ECONOMY FINANCE&BANKING

FinMin Teodorovici: Romanians abroad to send money through CEC Bank commission-free, as of June

Finance Minister Eugen Teodorovici said on Tuesday in Frasin, Suceava County (north-east) that Romanians living abroad will be able to transfer money to the country without paying commissions through CEC Bank branches that will be set up abroad.

“A possibility, a much easier transfer mechanism of the funds that Romanians who are abroad send to families, to children, to their parents and through CEC, a package of measures will soon be launched aimed at the opening of branches, offices abroad, where important Romanian communities live, so that the Romanians there can open accounts, to use these transfer offices, and without commissions,” Teodorovici told a press conference.

At the same time, he pointed out that other measures will be taken to create facilities for the Romanians working abroad.

“There are measures that Romanians living abroad have been expecting for many years. Somewhere late in May or in June this will materialize, so that it will be another support for those who have decided for objective reasons and we hope temporarily to be away from their loved ones,” Teodorovici said.

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