Remitting from Italy to Romania

The following table shows how much it costs to remit money from Italy To Romania. 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

See prices in EUR | USD

140350

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Banca Monte dei Paschi di Siena	Bank	0.00	0.00	0.00	0.00	3-5 days	Nationwide	Aug 08, 2009
Moneybookers	MTO	2.30	0.00	1.64	2.30	Less than one hour	Nationwide	Aug 08, 2009
Unicredit Banca	Bank	4.20	0.00	3.00	4.20	Next day	Nationwide	Aug 08, 2009
Banca Monte dei Paschi di Siena	Bank	5.50	0.00	3.93	5.50	3-5 days	Nationwide	Aug 08, 2009
TransFast	MTO	6.00	0.00	4.29	6.01	Next day	Nationwide	Aug 08, 2009
Transfer Rapid	MTO	6.58	0.00	4.70	6.58	3-5 days	Nationwide	Aug 08, 2009
Unicredit Banca	Bank	7.50	0.00	5.36	7.50	Next day	Nationwide	Aug 08, 2009
Ria	MTO	10.00	0.00	7.14	10.00	Less than one hour	Nationwide	Aug 08, 2009
Smith & Smith	MTO	10.00	0.00	7.14	10.00	Less than one hour	Nationwide	Aug 08, 2009
Coinstar	MTO	11.00	0.00	7.86	11.00	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	11.50	0.00	8.21	11.49	3-5 days	Nationwide	Aug 08, 2009
iKobo	MTO	11.50	0.00	8.21	11.49	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	16.50	0.00	11.79	16.51	3-5 days	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	17.50	0.00	12.50	17.50	3-5 days	Nationwide	Aug 08, 2009
MoneyGram	MTO	18.00	0.00	12.86	18.00	Less than one hour	Nationwide	Aug 08, 2009
MoneyGram via Poste Italiane	MTO/Post office	18.00	0.00	12.86	18.00	Less than one hour	Nationwide	Aug 08, 2009
Western Union	MTO	19.00	0.00	13.57	19.00	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	22.50	0.00	16.07	22.50	3-5 days	Nationwide	Aug 08, 2009
Bank Average		10.65	0.00	7.61	10.65
MTO Average		10.49	0.00	7.49	10.49
MTO/Post office Average		18.00	0.00	12.86	18.00
Total Average		10.98	0.00	7.84	10.98
Total Average in First Quarter 2009		9.61	0.00	7.12	9.97

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Moneybookers	MTO	2.30	0.00	0.66	2.31	Less than one hour	Nationwide	Aug 08, 2009
Unicredit Banca	Bank	4.20	0.00	1.20	4.20	Next day	Nationwide	Aug 08, 2009
Banca Monte dei Paschi di Siena	Bank	5.50	0.00	1.57	5.50	3-5 days	Nationwide	Aug 08, 2009
Banca Monte dei Paschi di Siena	Bank	5.50	0.00	1.57	5.50	3-5 days	Nationwide	Aug 08, 2009
Unicredit Banca	Bank	7.50	0.00	2.14	7.49	Next day	Nationwide	Aug 08, 2009
Ria	MTO	10.00	0.00	2.86	10.01	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	11.50	0.00	3.29	11.52	3-5 days	Nationwide	Aug 08, 2009
Smith & Smith	MTO	12.00	0.00	3.43	12.00	Less than one hour	Nationwide	Aug 08, 2009
TransFast	MTO	14.00	0.00	4.00	14.00	Next day	Nationwide	Aug 08, 2009
Coinstar	MTO	15.00	0.00	4.29	15.02	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	16.50	0.00	4.71	16.48	3-5 days	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	17.50	0.00	5.00	17.50	3-5 days	Nationwide	Aug 08, 2009
iKobo	MTO	21.25	0.00	6.07	21.24	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	22.50	0.00	6.43	22.50	3-5 days	Nationwide	Aug 08, 2009
Transfer Rapid	MTO	22.75	0.00	6.50	22.75	3-5 days	Nationwide	Aug 08, 2009
MoneyGram	MTO	23.50	0.00	6.71	23.48	Less than one hour	Nationwide	Aug 08, 2009
MoneyGram via Poste Italiane	MTO/Post office	23.50	0.00	6.71	23.48	Less than one hour	Nationwide	Aug 08, 2009
Western Union	MTO	24.50	0.00	7.00	24.50	Less than one hour	Nationwide	Aug 08, 2009
Bank Average		11.34	0.00	3.24	11.34
MTO Average		16.14	0.00	4.61	16.14
MTO/Post office Average		23.50	0.00	6.71	23.48
Total Average		14.42	0.00	4.12	14.42
Total Average in First Quarter 2009		13.55	0.00	4.11	14.38

