How to Open a Bank Account in Sofia, Bulgaria

It is necessary to get sufficient information about how to open a bank account in Sofia, Bulgaria. This is due to the need for daily financial transactions is an important activity that shall be done. Such as withdrawing money, making a payment, or money transfer. While these activities cannot be performed without a bank account. So that the first activity to do before dealing with that financial transaction is opening a bank account.

Read Also: How to Send Money to Bulgaria

There is much important information to receive related to open a bank account in Sofia, Bulgaria. Starting from bank selection, required documentation, up to the application steps, and the benefit. To help with this information, the following paragraphs will give a clear explanation.

Selection of Bank in Sofia, Bulgaria and Its Service

The first issue when anyone plans to open a bank account in Sofia, Bulgaria is selecting a suitable bank in this country. There are several banks to select from. However, the applicant must make sure that the selected bank offers a service according to their needs. Therefore, to ease the selection process, the following information of bank name is provided.

Raiffeisen

Raiffeisen Bank in Sofia, Bulgaria is one of the trusted banks in this country. It has many services for the customer including a saving account, a deposit account, and many more. It also has many ATMs across the country. Therefore, many locals and expatriates trust this bank as their primary saving account.

Unicredit Bulbank

Unicredit Bulbank in Sofia, Bulgaria is also one of the recommended banks. This bank offers many services including saving accounts in local currency and saving accounts in USD. That is why many expatriates prefer the bank as their account. Since it helps them easier to transfer money anywhere.

See Video How To Easily Send Money Overseas

Postbank

Another suitable selection is Postbank, which has many branches and ATMs around Bulgaria. So that in case you need to withdraw some money, it will be easy to get this activity done in fasten time. Furthermore, the bank also offers mobile banking for their customer. So that the daily financial activities can be performed very easily.

DSK

If you wish to get a trusted and reputable bank in Sofia, Bulgaria, then you need to consider DSK. This is one of the best banks in Sofia, Bulgaria that can help you to open a bank account in Sofia, Bulgaria in a fast and easy way. Therefore, if you need a new account, you can directly come to its branches. The bank will serve you immediately and provide various financial services to support your daily financial activities.

Required Documents to Open a Bank Account in Sofia, Bulgaria

Before applying for a bank account in Sofia, Bulgaria, there are several documents to provide. So that the opening bank account process can be done without any issues. Usually, the required documents consisting the following points.

• The most important thing to prepare is the passport and the VISA. Since it is a primary document to be given by expatriates or foreigners. Therefore, make sure to prepare this document accordingly.

• Other supporting documents to provide are a working permit and company recommendation. It is necessary to give evidence about your employment together with information about your current residence. For expatriates, this is the easier way to get evidence about the needed information.

• Additionally, you can also provide any documentation related to your tax number, if required.

With those documents, you will be able to start applying for a new bank account. Do not forget to make a copy of the documents, so that in case the bank requests the copies, then you can directly pass these copies to the bank officer.

Steps of Open a Bank Account in Sofia, Bulgaria

After all documentation and copies are prepared, the next important step is to attend to the bank office. Select the nearest branch of your selected bank, and manage a time to visit the bank office in the morning. The best time to come is in the early morning so that you can finish the activity before noon.

In the bank office, you will direct to fill out some forms from the bank officer. You will need to fill out these forms according to your valid data in your supporting documents. So that the validation process can be performed faster and easier. After that, passed back the forms to the bank officer along with your complete documentation. Then you have to wait until the bank officer validates the data.

Once your data is validated, you will get the new bank account along with the bank book and ATM card. You will need to put some deposits on your account for the first time so that your account can be activated. If this activity is finished, it means that your bank account is ready to use.

Download Transfez App

Transfez App can help you transfer money abroad more quickly and efficiently. Transfez Business can also help your business in making transactions abroad. For those of you who want to send money to relatives who are abroad because they are studying, working, or traveling, Transfez will be ready to help. This app is available on Android as well as iOS.

Through the information above, it shall now be clear how to open a bank account in Sofia, Bulgaria. You will also know the most suitable bank to select and what documentation to provide. So that in the end you will get a new bank account from this local bank and manage your secure daily financial transaction. With a proper way to perform any transaction, everything related to finance can be done easily.