Customers of the Bulgarian-American Credit Bank can now order outgoing instant payments in EUR - SEPA Instant directly through BACB Online and BACB Mobile.

Instant transfers in EUR provide maximum convenience for our customers. Transfers are executed 24/7/365 and the funds arrive at the beneficiary account within 10 seconds in all banks in the European Economic Area (EEA) participating in the SCT Inst scheme of the European Payments Council (EPS).

BACB customers can send an unlimited number of SEPA Instant transfers under the following conditions: 

Individual Customers:

• Maximum amount for a single instant transfer: 5 000 EUR
• Daily limit: 5 000 EUR

Corporate Customers:

• Maximum amount for a single instant transfer: 5 000 EUR
• Daily limit: 15 000 EUR

The fee for SEPA Instant transfers is equal to the fee for standard SEPA credit transfers, according to the BACB List of Terms and Conditions applicable for Individuals and for Institutional Customers. This makes SEPA Instant service a fast, convenient and cost-effective way for everyone to make quick payments.

Sincerely,
The BACB Team