Dear customer,
Maib reminds you that, starting from April 1, 2025, Law No. 34/2024 regarding cash settlements has come into effect, setting clear limits for cash payments and collections made by legal entities.
Limits for cash payments:
- to other legal entities engaged in entreprenurial/professional activities – 100, 000 MDL cumulatively, per month;
- to individuals not engaged in entrepreneurial/professional activities – 100, 000 MDL cumulatively, per month, per person;
- for the purchase of agricultural products from individuals not engaged in entrepreneurial activities:
– 200 000 MDL cumulatively, per year, per person, for the purchase of plant and horticultural products;
– 300 000 MDL cumulatively, per year, per person, for the purchase of livestock products (other exceptions are also provided by law);
- dividend payments – 100, 000 MDL cumulatively, per year for each associate or shareholder;
- loans – 100, 000 MDL cumulatively, per year.
Limits for cash collections from individuals:
• no more than 100,000 MDL per payment.
If the above limits are exceeded, fines ranging from 3% to 10% of the cash payment or collection exceeding the established limit will apply.
Maib recommends using the maib business platform for quick and secure transfers to other parties.
Access other exceptions provided by the law.
Thank you for your trust,
maib team!
