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Incoming Foreign Currency Fund Transfers

You can receive payment in foreign currency on your account with First Investment Bank. Fibank maintains correspondent relations with over 600 banks around the world, facilitating the receipt of fund transfers ordered by the Bank from different parts of the world.

What you need to know?

1. It is necessary to specify to the ordering party the exact bank details for your account, including:

  • Full name of Beneficiary - Your names;
  • Address;
  • IBAN at First Investment Bank;
  • Bank: FIRST INVESTMENT BANK, Bulgaria, Sofia;
  • BIC/SWIFT code: FINVBGSF

2. If you receive a transfer in foreign currency at the amount of or exceeding BGN 100 000 equivalent, you shall complete and submit statistical form as required by the Currency Law.
3. The terms of execution are in accordance with the usual banking practice - the beneficiary's account is credited with a value date on the date of receipt of the funds on the account of Fibank or the date specified in the transfer notice, if the notice specifies a later date.

Under the provisions of the Currency Law and Ordinance № 27 of the Bulgarian National Bank for transfers received in foreign currency which BGN equivalent is equal to or exceeding BGN 100 000, statistical form shall be filled in a form approved by the Bulgarian National Bank. The statistical form should be submitted to the Bank within 30 days of notification of the receipt of the funds on the bank account. Upon failure to comply with this obligation within due time shall be applied Art. 19 of the Currency Law.

First Investment Bank maintains correspondent relationships with more than 600 banks all over the world. The large correspondent network facilitates the effecting of international fund transfers.

In addition Fibank offers to its customers a possibility to make international payment transfers in more than 120 exotic currencies.

Fibank is one of the leading banks in terms of international payments and trade financing.

Correspondent Accounts of First Investment Bank (FINVBGSF)

Country/Bank
currency SWIFT
   
Unicredit Bank Austria, Vienna EUR BKAUATWW   
   
ING Bank, Brussels EUR

BBRUBEBB010

   
Bank of Montreal, Toronto CAD BOFMCAT2
   
Industrial and Commercial Bank of China Limited, Luxembourg
CNY
ICBKLULC
   
Danske Bank AS, Copenhagen DKK DABADKKK
   
BNP Paribas, Paris EUR

BNPAFRPP

   
Bayerische Landesbank, Munich EUR BYLADEMM
Commerzbank AG, Frankfurt am Main EUR COBADEFF
Commerzbank AG, Frankfurt am Main AUD COBADEFF
   
Unicredit SpA, Milano EUR UNCRITMM
Intesa Sanpaolo, Milano, Italy
EUR BCITITMM
   
The Bank of Tokyo-Mitsubishi Ltd, Tokyo JPY BOTKJPJT
   
DnB NOR Bank ASA (formerly Den Norske Bank AS), Oslo NOK DNBANOKK
   
Citibank Europe PLC, Dublin, Ireland
RON CITIIE2X
   
OJSC Promsvyazbank, Moscow
RUB PRMSRUMM
Alfa - Bank, Moscow, Russian Federation
RUB ALFARUMM
   
Banco Bilbao Vizcaya Argentaria SA, Madrid EUR BBVAESMM
   
Danske Bank, Stockholm SEK DABASESX
   
Credit Suisse, Zuerich CHF CRESCHZZ80A
UBS AG, Zurich CHF, EUR UBSWCHZH80A
   
Lloyds Bank PLC, London GBP LOYDGB2L
Barclays Bank PLC, London GBP BARCGB22
JPMorgan Chase Bank, London EUR CHASGB2L
   
Bank of New York Mellon, New York USD IRVTUS3N
Citibank N.A., New York USD CITIUS33
JPMorgan Chase Bank NA, New York USD

CHASUS33

Tariff of Fees and Commissions (TARIFF) of First Investment Bank

Foreign Currency Fund Transfers