Which type of bank account is best for everyday transactions in Bulgaria?
The most suitable bank account for day-to-day transactions will vary based on the unique requirements of the person or company. A checking account is typically utilized for daily transactions, providing services such as writing checks, using a debit card, and paying bills online, while a savings account is recommended for holding funds and accruing interest over a period of time. Bulgarian banks customize their fees to provide businesses with notable cost benefits, aiding in effective financial administration.