Remitting from Germany to Serbia

The following table shows how much it costs to remit money from Germany To Serbia. Click on column headings to sort the data.

Note: Corridor averages are unweighted and do not reflect the market shares of the different firms that compose the average. For comparability purposes, the two initial USD reference amounts of $200 and $500 were kept. In the third quarter of 2009, the amounts in local currency were adjusted in order to reflect foreign exchange fluctuations.

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Collection period for Third quarter 2009 | First quarter 2009 | 2008

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140350

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Ria Envia	MTO	5.60	0.00	4.00	5.60	Same day	Nationwide	Sep 22, 2009
Postbank	Bank	8.00	0.00	5.71	7.99	3-5 days	Nationwide	Sep 22, 2009
Berliner Volksbank	Bank	10.00	0.00	7.14	10.00	6 days or more	Nationwide	Sep 22, 2009
iKobo	MTO	11.50	0.00	8.21	11.49	Less than one hour	Nationwide	Sep 22, 2009
MoneyGram	MTO	13.00	0.00	9.29	13.01	Less than one hour	Nationwide	Sep 22, 2009
Moneybookers	MTO	14.00	0.00	10.00	14.00	Less than one hour	Nationwide	Sep 22, 2009
Western Union	MTO	14.50	0.00	10.36	14.50	Less than one hour	Nationwide	Sep 22, 2009
HypoVereinsbank	Bank	25.00	-1.71	16.15	22.61	6 days or more	Nationwide	Sep 22, 2009
Komercijalna Banka	Bank	25.00	0.00	17.86	25.00	6 days or more	Nationwide	Sep 22, 2009
Sparkasse KolnBonn	Bank	25.00	0.00	17.86	25.00	6 days or more	Nationwide	Sep 22, 2009
Western Union	MTO	26.00	0.00	18.57	26.00	Less than one hour	Nationwide	Sep 22, 2009
Stadtsparkasse Munchen	Bank	29.00	0.00	20.71	28.99	6 days or more	Nationwide	Sep 22, 2009
Bank Average		20.33	-0.29	14.24	19.94
MTO Average		14.10	0.00	10.07	14.10
Total Average		17.22	-0.14	12.16	17.02
Total Average in First Quarter 2009		15.09	0.44	11.62	16.27

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Postbank	Bank	8.00	0.00	2.29	8.02	3-5 days	Nationwide	Sep 22, 2009
Berliner Volksbank	Bank	10.00	0.00	2.86	10.01	6 days or more	Nationwide	Sep 22, 2009
Ria Envia	MTO	14.00	0.00	4.00	14.00	Same day	Nationwide	Sep 22, 2009
HypoVereinsbank	Bank	25.00	-1.71	5.43	19.00	6 days or more	Nationwide	Sep 22, 2009
iKobo	MTO	21.25	0.00	6.07	21.24	Less than one hour	Nationwide	Sep 22, 2009
MoneyGram	MTO	23.50	0.00	6.71	23.48	Less than one hour	Nationwide	Sep 22, 2009
Komercijalna Banka	Bank	25.00	0.00	7.14	24.99	6 days or more	Nationwide	Sep 22, 2009
Sparkasse KolnBonn	Bank	25.00	0.00	7.14	24.99	6 days or more	Nationwide	Sep 22, 2009
Western Union	MTO	26.00	0.00	7.43	26.00	Less than one hour	Nationwide	Sep 22, 2009
Western Union	MTO	26.50	0.00	7.57	26.50	Less than one hour	Nationwide	Sep 22, 2009
Stadtsparkasse Munchen	Bank	29.00	0.00	8.29	29.01	6 days or more	Nationwide	Sep 22, 2009
Moneybookers	MTO	35.00	0.00	10.00	35.00	Less than one hour	Nationwide	Sep 22, 2009
Bank Average		20.33	-0.29	5.52	19.32
MTO Average		24.38	0.00	6.96	24.36
Total Average		22.35	-0.14	6.24	21.84
Total Average in First Quarter 2009		17.64	0.44	5.79	20.26

