Bulgarian American Credit Bank’s clients can now use the “Payment Account Transfer“ Service. This means that the Bank will transfer on behalf and at the expense of the client a payment account from another bank or payment institution to a client’s account with BACB.

The new service, offered by BACB, ensures convenience and speed for the clients. They don’t have to loose time closing their account with the other provider, or ordering balances to the account with the bank, since this is a process fully initiated and performed by BACB.

It is also not necessary to revoke the regular payment orders and the direct debit consents with the other provider and re-establishing such orders and consents with BACB. These will also be transferred by BACB. This is also valid with respect to the inbound credit transfers.

In addition, clients are offered a number of attractive products and services, provided by BACB at low fees and commissions.

You can find more information about the new service here