Instant payments Blink
UniCredit Bulbank now offers the opportunity to send and receive instant payments in BGN through the Blink program of the National Card and Payment Scheme (NCPS), part of BORICA AD.
Advantages of the instant payments Blink
- Fast these interbank payments are executed within 10 seconds
- Accessibility at any time around the clock, 365 days a year, even on holidays and weekends
- Convenience the instant payments are made easily and conveniently through the digital channels of the bank – online and mobile banking
Key features of the Blink instant payments
If a transfer meets the criteria for Blink instant payments, it will be executed by the bank immediately, by default, without the need for additional customer action.
- Payment channels Bulbank Online and Bulbank Mobile
- Type of transfer credit transfer Blink in BGN
- Type of transfer from/to an account to another payment service provider in Bulgaria*
- Clients individuals and business clients
- Currency Leva (BGN)
- Limit up to BGN 30 000** through Bulbank Online and up to BGN 20 000 through Bulbank Mobile
- Fee identical of the fee for standard transaction in BGN, in accordance to the Tariff for fees and commissions of UniCredit Bulbank AD***
- How does it work? Blink is a default payment type in Bulbank Online when ordering a new interbank transaction of funds in BGN. In case a transaction cannot be processed instantly, the sender is informed through a notification directly in his online banking and by email. In order to reinitiate the operation, the client should order the transaction again as instant or replace the payment type to Bisera 6
In order for the functionality to be accessible in your Bulbank Mobile, you should update the application to the latest version available in the Play Store for Android, App Store for iOS and AppGallery for Huawei.
*Instant payments in BGN under the Blink program of the National Card and Payment Scheme, part of BORICA AD, will be possible only between payment service providers that have joined and participate in the program. A list of currently included PSPs can be found here.
**The exact amount on the threshold is BGN 29 337.46.
***The execution of instant payments in BGN under the Blink program is in accordance with the current Tariff for fees and commissions of UniCredit Bulbank AD for opening, servicing and closing bank accounts and"Business Leader" package program of legal entities and sole traders and for providing payment services, available on the bank's website.
Blink instant payments are not applicable to package, recurring and mass transfers, direct debits, as well as budget transfers.