Bulgarian-American Credit Bank AD provides products and services in the areas of retail banking, corporate banking. Bulgarian-American Credit Bank AD offers a range of products including current accounts, escrow accounts, savings accounts, time deposit accounts (0.64 - 1.20 %), debit cards, credit cards, business cards, consumer loans, mortgage loans, business loans.
Opening an account with Bulgarian-American Credit Bank AD can be done by performing the following steps: submit online application, visit bank branch.
Bulgarian-American Credit Bank AD requires the following documents to open a personal bank account: passport; proof of address; application form.
While opening a bank account Bulgarian-American Credit Bank AD has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by Bulgarian-American Credit Bank AD and the documents used are outlined below.
Bulgarian-American Credit Bank AD may require additional documentation or information depending on the case.
Bulgarian-American Credit Bank AD performs identity verification using branch visit.
Products and services offered by Bulgarian-American Credit Bank AD are available at its branches and via its online banking system, mobile application.
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Bulgarian-American Credit Bank AD offers the following time deposit accounts.
Updated on 29 October 2020
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Spain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.
Deposit Guarantee. Time deposit accounts made with Bulgarian-American Credit Bank AD are covered by deposit guarantee scheme of Bulgaria up to 100,000 EUR per depositor.
Withholding Tax. Interest gained on time deposit accounts by non-residents of Bulgaria is taxed at 0.00% rate. When the interest is paid, this tax is automatically withhold by Bulgarian-American Credit Bank AD from the time deposit account. Interest income gained on time deposit accounts by residents of Bulgaria is not taxed.