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Moldova Joins SEPA: Fast Euro Transfers and Savings Ahead

10/6/2025

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Summary

Story summary

Moldova joined the Single Euro Payments Area (SEPA) on October 6, 2025.
Speaker Igor Grosu said euro transfers will cost 2-5 euros and arrive within a day.
Maia Sandu highlighted benefits for citizens and lower EU-fee transfers.
National Bank of Moldova Governor Anca Dragu called it historic, bringing European standards to daily transactions, with 20 million euros in savings expected.

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Story summary

Moldova joined the Single Euro Payments Area (SEPA) on October 6, 2025.
Speaker Igor Grosu said euro transfers will cost 2-5 euros and arrive within a day.
Maia Sandu highlighted benefits for citizens and lower EU-fee transfers.
National Bank of Moldova Governor Anca Dragu called it historic, bringing European standards to daily transactions, with 20 million euros in savings expected.