Online business accounts and neobanks in Bulgaria offer fast remote opening and low cost euro and international payments, but they split between licensed banks and payment or electronic money providers, which changes how your money is held. Since 1 January 2026 accounts are opened in euro.
- Licensed bank or not
- Mixed. Revolut Business operates under a European banking licence, while Wise Business and Paysera are payment or electronic money providers rather than banks. As of 10 June 2026.
- Typical opening time
- Often one to three business days at digital providers once your documents pass the checks.
- Free account available
- Yes. Wise Business has no monthly fee, Revolut Business has a free Basic plan, and Paysera offers a free account for Bulgarian registered companies. As of 10 June 2026.
- Most providers
- Several online business accounts serve Bulgaria through the SEPA area
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How online accounts and neobanks work in Bulgaria
Online business accounts in Bulgaria fall into two broad groups. The first is licensed banks that operate mainly through an app and website, where eligible deposits are covered by a European deposit guarantee scheme up to EUR 100,000 per depositor per bank. The second is payment and electronic money providers, which offer account like features such as IBAN account details, cards, and currency conversion, but hold your money under different rules and are not banks. Bulgaria joined the euro area on 1 January 2026 and sits inside the SEPA area, so euro transfers across the European Economic Area are straightforward either way. As of 10 June 2026.
What they tend to do well
Remote opening is usually fast, often one to three business days with online identity checks. Euro and international payments are frequently cheaper than the traditional banks. As of 10 June 2026, Wise Business has no monthly fee and converts currencies from a low percentage fee across many currencies, Revolut Business offers a free Basic plan with paid tiers above it, and Paysera offers a free business account for companies registered in Bulgaria. Verify current pricing with each provider.
What to weigh up
Cash handling and branch access are limited or absent with online only providers, and most do not accept cash deposits. A new limited company, the EOOD or OOD, normally needs a traditional bank to open the capital accumulation account that records its share capital before registration in the Commercial Register, a step the neobanks do not provide. Where a provider is an electronic money or payment institution rather than a bank, the EUR 100,000 deposit guarantee does not apply in the same way, so check how your funds are held. Always confirm the current position with the provider.
What to check before you open one
When comparing online business accounts and neobanks in Bulgaria, check these points, as of 10 June 2026. Verify with the provider
- Whether the provider is a licensed bank or a payment or electronic money provider, and how your money is held and protected.
- The monthly or plan fee, any included transactions, and the currency conversion margin on euro and foreign payments.
- Whether the account supports your legal form, such as a sole trader, an EOOD, or an OOD, and whether you need cash handling or the capital accumulation account that only a traditional bank provides.
How to compare online accounts
- Decide how much you value deposit protection, cash handling, and the capital accumulation step against speed and low international costs.
- Compare the licence status, the monthly or plan fees, and the currency conversion margin side by side.
- Confirm the current terms and eligibility with the provider before you apply, because features and fees change.
Compare business accounts available in Bulgaria
These providers accept business customers in Bulgaria. Fees and eligibility shown as of 10 June 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about online accounts and neobanks in Bulgaria
Are neobanks and online business accounts in Bulgaria real banks?
How much do online business accounts cost in Bulgaria?
Can a neobank open the capital account for a new Bulgarian company?
What currency are online business accounts in Bulgaria held in?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 10 June 2026. Confirm current terms with the provider before applying.