The Romanian official currency is the leu (plural lei). 1 leu has 100 bani. The exchange rate is established by the National Bank. The current exchange rate is about 1 euro = 4.60 lei. It is advisable to exchange money at banks or at Exchange offices available all around the city.

 

You can use your foreign debit card at ATMs and you will be issued the equivalent in lei of the amount of euro or US dollars indicated by you. Romanian ATMs only accept Visa, MasterCard and Maestro. Depending on your needs, there are several possibilities for money transfer: bank transfer or special transfer (such as Western Union), postal money order (“mandat poștal”).

Health Insurance

We strongly recommend that you get health insurance to cover your study period in Romania. For students from EU member states, medical care in Romania is provided based on the European Health Insurance Card. If you are a non-EU national, you should inquire whether there is a bilateral agreement on health care between Romania and your country.

If find yourself in need of medical assistance, you can go to any authorized medical unit, public or private. Some private health insurance companies will refer you to a specific clinic or hospital that they have a contract with. Ask your insurance company to give you the list of all medical units they are working with.

Medical Insurance will be paid in each applicant’s native/sending country. In Romania, emergencies are free of charge.