How do I make a transfer?



1. Open a Paysera account

Carry out an online transaction free of charge.
Go to www.paysera.com, fill in your personal data, upload a Bulgarian ID card or passport, if you have one, perform an identification procedure via Skype and fill in the KYC questionnaire.

2. Top up your account in GBP

Online, from your e-banking to your bank account in UK.
How? – With local transfer to your Paysera account. Fees – your bank fee for local transfer in GBP.

3. Exchange currency to BGN

Once your Paysera account has been deposited (usually takes up to 1 business day), exchange GBP to BGN at a favourable exchange rate.
The official exchange rate is 1GBP = 2,223040 BGN. In the Paysera system, for 1,000 GBP you will receive 2,223.04 BGN without any additional fees (the exchange rate of October 31, 2017).

4. Transfer money to recipient

Money transfer from your Paysera account to Bulgarian IBAN of your friends or family. Fees - from 0.25 BGN to 1.00 BGN, depending on the recipient bank.

FAQ



Can the recipient in Bulgaria receive cash?

Yes, if they have a payment card associated with the account you are sending money to. If not, they may open a Paysera account and order a Visa card.

Are there any transfer limits?

There are no limits for minimum or maximum transfer amount – you can send 1 or 1,000 BGN, the fee is fixed. For larger amounts, the client may be asked to provide documents justifying the origin of the funds or fill in a Know Your Client questionnaire.

Can I send money in other currencies?

Yes, but if the currency of the transfer and the account currency differ, the recipient bank may apply fees for incoming transfers or exchange money at an exchange rate set by the bank.

Can other people send money to my Paysera account?

Yes, free of charge.

How do I start using a Paysera account?



  • Go to www.paysera.com and click on ‘Registration’
  • If you have a Bulgarian ID or passport and a Bulgarian address, choose Bulgaria as your country
  • Fill in your name, email, phone number and set a password
  • Verify your email address and phone number
  • Upload your ID or passport
  • Perform an identification procedure via Skype and fill in the KYC questionnaire