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Revenue Agency: Payments exceeding EUR 5,000 can be made only by bank transfer

Photo: BGNES-archive

According to the current legislation, payments on the territory of Bulgaria amounting to EUR 5,112 or more must be made via bank transfer or deposits in payment account, the National Revenue Agency reminds.

Between June and August 2020 more than 2,600 payments equaling or exceeding EUR 5,000 were made in cash. For such violations fines for natural persons may reach 25% of the total amount of payment and fines for legal entities may reach 50% of the amount paid in cash.




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