The IBAN (International Bank Account Number) is a unique identifier for bank accounts, used internationally to ensure secure and accurate money transfers between banks in different countries. In the Republic of Moldova, the IBAN code is required not only for international transactions but also to access local benefits, such as energy compensation during the colder months.
What is an IBAN Code?
The IBAN is a combination of letters and numbers that contains information about the bank account, including the country, bank, and specific account number. In Moldova, the IBAN is used to precisely identify bank accounts, facilitating both domestic and international transfers. Using this code reduces transaction errors and ensures a fast and secure process.
Why do you need an IBAN code in Moldova?
The IBAN code is necessary for international transactions but is also used for certain local operations, including receiving compensation for energy bills during the cold season. Within this government support program, the IBAN ensures correct and swift transfers directly to your bank account. Therefore, when completing the compensation request, entering the correct IBAN code is essential to receive timely financial support without errors.
How to find your IBAN in the maibank app?
To find your IBAN, follow these simple steps in the maibank app:
- Open the maibank app
- Go to "My Products"
- Select the desired card and tap "Card Information"
- Go to "Payment Details" to view your IBAN
Why Is It Important to Use the Correct IBAN?
Entering the IBAN correctly is essential to ensure that funds are delivered to the desired account without delays or errors. For energy compensation, a correct IBAN helps you receive financial support on time, avoiding issues caused by input mistakes.
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