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Ria Envia	MTO	8.00	0.00	4.00	8.00	Same day	Nationwide	Sep 22, 2009
Postbank	Bank	11.43	0.00	5.71	11.42	3-5 days	Nationwide	Sep 22, 2009
Berliner Volksbank	Bank	14.29	0.00	7.14	14.28	6 days or more	Nationwide	Sep 22, 2009
iKobo	MTO	16.43	0.00	8.21	16.42	Less than one hour	Nationwide	Sep 22, 2009
MoneyGram	MTO	18.57	0.00	9.29	18.58	Less than one hour	Nationwide	Sep 22, 2009
Moneybookers	MTO	20.00	0.00	10.00	20.00	Less than one hour	Nationwide	Sep 22, 2009
Western Union	MTO	20.71	0.00	10.36	20.72	Less than one hour	Nationwide	Sep 22, 2009
HypoVereinsbank	Bank	35.71	-1.71	16.15	32.30	6 days or more	Nationwide	Sep 22, 2009
Komercijalna Banka	Bank	35.71	0.00	17.86	35.72	6 days or more	Nationwide	Sep 22, 2009
Sparkasse KolnBonn	Bank	35.71	0.00	17.86	35.72	6 days or more	Nationwide	Sep 22, 2009
Western Union	MTO	37.14	0.00	18.57	37.14	Less than one hour	Nationwide	Sep 22, 2009
Stadtsparkasse Munchen	Bank	41.43	0.00	20.71	41.42	6 days or more	Nationwide	Sep 22, 2009
Bank Average		29.05	-0.29	14.24	28.48
MTO Average		20.14	0.00	10.07	20.14
Total Average		24.60	-0.14	12.16	24.32
Total Average in First Quarter 2009		22.36	0.44	11.62	23.24

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Postbank	Bank	8.00	0.00	2.29	11.45	3-5 days	Nationwide	Sep 22, 2009
Berliner Volksbank	Bank	14.29	0.00	2.86	14.30	6 days or more	Nationwide	Sep 22, 2009
Ria Envia	MTO	20.00	0.00	4.00	20.00	Same day	Nationwide	Sep 22, 2009
HypoVereinsbank	Bank	35.71	-1.71	5.43	27.15	6 days or more	Nationwide	Sep 22, 2009
iKobo	MTO	30.36	0.00	6.07	30.35	Less than one hour	Nationwide	Sep 22, 2009
MoneyGram	MTO	33.57	0.00	6.71	33.55	Less than one hour	Nationwide	Sep 22, 2009
Komercijalna Banka	Bank	35.71	0.00	7.14	35.70	6 days or more	Nationwide	Sep 22, 2009
Sparkasse KolnBonn	Bank	35.71	0.00	7.14	35.70	6 days or more	Nationwide	Sep 22, 2009
Western Union	MTO	37.14	0.00	7.43	37.15	Less than one hour	Nationwide	Sep 22, 2009
Western Union	MTO	37.86	0.00	7.57	37.85	Less than one hour	Nationwide	Sep 22, 2009
Stadtsparkasse Munchen	Bank	41.43	0.00	8.29	41.45	6 days or more	Nationwide	Sep 22, 2009
Moneybookers	MTO	50.00	0.00	10.00	50.00	Less than one hour	Nationwide	Sep 22, 2009
Bank Average		28.48	-0.29	5.52	27.60
MTO Average		34.82	0.00	6.96	34.80
Total Average		31.65	-0.14	6.24	31.20
Total Average in First Quarter 2009		26.72	0.44	5.79	28.95

