Decision No 255 of 6 November 2025 on the amendment of certain normative acts of the National Bank of Moldova (on foreign exchange regulations)

Note: The translation is unofficial, for information purpose only Official Monitor of the Republic of Moldova No 565-568 of 13 November 2025, Article 1001 NATIONAL BANK OF MOLDOVA EXECUTIVE BOARD DECISION No 255 of 6 November 2025 (in force as of 01.01.2026) For the amendment of certain normative acts of the National Bank of Moldova (on foreign exchange regulations) Pursuant to Article 51 letters a) and b) of Law No 548/1995 on the National Bank of Moldova (republished in the Official Monitor of the Republic of Moldova, 2015, No 297-300,
Article 544), with further modifications, and Article 55 of Law No 62/2008 on Foreign Exchange
Regulation republished in the Official Monitor of the Republic of Moldova, 2016, No 423-429,
Article 859), with further modifications, the Executive Board of the National Bank of Moldova
HAS DECIDED:

1. Decision of the Council of Administration of the National Bank of Moldova No
   14/2009 on the approval of the Regulation on the issuance by the National Bank of Moldova of authorisations to export funds from the Republic of Moldova (Official Monitor of the Republic of Moldova, 2009, No 57-58, Article 249), with further amendments, registered with the Ministry of Justice of the Republic of Moldova under No 664 of 16 March 2009, is amended as follows:
   1.1. In the adoption clause, the text “(Official Monitor of the Republic of Moldova, 1995,
   No 56-57, Article 624), with further modifications and completions” shall be replaced by the text “(republished in the Official Monitor of the Republic of Moldova, 2015, No 297-300, Article 544), with further modifications,” and the text “(Official Monitor of the Republic of Moldova, 2008, No 127-130, Article 496)” shall be replaced by the text "(republished in the Official Monitor of the Republic of Moldova, 2016, No 423-429, Article 859), with further modifications”.
   1.2. in the Regulation on the issuance by the National Bank of Moldova of authorisations to
   export funds from the Republic of Moldova:
   1.2.1. in paragraph 1 of the introductory part, the text “(republished in the Official Monitor
   of the Republic of Moldova, 2016, No 423-429, Article 859)” shall be excluded;
   1.2.2. in paragraph 43
   :
   1.2.2.1. letter a), after the text “Law No 25/2016 on the application of international restrictive
   measures,” the text “(hereinafter referred to as Law No 25/2016)” shall be supplemented;
   1.2.2.2. in the last sentence, the words “on the application of international restrictive
   measures” shall be excluded;
   1.2.3. in paragraph 101
   , the word “informs” shall be replaced by the words “shall notify”;

1.2.4. in paragraph 102
, the words “set of documents” shall be replaced by the words “application for the issuance of the authorisation”;
1.2.5. in Annex 1:
1.2.5.1. the text “The following documents are attached:” shall be replaced by the text “The
following documents are attached (the name of the submitted documents, number and date of issue of such documents shall be indicated):”;
1.2.5.2. in paragraph 1, the text “(the name of the submitted document, number and date of
issue of such document shall be indicated)” shall be excluded.
2. Decision of the Council of Administration of the National Bank of Moldova No
51/2009 on the approval of the Regulation on the authorisation of certain foreign exchange operations by the National Bank of Moldova (Official Monitor of the Republic of Moldova, 2009, No 57-58, Article 251), with further amendments, registered with the Ministry of Justice of the Republic of Moldova under No 665 of 16 March 2009, is amended as follows:
2.1. In the adoption clause, the text “(Official Monitor of the Republic of Moldova, 1995,
No 56-57, Article 624), with further amendments and completions” shall be replaced by the text “(republished in the Official Monitor of the Republic of Moldova, 2015, No 297-300, Article 544), with further amendments,” and the text “(Official Monitor of the Republic of Moldova, 2008, No 127-130, Article 496)” shall be replaced by the text “(republished in the Official Monitor of the Republic of Moldova, 2016, No 423-429, Article 859), with further amendments.”
2.2. in the Regulation on the authorisation of certain foreign exchange operations by the
National Bank of Moldova:
2.2.1. paragraph 84
shall read as follows:
“84. The National Bank of Moldova shall not authorise the foreign exchange operations referred to in paragraph 3 under the following conditions:

