The National Bank of Moldova published an account of Governor Anca Dragu’s remarks on the country’s European integration, including an update on the impact of joining the Single Euro Payments Area (SEPA). In the 10 months since operational connection in October 2025, the resulting financial benefit exceeded EUR 13 million, with funds remaining in the budgets of businesses and citizens. The cost of a cross-border euro transfer fell from EUR 20-EUR 150 to EUR 1.09 per transaction. Dragu also described Moldova’s banking sector as stable, robust, well governed and highly liquid, with harmonized legislation being applied effectively as the country aligns its financial system with European standards.
2026-08-22National Bank of Moldova
National Bank of Moldova reports SEPA impact above EUR 13 million as transfer costs decline
The National Bank of Moldova reported that the financial benefit from the country’s SEPA connection exceeded EUR 13 million in its first 10 months. Cross-border euro transfer costs fell from EUR 20-EUR 150 to EUR 1.09 per transaction.