{"id":6241,"date":"2019-03-13T14:24:51","date_gmt":"2019-03-13T14:24:51","guid":{"rendered":"https:\/\/www.mi.government.bg\/?page_id=6241"},"modified":"2026-08-24T23:12:26","modified_gmt":"2026-08-24T20:12:26","slug":"prezgranichni-prevodi-i-plashtaniya","status":"publish","type":"page","link":"https:\/\/www.mi.government.bg\/en\/general\/prezgranichni-prevodi-i-plashtaniya\/","title":{"rendered":"Cross-border transfers and payments"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"color: #29588e;font-size: xx-small\"><strong><em>Updated last 18.06.2025<\/em><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><strong>What are the cross-border transfers and payments?<\/strong><\/p>\n<p style=\"text-align: justify\">A cross-border transfer is the transfer of amounts in the national or foreign currency through an executing financial institution, most often a bank, to the benefit of a client of another executing institution, in a different country. A cross-border transfer is also the transfer in a foreign currency between the executing institution of the ordering party and the executing institution of the beneficiary within the country.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong>When and how it is necessary to announce the transfers and payments towards a foreign country?<\/strong><\/p>\n<ul style=\"text-align: justify\">\n<li>When executing cross-border transfers or payments to a foreign country, amounting up to <strong>BGN 30 000<a href=\"#id1en\">*<\/a><\/strong>\u00a0(or their equivalence in another currency), the ordering party provides the payment service provider with data and documents, evidencing the reason and amount of the transaction, as well as a declaration, pursuant to the templated, attached to Ordinance No. 28 of the Bulgarian National Bank (BNB);<\/li>\n<li>The documents that need to be submitted to the payment service provider documents are listed in art. 2, para. 2 of Ordinance No. 28 of the BNB, and these depend on the purpose of the ordered transfer or payment;<\/li>\n<li>When the reason for the transfer or payment does not fall within list of art. 2, para. 2 of Ordinance No. 28 of the BNB, the ordering party must submit another document, evidencing the reason and amount of the transfer or payment.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\"><strong>When a periodic statistical declaration of money transactions to and in a foreign country is required?<\/strong><\/p>\n<ul style=\"text-align: justify\">\n<li>On a <em>quarterly basis<\/em> to the BNB the following transactions has to be reported on statistical templates:\n<ul>\n<li><strong>payments under financial loans<\/strong>, received from a foreign person (when, as at the moment of declaration, the amount of the loan amounts to at least BGN 500 000<a href=\"#id1en\">*<\/a>);<\/li>\n<li>t<strong>he operations and balances in accounts<\/strong>, opened abroad;<\/li>\n<li><strong>receivables from foreign entities under commercial credits and under another deals<\/strong> and transactions, when they are not financial credits, if the total amount of such receivables is equal to or exceeds BGN 200 000<a href=\"#id1en\">*<\/a>;<\/li>\n<li><strong>payables to foreign entities under commercial credits and under another deals<\/strong> and transactions, when they are not financial credits or debenture loans, if the total amount of such payables is equal to or exceeds BGN 200 000<a href=\"#id1en\">*<\/a>;\u00a0 \u00a0<\/li>\n<li><strong>the operations<\/strong> with foreign person, related to <strong>services, remuneration and free-of-charge<\/strong> receipts and payments;<\/li>\n<li><strong>direct investments abroad<\/strong>, with the exception of investments in real estate properties, which are reported once per annum;<\/li>\n<\/ul>\n<\/li>\n<li>On <em>an annual basis<\/em> to the BNB the following transactions are reported with statistical templates:\n<ul>\n<li><strong>payments under financial loans<\/strong>, received from a foreign person (when, at the moment of declaration, the amount of the loan is between BGN 50 000<a href=\"#id1en\">*<\/a> and BGN 500 000<a href=\"#id1en\">*<\/a>);<\/li>\n<li><strong>direct investments in real estate properties<\/strong> abroad.