Escrow account under condition

Advantages

• A bank commitment to keep the funds under certain conditions;
• Guaranteed disposal of funds after their release by the Bank in favor of a party to the transaction or a third party;
• Unlimited payment operations at bank offices.

Terms and Conditions

• No minimum opening amount;
• Various currencies – BGN, EUR, USD, GBP, CHF;
• Opening fee – as agreed;
• A predetermined term of the contract
• Opening - in person at a bank office upon presentation of documents related to the purpose and special requirements of the account.

Documents required for account opening

• Municipal Bank AD's tariff for interest rates, fees and commissions for individuals;
• Bulletin on the interest charged by Municipal Bank on transactions with individuals;
• General Terms and Conditions for payment accounts and payment services for individuals;