The National Bank of Moldova has made its MIA Instant Payments system available for instant company-to-company (B2B) transfers in Moldovan lei, executed through payment service providers’ internet and mobile banking channels. Transfers can be initiated and received 24/7, including outside providers’ working hours, with real-time settlement in seconds. The B2B functionality is designed for commercial payments such as invoices, advances and other trade-related transfers, supporting real-time liquidity management and reducing delays. Transactions are charged at 0.7% of the transfer amount, capped at MDL 40 per transaction, and the feature adds to existing MIA services including instant person-to-person transfers and payments for business and public services; MIA was launched on 12 March 2024 and is reported to be used by every second citizen with at least one bank account.
National Bank of Moldova enables MIA Instant Payments for business-to-business transfers with fees capped at MDL 40
The National Bank of Moldova has expanded its MIA Instant Payments system to support 24/7 company-to-company transfers in Moldovan lei via internet and mobile banking. This B2B functionality facilitates real-time liquidity management for commercial payments, with a transaction fee of 0.7% capped at MDL 40. MIA, launched in March 2024, is already widely used for person-to-person and business payments.