Bank accounts in Bulgaria
| Property | Value |
|---|---|
| The country a linked concept is active or generally relevant for. Country scope | BG (Bulgaria) |
| Local name of the national bank ID. Bank ID name | BAE codes - Banking Addressable Entity |
| The provider (national authorities in most cases) of the national bank ID. Bank ID provider | Bulgarian National Bank |
| Currency code for accounting in the given country. Currency code | BGN
|
| Maximum length of the national bank account ID. Maximum bank account ID length | 8 |
IBAN format
The International Bank Account Number (IBAN) is an internationally agreed system of identifying bank accounts across national borders. The current standard is 13616:2007, which indicates SWIFT as the formal registrar. The IBAN consists of up to 34 alphanumeric characters comprising a country code, two check digits; and the Basic Bank Account Number (BBAN).
Bulgaria uses IBANs with 22 characters and the following format: BG kk bbbb bbbb aaaaaaaaaa (2k, 4b, 4b, 10a)
k: Check digitsb: Bank codeb: Branch codea: Account number
BBAN format
The Basic Bank Account Number (BBAN) format is decided by the national central bank or designated payment authority of each country. It may adopt IBAN without registration. SWIFT also acts as the registration authority for the SWIFT system, which is used by most countries that have not adopted IBAN. A major difference between the two systems is that under SWIFT there is no requirement that BBANs used within a country be of a pre-defined length.
Bulgaria uses BBANs with max. 18 characters and the following format: aaaa (4a)
a: Upper case alpha characters (A–Z)n: Numeric characters (0–9)c: Mixed case alphanumeric characters (a–z, A–Z, 0–9)