Moldova Joins SEPA

Moldova Joins SEPA

🇲🇩 Moldova has officially joined SEPA, marking a new era of faster and cheaper euro payments.

As of October 6, 2025, Moldova has become a full member of SEPA — the Single Euro Payments Area. This milestone represents a historic leap forward for the country’s financial system and reaffirms its strategic path toward integration with the European Union.

“Moldova’s integration into SEPA is a historic moment for our national financial system and confirms the country’s European direction,” said Anca Dragu, President of the National Bank of Moldova.

Before joining SEPA, the cost of a single international transfer from Moldova ranged from €20 to €200. Now, thanks to this integration, payments will be processed under EU domestic rates and standards — typically just a few euros or even free.

💰 Real Benefits for Businesses

According to the National Bank of Moldova, exporters are expected to save around €20 million per year due to reduced transaction costs when trading with the EU. These savings can be redirected toward growth, scaling operations, or reducing end-user prices.

In the first phase, eight leading Moldovan banks have already obtained SEPA participant status — opening a new level of access to European financial infrastructure for both businesses and private clients.

✅ FINANCEIQ HUB LTD supports SEPA-ready businesses

FINANCEIQ HUB LTD assists companies in opening SEPA, SWIFT, and Faster Payments accounts across various jurisdictions. Our team also provides expert guidance on financial and legal structuring for international operations.

📩 Contact us today for a consultation and discover how your business can fully benefit from SEPA integration.