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Transfers to United Kingdom - upcoming changes

18.12.2020

Dear Clients,

In connection with the withdrawal of the United Kingdom of Great Britain and Northern Ireland (United Kingdom) from the European Union (EU), we would like to inform you that аs of 1 January 2021 the United Kingdom will be treated as third party country vis-à-vis the EU.

The changes will affect the way of processing and execution of transfers to the United Kingdom, as well as the charging of these transfers.

As of 1 January 2021 transfers to the United Kingdom, will be treated as transfers outside of the European Economic Area (EEA) according to the Tariffs of ProCredit Bank (Bulgaria) EAD.

 

 

Sincerely,

ProCredit Bank (Bulgaria) EAD