Outgoing Instant transfers Blink in BGN by BACB

Payments are executed in 10 seconds, every day, 24 hours a day

As of 28 May 2024, Bulgarian-American Credit Bank launches the service for initiating outgoing instant BGN transfers Blink through the remote channels BACB Online and mobile applications for all customers - individuals and legal entities. They are carried out under the Blink Programme of the National Card and Payment Scheme, which is part of BORICA AD, and will be possible between the payment service providers participating in the programme. The outgoing instant payments in BGN Blink of BACB can be up to BGN 10 000 per transfer, without any limit for the number of ordered transfers. Initiating a Blink instant payment is easy - the user needs to select Blink option from the drop-down menu in BACB Online or mobile app. Blink payments are executed, every day, 24 hours a day, and the beneficiary account is credited within 10 seconds.

For immediate payments in BGN a fee is applied according to the List of Term and Conditions for Individuals and Institutional Customers and it is equal to the BISERA transfer fee.