With Bulgaria joining the Eurozone from 1.1.2026 the following changes will be made to our APIs to comply with the new currency and also to optimize the products we support:
- BGN currency will no longer be supported for payment initiation and only the EUR currency will be allowed for domestic credit transfers
- The product domestic-credit-transfers-BGN will not be supported for payment initiation and
- All domestic credit transfers after the adoption of the euro must be initiated using the sepa-credit-transfers product, including intrabank payments in EUR
- Classic SEPA credit transfers (to members of the SEPA zone) will continue to be supported via the sepa-credit-transfers product
- The product domestic-budget-transfers-bgn will be supported indefinitely for initiating VAT and other payments to the local and government institution in the domestic currency – EUR
- Foreign currency payments in the same bank (intrabank) and to other banks still have to be initiated using the cross-border-credit-transfers product
- Transaction history and Payment details for payments processed before the euro adoption will be available in BGN
- The described changes will also be applied to bulk payments and periodic payments (standing orders)
- Domestic instant payments in EUR will be supported via the sepa-credit-transfers product (also bulk payments) by using the service level code INST
- Cross-border SEPA instant payments will be supported later in 2026