Bulgaria - Tranglo

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Bulgaria

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in EURO (EUR).

Supported beneficiary account type – Individual only
Supported sender account type – Individual only
Transaction Turnaround Time- Real-time: 24x7 (within 15 minutes).
- If the transactions hit under partner screening, it might take maximum 48 hours to completed (Business hours)
- If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day.
- All transactions are processed via Instant SEPA (real-time), otherwise it will be rerouted to SEPA (T+0) for beneficiary banks that do not support Instant SEPA.
Area availabilityRelated countries offered under SEPA EURO
Validation / Verification· No system validation on account available.
· The account number is using IBAN account number
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per transaction EUR 999,999.00
Minimum per transaction EUR 1.00
Compliance accumulated limit EUR 45,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields.
· Beneficiary address (bAddress) must be the full address registered with the beneficiary bank.
. Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields.
· Sender and Beneficiary DOB are Mandatory Fields

· Registers of Participants in SEPA payment and payment related schemes | European Payments Council: https://www.europeanpaymentscouncil.eu/what-we-do/be-involved/register-participants/registers-participants-sepa-payment-schemes > (please refer SCT Inst and SCT)

There are list of industries that might lead the transaction screening:
· Pharmacies selling copy products without proper authority approval, incl. e-pharmacies
· Pornography industry (dating pages is as such acceptable)
· Tobacco industry
· Cannabis or other drugs in any form
· Weapons in any forms, including dual-use goods.
· Atomic power
· Extractive industries
· Precious metals and stones
· Companies selling counterfeit or infringed products
· Companies selling, storing or trading in Crypto currencies
· Binary Option Traders
· Pyramid schemes in any form
· Unregulated charities
· File sharing companies
· Shell banks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1SEPA BULGARIA PAYOUT359001

Telegraphic transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD), Euro (EUR) and Bulgarian Lev (BGN).

Supported beneficiary account type – Individual & Business
Supported sender account type – Individual & Business
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for EUR transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for BGN transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Bulgarians business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
Area availability Bulgaria nationwide
Validation / Verification No system validation on account available.
Amount received Beneficiary received net amount as specified by sender.
Transaction limit
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (EUR)EUR 45,000.00
Compliance accumulated limit per day per beneficiary (BGN)BGN 85,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or EUR or BGN).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Codes