1. the resident individual or legal entity intending to carry out the foreign exchange
   operations and/or the non-resident individual or legal entity counterparty to this foreign exchange operation and/or the non-resident payment service provider through which the foreign exchange operation will be carried out:
   a) is subject to an international restrictive measure which has become applicable on the territory of the Republic of Moldova under the provisions provided for by Law No 25/2016 on the application of international restrictive measures, and b) such international restrictive measure has as its object or effect the restriction of the right to carry out the respective foreign exchange transaction. When adopting the decision on authorising the foreign exchange operation. The National Bank of Moldova shall consider the exceptions provided for by Law No 25/2016 on the application of international restrictive measures when adopting the decision on the authorisation of the foreign exchange operation.
2. the applicant, prior to obtaining the authorisation, has made partial or full
   payments/transfers within the foreign exchange operation for which the NBM authorisation is requested.”;
   2.2.2. in paragraph 9, letter a) is repealed;
   2.2.3. paragraph 10 is repealed;
   2.2.4. in paragraph 11 subparagraph 1 letter d), the text “paragraphs 10, 151
   and 16” shall be replaced by the text “paragraphs 151 and 16”;

2.2.5. paragraph 111
shall be supplemented with a sentence with the following content: “The information regarding the identity of the applicant indicated in the application for the issuance of the authorisation shall be verified by the National Bank of Moldova by accessing state information resources.”;
2.2.6. in paragraph 112
, the text “paragraphs 10 and 11” shall be replaced by the text “paragraph 11”;
2.2.7. in paragraph 122
, amendments N/A;
2.2.8. in paragraph 123
, the words “set of documents” shall be replaced by the words “the application for the issuance of the authorisation)”;
2.2.9. in Annex 1, paragraph 1:
2.2.9.1. shall be supplemented with subparagraphs 31
) and 32
) with the following content:
“31
) name and surname/full name, IDNO/IDNP of the administrator, founders (associates) of the resident legal entity, types of activity, size of the share capital of the resident legal entity; ) the name of the document allowing the resident individual to practice a certain activity (e.g. entrepreneurial patent, a notary license, or a license to practice law;”;
2.2.9.2. subparagraphs 11) and 12), after the text “including Law No 62/2008 on foreign
exchange regulation” shall be supplemented with the text “for not making payments/ transfers within the foreign exchange operation until obtaining the authorisation of the NBM,”;
2.2.10. in Annex 11
:
2.2.10.1. the Application for issuing the authorisation for granting the loan/credit:
2.2.10.1.1. after the table showing the information on the creditor's/debtor's share in the
debtor's/creditor's capital, shall be completed with the text:
“Resident creditor details – resident legal entity:
_________________________________________________________________________ (name and surname/full name, IDNO/IDNP of the administrator, founders (associates) of the resident legal entity _____________________________________________________________________________ (types of activity, size of share capital of the resident legal entity)”;
2.2.10.1.2. after the text “including Law No 62/2008 on foreign exchange regulation” shall
be supplemented with the text “for not making payments/ transfers within the foreign exchange operation until obtaining the authorisation of the NBM,”;
2.2.10.2. paragraph 1 of section “Procedure of compiling of the application for issuing the
authorisation for granting loan/credit” shall be supplemented with subparagraph 91 ) with the following content:
“91
) data on the resident creditor – resident legal entity – the information on the name and surname/full name, IDNO/IDNP of the administrator, founders (associates) of the creditor – resident legal entity, types of activity, size of the share capital of the guarantor – resident legal entity shall be indicated;”;
2.2.11. in Annex 12
:
2.2.11.1. the Application for issuing the authorisation for granting guarantee:
2.2.11.1.1. after the table indicating the information on the share held by the
guarantor/applicant in the capital of the applicant/guarantor, shall be completed with the text:
“Resident creditor details – resident legal entity:
_________________________________________________________________________ (name and surname/full name, IDNO/IDNP of the administrator, founders (associates) of the resident legal entity, __________________________________________________________________________________________________ types of activity, size of share capital of the resident legal entity)”;

