Starting October 6, 2025, ProCredit Bank, together with other banks from the Republic of Moldova, officially becomes part of the Single Euro Payments Area (SEPA). This achievement marks an important step in Moldova’s integration into the European financial system and brings real benefits for our clients, whether individuals or businesses.

What is SEPA and how does it work?
SEPA is a European system that simplifies and lowers the cost of euro transfers between member countries. All transactions follow standardized rules: they are executed in euro, under normal (non-urgent) conditions, to banks within the SEPA area, and with SHA commission – meaning fees are shared between sender and recipient. This ensures transparent costs without hidden charges.

SEPA member countries:
The SEPA zone includes 41 European countries: all 27 EU member states, plus the United Kingdom, Iceland, Norway, Liechtenstein, Switzerland, Monaco, San Marino, Andorra, Vatican City, Montenegro, Albania, North Macedonia, Moldova, and Serbia.

Benefits of joining SEPA:

• Faster and more secure transfers – payments will be processed much quicker than through traditional systems.
• Lower costs – international euro transfers will have a flat fee of just €5, regardless of the amount.
• Easier access to the European market – Moldovan companies will be able to carry out international transactions at the same costs as EU companies, without additional fees.
• Support for digitalization and modernization – joining SEPA accelerates the adoption of digital solutions and the modernization of payment infrastructure.

Benefits for different categories of clients:

• Individuals – fast transfers and minimal fees for money sent from the EU.
• Import/export companies – transparent, quick, and cost-effective payments to EU partners.
• Investors – SEPA provides a safe and standardized framework for international transfers, increasing confidence in financial operations.

Through this integration, ProCredit Bank reaffirms its commitment to providing clients with modern, efficient, and European-standard financial solutions. Thus, our clients will be able to make international euro payments more simply, more quickly, and more advantageously than ever before.

Payments registered by 2:30 PM will be executed on the same day. Payments registered after 2:30 PM will be executed on the next working day.

For more details about the advantages of SEPA transfers through ProCredit Bank, contact us at 0800 000 10 (national calls) or +373 22 270 707 (international calls), or email us at mda.office@procredit-group.com.