How do I get a bank account number in Bulgaria?

  1. Preparation of required documents:
  • Passport or identity card: Photo ID.
  • Tax Identification Number (EGN or BULSTAT): If you are a resident or doing business.
  • Confirmation of address of residence: This can be a utility bill, rental agreement or other document confirming the address.
  • Documents proving employment or business: In the case of a business account.
  1. Visit to a bank branch
    Go to the bank branch of your choice. Some banks may offer the option to open an account online, but in many cases a personal visit will be required, especially for foreigners.
  2. Filling out the application
    Fill out the bank account application form. The bank may also require you to sign some additional documents, such as a consent to process personal data or a banking services agreement.
  3. Initial deposit
    Depending on the bank, a minimum initial deposit may be required to open an account. This amount may vary depending on the type of account and bank.
  4. Verification and account activation
    Once you have submitted your application and required documents, the bank will proceed to verify your information. This process can take from a few hours to a few days. After successful verification, you will receive your bank account number (IBAN) and debit card, if ordered.
  5. Access to online and mobile banking
    Most banks offer online and mobile banking services. Once your account is activated, the bank will provide you with access to these services, allowing you to manage your account online.
  6. Signing the contract
    The final step is to sign a contract with the bank. Make sure you understand all the terms of the contract, including account fees, international transactions, ATM withdrawals and other services.