Postbank

• How will securities and other financial instruments be converted?
  

Upon euro adoption, all government securities (e.g., government bonds) previously denominated in BGN will be automatically converted to euros. This also applies to other types of investments in debt instruments (e.g., bonds) and shares of Bulgarian companies registered with the Central Depository. The nominal value conversion will be carried out by the Central Depository. If the bond or financial instrument has a fixed interest rate, it will remain unchanged after the transition. The conversion must ensure that interest payments in euros are equivalent to those in BGN. For instruments with variable interest rates, the issuer’s methodology will apply, in accordance with the Euro Adoption Law, ensuring no adverse conditions for investors.

• What happens to my safe deposit box agreement after euro adoption?
  

From the date of euro adoption, all fees for safe deposit boxes, as per the bank’s tariff, will be automatically converted to euros.

• What happens to my standing payment agreements after euro adoption?
  

From the date of euro adoption, the BGN equivalent of standing payments will be automatically converted to euros. From day one, all standing payments will be executed exclusively in euros.

• What happens to my direct debit agreements after euro adoption?
  

From the date of euro adoption, the offering and execution of the Direct Debit service will be discontinued.