According to Ordinance № 12 on the register of bank accounts and safe deposit boxes (“the Ordinance”), adopted on 29 September 2016 by the Governing Council of the Bulgarian National Bank, from January 1, 2017 a Register of bank accounts and safe deposit boxes (“the Register”) shall be established.
The Ordinance defines the procedure for filing and obtaining information from the Register that will provide centralized information for bank account numbers, their holders and the persons authorized to operate the accounts.
The Credit Institutions Act provides access to the information in the Register to the judicial authorities (including, but not limited to bailiffs when an enforcement case is instituted and the chief inspector or an inspector from the Inspectorate to the Supreme Judicial Council), the Chief Directorate “National Police” and the Chief Directorate “Combating Organized Crime” (of the Ministry of Interior), the State Agency for National Security, the National Revenue Agency, the Commission for Withdrawal of Criminal Assets, as well as natural persons and legal entities whose information is on the Register.