Best ways to send money to Bulgaria

Q: What details are needed to send money to Bulgaria?

The details you'll need to send money internationally from the United Kingdom to Bulgaria may vary by provider, and based on the value of the transfer. At a minimum, whenever you make an international bank transfer you will typically be asked for: IBAN BIC

Q: Can I send international money transfers from the United Kingdom to Bulgaria for free?

You can't send money to Bulgaria from the United Kingdom for free. Providers incur costs to arrange international transfers, making fees necessary to sustain their business and generate profit. Real costs are involved in moving money abroad, so providers invariably charge a fee to ensure profitability.

Q: When is the best time to transfer money from the United Kingdom to Bulgaria?

There is no official best time to send money from the United Kingdom to Bulgaria and that depends on a variety of factors such as when you need to send money or when you want the funds to be received. It’s also going to depend on a variety of other factors such as, the time when you send money or the fees you are offered by providers or banks.

Q: What is the best way to send large amounts of money to Bulgaria from the United Kingdom?

When you’re sending a high value payment it’s especially important to do your research and find a provider which is safe and which offers low fees and great exchange rates. It’s also well worth comparing some providers based on transfer times, as the delivery time can also vary pretty widely. Some international money transfer services offer discounts for high value transfers, either through lower fees or a better exchange rate. Use the Exiap cost comparison calculator to make sure you’re getting the very best deal available for your specific transfer.

Q: How to send large amounts of money to Bulgaria?

While sending a high value payment works very similarly to sending any other transfer overseas, the provider may require additional information to verify the payment. You might be asked to prove the source of the funds, for example, to comply with local and international financial services legislation. If you’re sending a large amount of money you’ll also need to make sure the provider you’ve picked can support the amount, as maximum payment limits may apply.

Q: How do I know if there is an international bank transfer fee in Bulgaria?

To send money to Bulgaria using one of the international money transfer providers in our tables, the fees range from 21.88 GBP with Wise to 168.94 GBP with OFX (but the fee could be even higher with a bank). The exact cost depends a lot on where you’re sending money, how much you’re sending, how you want to pay, and how you want the payment to be received. Typically sending money directly to a recipient’s bank account using a specialist service can be done with fairly low costs, while traditional bank transfer fees can be higher. Paying for your transfer with either a credit card or cash can often mean the fees crank up, too. When you’re sending money internationally, don’t forget that the overall fee you pay can include the transfer fee, an extra charge wrapped up in the exchange rate used, and third party charges like a cash advance fee from your credit card issuer.

Q: How do I know if there any international money transfer limits in Bulgaria?

There is no legal limit on how much money can be sent to or from the United Kingdom, although banks and other payment providers may impose their own limits. Money transfer limits can vary quite widely between providers, and may also change depending on how you want to fund your transfer. You could find different limits in place when you pay by card compared to paying using a bank transfer, for example.

We've compared the cheapest, fastest and safest ways to send money to Bulgaria from the United Kingdom. Take a look at our comparison table and our detailed review below.

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Looking to send money from Bulgaria to United Kingdom instead?

Comparing 6 providers for your transfer of £5000 GBP to BGN

Provider

Trustpilot

Speed

Total cost

Amount received when sending £5,000

Go to provider

The Best Deal

1 min ago

278,649 Reviews

4.3

0-2days

£ 21.88GBPshow more

лв11,182.00BGN

1 min ago

Go to site

1 min ago

82,169 Reviews

4.4

2-3days

£ 30.56GBPshow more

лв11,162.92BGN

1 min ago

Go to site

1 min ago

3,498 Reviews

4.9

2-3days

£ 50.89GBPshow more

лв11,118.00BGN

1 min ago

Go to site

56 mins ago

50,414 Reviews

4.3

Varies

£ 89.25GBPshow more

лв11,030.24BGN

56 mins ago

Go to site

1 min ago

98,854 Reviews

4.6

0-2days

£ 123.70GBPshow more

лв10,960.00BGN

1 min ago

Go to site

2 days ago

11,101 Reviews

4.3

1-3days

£ 168.94GBPshow more

лв10,864.07BGN

2 days ago

Go to site

How we found the best ways to send money

Our database includes 27 secure providers. For your specific transfer of £5000 from GBP to BGN, we found 6 providers that support this route and for the amount you want to send. We sort these by the cheapest total cost, displaying the freshest data available, whether via direct feed or manual collection. This process is never influenced by referral fees, ensuring you get a fair and transparent comparison every time. Learn more

Quick Verdict: The best ways to send money to Bulgaria

Category	Winner	Key Stats
💰Cheapest Cost	Wise	Total Fees: £21.88
📈Best Exchange Rate	Monese	Rate: 2.2511
⚡Fastest Transfer	Wise	Time: Instant-2 Days
⭐Customer Favourite	TorFX	TrustScore: 4.9/5

You can send money to Bulgaria with a bank, or you can choose a specialist transfer provider. Often, these providers offer a faster, more efficient, and cheaper way to send money from the United Kingdom to Bulgaria.

