Foreign Currency Transfers and Express Transfers

ProCredit Bank provides full coverage and fast execution of foreign currency transfer services through its participation in:

SEPA - Single Euro Payments Area
SEPA Inst. - Single Euro Instant Payments Area
TARGET - The Bank is a direct participant in the system for executing express transfers in euros
SWIFT - Currency transfers executed via the SWIFT system utilise a world-wide correspondent network, transfers are fast and secure.

ProCredit Bank clients can make foreign currency transfers both within the country and abroad.

For foreign currency transfers, the bank requires the submission of documents in accordance with the applicable foreign exchange regulations in the country.

ProCredit Bank offers its clients transfers in the following currencies: euro, US dollar, British pound, and Swiss franc.

The SWIFT code of ProCredit Bank (Bulgaria) EAD is PRCBBGSF.

The bank's main correspondent for all currencies is ProCredit Bank AG – Germany (SWIFT code: PRCBDEFF).

ProCredit Bank adds a new convenience for customer service with the ability to make instant payments in euros.

Fast and convenient. You can send and receive payments within seconds – 24/7, 365 days a year.

Deadline for accepting express foreign currency transfers:

Final deadline for acceptance of express foreign currency transfers in EUR and in USD to be made on the same working day via Internet banking- 17:00 p.m.

Final deadline for acceptance of express foreign currency transfers in GBP to be made on the same working day via Internet banking- 12:00 p.m.

Express foreign currency transfers are processed with value date on the same business day for the correspondent bank.

The deadline for accepting regular foreign currency transfers via internet banking for same-day execution is 17:00. Regular foreign currency transfers are processed with value date (one business day) for the correspondent bank.

Additional information about foreign currency transfer fees:

The fees up to the correspondent bank are for the sender's account, and after that, they are for the recipient's account.

Foreign currency transfers in EUR to countries within the European Economic Area are executed in accordance with European directives with the SHA option. The correspondent banks involved in the transfer do not charge any commissions.

All transfer fees are for the sender's account, and the beneficiary receives the net amount originally ordered.

The beneficiary fully bears all fees related to the payment.