Fibank Dear customers,
As of 1 March 2013 a new Ordinance No. 28 of the Bulgarian National Bank on the Information and Documents Submitted to Payment Service Providers in Executing Third Party Cross-border Transfers and Payments shall enter into force.
By this Ordinance shall be revised the information and documents to be submitted to banks when executing cross-border transfers and payments to third parties, whose equivalent is equal to or exceeds 30,000 BGN and shall be introduced mandatory completing of Declaration according to sample form under Art. 2, paragraph 1 of the Ordinance, regardless of the submitted documents evidencing the grounds and the amount of the transfer or payment. You can find the Declaration and the Instructions for its completing HERE.
The procedure for submitting the required documents at the Bank remains unchanged. When the ground falls under the hypotheses referred to in Art. 2, paragraph 2, the relevant documents must be also submitted. Item 2.3 of the Declaration is applicable only for transfer on personal account, maintenance of spouses, descendants, ascendants, brothers and sisters, in the absence of court order or other cases not mentioned in the Art. 2, paragraph 2 of the Ordinance.
As of 1 March 2013 the Declaration and the Instructions for its completing shall be provided by the bank employees in all branches. For the clients of the Virtual Bank Branch it shall be enclosed to the payment order for credit transfer in foreign currency.