2.2.11.1.2. after the text “including Law No 62/2008 on foreign exchange regulation” shall
be supplemented with the text “for not making payments/transfers within the foreign exchange operation until obtaining the authorisation of the NBM,”;
2.2.11.2. paragraph 1 of section “Procedure of compiling of the application for issuing the
authorisation for granting guarantee” shall be supplemented with subparagraph 81 with the following content:
“81
) data on the resident creditor – resident legal entity – the information on the name and surname/full name, IDNO/IDNP of the administrator, founders (associates) of the creditor – resident legal entity, types of activity, size of the share capital of the guarantor-resident legal entity shall be indicated;”;
2.2.12. in Annex 2 compartment I:
2.2.12.1. section A “The documents identifying the applicant” is repealed;
2.2.12.2. paragraph 151
shall be supplemented with the text “(e.g., financial statements for the last 3 years, document(s) confirming the existence of funds in the applicant's accounts opened with licensed banks)”;
2.2.13. in Annex 4, the text “Contact phone number:” shall be replaced by the text:
“Contact details ________________________________________________________ ( postal address, telephone number, email address of the administrator/the administrator's authorised representative/ individual)”.
3. The Regulation on residents' accounts abroad, approved by Decision No 216/2015
of the Council of Administration of the National Bank of Moldova (Official Monitor of the Republic of Moldova, 2015, No 258-261, Article 1719), with further amendments, registered with the Ministry of Justice of the Republic of Moldova under No 1064 of 2 September 2015, is amended as follows:
3.1. in paragraph 10, the word “open” shall be replaced by the words “can open”;
3.2. paragraph 151
shall be added with the following content:
“151
. The National Bank of Moldova does not authorise the opening of an account abroad and the performance of operations through it under the following conditions:
a) the individual or legal entity resident who intends to open an account abroad and carry out transactions in it and/or the individual or legal entity non-resident counterparty to the transactions to be carried out in this account is subject to an international restrictive measure that has become applicable on the territory of the Republic of Moldova, under the conditions provided for by Law No 25/2016 on the application of international restrictive measures, and this international restrictive measure has as its object or effect the restriction of the right to carry out the respective foreign exchange operation, or b) the non-resident bank where the account is to be opened is subject to an international restrictive measure that has become applicable on the territory of the Republic of Moldova, under the conditions provided for by Law No 25/2016 on the application of international restrictive measures and which has as its object or effect the restriction of the right to open accounts and/or perform foreign exchange operations.”;
3.3. in paragraph 17, letter a) is repealed;
3.4. paragraph 18 is repealed;
3.5. paragraph 191
shall be supplemented with the following content:

“191. The information contained in the application for the issuance of the authorisation must correspond to the information in the documents on the basis of which the application was completed. The information regarding the identity of the applicant indicated in the application for the issuance of the authorisation shall be verified by the National Bank of Moldova by accessing state information resources.”;
3.6. in paragraph 20, the text “paragraphs 18 and 19” shall be replaced by the text
“paragraph 19”;
3.7. paragraph 221
, amendments N/A;
3.8. in paragraph 222
, the words “set of documents” shall be replaced by the words “application for issuing the authorisation” and the words “under this paragraph” shall be excluded;
3.9. paragraph 23 is repealed;
3.10. in paragraph 24, letter e) shall be supplemented with the text “and 151
”;
3.11. paragraph 29 shall read as follows:
“29. The NBM authorisation shall be handed over or sent to the applicant/empowered representative, in accordance with the procedures provided for in Article 112 paragraph (1) letters a)-c) and (e) of Law No 548/1995 on the National Bank of Moldova.”;
3.12. paragraph 311
:
3.12.1. after the words “of the NBM authorisation” the text “(on paper)” shall be added;
3.12.2. shall be supplemented with a sentence with the following content:
“In the case of a lost authorisation, the following text shall be included in the application for a duplicate: "I declare on my own responsibility that I have lost the NBM authorisation No _____ issued on __________, for which I sign.”;
3.13. paragraph 314
shall read as follows:
“314. The duplicate of the NBM authorisation shall be handed over or sent to the holder/ empowered representative in accordance with the procedures provided for in Article 112 paragraph (1) letter a)-c) of Law No 548/1995 on the National Bank of Moldova.”;
3.14. paragraph 33:
3.14.1. in letter a) the words “the original NBM authorisation and” shall be excluded, and
the word “information” shall be replaced by the word “data”;
3.14.2. in letter b), the word “to inform” shall be replaced by the word “to notify”, and the
words “other information” shall be replaced with the words “other data”;
3.15. in paragraph 411
, the text “No 29 of 13 February 2018” shall be replaced with the text “No 29/2018”;
3.16. in paragraph 56, amendments N/A;
3.17. paragraph 75 is repealed;
3.18. in paragraph 81, amendments N/A;
3.19. in paragraph 82, amendments N/A;
3.20. in paragraph 821
, amendments N/A;
3.21. in Annex 1:
3.21.1. in the application form:
3.21.1.1. paragraph 4 shall read as follows:
“4. Document that allows the resident individual to practice a specific activity _______________________________________________________________ (entrepreneur's patent, notary public license etc.)”;