NoNameSwiftCode
1ABV INVESTMENTS LTDABIEBGS1
2ACTIVA ASSET MANAGEMENT JSCAAMJBGS1
3ADAMANT CAPITAL PARTNERS ADADCRBGS1
4ALARIC CAPITALAAAPBGS1
5ALARIC SECURITIES OODALUDBGS2
6ALLIANZ BANK BULGARIA ADBUINBGSF
7ARCUS ASSET MANAGEMENT JSCAAAJBG21
8ASTRA ASSET MANAGEMENT JSCAAESBGS1
9AUSTRIAN BULGARIAN INVESTMENT GROUPABIGBGS1
10AVAL IN JSCAVJCBGS1
11AVC FINANCE PLCAVFIBGS1
12BALKAN ADVISORY COMPANY-IP EADBAPDBGS1
13BANK LEUMI ROMANIA-SOFIA BRANCHLUMIBGS1
14BCRA - CREDIT RATING AGENCYBCRCBGS1
15BENCHMARK FINANCEBEFNBGS1
16BIGBANK AS - BRANCH BULGARIABIGKBGSF
17BNP PARIBAS S.A.-SOFIA BRANCHBNPABGSX
18BORICA ADBSBGBGSF
19BORICA ADBSBGBGS2
20BULBROKERSSTSFBGS1
21BULBROKERS EADBUAABGS1
22BULEX INVEST PLCBUIVBG21
23BULGARIAN DEVELOPMENT BANK EADNASBBGSF
24BULGARIAN NATIONAL BANKBNBGBGSF
25BULGARIAN NATIONAL BANKBNBGBGSE
26BULGARIAN NATIONAL BANKBNBGBGSA
27BULGARIAN NATIONAL BANKBNBGBGSB
28BULGARIAN NATIONAL BANK - BGNBNBGBGSD
29BULGARIAN STOCK EXCHANGEXBULBGS1
30BULGARIAN-AMERICAN CREDIT BANKBGUSBGSF
31CAPITAL INVEST JSCCAIJBGS1
32CAPITAL MARKETS JSCCAMJBGS1
33CAPMAN ASSET MANAGEMENT JSCCPSMBGS1
34CAPMAN INC.CPNMBGS1
35CCB ASSETS MANAGEMENT EADCSMEBGS1
36CENTRAL COOPERATIVE BANK PLCCECBBGSF
37CENTRAL DEPOSITORY ADCEDPBGSF
38CITIBANK EUROPE PLC, BULGARIA BRANCCITIBGSF
39COMPASS INVEST JSCCOIJBGS1
40CONCORD ASSET MANAGEMENTCNAEBGS1
41D COMMERCE BANK ADDEMIBGSF
42DATECS PAYMENT TECHNOLOGY EADDPCDBGS2
43DE NOVO EADNODABGS1
44DELTASTOCK ADDETTBGS1
45DILINGOVA FINANSOVA KOMPANIA ADDIFKBGS1
46DSK BANK (FORMERLY STATE SAVINGS BASTSABGSF
47EASY PAYMENT SERVICES LTDEAPSBGS2
48EASYPAY ADESPYBGS1
49ECONT FINANCIAL SERVICES LTDECFEBG22
50EF ASSET MANAGEMENTAMNMBGS1
51ELANA FUND MANAGEMENTELFGBGS1
52ELANA TRADING INCELTABGS1
53EURO-FINANCE LTDEUFCBGS1
54EUROBANK BULGARIA ADBPBIBGSF
55EXPAT ASSET MANAGEMENTEAMGBGS1
56EXPAT ASSET MANAGEMENT EADXPATBGSF
57FFBH ASSET MANAGEMENTFFAMBGS1
58FH EVER INC.EEERBGS1
59FH FINA-S ADFIRYBGS1
60FIRST FINANCIAL BROKERAGE HOUSE LTDFFBHBGS1
61FIRST INVESTMENT BANK ADFINVBGSF
62FOCAL POINT INVESTMENTS JSCFPIJBGS1
63GLOBAL MARKETSGLMKBGS1
64GOLDEN LION CAPITALZLLCBGS1
65GRAND CAPITAL LTDFNEXBGS1
66ICARD ADINTFBGSF
67ING BANK NV - SOFIA BRANCHINGBBGSF
68INTERNATIONAL ASSET BANK ADIABGBGSF
69INVEST CAPITAL JSCINCJBGS1
70INVEST FUND MANAGEMENTIVFMBGS1
71INVESTBANK JSCIORTBGSF
72IP FAVORIT CLSFALSBGS1
73IP INTERCAPITAL MARKETS ADINMKBGS1
74IP INTERCAPITAL MARKETS ADINMKBGSS
75IUTEPAY BULGARIA EOODIUTEBGSF
76KAROLLKAOLBGS1
77KAROLL CAPITAL MANAGEMENTKACABGS1
78LENNO GLOBAL ADVISORY JSCBICYBGS1
79LTZ INVESTMENTS LTDLTZIBG22
80MANAGEMENT COMPANY DSK ASSET MANAGEMCDABGS1
81MK BROKERS ADDISJBGS1
82MUNICIPAL BANK ADSOMBBGSF
83MUNICIPAL BANK ASSET MANAGEMENTMUAABGS1
84MYFIN EADMYFNBGSF
85PAYMAN GROUP OODPYMNBGS2
86PAYNETICS ADPATCBGSF
87PIRAEUS BANK BULGARIAADPIRBBGSF
88PROCREDIT BANK (BULGARIA)EADPRCBBGSF
89RAIFFEISEN ASSET MANAGEMENT (BULGARIA)RAMUBGS1
90REAL FINANCE ASSET MANAGEMENTRFAABG21