BISERA payments
BISERA is the local automated clearing house used for payments below BGN 100 000.00 Transfers are effected same day or next day depending on the time payment instruction is received with the Bank.
RINGS payments
Use of RINGS system (the local Real Time Gross Settlement system) is obligatory for payments equal or greater than BGN 100 000 and is optional for lower amounts. Funds are received by the beneficiary same day provided the instruction is submitted within the cut off time
Internal transfers
Internal transfers between accounts held with Citibank Europe plc, Bulgaria Branch are processed same day value.
