The government discourages "envelope" payments and large amounts kept in cash
Individuals who hold large amounts of cash for extended periods may struggle to explain the source of their funds, even if the funds were legally acquired. This warning comes from Finance Minister Andrian Gavriliță, who advises citizens to avoid receiving salaries “in an envelope” and any other undeclared payments.
The statements were made at the Government meeting on February 25, in the context of the negative opinion issued on a project proposed by the opposition to repeal the current cash use regime.
The Minister emphasized that the Republic of Moldova aligns itself with international standards on proving the origin of money, and the rules are strict.
Together with the National Bank of Moldova, the Ministry of Finance is developing a financial inclusion strategy and seeking additional solutions to bring legally obtained cash into the legal economy.
“Ultimately, we must ensure that we do not become a black spot on the international map in terms of accepting, in the international financial system, excessively large undeclared amounts”, the Minister emphasized.
Andrian Gavriliță encouraged citizens to keep their money in the financial system, where it is protected and can earn interest, and to avoid unofficial payments.
"I remind you that the Government pays 7% and even more for the money invested in state securities, while cash, in addition to the risks it entails, also devalues due to inflation", the minister added.
Prime Minister Alexandru Munteanu also suggested that citizens stop keeping money "in a jar", stating that the instruments available on the market offer a high level of investment security. The prime minister also highlighted the role of financial education programs, starting in school, in preventing fraud.
"On the one hand, do not believe in miracles, when someone promises you a colossal return. On the other hand, know that there are legal instruments that bring you an income, a reasonable profit. In addition, you must pay taxes, in order to later benefit from a pension and social support", the prime minister added.
The repeal of the Law on Cash Payments, which entered into force on April 1, 2025, was previously requested by the "Alternativa" faction, which cited serious consequences for the real estate market and the broader economy.
The law limits cash payments in the case of real estate purchase and sale transactions to 100 average monthly salaries in the economy, and for means of transport the ceiling is 50 average monthly salaries.
