Weekly payments collected via Single Euro Payments Area in Moldova increase by 186 per cent

The weekly payments collected via the Single Euro Payments Aea (SEPA) have increased by 186 per cent, meaning they have almost doubled from the first to the second week of bank operations in SEPA. Governor of the National Bank of Moldova (BNM), Anca Dragu, made statements to this effect. She participated in an international conference on payments and market infrastructures, organized by the National Bank of North Macedonia and the Central Bank of the Kingdom of the Netherlands, in Ohrid, North Macedonia.

“The volume of traditional payments in Euro via SWIFT has decreased proportionally with the volume of payments made via SEPA. Weekly payments collected via SEPA have increased by 186 per cent; they have almost doubled from the first to the second week of bank operations in SEPA, and this also means a significant decrease in the fees paid by clients.”





Moldova has become, since October 6, 2025, an operational part of the Single Euro Payments Area (SEPA), meaning that citizens and companies can perform fast, secure and cost-effective transfers in euros.

 

Presently, eight out of the ten licensed banks of Moldova can process payments in euros, guaranteeing transfers in accordance with the rules of the European payment system.

BNM’s data shows that, while 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.

The SEPA (Single Euro Payments Area) is the European framework that allows euro transfers between payment systems in participating countries under the same cost, safety and processing time conditions, regardless of borders. SEPA brings together all member states of the European Union, as well as the United Kingdom, countries in the European Economic Area, Switzerland, Andorra, Monaco, San Marino and Vatican.