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UBB Offices

Choose the most convenient office or ATM for you

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Fees and terms

Exchange rates

Exchange rates

as of 30/11/2020 15:53:59

Cash Payment
Non-cash Payment
Selling Rate
1.96000
1.95900
Buying Rate
1.94850
1.95000
BNB Fixing
1.95583
Cash Payment
Non-cash Payment
Selling Rate
1.66600
1.66100
Buying Rate
1.59670
1.60170
BNB Fixing
1.64052
Cash Payment
Non-cash Payment
Selling Rate
2.21490
2.20990
Buying Rate
2.14020
2.14520
BNB Fixing
2.18670
Cash Payment
Non-cash Payment
Selling Rate
1.84380
1.83880
Buying Rate
1.77090
1.77590
BNB Fixing
1.80660

Recourse Factoring

Flexibility in meeting the financial needs of your business, without establishment of additional collateral.

Advantages

The factoring deal provides you with working capital for your company’s current needs, based only on invoices and documents for the made delivery, without additional collateral.

Flexible

Option to use funds up to an approved limit without establishment of additional collateral.

Tailored solutions, in line with the specifics of your business and the nature of your trade relations

We will help you in choosing the most suitable for your factoring deal structure, as upon any change in your trade policy, client portfolio, trade relations or sales volumes, we will adapt the factoring deal parameters /if needed/.

Convenient

  • Direct drawdown and repayment on a current account. Financing the production/ operational process with no need of extra collateral.
  • Receivables’ collection and administration.

Beneficial

  • No management and commitment fee.
  • Improvement of buyers’ payment behaviour thanks to the debt’s professional collection by UBB Factoring.

Choice of:

  • export
  • domestic

Parameters

Aim Credit limit to cover current needs
Currency BGN/EUR
Minimum amount of the financial limit 200 000 BGN/100 000 EUR
Minimum amount -
Term 12 months
Interest rates

Variable annual interest rate, formed of UBB’s Reference Interest Rate and a fixed margin

Factoring commission and administration fee

Fixed fee for the services, rendered by UBB Factoring.
The administration fee is charged on the amount of each invoice.

The Factoring commission is charched on the amount of each funded invoice.

Fees

As per the Tariff of UBB Factoring

Collateral Types

Assigned receivables in favour of UBB Factoring

Documents

  • Factoring Request
  • Declaration Statement on economically-related entities
  • Declaration Statement on Credit Indebtedness
  • Domestic Buyers’ Table
  • Export Buyers’ Table