Choose segment

For companies with annual turnover up to 1 mln BGN

For companies with annual turnover above 1 mln BGN

For agri producters

Number of employees:

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Contact us

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0700 117 17

Domestic line

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*7171

Short number for mobile users

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+3592 483 1717

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Online/Mobile Online/Mobile

Online/Mobile

Online/Mobile

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Fees and terms

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Exchange rates

Exchange rates

as of 30/03/2020 13:06:56

Cash payment
Non-cash payment
Selling rate
1.95583
1.95900
Buying rate
1.94850
1.95000
BNB fixing
1.95583
Cash payment
Non-cash payment
Selling rate
1.79880
1.79380
Buying rate
1.72920
1.73420
BNB fixing
1.78175
Cash payment
Non-cash payment
Selling rate
2.22220
2.21720
Buying rate
2.14700
2.15200
BNB fixing
2.17937
Cash payment
Non-cash payment
Selling rate
1.88150
1.87650
Buying rate
1.80810
1.81310
BNB fixing
1.84844
БГ

Import Letter of Credit

The Import Letter of Credit is an irrevocable commitment on the part of UBB for payment of pre-agreed amounts to a supplier of yours upon presentation of particular documents. 

Advantages

  • Guarantee that the bank is going to pay the value of the goods upon fulfillment of the L/C’s terms and conditions
  • Certainty that the seller will employ his/her/its best efforts to fulfill the L/C terms and conditions in order to receive the payment
  • Clear deadlines, corresponding to the trade contract terms
  • Guaranteed application of uniform international standards for documentary Letters of Credit
  • Option for using the L/C as an instrument for financing the seller under the transaction, in case of deferred payment
  • A prepayment under an L/C may cover a supplier’s needs of financial resource over the deferred payment period
  • We can consult you upon structuring of particular transactions
  • Lower expenses and faster trade deal processes thanks to our wide network of correspondent banks
    This L/C type is being issued by UBB upon your instruction in your capacity as a client of ours in line with a commercial transaction.

Parameters

  • Ensured collateral - cash funds or a credit limit

Send Request

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Send Request

Book a Video Meeting

If you would like a consultancy with our expert regarding information on financial products or services, please follow the link below.

Import Documentary Collection

UBB processes (advises) your trade and financial documents for import of goods, received from the bank of your business partner-exporter.

Cargo Insurance

Cargo Insurance through UBB Insurance Broker is an efficient way to spend your time and insurance-related funds

Products For Large Corporate Clients

Aimed to finance large-scale projects through the entire product range of UBB. Applicable to implementation of large and key investment projects.