Economy

12 December, 2025 / 00:09

/ 02 December, 2025

One month passes after joining Single Euro Payments Area: Moldovans save 1.4 million euros on transfer fees

Citizens of Moldova have saved 1.4 million euros on transfer fees in the first month since the country joined SEPA—the Single Euro Payments Area, according to data presented by the National Bank of Moldova (BNM).

In the period after October 6, 2025, the date on which Moldova became part of the Single Euro Payments Area, the volume of transactions to and from the country increased by 300 million euros, exceeding 1.3 billion euros. The number of transactions conducted through SEPA was by 25 per cent higher than in the same period of the previous year, with more than half of them made by individuals.

Eight commercial banks of Moldova have already joined the SEPA system, an infrastructure integrating 41 European states and allowing for fast, secure and low-cost or zero-cost transfers. Membership provides citizens and companies with access to euro payment services under the same conditions as in European Union countries, contributing to facilitating financial flows and bringing the national economy closer to European standards.

Moldova initiated the process of joining the Single Euro Payments Area on January 30, 2024, by submitting the official application to the European Payments Council (EPC). On March 6, 2025, the EPC approved the inclusion of Moldova in the SEPA geographical area.

Comment

Latest News

Energocom company of Moldova purchases electricity at average price of 134 Euro/MWh in last November

EU aims to accelerate aid to Moldova amid Russian attacks on Ukraine's energy infrastructure

Fuels cheapen in Moldova; Energy regulatory agency announces new prices

Top European bank's investments worth over 1 billion euros analyzed in Moldovan capital

National power system operates stably and fully covers energy consumption

Over 200 km of regional roads repaired in 2025

Moldova opens door to Romanian investors: up to 75 per cent financial support for industrial projects

Moldova's power system operating under pressure after Russia's attacks on Ukraine; energy minister says Moldelectrica enterprise asks Romania to provide emergency aid

Excellence in hospitality celebrated at first edition of Moldova Hospitality Awards

Moldovan Infrastructure Ministry completes preparations for new batch Europe is Close projects: 61 mayors already signed funding contracts

DOC // List of Moldovan standards harmonized with European rail system interoperability norms published in Official Journal

Speaker: Responsible investment budget - measures for sustainable economic growth

Moldovan PM provides details on discussions with IMF mission: economic growth forecasts to be revised

VIDEO // Growing budget deficit, record investments in 2026: Moldovan finance minister gives explanations

VIDEO // Over 500 common transit declarations registered in New Computerized Transit System in Moldova: simplified procedures, savings of time, resources

VIDEO // Human rights in Moldova's Transnistrian region: challenges, answers, European perspectives; Deputy PM says country to promote proactive approach to this end

DOC // Published in Official Journal: Moldova joins UK-imposed restrictive measures on Russian cybercrime infrastructure

Prime Minister pays working visit to Călărași district

Human rights situation in Transnistrian region – topic of discussion at national conference

VIDEO // Deputy Prime Minister: Discussions about changing owner of Giurgiulești Port refer exclusively to Giurgiulești International Free Port, not state port

Head of State to visit Cyprus

DOC // Moldova joins US-imposed sanctions on Russian oil companies

Premiere on electricity market in Moldova: first transaction conducted on Day-Ahead Market

IGSU rescuers to receive new specialized training in 2026

New school furniture for Mihai Eminescu high school in Corjova

Support for students relocated to larger schools: Ministry of Education announces measures to facilitate transition

Local and regional development priorities in EU accession process discussed at Government

VIDEO // Fiscal regime for Moldova IT Park remains unchanged until 2035 - Ministry of Economic Development and Digitalization says

Former Democratic Leader Vladimir Plahotniuc and Serghei Iaralov might testify in 'Kuliok' case

Economic dialogue Chisinau-Beijing: investment priorities in agriculture and energy projects

See more