3.21.1.2. the text of the declaration, after the words “Regulation on residents' accounts
abroad” shall be supplemented with the text “, approved by Decision of the Council of Administration of the National Bank of Moldova No 216/2015”;
3.21.2. in section “Procedure for compiling the Application for issuing the authorisation for
opening an account abroad”:
3.21.2.1. paragraph 5 shall read as follows:
“5. Item 4 “Document authorising a resident individual to engage in a specific activity” shall indicate the name of the document allowing the individual to engage in a specific activity (e.g., entrepreneur's patent, notary license, etc.).”;
3.21.2.2. in paragraph 16, the words “by which” shall be replaced by the words “by means
of which”;
3.21.2.3. in paragraph 19, amendments N/A;
3.22. in Annex 2:
3.22.1. compartment I:
3.22.1.1. section A “Documents identifying the applicant” is repealed;
3.22.1.2. paragraph 8 shall be supplemented with the words “, (e.g., financial statements for
the last 3 years, the document(s) confirming the existence of funds in the applicant's accounts, opened at licensed banks)”;
3.22.2. compartment II:
3.22.2.1. paragraph 2:
3.22.2.1.1. in the second sentence, the words “shall be certified” shall be replaced by the
words “shall be confirmed”;
3.22.2.1.2. in the third sentence, the word “certification” shall be replaced by the word
“confirmation”;
3.22.2.2. in paragraph 3, after the words “shall be kept,” the words “in electronic form”
shall be added;
3.23. in Annex 3, the text “(resident’s name)” shall be replaced by the text “(full name/
name and surname of the resident)”;
3.24. in Annex 5, amendments N/A.
4. Decision of the Executive Board of the National Bank of Moldova No 304/2016 on
the approval of the Regulation on licensing of foreign exchange entities (Official Monitor of the Republic of Moldova, 2016, No 416-422, Article 2072), with further amendments, registered with the Ministry of Justice of the Republic of Moldova under No 1149 of 17 November 2016, is amended as follows:
4.1. in the adoption clause, the text “No 548-XIII of 21 July 1995” shall be replaced by the
text “No 548/1995”;
4.2. in the Regulation on licensing of foreign exchange entities:
4.2.1. throughout the text of the regulation, the word “WEB” shall be replaced by the word
“web”;
4.2.2. in paragraph 1:
4.2.2.1. in the introductory part, the text “(republished in the Official Monitor of the Republic
of Moldova, 2016, No 423-429, Article 859), with further amendments” shall be excluded;
4.2.2.2. in letter m) the text “NBM WEB portal” shall be replaced with the text “the web
portal of the National Bank of Moldova (NBM web portal)”;

