The bank transfers from abroad to private individuals in Moldova in 2019 totaled US$ 1.222,89 billion, a decrease of 3.5% in dollars on 2018, IPN reports, with reference to the National Bank of Moldova.

The value in dollars of transfers declined mainly as a result of the depreciation of the euro and rubble against the US dollar. The real diminution of the value of total transfers was 0.4% and was determined by the 10.5% rise in transfers in euros and the 45.6% decline in transfers in rubles.

Transfers from the EU grew by 11.2% on 2018 to 46.6%, those from the CIS decreased by 24.7% to 22.0%, while those from other states represented 31.4% in 2019 and 31.2% in 2018.

Some 82.9% of the transfers were made through money transfer systems (in dollars, euros and Russian rubles), without opening bank accounts, while 17.1% were bank transfers (in different currencies) through the SWIFT system.