Bank Guarantees

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

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.

Print list

Useful documents

Fees and commissions tariff of United Bulgarian Bank applicable to business clients General terms of UBB AD on payment services for business clients Declaration Statement Application For Issuance Of Lеtter Of Guarantee Narejdane-za-promyana-po-izdadena-bankova-garantsiya.pdf

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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:

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Advantages

Terms and Conditions

Types

Send Request

Book a Video Meeting

Bondholders’ trustee

Mergers & Acquisitions

Cargo Insurance

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Bank Guarantees

Advantages

Terms and Conditions

Types

Send Request

Book a Video Meeting

Bondholders’ trustee

Mergers & Acquisitions

Cargo Insurance

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