4.2.3. paragraph 23, amendments N/A;
4.2.4. in paragraph 40, letter b), the text “, which corresponds to the requirements specified
in paragraph 10 of the mentioned Annex” shall be excluded;
4.2.5. paragraph 451
shall be supplemented with the following content:
“451. By derogation from paragraph 45, in the event of suspension of the activity of the currency exchange office, its branch, the foreign exchange bureau of the hotel, the activity through the currency exchange machine(s) due to unforeseen events (e.g., technical malfunctions of the video surveillance and recording system of the currency exchange activity, cash register and control equipment, power outages, absence of employees), the foreign exchange office and the hotel shall inform the NBM of this fact by letter, on the day of the unforeseen event that caused the suspension of activity and, upon request, shall submit evidence attesting to the cause of the suspension. The foreign exchange office and the hotel shall inform the NBM on the day of resumption of activity.”;
4.2.6. paragraph 46 shall read as follows:
“46. The letters referred to in paragraph 45 and 451 shall contain, where appropriate, the name of the foreign exchange office, of its branch, of the hotel, the registration number assigned by the State Tax Service to the currency exchange machine (machines) and its installation address, the date of suspension/resumption/definitive termination of the respective activity, the reasons for the suspension of the activity, as well as other information deemed necessary to be indicated by the foreign exchange office and the hotel.”;
4.2.7. in paragraph 461
, the text “39 and 45” shall be replaced by the text “39, 45 and 451 ”;
4.2.8. paragraph 711
shall be supplemented with the following content:
“711. In derogation from paragraph 71, in the event of suspension of the activity of the foreign exchange bureau (bureaux) and/or the activity through the currency exchange machine(s) due to unforeseen events (e.g., technical malfunctions of the video surveillance and recording system of the currency exchange activity, the bank's information system, power outage), the licensed bank shall inform the NBM of this fact by letter on the day of the event causing the suspension of activity and, upon request, shall provide evidence attesting to the cause of the suspension. The bank shall inform the NBM on the day of resumption of the activity of the foreign exchange bureau (bureaux) and/or the activity through the currency exchange machine(s).”;
4.2.9. paragraph 72 shall read as follows:
“72. The letters referred to in paragraphs 71 and 711 shall contain, where appropriate, the name of the licensed bank, the name of the licensed bank`s subdivision (branch/secondary office) within which the foreign exchange bureau is opened, the registration number assigned by the State Tax Service to the currency exchange machine (machines) and its installation address, the date of suspension/resumption/definitive termination of the respective activity, the reasons for the suspension of the activity, as well as other information that bank considers necessary to indicate.”;
4.2.10. in paragraph 73, the text “70 and 71” shall be replaced by the text “70, 71 and 711
”.
5. The Regulation on the activity of foreign exchange entities, approved by Decision of
the Executive Board of the National Bank of Moldova No 335/2016 (Official Monitor of the Republic of Moldova, 2016, No 423-429, Article 2096), with further amendments, registered with the Ministry of Justice of the Republic of Moldova under No 1156 of 6 December 2016, is amended as follows:
5.1. paragraph 10:

5.1.1. in letter a), after the words “phone numbers” shall be supplemented with the words
“and email address”;
5.1.2. letter b), after the word “Chișinău” shall be supplemented with the text “,
official@bnm.md”;
5.2. in paragraph 18 subparagraph 8), letter a) shall read as follows:
“a) the consecutive display of foreign currencies: the first group of foreign currencies – euro, US dollar, the second group of foreign currencies – pound sterling, Romanian leu, Ukrainian hryvnia, the third group of foreign currencies – other foreign currencies;”;
5.3. in paragraph 86, the text “Law 308 of 22 December 2017” shall be replaced by the text
“Law No 308/2017”;
5.4. in Annex 2 section The procedure of filling in the currency exchange bulletin, paragraph
23 letter a), the text “1 USD, 100 USD” shall be replaced by the text “1 EUR, 100 USD”;
5.5. in Annex 3 section The procedure of filling in the Register of foreign currency purchase
operations, paragraph 8, the words “US dollars” shall be replaced by the word “euro”;
5.6. in Annex 4 section The procedure of filling in the Register of foreign currency selling
operations, paragraph 8, the words “USD” shall be replaced by the word “euro”;
5.7. in Annex 8 section The Procedure of Compilation of the Report on the carried out
operations, paragraph 7, the words “US dollars” shall be replaced by the word “euro”.
6. This decision shall enter into force on 1 January 2026.
Chairman of the Executive Board Anca-Dana DRAGU