Announcement for upcoming changes in GTC for opening, servicing and closing bank accounts of Individual clients - 25.08.2021

  • 06/25/2021
  • in force of 08/25/2021
  • Accounts

Announcement for upcoming changes in GTC for opening, servicing and closing bank accounts of Individual clients - 25.08.2021

Dear clients,


We would like to inform you that on 25.08.2021 changes in General Terms and Conditions of UniCredit Bulbank АD for Opening, Servicing and Closing Bank Accounts of Individuals and for Providing Payment Services and Instruments will take effect.
Changes concern Appendix 1 Time for execution of local and cross-border credit transfers at UniCredit Bulbank AD (from Monday to Friday)1 for the branches open on Saturday only the intrabank transfers are currently processed, as follows:


„1For the payments which the system has not blocked for verification in lists concerning compliance with the regulations and anti-money laundering and terrorism financing measures and for payments which the system has not blocked for the detection of unauthorized or fraudulent payment transactions and there is enough balance on the account.“


The current notification is in conformity with the Bank obligation as a payment service provider pursuant to Art. 62 of the Payment Services and Payment Systems Act to notify the users of payment services with a two-month notice for upcoming change in the terms of the Framework agreement.


The Bank herewith informs the payment service users that it reckons they have accepted the changes in the conditions of the Framework agreement, unless they notified the Bank otherwise before the date of entry into force of the changes. Provided that the payment service user doеs not accept the changes, the user has the right to terminate the Framework agreement and any other related contracts without any cost and charge at any time prior to the proposed date of entry into force of the changes.