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Komercijalna Banka	Bank	4.00	-0.51	2.46	3.32	6 days or more	Nationwide	Feb 11, 2009
Ria Envia	MTO	5.00	0.71	4.42	5.97	2 days	Nationwide	Feb 11, 2009
Volksbank Rhein-Ruhr	Bank	8.00	0.00	5.93	8.01	6 days or more	Nationwide	Feb 10, 2009
Postbank	Bank	8.50	0.00	6.30	8.51	3-5 days	Nationwide	Feb 10, 2009
Berliner Volksbank	Bank	10.00	0.00	7.41	10.00	6 days or more	Nationwide	Feb 10, 2009
Stadtsparkasse Munchen	Bank	12.00	0.00	8.89	12.00	6 days or more	Nationwide	Feb 10, 2009
MoneyGram	MTO	14.00	0.00	10.37	14.00	Less than one hour	Nationwide	Feb 11, 2009
Western Union	MTO	14.50	0.00	10.74	14.50	Less than one hour	Nationwide	Feb 11, 2009
Sparkasse KolnBonn	Bank	15.00	0.00	11.11	15.00	6 days or more	Nationwide	Feb 10, 2009
HypoVereinsbank	Bank	37.50	0.00	27.78	37.50	6 days or more	Nationwide	Feb 10, 2009
HypoVereinsbank	Bank	37.50	4.67	32.45	43.81	6 days or more	Nationwide	Feb 11, 2009
Bank Average		16.56	0.52	12.79	17.27
MTO Average		11.17	0.24	8.51	11.49
Total Average		15.09	0.44	11.62	15.69
Total Average in 2008		15.00	1.55	12.66	17.09

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Komercijalna Banka	Bank	9.00	-0.51	2.22	7.33	6 days or more	Nationwide	Feb 11, 2009
Volksbank Rhein-Ruhr	Bank	8.00	0.00	2.42	7.99	6 days or more	Nationwide	Feb 10, 2009
Postbank	Bank	8.50	0.00	2.58	8.51	3-5 days	Nationwide	Feb 10, 2009
Berliner Volksbank	Bank	10.00	0.00	3.03	10.00	6 days or more	Nationwide	Feb 10, 2009
Ria Envia	MTO	9.00	0.71	3.44	11.35	2 days	Nationwide	Feb 11, 2009
Stadtsparkasse Munchen	Bank	12.00	0.00	3.64	12.01	6 days or more	Nationwide	Feb 10, 2009
Sparkasse KolnBonn	Bank	15.00	0.00	4.55	15.02	6 days or more	Nationwide	Feb 10, 2009
MoneyGram	MTO	21.00	0.00	6.36	20.99	Less than one hour	Nationwide	Feb 11, 2009
Western Union	MTO	26.50	0.00	8.03	26.50	Less than one hour	Nationwide	Feb 11, 2009
HypoVereinsbank	Bank	37.50	0.00	11.36	37.49	6 days or more	Nationwide	Feb 10, 2009
HypoVereinsbank	Bank	37.50	4.67	16.04	52.93	6 days or more	Nationwide	Feb 11, 2009
Bank Average		17.19	0.52	5.73	18.91
MTO Average		18.83	0.24	5.94	19.60
Total Average		17.64	0.44	5.79	19.11
Total Average in 2008		15.50	1.55	6.24	20.59

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Komercijalna Banka	Bank	5.93	-0.51	2.46	4.92	6 days or more	Nationwide	Feb 11, 2009
Ria Envia	MTO	7.41	0.71	4.42	8.84	2 days	Nationwide	Feb 11, 2009
Volksbank Rhein-Ruhr	Bank	11.85	0.00	5.93	11.86	6 days or more	Nationwide	Feb 10, 2009
Postbank	Bank	12.59	0.00	6.30	12.60	3-5 days	Nationwide	Feb 10, 2009
Berliner Volksbank	Bank	14.81	0.00	7.41	14.82	6 days or more	Nationwide	Feb 10, 2009
Stadtsparkasse Munchen	Bank	17.78	0.00	8.89	17.78	6 days or more	Nationwide	Feb 10, 2009
MoneyGram	MTO	20.74	0.00	10.37	20.74	Less than one hour	Nationwide	Feb 11, 2009
Western Union	MTO	21.48	0.00	10.74	21.48	Less than one hour	Nationwide	Feb 11, 2009
Sparkasse KolnBonn	Bank	22.22	0.00	11.11	22.22	6 days or more	Nationwide	Feb 10, 2009
HypoVereinsbank	Bank	55.56	0.00	27.78	55.56	6 days or more	Nationwide	Feb 10, 2009
HypoVereinsbank	Bank	55.56	4.67	32.45	64.90	6 days or more	Nationwide	Feb 11, 2009
Bank Average		24.54	0.52	12.79	25.58
MTO Average		16.54	0.24	8.51	17.02
Total Average		22.36	0.44	11.62	23.24
Total Average in 2008		22.22	1.55	12.66	25.32

