Raiffeisenbank effects BGN payments on the territory of the country through RINGS (Real-time INterbank Gross-settlement System) or BISERA (Banking Integrated System for Electronic Transfers).

All payments equivalent to or exceeding BGN 100,000.00 and also transfers of smaller amounts, as per customer’s request, are executed through RINGS. The remitter’s bank sends the transfer to RINGS no later than 1 hour after accepting/receiving the payment order from the client and the beneficiary’s bank must credit beneficiary’s account immediately after receiving the funds.

BISERA system is generally used for execution of payment orders of amounts less than BGN 100,000.00 with value date same or next business day for the beneficiary’s bank.

Raiffeisenbank provides the possibility of executing payments in any of the following currencies: EUR, USD, GBP, CHF, TRY, SEK, NOK, DKK, JPY, RUB, RON, PLN, as well as more than 100 other currencies.

An additional fee is applicable - OUR guaranteed - for transfers in USD ordered with details of charges "OUR":
No further charges are collected in this case.

Payments in EUR to/from banks within the Raiffeisen Group - "Intragroup payments" (IGP).

This service is applicable to outgoing payments "in favour of" and incoming transfers "from" other banks within the Raiffeisen Group, denominated in EUR. The clients get a discount from the current bank Tariff for payments within the Raiffeisen Group.