The Romanian ITC Ministry signed the order for obtaining approval in internet-banking
and home-banking operations implementation. The order comes into force as
soon as it is published by the Official Gazette.
In developing the order, the ministry consulted representatives of the
banking system, as well as from the Romanian National Bank. The fact that
four demands were already submitted demonstrates the fact that the demand
exists for such services, many banks considering the opportunity to invest
in home and Internet banking systems.
The order approved by the ITC Ministry applies to all Romanian banks
and establishes the conditions for obtaining the technical functioning
approval, according to the National Bank's decision on the electronic
transactions and the relationship between the clients involved. The approval
documentation must be sent to the ministry by all the banks offering electronic
services in 90 days after the order is approved.