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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

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Contact us

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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Offices and ATMs

Offices and ATMs

Choose the most convenient office or ATM for you

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 21/10/2020 10:54:25

Cash payment
Non-cash payment
Selling rate
1.96000
1.95900
Buying rate
1.94850
1.95000
BNB fixing
1.95583
Cash payment
Non-cash payment
Selling rate
1.68420
1.67920
Buying rate
1.61480
1.61980
BNB fixing
1.65608
Cash payment
Non-cash payment
Selling rate
2.17760
2.17260
Buying rate
2.10250
2.10750
BNB fixing
2.14152
Cash payment
Non-cash payment
Selling rate
1.85710
1.85210
Buying rate
1.78420
1.78920
BNB fixing
1.82379
БГ
Bank Guarantees

Bank Guarantees

UBB issues and advises bank guarantees in local and foreign currency for secure good performance and mitigate risks. A bank guarantee is being issued upon your instruction and is an unconditional and irrevocable commitment on the part of UBB.

Advantages

  • Protection against non-performance or non-payment under trade deals
  • An evidence of the business partners’ financial stability and reliability
  • A counter guarantee by UBB may serve as collateral for issuance of a bank guarantee on your behalf by a trusted bank in the country of your foreign partner
  • The bank guarantee may include a text, proposed by you

Terms and Conditions

  • Secures the performance of obligation for payment, delivery as well as other undertaken commitments in your trade relations
  • A document, separate from the main trade contract
  • The bank guarantee is not means of payment and differs from a trade contract
  • Its issuance requires ensured collateral - cash funds or a credit limit.

UBB advises bank guarantees, issued by other banks in local and foreign currency, on paper or via SWIFT, in your favour as either a client or non-client of UBB.

Types

  • Performance Bond – secures the performance of obligations under contractual relations
  • Payment Bond – secures contractual payments /proforma invoice/ order (contract for delivery, rental etc.)
  • Advance Payment Bond – secures a made advance payment under a contract;
  • Tender Bond – secures the eventual withdrawal of a proposal by a bidder or a chosen contractor’s failure to conclude a contract
  • Warranty Bond - a guarantee for retained cash funds.
  • Customs Bond
  • Bank Guarantee to the ASSOCIATION OF BULGARIAN ENTERPRISES FOR INTERNATIONAL TRANSPORT AND ROADS – /AEBTRI/
  • Financial Stability Bond
  • Bank Loan Guarantee
  • Other bank guarantee types – according to clients’ specific needs.

Send Request

Apply online now and get feedback from an UBB expert.

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.

Bondholders’ trustee

If you issue bonds we can offer you services, relating to a trustee bank’s obligations to bondholders

Mergers & Acquisitions

Thorough consultation during the process of corporate sales, mergers, acquisitions, as well as financial restructuring and assessment of companies.

Cargo Insurance

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