Bank Guarantees Limit for micro companies

Exchange rates

as of 27/03/2023 17:00:09

Cash payment

Non-cash payment

Selling rate

1.96100

1.96000

Buying rate

1.94800

1.94900

BNB fixing

1.95583

Cash payment

Non-cash payment

Selling rate

1.85500

1.85200

Buying rate

1.77100

1.77200

BNB fixing

1.81549

Cash payment

Non-cash payment

Selling rate

2.28900

2.28400

Buying rate

2.16400

2.16800

BNB fixing

2.22714

Cash payment

Non-cash payment

Selling rate

2.02100

2.01900

Buying rate

1.92700

1.92900

BNB fixing

1.98059

Advantages

Issuance of one or more bank guarantees within the approved limit and period, without a re-assessment
Long period
Option for financing without collateral
Price discounts upon utilization of other services

Parameters

Loan Purpose	To secure an unconditional commitment on the part of the Bank under bank guarantees issued by it upon your instruction, in favour of your supplier or client, state or municipal institution, or another bank
Currency	BGN, EUR, USD For COSME, COSME COVID guarantee - BGN and EUR
Minimum amount	BGN 1 000/ EUR 1 000 /USD 1 000
Maximum amount with COSME guarantee	BGN 150 000
Maximum amount with collateral	BGN 500 000
Limit period	Up to 60 months
Guarantee validity period	Up to 27 months
Collateral Types	Guarantee under the COSME, COSME COVID Programme* Mortgage on a real estate Cash funds
Fees	As per the Fees and Commissions’ Tariff for Business Clients

*This guarantee has been provided by COSME and the European fund for Strategic Investments (EFSI), established by virtue of the Investment Plan for Europe. The aim of EFSI is to support the financing and the applying of productive investments in the European Union, as well as to ensure the growth of access to financing.

Required Documents

Loan Application and Declaration of Relatedness with other entities as per a sample format of the Bank
Balance Sheet, Income Statement and a Tax Return of the applicant for the last 2 years
Current financial statements
Balance Sheet, Income Statement, report on the average staff number for the last year of the related parties as per the SME Act (in case of COSME guarantee)
Copies of the ID cards of the company’s representative - borrower/co-debtor/pledgors/mortgagors;
Decision of competent authority of the borrower, company co-borrower / collateral owner to conclude the loan agreement
Document, ascertaining the collaterals’ ownership

Print list

Useful documents

Fees and commissions tariff of United Bulgarian Bank applicable to business clients RIR for loans to business clients - calculation and values General terms of UBB AD on payment services for business clients

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For companies with annual turnover up to 1 mln BGN

For companies with annual turnover above 1 mln BGN

For agri producters

For freelancers with annual turnover below 1 mln BGN

Number of employees:

Region:

Activity sector:

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Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Advantages

Parameters

Required Documents

Send Request

Book a Video Meeting

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates