Send Money to Bulgaria

Transfer money to Bulgaria with OFX and get bank beating foreign currency exchange rates.

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Fast transfers

Once OFX receives your funds, 80% of all major currency transfers are processed in 24 hours

superior exchange rates

24/7 Support

Our global support team is available around the clock - 24 hours a day, 7 days a week

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20 Years Experience

We have more than 20 years experience helping our clients make global money transfers

With OFX, you can get bank beating rates on global money transfers.

How to Send Money to Bulgaria

  1. Gather the relevant banking information, including the name on the recipient’s bank account, the account number, the Bank Code ý, and the SWIFT/BIC code.
  2. Create a free online account with OFX, or login to get a live quote for your money transfer.
  3. Enter your details and those of your recipient.
  4. Choose ‘finalise transaction’ to process your payment.

It’s easy and affordable to send money to Bulgaria using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.

When sending money to Bulgaria, keep in mind that different tax regulations may apply to sending large sums of money overseas depending on many factors including:

  • how the money is going to be used
  • how much you are sending
  • the source of the funds
  • if the money has been taxed elsewhere

For example, supporting family members by paying for living expenses is usually considered different from sending large sums of money abroad as a gift. See our Guide to Sending Money to Family Abroad for more details.

How to send money to Bulgaria at a great exchange rate

When looking at exchange rates, it’s important to know that the value of the Bulgarian lev (BGN) is based upon the fixed rate of the BGN against the euro. The Bulgarian National Bank (BNB) calculates and publishes the rates of the BGN against the price of gold and some foreign currencies. If you want to read up on the factors that influence the value of other currencies, head over to the Exchange Rates section of our site.

With OFX, you can get bank beating rates on global money transfers.

Bulgaria Money Transfers – FAQ

Wondering how to send money to Bulgaria? We've got the smart, secure way to exchange your Aussie dollars for levs. Headquartered in Sydney, with offices around the world, we provide 24-hour access to our highly skilled transfer team.

Is there any limit on how much money I can send to Bulgaria?

No. OFX works well for both businesses and individuals.   

Can I send money from an Bulgarian bank account to Australia?

Sure. If you live in Bulgaria, you’ll want to complete your registration with our UK branch. If you live in Australia, register now to send money to Bulgaria with your Australian bank account. 

Does OFX transfer money to all Bulgarian banks?

OFX can transfer funds to any bank in Bulgaria, including, but not limited to:

  • DSK Bank
  • Bulgarian Postbank
  • UniCredit Bulbank
  • First Investment Bank
  • United Bulgarian Bank AD

The OFX-factor:

You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open. Need a quote? Need it ASAP? Need to talk to someone about your mother? We’re here for you.

When you use OFX, you’ll get fast, efficient service, and we’ll keep you informed of where your money is along the way. For all your overseas payments, OFX is simply smarter.

How can OFX help you manage AUD/BGN exchange rate swings?

Check out our risk management strategies and stay in control of your money.

With OFX, you can get bank beating rates on global money transfers.

Send Money Overseas Securely and Swiftly

There’s a better way to transfer money overseas, and it doesn’t involve your bank.

When you’re ready to send money abroad, you might assume that you need to use your bank, but the truth is that you have other options. At OFX, you can set up and submit your international transfers online, all while enjoying security and 24/7 customer service.

Why people send money overseas  

In today’s world, where economies and people are connected like never before, there are loads of reasons why individuals and businesses transfer money overseas every day. From managing a company with offices abroad, to sending money to friends and family, online transfer services make it simpler and more affordable than banks, whether you need to submit one-time or recurring payments.

Here are a few reasons why you might need to transfer funds across borders:

  • Moving to another country, and taking your savings with you
  • Purchasing luxury items from abroad
  • Investing in real estate overseas
  • Planning a destination wedding
  • Attending school in another country
  • Sending money to family back home.
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What to consider before you send money overseas

There are a few things that you need to consider before you send money overseas, but with the right online transfer service, it can be uncomplicated, swift, and secure.
 
Rates – In addition to exchange rates that fluctuate from one minute to the next, you also need to consider the fees that your bank will charge when transferring funds internationally. Banks often charge a fixed fee, along with a margin of up to 5% on the Interbank Rate. And all of that adds up to extra costs that aren’t really necessary.    
 
Timing – How long your transfer will take should also be considered. Most banks typically require 2-5 business days to complete a transfer, and you’re restricted to submitting your transfer orders during their business hours. That could really hold you back, especially when you need to send money sooner rather than later. 

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Why choose OFX to transfer money overseas?

OFX has you covered when it comes to transfer fees, exchange rates, and timing.

  • We offer bank beating exchange rates. And on some transfers, we waive the transfer fee so you can save even more money. All in all, you could save up to 50%* on the rates banks charge and if you have a target rate in mind you can set an alert to notify you when this is reached.
  • We’re open and ready to transfer your money overseas 24/7. Plus, 80% of all major currency transfers are processed within 24 hours on receipt of funds to OFX. No more waiting around for your bank to be open!

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OFX transfers vs. bank-to-bank transfers

Why is timing so important when it comes to sending money abroad? Well, a shorter transfer life cycle means that you could get your money to its destination more quickly, and that means that you could also save money along the way. 
 
Here’s an example to put things into perspective:
 
When you send money from Australia to the United States via your bank, it could involve seven steps, starting with your bank account in AUD. After bank account processing, your money moves to the SWIFT payment gateway, SWIFT network, and the intermediary bank, where you might be hit with an extra fee. Next, your money would move into the SWIFT payment gateway before finally landing in the recipient’s bank account in USD. On a transfer over $10,000 AUD, bank fees and margins could add up to hundreds of dollars, meaning less of your money gets to where it needs to be. What’s worse, all of this could take up to 3 business days. 
 
When you opt to use OFX, things move more quickly, yet you can rest assured that the process will be secure from start to finish. After setting up your online account, you can send us your money from your bank account. Then, we’ll move the funds from our AUD bank account to our USD bank account. Finally, the money will land in your recipient’s bank account in USD. Just four steps, and potentially done in the same business day!