Moldova's Ministry of Finance held a working meeting on a draft law aimed at making payment account fees easier to compare, simplifying the process for consumers to switch accounts, and ensuring access to payment accounts with basic services. The draft was developed by the National Commission for Financial Markets and is being promoted by the Ministry of Finance. The discussions brought together state secretary Cristina Ixari, representatives of the National Commission for Financial Markets, the State Tax Service, the banking sector and non-bank payment service providers. Particular focus was placed on the payment accounts register managed by the State Tax Service, including access to data, information quality and potential improvements. The draft’s measures are framed around clearer, comparable fee information, streamlined account switching procedures, and more accessible financial services for vulnerable consumers or those with limited access to the banking system. The Ministry of Finance will continue technical consultations to finalise the draft and align it with European standards.
Ministry of Finance (Moldova) 2025-12-02
Moldova's Ministry of Finance consults on draft law on payment account fee comparability, account switching and basic accounts
Moldova's Ministry of Finance is advancing a draft law to enhance payment account fee transparency, simplify account switching, and ensure access to basic payment services. Developed by the National Commission for Financial Markets, the draft focuses on improving the payment accounts register and aligning with European standards. Key stakeholders, including the State Tax Service and banking sector, are involved in ongoing consultations.