The National Social Security Institute (NSSI) can now transfer cash benefits and guaranteed employee claims to personal payment accounts held with payment service providers from the European Economic Area (EEA), including platforms such as Revolut.
The change comes after amendments to the State Social Security Budget Act for 2026, which introduced changes to the Social Security Code and the Act on Guaranteed Claims of Workers and Employees in the Event of Employer Insolvency. The new rules entered into force on January 1.
Until now, NSSI payments could only be made to personal accounts opened with banks or payment service providers licensed by the Bulgarian National Bank, as well as their branches operating in Bulgaria.
Under the new regulations, recipients will also be able to use accounts with payment providers established in other EEA countries, as long as those accounts are connected to the Single Euro Payments Area (SEPA) system.
NSSI stressed that the change is optional and does not require any action from people who already receive their benefits through Bulgarian bank accounts.
