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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

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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

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Fees and terms

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Exchange rates

Exchange rates

as of 09/04/2020 17:02:23

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
1.83035
1.82735
Buying rate
1.74835
1.75135
BNB fixing
1.79979
Cash payment
Non-cash payment
Selling rate
2.29196
2.28696
Buying rate
2.16696
2.17096
BNB fixing
2.23358
Cash payment
Non-cash payment
Selling rate
1.89491
1.88991
Buying rate
1.80891
1.81391
BNB fixing
1.85246
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.

Send Request

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Send Request

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.