IBAN for Bulgaria

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What is an IBAN Number in Bulgaria?

An IBAN (International Bank Account Number) is a standardized system used to facilitate international money transfers, ensuring accuracy and efficiency in cross-border transactions. In Bulgaria, the IBAN number is required for sending and receiving international payments and serves as a unique identifier for a Bulgarian bank account.

The Bulgarian IBAN consists of 22 characters, which include both letters and numbers. It begins with the country code 'BG'
Iban bulgaria 7bf4cbd1cf

IBAN Format

What is the IBAN code format for Bulgaria?

IBAN in Bulgaria consist of 22 characters:
  • 2 letter country code
  • 2 digit check number
  • 4 characters from the bank's bank code
  • 4 digit code for the bank branch
  • 2 digit code for the account type
  • 8 digit code for the bank account number Example: BG80 BNBG 9661 1020 3456 78
Iban format bulgaria ff10d771ca

Bulgaria IBAN structure

BG80 BNBG 9661 1020 3456 78
  • 1
    Country Code (2 letters)

    The first two characters of the IBAN represent the country where the bank account is located. For example, 'BG' for Bulgaria.

  • 2
    Check Digits (2 numbers)

    The next two digits are check numbers used for error-checking purposes. For example, '80' in the IBAN for Bulgaria. These digits help ensure the accuracy of the IBAN during the transaction process.

  • 3
    Bank Code (4 letters)

    In Bulgaria, the next four characters represent the specific bank code, such as 'BNBG', uniquely identifying the financial institution.

  • 4
    Branch Code (4 digits)

    The next four digits represent the branch code, such as '9661', identifying the specific branch of the bank.

  • 5
    Account Type (2 digits)

    The next two digits represent the account type, such as '10', indicating the type of account.

  • 6
    Bank Account Number (8 digits)

    The final eight digits represent the individual bank account number, such as '20345678', identifying the specific account within the bank and branch.

Do we need IBAN for Bulgaria?

Yes, you will need an IBAN (International Bank Account Number) if you want to send or receive international money transfers to or from Bulgaria. A standard Bulgarian bank account number alone is not sufficient for cross-border transactions. The IBAN is essential for ensuring that international payments are processed correctly, securely, and without delays.

IBAN Examples by country

Country name
SEPA
Length
IBAN Examples
BE
Belgium
Yes
16
BE68539007547034
CH
Switzerland
Yes
21
CH9300762011623852957
DE
Germany
Yes
22
DE89370400440532013000
EE
Estonia
Yes
20
EE382200221020145685
ES
Spain
Yes
24
ES9121000418450200051332
FI
Finland
Yes
18
FI2112345600000785
FR
France
Yes
27
FR1420041010050500013M02606
GB
United Kingdom
Yes
22
GB29NWBK60161331926819
HU
Hungary
Yes
28
HU42117730161111101800000000
IE
Ireland
Yes
22
IE29AIBK93115212345678

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