Important 
Protection of Personal Data within BDIF
The Bulgarian Deposit Insurance Fund (BDIF) guarantees in utmost degree the protection of personal data processed or made available in connection with BDIF performance of its mandate.
Reporting Breaches via the BDIF Internal Channel
The Act on the Protection of Persons Reporting or Publicly Disclosing Information on Breaches, in force as of 4 May 2023, provides protection to individuals in both the public and private sectors who report or publicly disclose information on breaches of Bulgarian legislation or of acts of the European Union that has become known to them in the course of, or in connection with, the performance of their employment or official duties, or in another work-related context, so that they may do so without fear of retaliation.
Cooperation Agreement – European Forum of Deposit Insurers
The European Forum of Deposit Insurers supported by the European Banking Authority and in line with the Guidelines published by them published Cooperation Agreement in compliance with Art. 14 (5) of Directive 2014/49/EU on deposit guarantee schemes in September 2016. The Agreement provides for a framework on cross border payouts to depositors, transfer of contributions, as well as mutual lending between deposit guarantee schemes. The Agreement is supported by a Rulebook. BDIF adhered to the EFDI Cooperation Agreement in November 2016.
In April 2024 the EFDI launched a revision of the Agreement in view of the changes in the regulatory environment during the elapsed period, and in June 2025 the revised version of the Cooperation Agreement was adopted and published. The BDIF adhered to the revised Agreement in September 2025.
Core Principles for Effective Deposit Insurance Systems, 2025 – International Association of Deposit Insurers
At the end of 2025 the International Association of Deposit Insurers published the revised Core Principles for Effective Deposit Insurance Systems. Revisions reflect structural changes in financial systems, the evolving role of deposit insurers in resolution, and insights gained from the 2023 banking turmoil. The updated Core Principles highlight the importance of stronger collaboration with other financial safety net functions, such as resolution and supervision, as essential to supporting global financial stability and depositor protection. The Financial Stability Board has included the Core Principles in their Compendium of Standards for sound financial systems. The IMF and the World Bank use the Core Principles in the context of the Financial Sector Assessment Program.
FAQ
BDIF guarantees full repayment of depositor’s funds with each individual bank, regardless of the number and size of the deposits, up to €100,000. This amount includes the principal and the interest accrued up to the date of the bank’s license revocation or on the declaration of unavailability of deposits with a bank. Additional protection up to €125,000 for a term of three months is provided for the following types of deposits: deposits of individuals arising from transactions with real estates for residential purposes; deposits of individuals arising from amounts paid in connection with conclusion or dissolution of marriage, termination of a labour contract or civil service contract, disability, or death; and deposits arising from insurance or social insurance payments or from payment of compensation for damages from crimes or reversed sentence.
The BDIF insures bank deposits of physical persons and legal entities both in euro and in foreign currency. Deposits are all funds in a bank account opened in the name of one or more persons: time and demand deposits, current and savings account, debit or credit cards accounts. Deposit insurance is applicable also to credit balances, which the bank shall repay to its customers under the terms provide by law or a contract signed.