UNITED BULGARIAN BANK API EULA

Please read this License Agreement ("Agreement") carefully before clicking the "I Accept the Terms & Conditions" button.

By clicking the "I Accept the Terms & Conditions" button, you are agreeing to be bound by the terms and conditions of this Agreement to use the APIs in the Sandbox.

If you do not agree to the terms of this Agreement, do not click on the "I Accept the Terms & Conditions" button and do not add the API to the list of APIs your application will access.

1. Definitions

When used in this Agreement with the initial letters capitalized, in addition to the terms defined elsewhere in this Agreement, the following terms have the following meanings:

∙ API means the UNITED BULGARIAN BANK’S (UBB) application programming interface;

∙ Intellectual Property Rights means all patents, copyright and related rights, trademarks, logo, service marks, trade, design rights, business and domain names, rights in trade dress or get-up, rights in goodwill or to sue for passing off, rights in designs, database rights, rights in confidential information (including know-how and trade secrets) and any other intellectual property rights, in each case whether registered or unregistered and including all applications for, and renewals or extensions of, such rights, and all similar or equivalent rights or forms of protection in any part of the world.

∙ Sandbox is the software testing environment that enables the isolated execution of software or programs for independent evaluation, monitoring or testing. 

2. License

UBB grants you a limited,  non-transferable, non-exclusive, as-is, non sub licensable license

to use the API for the sole purpose of developing and testing your applications.

3. Restrictions

You shall not- 

∙ change or delete any copyright, trademark, tradename or other proprietary notices, legends, symbols, or labels appearing on or in the API;

∙ Disclose, share  or divulge any of the API specifications to any third party;

∙ Represent in any way that your application is approved, recommended or endorsed by us;

∙ Disable, or by pass any security protocols or measures or technical limitations of the APIs; 

∙ Modify, decompile, reverse engineer or otherwise alter the APIs;

∙ Participate or engage in any activity which restricts, hinders, impedes, interrupts or harms the API in any way or permits unauthorised access to the API;

∙ Use the API and the content thereon for any purpose other than those expressly permitted by these Terms of Use

UBB reserves the right to modify, suspend or discontinue, temporarily or permanently, the APIs, with or without notice and without liability to you.

4. Intellectual Property

Intellectual Property Rights 

4.1 We retain all Intellectual Property Rights with respect to UBB API’s,  including content and documentation and these may not be copied, transmitted or reproduced without our  prior consent. All Intellectual Property Rights and other rights in connection with the Portal  (including without limitation, information, graphics, software, text, sounds, images, trade marks, service marks, trade names and logos) are vested in us or our licensors.   You agree that you shall not obtain any Intellectual Property Rights, title or interest in the Portal other than in accordance with these Terms of Use.

4.2  You undertake not to do anything which would bring UBB or any of it trademarks, trade names, logos, or branding into disrepute or harm the reputation and goodwill of UBB.

4.3 You acknowledge and agree that we may independently develop or create applications, content or other services or products that may be similar to and/or compete with your applications and nothing in these Terms of Use shall prevent us from exploiting any such commercial opportunities.

5. Term and Termination

This Agreement shall remain in effect until terminated by you or UBB. 

UBB may, in its sole discretion, at any time and for any or no reason, suspend or terminate this Agreement with or without prior notice.

This Agreement will terminate immediately, without prior notice from UBB, in the event that you fail to comply with any provision of this Agreement. You may also terminate this Agreement by deleting the Application on our API.

Upon termination of this Agreement, you shall cease all use of the APIs on the Sandbox.

6. Severability

If any provision of this Agreement is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

7. Amendments to this Agreement

UBB reserves the right, at its sole discretion, to modify or replace this Agreement at any time. What constitutes a material change will be determined at our sole discretion.

8. Applicable law and jurisdiction

The provisions of the Bulgarian law shall apply to this Agreement. Disputes betwen UBB and you related to, or arising from this Agreement shall, unless settled amicably between UBB and you, be brought for resolution before the competent Bulgarian court in Sofia, Bulgaria.

Increase in credit card limit and calculation of credit installments due under loans are part of the new functionalities of UBB Mobile

UBB is intensely digitizing its products in favour of customers, saving them visits to a bank branch.

The number of UBB Mobile users has increased by more than 30% since the beginning of the year.

United Bulgarian Bank presented new functionalities in UBB Mobile’s mobile banking including an increase of a pre-approved credit card limit for individuals, a credit calculator, sending feedback. The increase of the credit card limit is performed entirely digitally in real-time mode via the mobile application and it does not require a visit to a branch of the bank, and the customer may utilize the updated loan parameters straightaway. Everything takes place in the updated menu of the mobile application, where customers may find offers specially tailored to their needs or they can quickly and conveniently perform basic active and passive banking operations. The other new functionality they can find in the Requests menu, Credit Calculator, allows them to calculate the installment due for a loan amount they specify. The choice of term and amount can be conveniently changed by moving the slider on the screen, and manual entry is also possible.

One of the new convenient features is the possibility to scan a whole document, as long as it is in PDF format. The customer can share the document with UBB Mobile, scan the IBAN, the amount and the reason, and use the scanned information to make a transfer in BGN. Sending feedback to UBB Mobile has also been added to facilitate users. By sending a message to UBB via UBB Mobile, they can send their opinions and recommendations containing up to 4000 characters. In the mobile application, the Contact Centre connection is displayed in a more prominent and easily accessible location in the More menu.

Almost 20% of the mobile banking users mention that they use it on a daily basis, and the number of UBB Mobile users has increased by more than 30% since the beginning of the year. “The statistics implies the trend for users to seek and use services completely online and on the go. Thus, we have decided not only to follow the trends, but also to initiate such. There are other upcoming innovations in UBB Mobile by the end of the year, which will make the consumer experience entirely digital for basic banking operations”, explained Peter Andronov, Chief Executive Officer of UBB. “Our surveys show that 59% of the mobile banking users pay their utility bills using it, and nearly half of them effect account transactions and pay taxes via their mobile device. We truly believe that the mobile banking has greater untapped potential for fully digital active operations, as long as the consumers are provided with those possibilities. Only then the banks will remain competitive and up-to-date among the rapidly digitizing services of any kind”, he added.

UBB Mobile is a specially designed application for mobile phones or tablets, intended to perform basic banking operations by individuals or companies, as well as to provide general bank information. In the beginning of April UBB announced the new functionality of the mobile banking - multibanking, for the first time in Bulgaria. This innovation enables the Bank’s clients to monitor their accounts’ info, disposable balance, account movements and transaction details with other four banks. A necessary condition for adding a new account is for it to have IBAN number and to be accessible online. In May, UBB Mobile was awarded “Product of the year” in the “Mobile Banking Services” category.