Whom is it suitable for?

  • Have free funds for the deposit term
  • Would like to receive funding against a cash pedge

Guaranteed Amounts

Deposit accounts are guaranteed under the conditions and up to the amount provisioned by the Law on Bank Deposit Guarantee  with the exception of:

  • Banks, when deposits are opened  on their behalf and for their own account
  • Financial institutions under art. 3 of the Law on Credit Institutions; insurance and reinsurance companies; pension insurance companies and mandatory and voluntary pension funds
  • Investment intermediaries; collective investment schemes, national investment funds, alternative investment funds and special investment purpose companies
  • Budget organizations under § 1, p. 5 of the Additional provisions of the Public Finance Act
  • Bulgarian Deposit Insurance Fund ,  Investor Compensation Fund and Guarantee Fund under art. 287 of the Insurance Code
  • Amounts in accounts  with no operations ordered by depositor in the last 24 months before date of issuance of act under Article 20, Paragraph 1 of the Law on Bank Deposit Guarantee and balance on each of them is less than BGN 20.

 

Learn more about Deposit Guarantee​​​

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