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr \/>\n<table style=\"width: 100%;border: 2px solid #afabab;height: 34px\" border=\"2\" cellpadding=\"8\">\n<tbody>\n<tr style=\"height: 24px\">\n<td style=\"background-color: #4f81bd;border: 1px solid #4f81bd;height: 24px\" colspan=\"2\"><em><strong><span style=\"color: #ffffff\">Important to know<\/span><\/strong><\/em><\/td>\n<\/tr>\n<tr style=\"height: 10px\">\n<td style=\"background-color: #ffffff;border: 1px solid #ffffff;width: 60px;height: 10px\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"\u0412\u0430\u0436\u043d\u043e \u0435 \u0434\u0430 \u0437\u043d\u0430\u0435\u0442\u0435\" src=\"https:\/\/www.mi.government.bg\/files\/useruploads\/images\/msp\/attention_-_important_to_know.jpg\" alt=\"\u0412\u0430\u0436\u043d\u043e \u0435 \u0434\u0430 \u0437\u043d\u0430\u0435\u0442\u0435\" width=\"50\" height=\"50\" \/><\/td>\n<td style=\"background-color: #ffffff;border: 1px solid #ffffff;height: 10px\">\n<p style=\"text-align: justify\">For a list and description of the statistical templates, necessary to be submitted to the BNB as per Ordinance No. 27, please visit the <a href=\"https:\/\/www.bnb.bg\/bnbweb\/groups\/public\/documents\/bnb_download\/au_lf_guidline_app1_bg.pdf\" target=\"_blank\" rel=\"noopener\">website of the institution<\/a>.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<table style=\"width: 100%;border: 2px solid #afabab;height: 80px\" border=\"2\" cellpadding=\"8\">\n<tbody>\n<tr style=\"height: 24px\">\n<td style=\"background-color: #4f81bd;border: 1px solid #4f81bd;height: 24px\" colspan=\"2\"><span style=\"color: #ffffff\"><strong><em>For more information<\/em><\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px\">\n<td style=\"background-color: #ffffff;border: 1px solid #ffffff;width: 60px;height: 56px\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"For more information\" src=\"https:\/\/www.mi.government.bg\/files\/useruploads\/images\/msp\/computer_-_more_information.png\" alt=\"For more information\" width=\"50\" height=\"53\" \/><\/td>\n<td style=\"background-color: #ffffff;border: 1px solid #ffffff;height: 56px\">\n<p style=\"text-align: justify\">For more information regarding cross-border transfers and payments and the related regulatory framework please refer to <a href=\"https:\/\/www.bnb.bg\/AboutUs\/AULegalFramework\/AUNationalLegalFramework\/AULFSearch\/index.htm?toLang=_EN\" target=\"_blank\" rel=\"noopener\">Ordinance No. 27 and Ordinance No. 28 on the website of the BNB<\/a>.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p style=\"text-align: justify\"><a id=\"id1en\"><\/a>[*] From 1 January 2026 onwards, the equivalent value in euros, calculated using the official exchange rate, shall apply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Updated last 18.06.2025 What are the cross-border transfers and payments? A cross-border transfer is the transfer of amounts in the national or foreign currency through an executing financial institution, most often a bank, to the benefit of a client of another executing institution, in a different country. A cross-border transfer is also the transfer in [&hellip;]<\/p>\n","protected":false},"author":150,"featured_media":0,"parent":6419,"menu_order":1000,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"tags":[],"class_list":["post-6241","page","type-page","status-publish","hentry"],"lang":"en","translations":{"en":6241,"bg":6240},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/pages\/6241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/users\/150"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/comments?post=6241"}],"version-history":[{"count":0,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/pages\/6241\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/pages\/6419"}],"wp:attachment":[{"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/media?parent=6241"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mi.government.bg\/rest\/wp\/v2\/tags?post=6241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}