The payment account for basic operations is offered in Bulgarian levs and is intended for local and foreign individuals legally residing in the European Union to perform payment operations on the territory of the country, free of charge or for reasonable fees. An unlimited number of payment transactions can be performed on a payment account for basic operations. Access to a payment account for basic operations is not linked to the purchase of additional services. The bank may refuse to open a payment account for basic operations if the client already has another payment account for basic operations or has more than one payment account, allowing payment transactions with the same or another bank in the country. The payment account for basic operations is opened within 10 days from the receipt by the bank of all necessary documents for its opening and after the signing of the contract.