Open a Bank Account in Bulgaria — Personal & Corporate Accounts for Foreigners
Bulgaria offers one of the most stable and well-capitalised banking systems in Europe — an excellent choice for individuals and businesses seeking a secure, EU-compliant financial base. With a flat 10% corporate and personal income tax — the lowest in the EU — Bulgaria is an increasingly attractive jurisdiction for entrepreneurs and international investors.
Why Choose a Bulgarian Bank?
Bulgarian banks maintain capital buffers that significantly exceed EU minimum requirements, ensuring strong depositor protection. As a full SEPA member, Bulgaria enables fast, low-cost euro transfers across the EU, while the Bulgarian Lev remains pegged to the Euro at a fixed rate.
Can Foreigners Open a Bank Account in Bulgaria?
Yes — both personal and corporate accounts are available to non-residents. However, the process is thorough. Banks conduct detailed KYC (Know Your Customer) checks on all foreign applicants, requiring certified documents and compliance declarations. The review typically takes a minimum of 10 business days, and most banks charge a due diligence fee.
Account Features
- Multiple currencies: EUR, USD, GBP and more
- Full internet and mobile banking
- International debit/credit cards
- Suitable for business operations, payroll, real estate, and more
How We Help
With over 22 years of experience, we have established strong relationships with leading Bulgarian banks and know exactly what each institution requires from foreign clients. We offer two options:
In-Person Assistance — We guide you through every step, from document preparation to account activation.
Remote Account Opening — Through our partner banks, we offer one of the few authorised remote account opening services in Bulgaria. Using a notarised power of attorney legalised at a Bulgarian embassy in your country, you can receive a corporate account, company card, and online banking — all without travelling to Bulgaria. A personal account and card can be added under the same arrangement.
For the fastest setup, consider our Ready-Made Company package — a pre-registered Bulgarian company that significantly accelerates bank approval.
Service Fee: from €200
Contact NBS today to find the best banking solution for your needs.