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Notification regarding a limitation of transactions related to cryptocurrency through ProCredit Bank

February 13, 2018

Dear clients,

 

We would like to inform you that ProCredit Bank (Bulgaria) EAD does not process and perform payment operations with the purpose of buying/selling virtual and crypto currency. In addition, the bank doesn’t enter into business relationships with legal entities and private individuals who trade with or invest in cryptocurrency.

 

We would like to draw your attention that cryptocurrency is associated with a high level of risk due to lack of legal regulation as well as a possibility for total loss of funds, price volatility, possibility for manipulation of the prices, loss, or theft of data, money laundering, etc.

 

Sincerely,

ProCredit Bank (Bulgaria) EAD