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How to send money from India to Bulgaria

Compare the best ways to send money from India to Bulgaria. Find the cheapest, fastest, and most reliable providers with the best INR to BGN exchange rates.

Explore the best deals, read expert information, and discover all you need to send money to Bulgaria from India.

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Companies for transfers from India to Bulgaria

Sponsored

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Sponsored

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

Best way to send: Wise

Wise is our top pick for sending INR to BGN.

We tested & reviewed 6 money transfer companies offering services between India and Bulgaria, and Wise scored highly.

In total, Wise appeared in 100% of India to Bulgaria searches, and was the top rated company out of 6 that support transfers into Bulgarian Lev.

So for a great mix of cost, speed & features, make your India to Bulgaria transfer using Wise.

Screenshot

Getting the best deal on your India to Bulgaria transfer

Summary of recent searches

Top rated for transfers from India to Bulgaria
Wise
Total number of IN - BG providers
6
Average cheapest fees & rate
Wise
Average fastest transfer
Wise
Average transfer time
Within minutes

Considerations to make sending money from India to Bulgaria easy

1
Compare providers

Comparing the different providers offering services between India and Bulgaria, is the best way to send money with confidence.

The 6 providers we've compared ensures you will get the best options for your transfer to Bulgaria from India. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Indian Rupee to Bulgaria.

2
Exchange rates between Indian Rupee-Bulgarian Lev
3
Choose the right payment method
4
Financial regulation in India and Bulgaria
5
Consider transfer limits
6
Receiving money in Bulgaria
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money from India to Bulgaria:

is the cheapest way to send money to Bulgaria from India out of the 6 companies compared.

Data collected over the past six months shows that is 0% cheaper than the second-best option.

This includes an average transfer fee of 9.8* INR an exchange rate for buying Bulgarian Lev with Indian Rupees that is % different to the mid-market rate.

If you want to secure the best rates on transfers from India to Bulgaria, will result in the most Bulgarian Lev received.

*The most common fee applied to INR-BGN by , based on data from the past six months.

Fastest company to send money to Bulgaria from India: Wise.

We compared 6 companies for fast transfers from Indian Rupees to Bulgaria and Wise came out on top.

Through our data, Wise was the quickest way to send money from India to Bulgarian Lev 100% of the time.

Sending money through Wise to Bulgaria from India has an average fee of 21.72 INR.

To understand who was the fastest, we tested Wise as part of 6 money transfer providers. Within this, we looked at the overall speed of sending money from India to Bulgaria. This was made up of transfer times to Bulgaria after Indian Rupees were added to a money transfer account.

When fast money transfers between India and Bulgaria are a priority, Wise is our recommended choice.

Screenshot

Send large sums of money abroad with Currencies Direct

Transferring bigger amounts of money to Bulgaria from India needs a strong exchange rate and effective transfer management.

From the
6 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Bulgaria from India.

Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Bulgarian Levs to Bulgarian Lev.

As such, we recommend Currencies Direct for large transfers between Bulgaria and India.

Understanding the cost of moving money from India to Bulgaria

The total cost of sending money to Bulgaria from India, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.

The Mid-Market and Exchange Rates: Currently, the mid-market for INR-BGN is 0.0214 BGN per Indian Rupee.

  • Finding a company offering an exchange rate closer to this will mean more Bulgarian Lev for your Indian Rupee.

  • The average INR-BGN mid-market rate for the last three months has been 0 BGN per Indian Rupee. This includes a high of 0, and low of 0.

  • Out of the 6 companies compared, Wise offers the best exchange rates.

  • The exchange rate you receive on converting INR to BGN should be the biggest determining cost factor when transferring Indian Rupee to Bulgaria.

Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Wise, with a fee average of 9.8 INR per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.

Amount Received: Money transfer companies will show you the amount of Bulgarian Lev eventually received in Bulgaria.

A lower cost of sending from India will result in more money received in Bulgaria.

Tracking the exchange rate for Indian Rupee to Bulgarian Lev

Getting a better exchange rate between INR and BGN can make a huge difference to the overall cost of sending money.

Mid-market Rate
1 
=
0.021411 
BGN

Over the last six months, between India and Bulgaria, the average numbers are:

  • INR to BGN saw an average 0 BGN mid-market rate.

  • The highest point was 0 BGN, while the lowest was 0 BGN.

  • 6 providers are currently offering transfers between India and Bulgaria.

Want to secure the best INR-Bulgarian Lev exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Bulgaria!

India to
Bulgaria money transfer payment methods

  • Bank transfers

    Bank transfers are often the best payment method for money transfers from India to Bulgaria.

    A money transfer company like offer bank transfers between India and Bulgaria with lower fees and better exchange rates than you would get from a traditional bank. 


    On average, is the cheapest provider for bank transfers of the 6 we tested when sending INR to Bulgaria.

    has an average fee of 0 INR for money transfersfrom India to Bulgaria. Overall, they offer a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from India to Bulgaria with a debit or a prepaid card is very simple with .


    is a leader in debit card payments for transfers from India to Bulgaria, competing among a total of 6 active money transfer companies on this route.

  • Credit cards

    is our top choice of the 6 companies offering credit card transfers from India to Bulgaria.

    Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why we recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Bulgaria and India.


Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from India to Bulgaria.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to BGN.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

How much money can be transferred from India to Bulgaria?
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Can I send money from India to Bulgaria with MoneyTransfers.com?
What are the typical transfer fees for sending Indian Rupees to Bulgaria through various providers?
How long does it take to send money from India to Bulgaria?
What is the best exchange rate I can get for sending money from India to Bulgaria?
Are there any minimum or maximum transfer amounts for sending money from India to Bulgaria?
Can I schedule regular transfers between India and Bulgaria?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.