERA

Terms for acceptance and execution of credit transfers to non budget accounts:

  • Payment orders received before 3 p.m. at the offices of the bank are executed on the same working day
  • Payment orders received after 3 p.m., at the offices of the bank are executed on the next working day
  • Payments orders received before 5.45 p.m. through Virtual bank are executed on the same working day

Terms for acceptance and execution of payments to budget accounts:

  • Payment orders to budget accounts, received before 3 p.m. are executed on the same working day

  • Payment orders to budget accounts, received after 3 p.m., are executed as per the table below  and  the amounts are credited to the beneficiary’s account on the next working day

  • If the order is received on a non-working day of the bank, it is considered as received on the first next working day for the bank

Time table for execution of transfers through BISERA:

  • Transfers through Virtual bank::
Order a transfer

Receipt at 10 a.m. Receipt at  1.30 p.m. Receipt at 4 p.m. Receipt at 10 a.m. 
next working day
by 9 a.m X
9 a.m. to 12 a.m. X
12 a.m. to 3 p.m. X
after 3 p.m. X
  • Transfers deposited at a bank counter:
Order a transfer Receipt at 1.30 p.m Receipt at  4 p.m. Receipt at 10 a.m. 
next  working day
Receipt at 1.30 p.m. 
next working day
by 11 a.m X
2 p.m. to 4 p.m. X
2 p.m. to 4 p.m. X
after 4 p.m. X

Transfers through RINGS

  • Executed in real time within 1 hour after the moment of acceptance of the payment order
  • Executed depending on there quest of the client without limits to the amount  and an explicit instruction for execution of payment through RINGS
  • Executions through RINGS areo bligatory for all payment equal to or over BGN 100.000

Terms for acceptance and execution:

  • Payment orders received before 3 PM are executed on the same working day
  • Payment orders received after 3 PM are executed on the next working day
  • If the order is received on a non-working day of the bank, it is considered as received on the first next working day for the bank