Corridor note

In this corridor all RSPs send EUR. At the point of collection, the money may be paid out in EUR or converted to the local currency. Remittance recipients may incur an additional cost (not shown here) if and when converting the EUR to the local currency.

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Banca Monte dei Paschi di Siena	Bank	0.00	0.00	0.00	0.00	3-5 days	Nationwide	Aug 08, 2009
Moneybookers	MTO	3.29	0.00	1.64	3.28	Less than one hour	Nationwide	Aug 08, 2009
Unicredit Banca	Bank	6.00	0.00	3.00	6.00	Next day	Nationwide	Aug 08, 2009
Banca Monte dei Paschi di Siena	Bank	7.86	0.00	3.93	7.86	3-5 days	Nationwide	Aug 08, 2009
TransFast	MTO	8.57	0.00	4.29	8.58	Next day	Nationwide	Aug 08, 2009
Transfer Rapid	MTO	9.40	0.00	4.70	9.40	3-5 days	Nationwide	Aug 08, 2009
Unicredit Banca	Bank	10.71	0.00	5.36	10.72	Next day	Nationwide	Aug 08, 2009
Ria	MTO	14.29	0.00	7.14	14.28	Less than one hour	Nationwide	Aug 08, 2009
Smith & Smith	MTO	14.29	0.00	7.14	14.28	Less than one hour	Nationwide	Aug 08, 2009
Coinstar	MTO	15.71	0.00	7.86	15.72	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	16.43	0.00	8.21	16.42	3-5 days	Nationwide	Aug 08, 2009
iKobo	MTO	16.43	0.00	8.21	16.42	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	23.57	0.00	11.79	23.58	3-5 days	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	25.00	0.00	12.50	25.00	3-5 days	Nationwide	Aug 08, 2009
MoneyGram	MTO	25.71	0.00	12.86	25.72	Less than one hour	Nationwide	Aug 08, 2009
MoneyGram via Poste Italiane	MTO/Post office	25.71	0.00	12.86	25.72	Less than one hour	Nationwide	Aug 08, 2009
Western Union	MTO	27.14	0.00	13.57	27.14	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	32.14	0.00	16.07	32.14	3-5 days	Nationwide	Aug 08, 2009
Bank Average		15.21	0.00	7.61	15.22
MTO Average		14.98	0.00	7.49	14.98
MTO/Post office Average		25.71	0.00	12.86	25.72
Total Average		15.68	0.00	7.84	15.68
Total Average in First Quarter 2009		14.03	0.00	7.02	14.04

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Moneybookers	MTO	3.29	0.00	0.66	3.30	Less than one hour	Nationwide	Aug 08, 2009
Unicredit Banca	Bank	6.00	0.00	1.20	6.00	Next day	Nationwide	Aug 08, 2009
Banca Monte dei Paschi di Siena	Bank	7.86	0.00	1.57	7.85	3-5 days	Nationwide	Aug 08, 2009
Banca Monte dei Paschi di Siena	Bank	7.86	0.00	1.57	7.85	3-5 days	Nationwide	Aug 08, 2009
Unicredit Banca	Bank	10.71	0.00	2.14	10.70	Next day	Nationwide	Aug 08, 2009
Ria	MTO	14.29	0.00	2.86	14.30	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	16.43	0.00	3.29	16.45	3-5 days	Nationwide	Aug 08, 2009
Smith & Smith	MTO	17.14	0.00	3.43	17.15	Less than one hour	Nationwide	Aug 08, 2009
TransFast	MTO	20.00	0.00	4.00	20.00	Next day	Nationwide	Aug 08, 2009
Coinstar	MTO	21.43	0.00	4.29	21.45	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	23.57	0.00	4.71	23.55	3-5 days	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	25.00	0.00	5.00	25.00	3-5 days	Nationwide	Aug 08, 2009
iKobo	MTO	30.36	0.00	6.07	30.35	Less than one hour	Nationwide	Aug 08, 2009
Banca Intesa SanPaolo	Bank	32.14	0.00	6.43	32.15	3-5 days	Nationwide	Aug 08, 2009
Transfer Rapid	MTO	32.50	0.00	6.50	32.50	3-5 days	Nationwide	Aug 08, 2009
MoneyGram	MTO	33.57	0.00	6.71	33.55	Less than one hour	Nationwide	Aug 08, 2009
MoneyGram via Poste Italiane	MTO/Post office	33.57	0.00	6.71	33.55	Less than one hour	Nationwide	Aug 08, 2009
Western Union	MTO	35.00	0.00	7.00	35.00	Less than one hour	Nationwide	Aug 08, 2009
Bank Average		16.20	0.00	3.24	16.20
MTO Average		23.06	0.00	4.61	23.05
MTO/Post office Average		33.57	0.00	6.71	33.55
Total Average		20.60	0.00	4.12	20.60
Total Average in First Quarter 2009		20.53	0.00	4.11	20.55

