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Currency in Moldova

MDL · Moldovan leu

Regulator in Moldova

National Bank of Moldova (NBM)(opens in a new tab)

Local accounts in Moldova

Moldovan accounts use the IBAN (MD + 2 check digits + 2-character bank code + account digits, 24 characters in total) for domestic and cross-border addressing, and the leu is the settlement currency domestically.

Payments in Moldova

Interbank settlements run through the National Bank of Moldova's payment infrastructure, with retail transfers between banks processed in batch and intraday cycles and card payments switched between the banks; euro and US dollar transfers to and from the large Moldovan diaspora flow through SWIFT and through money-transfer operators, with SEPA-format payments increasingly relevant as Moldova aligns with the EU banking framework, and bank apps (including MAIB's and Moldindconbank's) make app-based transfers routine; same-minute interbank transfers are not yet universal across all banks.

Sources: National Bank of Moldova · NBM: payment systems · IBAN registry: Moldova structure