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Updated Information on BGN Currency Transactions at ZEN.COM
Discontinuation of All BGN Transactions from 26 September 2023
Hi,

We recently informed you about changes related to transactions in the Bulgarian Lev (BGN) currency at ZEN.COM. We've noticed that, despite our previous communication, there's still an addition of balance on your account in BGN currency.
 
Important Updates

Following additional discussions with our Payment Provider, we have learned that starting from 26 September 2023, it will no longer be possible to execute either purchases or sales in the BGN currency.
 
What This Means for You

Conversions: The last day to either buy or sell BGN will now be 26 September 2023. After this date, all transactions in BGN will be disabled.

Payments: The last day to process a SWIFT BGN payment will remain 26 September 2023. From that date onward, all outgoing SWIFT transactions in BGN will be unavailable.

Collections: You will be unable to receive any SWIFT BGN payments in favour of yourself or your customers, as these will be rejected from 26 September 2023.

BGN Balances: If you hold any BGN balances, please arrange for withdrawal or conversion of these funds no lather than 25 September 2023

Account Number Closures: Account numbers designated for BGN currency with a zero balance will be closed in the coming days.
 
Superseded Changes

The previous extension for BGN transactions has been replaced by a more urgent timeline.

We apologize for any challenges this may pose and recommend immediate action to adapt. Your understanding and cooperation are valued. ZEN.COM remains committed to serving you effectively.
May all things be ZEN!
ZEN Team

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