Corridor note

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
INTESASANPAOLO - non a/c holder to non a/c holder	Bank	3.50	0.00	2.59	3.50	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO BANK - non a/c holder to a/c holder	Bank	3.50	0.00	2.59	3.50	3-5 days	Nationwide	Feb 19, 2009
TransFast	MTO	5.40	0.00	4.00	5.40	Next day	Nationwide	Feb 19, 2009
INTESASANPAOLO - a/c holder account to non a/c account holder	Bank	8.50	0.00	6.30	8.51	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO - a/c holder to a/c holder	Bank	8.50	0.00	6.30	8.51	3-5 days	Nationwide	Feb 19, 2009
Coinstar	MTO	10.00	0.00	7.41	10.00	Less than one hour	Nationwide	Feb 19, 2009
Poste Italiane	Bank/Post office	10.33	0.00	7.65	10.33	3-5 days	Nationwide	Feb 19, 2009
RiaEnvia	MTO	11.00	0.00	8.15	11.00	Less than one hour	Nationwide	Feb 19, 2009
MoneyGram	MTO	13.50	0.00	10.00	13.50	Less than one hour	Nationwide	Feb 19, 2009
Western Union	MTO	13.50	0.00	10.00	13.50	Less than one hour	Nationwide	Feb 19, 2009
MoneyGram via Poste Italiane	MTO/Post office	18.00	0.00	13.33	18.00	Less than one hour	Nationwide	Feb 19, 2009
Bank Average		6.00	0.00	4.44	5.99
Bank/Post office Average		10.33	0.00	7.65	10.33
MTO Average		10.68	0.00	7.91	10.68
MTO/Post office Average		18.00	0.00	13.33	18.00
Total Average		9.61	0.00	7.12	9.61
Total Average in 2008		10.12	0.00	7.49	10.11

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
INTESASANPAOLO - non a/c holder to non a/c holder	Bank	3.50	0.00	1.06	3.50	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO BANK - non a/c holder to a/c holder	Bank	3.50	0.00	1.06	3.50	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO - a/c holder account to non a/c account holder	Bank	8.50	0.00	2.58	8.51	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO - a/c holder to a/c holder	Bank	8.50	0.00	2.58	8.51	3-5 days	Nationwide	Feb 19, 2009
Poste Italiane	Bank/Post office	10.33	0.00	3.13	10.33	3-5 days	Nationwide	Feb 19, 2009
TransFast	MTO	13.20	0.00	4.00	13.20	Next day	Nationwide	Feb 19, 2009
RiaEnvia	MTO	15.00	0.00	4.55	15.02	Less than one hour	Nationwide	Feb 19, 2009
Coinstar	MTO	16.00	0.00	4.85	16.00	Less than one hour	Nationwide	Feb 19, 2009
MoneyGram	MTO	23.50	0.00	7.12	23.50	Less than one hour	Nationwide	Feb 19, 2009
MoneyGram via Poste Italiane	MTO/Post office	23.50	0.00	7.12	23.50	Less than one hour	Nationwide	Feb 19, 2009
Western Union	MTO	23.50	0.00	7.12	23.50	Less than one hour	Nationwide	Feb 19, 2009
Bank Average		6.00	0.00	1.82	6.01
Bank/Post office Average		10.33	0.00	3.13	10.33
MTO Average		18.24	0.00	5.53	18.25
MTO/Post office Average		23.50	0.00	7.12	23.50
Total Average		13.55	0.00	4.11	13.56
Total Average in 2008		16.92	0.00	5.13	16.93

