Open a Bank Account in Moldova

Foreign individuals and legal entities can open a bank account in Moldova. As a natural person, it is recommended to open a bank account for personal purposes, in you will live here long-term. For companies, it is a mandatory requirement for the process of company formation in Moldova. In all cases, our consultants provide the necessary legal assistance.

How can your team assist me in opening a bank account in Moldova in 2026?

Our consultants are specialized in offering services related to company formation in Moldova, which also includes the setup of a bank account. While we are specialized in company registration in Moldova, we can also assist natural persons setting up bank accounts for personal purposes. Our services, regardless of the nature of the client, are:

1. meeting with the client – during this meeting, we will discuss with our future client on the type of account most suitable to the person’s situation, the conditions imposed by the law and the banks and the fees associated with the procedure;
2. we will present a personalized list of documents that the client should give us;
3. we will gather the paperwork;
4. we will address the bank selected by the client and we’ll establish a meeting with its representatives;
5. our team will effectively open the account on behalf of our client and we’ll offer any other information and assistance after the account is functional.

What are the main types of banks accounts in Moldova in 2026?

The most common types of accounts to be created in Moldova are:

1. personal bank accounts which are usually used by citizens and residents in Moldova to receive their salaries;
2. corporate bank accounts which are used by local and foreign companies with activities here;
3. savings and retirement bank accounts are also available for natural persons in Moldova;
4. merchant accounts which are used by online businesses to receive payments from customers.

How can I open a personal bank account in Moldova?

The opening of a personal bank account in Moldova is quite simple and requires only a few documents, among which identification papers and proof of residential address in the country. There are banks which allow for the opening of the account to be completed online.

What types of entities need a corporate bank account in Moldova?

The corporate bank account is required for any company to be registered in Moldova (with local or foreign ownership). Foreign companies setting up subsidiaries in Moldova are also required to have bank accounts in this country, as such entities are treated as local businesses.

What documents do I need to present so that I can open a corporate bank account in Moldova in 2026?

In order to open a corporate bank account in Moldova, it is necessary to provide a large set of corporate documents, which prove that the legal entity has been formally registered here. The main documentation is presented in the list below:

1. the registration decision, issued by the Public Services Agency;
2. an extract obtained from the Register of Legal Entities;
3. the company’s statutory documents;
4. the identification documents of the person appointed as a company administrator;
5. the identification documents of the company’s owner;
6. other information about the company (number of employees, expected turnover, partners, etc.);
7. in order to open a bank account for a company in Moldova, proof of a registered address is also required.

Can open a bank account in foreign currencies?

Yes, foreigners are entitled to open a bank account in Moldova in foreign currencies. Some of the options in this sense are:

1. Euro (EUR);
2. American dollar (USD);
3. Romanian leu (RON);
4. British pound (GBP);
5. Swiss franc (CHF).

Do I need to pay bank fees?

This depends on the type of account you want to set up and the bank selected. In general, banks will charge a small fee for any new applications, while some will also impose a minimum deposit. Fees can also be charged for international transfers and payments, and they will also have a maintenance fee. It is important to observe all these conditions prior to selecting a banking institution.

What is the IBAN code structure in Moldova?

The IBAN stands for International Bank Account Number, which is a unique code that is issued for each bank account set up at local banks. The IBAN code is comprised of 24 characters, which contains the following, in this order:

• the code of the country (MD in this case);
• the control code (2 digits);
• the bank’s code (2 letters);
• the code associated with the bank account (18 digits).

For guidance in opening a bank account in Moldova, do not hesitate to contact our local representatives.