Incoming / Outgoing transfers
The wide range of branches and correspondent accounts of Ziraat all over the world gives the possibility to order payments in foreign currency vastly and safety.
For that purpose and for the accurate execution of the financial transfer you can visit the nearest office of Ziraat and present to the bank employee the following information:
Order for transfer/ Sample of Ziraat Bank Sofia Branch/ Name and address of the ordering customer/and the beneficiary IBAN; BIC ( SWIFT ) code of the bank of the beneficiary and the correspondent bank/if there is any. sample form
Documents certifying the reason for the transfer- i.e. Agreements, invoices etc.
Declarations pursuant to the Law on Measures against Money Laundering-art8 para 1,5 and art 4 pa 7 and art 6 para 5 p 3 /sample form
Declaration under art 2 para 1 of the Ordinance and documents presented to the payment service providers when effecting cross-border transfers and payments to a third country sample form Statistical Form- for transfers over BGN 100 000 or equivalent in other currency Regulation 27 of the BNB art 3 para 1
For foreign exchange operations the customers should fill in an Application form for currency exchange
Value dates of the payments in foreign currency:
Transfers to Turkey
To holders of accounts at Ziraat Bank- Turkey the payments are executed with a same business day / for all payment instructed till 3 p.m. For the payments instructed after 3 p.m. the beneficiaries account will be credited on the next business day
Transfers in EUR and USD in other countries:
- Normal value date – 2 working days;
- Express value date – on the same business / or next business day.
The Branch can serve the transfers in EUR by different payments systems- Target, Sepa and through a correspondent account depending on the customer wish. Via Target the payments in EUR can be executed on-line.