On this page

How to Cheapest Fastest Best Rated Exchange Rate FAQs

How to Send Money to Bulgaria: Step-by-Step

The good news is that sending money to Bulgaria is easier than ever. Plus you can usually do everything with your phone or laptop - with no need to stand in line at a bank or money changer’s office. Here’s how to send money to Bulgaria in 5 simple steps:

Choose a Money Transfer Service
- Enter the amount of money you want to transfer into our comparison tool
- Compare rates, fees, and delivery speed. You’ll see a range of options from reliable providers, so you can compare and pick the best for your specific transfer
- Consider user reviews and security features
Register with your chosen provider
- Register with your chosen provider (e.g Wise, XE, TorFX)
- Verify your ID if required
Enter Recipient Details
- Add the recipient’s full name and bank details or email, depending on the method
Select Amount and Currency
- Choose how much to send and the currency (e.g. GBP to BGN)
- Review exchange rates and fees upfront
Pay for Your Transfer
- Choose from options like bank debit, credit card, apple/google pay or bank transfer (depending on what's available from the provider)
- Get confirmation and a tracking link if available
- Notify your recipient if needed

You can send money from the United Kingdom to Bulgaria using your bank, a specialist money transfer service, an e-wallet, or by visiting a physical money remittance store. Each option has different pros and cons, so the best for you will depend on your specific transfer and personal requirements.

The cheapest way to send money to Bulgaria

Of the 6 providers we found for sending money to Bulgaria, here is how the top 5 stack up based on cost.

Provider	Total Cost	Exchange Rate
Wise (Cheapest Option)	£21.88	2.2462 GBP to BGN
XE (Runner Up)	£30.56	2.2326 GBP to BGN
TorFX (Alternative)	£50.89	2.2236 GBP to BGN
Monese (Alternative)	£89.25	2.2511 GBP to BGN
Remitly (Alternative)	£123.7	2.1920 GBP to BGN

Go to Wise

Why this matters

The Savings: Choosing Wise saves you 147.06 GBP compared to OFX, which is the most expensive of the providers we reviewed.
The "Hidden" Cost: Always check the Exchange Rate + Upfront Fee. Some providers claim "zero fees" but hide costs in the rate.
The Interbank Rate: The current true market rate is 2.24623.

Example: Most banks add a markup (often ~3%) to the market rate.

If the real rate is 2.24623, a bank might offer you a rate of roughly 2.31362, keeping the difference for themselves.

Finding alternative ways to transfer money to Bulgaria shouldn't be hard. Review our full list of cheap ways to send money to Bulgaria to help you with your search.

The fastest way to send money Bulgaria

Of the 6 providers we found for sending money to Bulgaria from the United Kingdom, here is how the top 5 stack up based on speed.

Provider	Estimated Time
Wise (Fastest Option)	Instant-2 Days
Remitly (Runner Up)	0-2 Days
OFX (Alternative)	1-3 Days
XE (Alternative)	2-3 Days
TorFX (Alternative)	2-3 Days

Go to Wise

Speed comparison: banks vs digital providers

The fastest provider for transferring money to Bulgaria is currently Wise, taking roughly Instant-2 Days.

Why is there such a big difference in speed?

Banks (usually slower): Most banks use the SWIFT network. This system passes your money through several intermediaries—like taking a flight with 3 layovers. It typically takes 3-5 working days.
Transfer Specialists (usually faster): Companies like Wise often have their own local bank accounts in both countries. They don't "send" the money across borders; they pay out from their local reserves instantly.

If speed is your priority, avoiding traditional banks is usually the best strategy.

The best rated provider to transfer money to Bulgaria

Of the 6 providers we found for transferring money to Bulgaria, here is how the top 5 stack up based on user reviews from Trustpilot.

Provider	TrustScore	Volume
TorFX (Best Rated)	4.9 / 5 (Excellent)	3498 reviews
Remitly (Runner Up)	4.6 / 5 (Excellent)	98854 reviews
XE (Alternative)	4.4 / 5 (Excellent)	82169 reviews
Wise (Alternative)	4.3 / 5 (Excellent)	278649 reviews
Monese (Alternative)	4.3 / 5 (Excellent)	50414 reviews

Go to TorFX

How to read these reviews

When choosing a provider, don't just look at the score out of 5. You should also consider the Review Volume.

The "Trust Factor":

A provider like TorFX with a score of 4.9 and 3498 reviews is generally safer than a newer company with a perfect 5.0 rating but only 10 reviews.

Exchange rate trend between GBP/BGN

As with many currencies, the GBP/BGN exchange rate moves over time, due to changes in supply and demand. Exchange rate fluctuations can be caused by underlying shifts in how well the economy in the United Kingdom or Bulgaria is doing, changes in political stability, or even simple speculation, where traders buy or sell currencies based on how they think trends are going to change.

Right now, £1 buys лв2.24623

1 GBP = 2.24623 BGN

Loading chart data...

Conclusion

When it comes to choosing the best provider for sending money to Bulgaria from the United Kingdom, it really depends on what your needs are.

The cheapest provider shown in our comparison table is Wise. If the transfer time is what you're interested in, then Wise is also the fastest way to transfer money to Bulgaria. Wise can get your money to your recipient to Bulgaria in Instant-2 Days.

If safety is what interests you the most when it comes to picking the best international money transfer provider to Bulgaria, then all the providers we listed above are regulated by different financial institutions and should be safe to send money to Bulgaria with.

Find the best money transfer provider

FAQs: sending money to Bulgaria

What details are needed to send money to Bulgaria?

Can I send international money transfers from the United Kingdom to Bulgaria for free?

When is the best time to transfer money from the United Kingdom to Bulgaria?

What is the best way to send large amounts of money to Bulgaria from the United Kingdom?

How to send large amounts of money to Bulgaria?

How do I know if there is an international bank transfer fee in Bulgaria?

How do I know if there any international money transfer limits in Bulgaria?

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