Corridor note

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
INTESASANPAOLO - non a/c holder to non a/c holder	Bank	5.19	0.00	2.59	5.18	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO BANK - non a/c holder to a/c holder	Bank	5.19	0.00	2.59	5.18	3-5 days	Nationwide	Feb 19, 2009
TransFast	MTO	8.00	0.00	4.00	8.00	Next day	Nationwide	Feb 19, 2009
INTESASANPAOLO - a/c holder account to non a/c account holder	Bank	12.59	0.00	6.30	12.60	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO - a/c holder to a/c holder	Bank	12.59	0.00	6.30	12.60	3-5 days	Nationwide	Feb 19, 2009
Coinstar	MTO	14.81	0.00	7.41	14.82	Less than one hour	Nationwide	Feb 19, 2009
Poste Italiane	Bank/Post office	15.30	0.00	7.65	15.30	3-5 days	Nationwide	Feb 19, 2009
MoneyGram	MTO	20.00	0.00	10.00	20.00	Less than one hour	Nationwide	Feb 19, 2009
Western Union	MTO	20.00	0.00	10.00	20.00	Less than one hour	Nationwide	Feb 19, 2009
MoneyGram via Poste Italiane	MTO/Post office	26.67	0.00	13.33	26.66	Less than one hour	Nationwide	Feb 19, 2009
Bank Average		8.89	0.00	4.44	8.88
Bank/Post office Average		15.30	0.00	7.65	15.30
MTO Average		15.70	0.00	7.85	15.70
MTO/Post office Average		26.67	0.00	13.33	26.66
Total Average		14.03	0.00	7.02	14.04
Total Average in 2008		14.99	0.00	7.49	14.98

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
INTESASANPAOLO - non a/c holder to non a/c holder	Bank	5.30	0.00	1.06	5.30	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO BANK - non a/c holder to a/c holder	Bank	5.30	0.00	1.06	5.30	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO - a/c holder account to non a/c account holder	Bank	12.88	0.00	2.58	12.90	3-5 days	Nationwide	Feb 19, 2009
INTESASANPAOLO - a/c holder to a/c holder	Bank	12.88	0.00	2.58	12.90	3-5 days	Nationwide	Feb 19, 2009
Poste Italiane	Bank/Post office	15.65	0.00	3.13	15.65	3-5 days	Nationwide	Feb 19, 2009
TransFast	MTO	20.00	0.00	4.00	20.00	Next day	Nationwide	Feb 19, 2009
RiaEnvia	MTO	22.73	0.00	4.55	22.75	Less than one hour	Nationwide	Feb 19, 2009
Coinstar	MTO	24.24	0.00	4.85	24.25	Less than one hour	Nationwide	Feb 19, 2009
MoneyGram	MTO	35.61	0.00	7.12	35.60	Less than one hour	Nationwide	Feb 19, 2009
MoneyGram via Poste Italiane	MTO/Post office	35.61	0.00	7.12	35.60	Less than one hour	Nationwide	Feb 19, 2009
Western Union	MTO	35.61	0.00	7.12	35.60	Less than one hour	Nationwide	Feb 19, 2009
Bank Average		9.09	0.00	1.82	9.10
Bank/Post office Average		15.65	0.00	3.13	15.65
MTO Average		27.64	0.00	5.53	27.65
MTO/Post office Average		35.61	0.00	7.12	35.60
Total Average		20.53	0.00	4.11	20.55
Total Average in 2008		25.64	0.00	5.13	25.65

Corridor note

135330

				Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
TransFast	MTO	3.90	0.00	2.89	3.90	3 days	-	May 23, 2008
Poste Italiane	Bank/Post office	5.16	0.00	3.82	5.16	3-4 days	-	May 23, 2008
Paydaq	MTO	5.75	0.00	4.26	5.75	2 days	-	May 23, 2008
MoneyGram	MTO	13.50	0.00	10.00	13.50	Instant	-	May 23, 2008
MoneyGram via Poste Italiane	MTO/Post office	13.50	0.00	10.00	13.50	Instant	-	May 23, 2008
Coinstar	MTO	14.50	0.00	10.74	14.50	24 hours	-	May 23, 2008
Western Union	MTO	14.50	0.00	10.74	14.50	Instant	-	May 23, 2008
Bank/Post office Average		5.16	0.00	3.82	5.16
MTO Average		10.43	0.00	7.73	10.44
MTO/Post office Average		13.50	0.00	10.00	13.50
Total Average		10.12	0.00	7.49	10.11
First Quarter 2009		9.61	0.00	7.12	9.61

