What do I need to open a bank account in Bulgaria?

Requirements vary by bank. Typically you need ID, proof of address, and sometimes proof of income. See our Open bank account as foreigner page for Bulgaria for details.

What are typical ATM fees in Bulgaria?

ATM fees depend on your bank and the ATM operator. Compare banks and see our ATM fees guide for Bulgaria for tips.

Best Banks for Expats in Bulgaria

Banks in Bulgaria that often suit expats: multi-currency accounts, international transfers, and account opening for non-residents.

Bank	HQ
DSK Bank	Bulgaria	View profile
Emirates NBD	United Arab Emirates	View profile
ING Group	Netherlands	View profile
UniCredit Bulbank	Bulgaria	View profile
United Bulgarian Bank	Bulgaria	View profile

All banks in Bulgaria · Open account as foreigner

Criteria for Expat-Friendly Banks in Bulgaria

Banks that are well-suited for expats in Bulgaria typically offer:

Multi-Currency Accounts: Hold and manage multiple currencies in a single account, making it easier to receive money from abroad and manage international finances.
International Transfers: Competitive exchange rates and lower fees for sending and receiving money internationally compared to traditional methods.
Account Opening for Non-Residents: Simplified requirements and processes for opening accounts as a non-resident or expat.
English-Language Support: Customer service and online banking interfaces available in English or other common languages.
Global ATM Access: Extensive ATM networks or partnerships that allow fee-free or low-fee cash withdrawals worldwide.
Online and Mobile Banking: Robust digital banking platforms that allow you to manage your account from anywhere.

Money Transfer Tips for Expats

When transferring money to or from Bulgaria:

Compare exchange rates and fees across different banks and money transfer services to find the best deal.
Consider using specialized money transfer services (like Wise, Revolut, or similar) for better rates on international transfers.
Set up standing orders or recurring transfers if you regularly send money to the same recipient to save time and potentially reduce fees.
Keep records of all international transfers for tax and accounting purposes.

More Banking Information for Bulgaria

Country Overview All Banks For Students For Tourists Open Account Guide ATM Fees

Sources & disclaimer

Independent information page. We are not affiliated with any bank or financial institution. All trademarks belong to their respective owners. Information is compiled from official bank websites and public sources. Requirements and fees change; always confirm on the bank's site. For information only; not financial, legal, or tax advice.

Last updated: March 29, 2026 · Full disclaimer