How to send money to Bulgaria
Learn how to make a money transfer to Bulgaria at the lowest cost in 4 easy steps
1. Check the BGN exchange rate against the currency you want to send
Making your transfer on a day where the exchange rate is favorable means more money arrives. We recommend our users to subscribe to our smart alerts to monitor the BGN mid-market rate against your currency.
2. Make your choice among the 27 companies available for transfers to Bulgaria and find the best provider.
There are many companies able to send money to Bulgaria, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Using the right service from the more than 27 available options is a sure way to save on costs.
3. Choose the best provider for your transfer
Are you looking for the money transfer provider with the lowest fees and best exchange rates, fastest transfer speed, best reviews, or a good compromise.
You may also want to take into account the options to pay for the transfer and receive the money. Customers often have the possibility to pay your transfer by bank wire or by debit or credit cards. On the recipient's side in Bulgaria, look at different options if you need the money to be sent directly to the recipient's bank account or received in cash (from an agent location).
4. Sign up and start your transaction with the money transfer provider of your choice
The last step is to sign up on the provider's homepage (you most of the time have to upload documents to prove your identity), and set upyour money transfer to Bulgaria.