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Komercijalna Banka	Bank	13.64	-0.51	2.22	11.10	6 days or more	Nationwide	Feb 11, 2009
Volksbank Rhein-Ruhr	Bank	12.12	0.00	2.42	12.10	6 days or more	Nationwide	Feb 10, 2009
Postbank	Bank	12.88	0.00	2.58	12.90	3-5 days	Nationwide	Feb 10, 2009
Berliner Volksbank	Bank	15.15	0.00	3.03	15.15	6 days or more	Nationwide	Feb 10, 2009
Ria Envia	MTO	13.64	0.71	3.44	17.20	2 days	Nationwide	Feb 11, 2009
Stadtsparkasse Munchen	Bank	18.18	0.00	3.64	18.20	6 days or more	Nationwide	Feb 10, 2009
Sparkasse KolnBonn	Bank	22.73	0.00	4.55	22.75	6 days or more	Nationwide	Feb 10, 2009
MoneyGram	MTO	31.82	0.00	6.36	31.80	Less than one hour	Nationwide	Feb 11, 2009
Western Union	MTO	40.15	0.00	8.03	40.15	Less than one hour	Nationwide	Feb 11, 2009
HypoVereinsbank	Bank	56.82	0.00	11.36	56.80	6 days or more	Nationwide	Feb 10, 2009
HypoVereinsbank	Bank	56.82	4.67	16.04	80.20	6 days or more	Nationwide	Feb 11, 2009
Bank Average		26.04	0.52	5.73	28.65
MTO Average		28.54	0.24	5.94	29.70
Total Average		26.72	0.44	5.79	28.95
Total Average in 2008		23.48	1.55	6.24	31.20

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Komercijalna Banka	Bank	5.00	0.78	4.49	6.06	7-10 days	-	May 20, 2008
Ria Envia	MTO	7.50	0.64	6.19	8.36	Up to 2 days	-	May 20, 2008
HypoVereinsbank	Bank	32.50	3.22	27.29	36.84	7-10 days	-	May 20, 2008
Bank Average		18.75	2.00	15.89	21.45
MTO Average		7.50	0.64	6.19	8.36
Total Average		15.00	1.55	12.66	17.09
First Quarter 2009		15.09	0.44	11.62	15.69

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Komercijalna Banka	Bank	5.00	0.78	2.30	7.59	7-10 days	-	May 20, 2008
Ria Envia	MTO	9.00	0.64	3.37	11.12	Up to 2 days	-	May 20, 2008
HypoVereinsbank	Bank	32.50	3.22	13.07	43.13	7-10 days	-	May 20, 2008
Bank Average		18.75	2.00	7.68	25.34
MTO Average		9.00	0.64	3.37	11.12
Total Average		15.50	1.55	6.24	20.59
First Quarter 2009		17.64	0.44	5.79	19.11

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Komercijalna Banka	Bank	7.41	0.78	4.49	8.98	7-10 days	-	May 20, 2008
Ria Envia	MTO	11.11	0.64	6.19	12.38	Up to 2 days	-	May 20, 2008
HypoVereinsbank	Bank	48.15	3.22	27.29	54.58	7-10 days	-	May 20, 2008
Bank Average		27.78	2.00	15.89	31.78
MTO Average		11.11	0.64	6.19	12.38
Total Average		22.22	1.55	12.66	25.32
First Quarter 2009		22.36	0.44	11.62	23.24

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Komercijalna Banka	Bank	7.58	0.78	2.30	11.50	7-10 days	-	May 20, 2008
Ria Envia	MTO	13.64	0.64	3.37	16.85	Up to 2 days	-	May 20, 2008
HypoVereinsbank	Bank	49.24	3.22	13.07	65.35	7-10 days	-	May 20, 2008
Bank Average		28.41	2.00	7.68	38.40
MTO Average		13.64	0.64	3.37	16.85
Total Average		23.48	1.55	6.24	31.20
First Quarter 2009		26.72	0.44	5.79	28.95

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