	Total cost
Firm name	Firm type	Fee (EUR)	Exchange rate margin (%)	Percent (%)	EUR	Transfer speed	Network Coverage	Date
Poste Italiane	Bank/Post office	5.16	0.00	1.56	5.15	3-4 days	-	May 23, 2008
TransFast	MTO	9.75	0.00	2.95	9.74	3 days	-	May 23, 2008
Paydaq	MTO	10.63	0.00	3.22	10.63	2 days	-	May 23, 2008
MoneyGram	MTO	22.40	0.00	6.79	22.41	Instant	-	May 23, 2008
MoneyGram via Poste Italiane	MTO/Post office	22.50	0.00	6.82	22.51	Instant	-	May 23, 2008
Western Union	MTO	23.50	0.00	7.12	23.50	Instant	-	May 23, 2008
Coinstar	MTO	24.50	0.00	7.42	24.49	24 hours	-	May 23, 2008
Bank/Post office Average		5.16	0.00	1.56	5.15
MTO Average		18.16	0.00	5.50	18.15
MTO/Post office Average		22.50	0.00	6.82	22.51
Total Average		16.92	0.00	5.13	16.93
First Quarter 2009		13.55	0.00	4.11	13.56

Corridor note

Money is sent in Euro and paid out in Euro.Remittance recipients may incur an additional cost (not shown here) if and when converting the Euro to the local currency.

Banks are able to send money internationally for their account holders only.

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
TransFast	MTO	5.78	0.00	2.89	5.78	3 days	-	May 23, 2008
Poste Italiane	Bank/Post office	7.64	0.00	3.82	7.64	3-4 days	-	May 23, 2008
Paydaq	MTO	8.52	0.00	4.26	8.52	2 days	-	May 23, 2008
MoneyGram	MTO	20.00	0.00	10.00	20.00	Instant	-	May 23, 2008
MoneyGram via Poste Italiane	MTO/Post office	20.00	0.00	10.00	20.00	Instant	-	May 23, 2008
Coinstar	MTO	21.48	0.00	10.74	21.48	24 hours	-	May 23, 2008
Western Union	MTO	21.48	0.00	10.74	21.48	Instant	-	May 23, 2008
Bank/Post office Average		7.64	0.00	3.82	7.64
MTO Average		15.45	0.00	7.73	15.46
MTO/Post office Average		20.00	0.00	10.00	20.00
Total Average		14.99	0.00	7.49	14.98
First Quarter 2009		14.03	0.00	7.02	14.04

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
Poste Italiane	Bank/Post office	7.82	0.00	1.56	7.80	3-4 days	-	May 23, 2008
TransFast	MTO	14.77	0.00	2.95	14.75	3 days	-	May 23, 2008
Paydaq	MTO	16.11	0.00	3.22	16.10	2 days	-	May 23, 2008
MoneyGram	MTO	33.94	0.00	6.79	33.95	Instant	-	May 23, 2008
MoneyGram via Poste Italiane	MTO/Post office	34.09	0.00	6.82	34.10	Instant	-	May 23, 2008
Western Union	MTO	35.61	0.00	7.12	35.60	Instant	-	May 23, 2008
Coinstar	MTO	37.12	0.00	7.42	37.10	24 hours	-	May 23, 2008
Bank/Post office Average		7.82	0.00	1.56	7.80
MTO Average		27.51	0.00	5.50	27.50
MTO/Post office Average		34.09	0.00	6.82	34.10
Total Average		25.64	0.00	5.13	25.65
First Quarter 2009		20.53	0.00	4.11	20.55

Corridor note

Money is sent in Euro and paid out in Euro.Remittance recipients may incur an additional cost (not shown here) if and when converting the Euro to the local currency.

Banks are able to send money internationally for their account holders only.

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