In compliance with the Insurance Code, every insurance broker or agent must have a special account opened to service the proceeds from insurance premiums earned by the insurer and the insurance benefits or sums for the user of the insurance services.
Raiffeisenbank offers the possibility of opening a special account for the following activities, but not limited to:
- Receipt of insurance premiums for an insurer.
- Receipt of insurance benefits or sums of money for users of insurance services.
The fees and commissions charged to the account are in accordance with the Raiffeisenbank (Bulgaria) EAD Tariff of Fees and Commissions for Legal Entities and Sole Traders and with the additionally agreed terms and conditions.