The bank that provides payouts to Bulgarian bank accounts in BGN has announced that they will end their service. Settle is working to replace the payment partner.

What should I do?

Empty your BGN balance, by performing a payout before the deadline.

As always, you can safely keep any balance with Settle, but after the deadline you will not be able to perform payouts to your Bulgarian bank account in BGN until we have found a new partner.

We will continue to support payouts to all EU bank accounts, including Bulgarian bank accounts, but after the deadline such payouts will be made in EUR. Your bank may charge fees for this, and perform a foreign exchange from EUR to BGN.