RESOLUTION OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of August 1, 2013 No. 157

About approval, change, amendment and cancellation of some regulations of National Bank of Moldova

Based on the item f) Art. 5 and Art. 11 of the Law on National Bank of Moldova No. 548-XIII of July 21, 1995 (Monitorul Oficial al Republicii Moldova, 1995, Art. No. 56-57, 624), with subsequent changes and amendments, and parts (3) the Art. 49, the Art. 93, 94 and 108 Laws on payment services and electronic money No. 114 of May 18, 2012 (Monitorul Oficial al Republicii Moldova, 2012, Art. No. 193-197, 661) DECIDES: Administrative board of National Bank of Moldova

1. Approve Regulations about payment cards, according to appendix No. 1.

2. Ceased to be valid according to the Resolution of National Bank of the Republic of Moldova of 08.06.2023 No. 108

3. The regulations about activities of banks in systems of international money transfer approved by the Resolution of Administrative board of National Bank of Moldova No. 204 of October 15, 2010 (Monitorul Oficial al Republicii Moldova, 2010, No. 231234, the Art. 900) registered in the Ministry of Justice of the Republic of Moldova at No. 799 of November 19, 2010 to change and add as follows:

1) the Name of Regulations will have the following content:

"Regulations about activities of payment service providers in money transfer systems";

2) throughout all text of Regulations of the word "international money transfer" and "international money transfer" in any grammatical form shall be replaced with words "money transfer" and "money transfers" in the corresponding grammatical form, except for the concepts "System of International Money Transfer", and words "bank", "participating bank" in any grammatical form shall be replaced with words "the supplier of payment participating services" in the corresponding grammatical form, except for syntagmas "National Bank", concepts "Participating bank" and Items 22 and 26;

3) Item 1 will have the following content:

"1. Requirements of these Regulations extend to the payment service providers having the right to render services in money transfer, according to Law No. 114 provisions of 18.05.2012 on payment services and electronic money (Monitorul Oficial al Republicii Moldova, 2012, Art. No. 193-197, 661) (further - the Law).";

4) In Item 2:

a) the concept "Service in International Money Transfer" will have the following content:

"Money transfer - matters, provided in the Law.";

b) in the concept "System of International Money Transfer" of the word "System of International Money Transfer" shall be replaced with words "Money transfer system", shall be replaced with words the words "on international money transfers" "the money relating to money transfer" words of "international money transfer" shall be replaced with words "money transfer", and "bank" to replace the word with the word of "payment";

c) concepts "Participating bank", "Organizer of System of International Money Transfer", "Payer" and "Beneficiary" will have the following content:

"The supplier of payment participating services - the payment service provider of the payer or the beneficiary from the Republic of Moldova who is the participant of money transfer system.

The organizer of money transfer system - the legal entity organizing and providing functioning of money transfer system.

The payer - person publishing the remittance order of money in case of lack of the payment account.

The beneficiary of payment - person who is the receiver of the funds which became object of payment transaction on money transfer.";

4) of Item 16 the word "correspondent" to exclude 5) In part;

The word of "consumers" to replace 6) In Item 18 with the word of "users";

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