Free directory of all 70 correspondent bank SWIFT/BIC codes registered in BULGARIA. Click any bank to view its full record and track an international SWIFT payment routed through it.
Bulgaria's RINGS RTGS processes BGN, which is fixed to the EUR under a currency board arrangement, effectively making EUR/BGN conversions risk-free. UniCredit Bulbank, DSK Bank (OTP), and Postbank dominate the domestic market. Bulgaria is a candidate for Eurozone accession, and its fixed peg means that EUR payments routed through Bulgaria carry no exchange-rate risk — an advantage for Balkan trade and remittance flows.
| RTGS / Settlement System | RINGS (Real-time Interbank Gross-settlement System) |
|---|---|
| Currency | BGN — Bulgarian Lev (pegged to EUR at 1.95583) |
| Central Bank | Bulgarian National Bank (BNB) |
| Typical SWIFT Timing | Same day (RINGS/SEPA-aligned); 1–2 days (international) |
Most international SWIFT wires arrive in Bulgaria within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Bulgaria processes large-value interbank settlements through RINGS. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is BGN — Bulgarian Lev. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 70