According to the requirements of the Notaries and Notary Activities Act every notary must have a special account opened for servicing the proceeds from acts for setting up, transferring, amending or terminating real estate rights.
Raiffeisenbank offers the possibility of opening a special account for the following activities, but not limited to:
- Implementation of contractual relations between a client and a notary which are related to transactions and actions in the name and on behalf of the client.
- Proceeds from fees for persons other than the notary.
- Payment of state fees and taxes due by the client.
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.