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:

Activity sector:

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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

International line

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Offices and ATMs

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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 17/01/2020 16:28:22

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
1.80410
1.80110
Buying rate
1.72210
1.72510
BNB fixing
1.76074
Cash payment
Non-cash payment
Selling rate
2.35841
2.35341
Buying rate
2.23341
2.23741
BNB fixing
2.29814
Cash payment
Non-cash payment
Selling rate
1.86481
1.85981
Buying rate
1.77881
1.78381
BNB fixing
1.82175
БГ
Export Documentary Collection

Export Documentary Collection

UBB handles your export documents according to your written instructions and send them to the buyer’s bank.

Advantages

  • Lower expenses for banking
  • For extra protection purposes, namely that the goods will not be released until payment of the amount under the documents, the documentary set may also include a Bill of Lading
  • Provides the payer with greater security than the settlement through a fund transfer in foreign currency
  • Transaction-related documents will be released only after payment of the amount under those
  • Good solution for trade partners with already established relations and trusting each other
  • This service is supported by the Uniform Rules for Collections – publication № 522 of the International Chamber of Commerce (ICC), Paris.

How does it work?

  • As an exporter you ship goods, for which you prepare a set of commodity disposal documents. These documents, accompanied with collection instructions, are being submitted with UBB for handling and then sent to your partner’s bank
  • While following your instructions we send the documents to the collecting bank for their subsequent processing and delivery to the buyer
  • Depending on the instructions, the collecting bank will deliver the documents to the payer after payment of the value under those, against acceptance / written commitment for payment on the maturity date, or without payment
  • The Bank does commit to pay the exporter. The payment depends on the buyer’s willingness to acquire ownership of the goods and on his/her/its solvency.

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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.

Cargo Insurance

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

Import Documentary Collection

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

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.