Prime Minister on Moldova's SEPA connection

Prime Minister Dorin Recean praised Moldova's connection to the Single Euro Payments Area (SEPA), noting that this will allow money transfers between our country and other European Union states to be made without high fees, and the money could arrive in less than 24 hours.


"As of today, the Republic of Moldova is connected to the Single Euro Payments Area (SEPA). This means faster, safer, and more affordable euro money transfers between all EU member countries, as well as with the United Kingdom, Switzerland, Andorra, Monaco, San Marino, and Vatican City. Practically, from now on, money transfers between Moldova and other European Union countries will be without high fees, and the money could arrive in less than 24 hours," stated the prime minister.


Furthermore, the prime minister emphasized that for businesses, this means fewer barriers, lower costs, and more money reaching households.


"This is yet another concrete step towards Moldova's full integration into the European economic space," concluded Dorin Recean.


As of today, October 6, 2025, the Republic of Moldova has become an operational part of the Single Euro Payments Area (SEPA). This allows euro transfers between payment systems in participating countries under the same cost, safety, and processing time conditions, regardless of borders. SEPA unites all EU member states, as well as the United Kingdom, countries of the European Economic Area, Switzerland, Andorra, Monaco, San Marino, and Vatican City.

Moldova's accession to SEPA brings immediate and tangible benefits for citizens, the diaspora, companies, and the entire economy. According to BNM calculations, if previously an international transfer could cost between 20 and 200 euros, it will now be processed at the same standards and rates as in the European Union, with just a few euros or even free of charge.