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Moldovan banks mobilized to support refugees from Ukraine.

Moldovan banks mobilized to support refugees from Ukraine.

For example, Moldindconbank opened a special account to which clients, partners and employees of the bank can donate money to help refugees, stating that it will transfer 1 million lei to a special account opened by the Ministry of Finance to support the efforts of the authorities to help refugees. The Supervisory Board and Chairman of the Board of maib decided to donate their salary for February in full, a significant donation was also made from all members of the Board of the bank. Also, maib will donate a fixed amount for each transaction made with maib debit or credit card in the merchant network and on the Internet. Cardholders who wish to support this initiative can use their cards to pay more often, thereby increasing the amount donated to the refugee fund. The total amount of donations is expected to be about 10 million lei in 2022. All bank customers can also make donations to refugee accounts opened by the Ministry of Finance through the maibank application. Also, maib decided to issue free instant bank cards in lei, dollars and euros for citizens of Ukraine, and launched a special website with useful information for citizens of Ukraine located on the territory of Moldova - https://dopomoga.life/. At the same time, banks have taken measures to more easily exchange the Ukrainian hryvnia for lei or other currencies by citizens of Ukraine who are on the territory of Moldova. Thus, FinComBank canceled the commission and limits for withdrawing cash from Ukrainian cards (in lei, euros and dollars). MAIB also abolished the commission for transactions in its ATMs: Ukrainian citizens can withdraw Moldovan lei, dollars and euros from maib ATMs without paying the maib commission (the commission of the issuing bank may apply). However, due to the large number of cash withdrawal transactions in the maib ATM network, a daily limit of $100/€100 was set for a card issued by one of the Ukrainian banks. Victoriabank provides Ukrainian citizens with the opportunity to exchange hryvnias for Moldovan lei at the rate set by the National Bank (the maximum amount for which this exchange is accepted is the equivalent of 20,000 lei (about 1,000 euros) per person. // 28.02.2022 — InfoMarket

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