Remitting from Italy to Serbia

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

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	Major cities	Aug 07, 2009
Moneybookers	MTO	2.30	2.52	4.16	5.82	Less than one hour	Nationwide	Aug 07, 2009
Poste Italiane	Bank/Post office	10.33	0.00	7.38	10.33	3-5 days	Nationwide	Aug 07, 2009
iKobo	MTO	11.50	0.00	8.21	11.49	Less than one hour	Nationwide	Aug 07, 2009
Unicredit Banca	Bank	11.50	0.00	8.21	11.49	3-5 days	Major cities	Aug 07, 2009
Banca Intesa SanPaolo	Bank	12.60	0.00	9.00	12.60	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	14.10	0.00	10.07	14.10	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	14.60	0.00	10.43	14.60	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	16.10	0.00	11.50	16.10	3-5 days	Nationwide	Aug 07, 2009
Unicredit Banca	Bank	17.50	0.00	12.50	17.50	3-5 days	Major cities	Aug 07, 2009
MoneyGram	MTO	18.00	0.00	12.86	18.00	Less than one hour	Nationwide	Aug 07, 2009
Western Union	MTO	19.00	0.00	13.57	19.00	Less than one hour	Nationwide	Aug 07, 2009
Banca Monte dei Paschi di Siena	Bank	21.00	0.00	15.00	21.00	3-5 days	Major cities	Aug 07, 2009
Bank Average		13.42	0.00	9.59	13.43
Bank/Post office Average		10.33	0.00	7.38	10.33
MTO Average		12.70	0.63	9.70	13.58
Total Average		12.96	0.19	9.45	13.23
Total Average in First Quarter 2009		9.60	0.00	7.11	9.95

	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	5.50	0.00	1.57	5.50	3-5 days	Major cities	Aug 07, 2009
Poste Italiane	Bank/Post office	10.33	0.00	2.95	10.32	3-5 days	Nationwide	Aug 07, 2009
Moneybookers	MTO	2.30	2.52	3.18	11.13	Less than one hour	Nationwide	Aug 07, 2009
Unicredit Banca	Bank	11.50	0.00	3.29	11.52	3-5 days	Major cities	Aug 07, 2009
Banca Intesa SanPaolo	Bank	12.60	0.00	3.60	12.60	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	14.10	0.00	4.03	14.10	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	14.60	0.00	4.17	14.60	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	16.10	0.00	4.60	16.10	3-5 days	Nationwide	Aug 07, 2009
Unicredit Banca	Bank	17.50	0.00	5.00	17.50	3-5 days	Major cities	Aug 07, 2009
Banca Monte dei Paschi di Siena	Bank	21.00	0.00	6.00	21.00	3-5 days	Major cities	Aug 07, 2009
iKobo	MTO	21.25	0.00	6.07	21.24	Less than one hour	Nationwide	Aug 07, 2009
MoneyGram	MTO	23.50	0.00	6.71	23.48	Less than one hour	Nationwide	Aug 07, 2009
Western Union	MTO	24.50	0.00	7.00	24.50	Less than one hour	Nationwide	Aug 07, 2009
Bank Average		14.11	0.00	4.03	14.10
Bank/Post office Average		10.33	0.00	2.95	10.32
MTO Average		17.89	0.63	5.74	20.09
Total Average		14.98	0.19	4.47	15.64
Total Average in First Quarter 2009		11.82	0.00	3.58	12.53

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	Major cities	Aug 07, 2009
Moneybookers	MTO	3.29	2.52	4.16	8.32	Less than one hour	Nationwide	Aug 07, 2009
Poste Italiane	Bank/Post office	14.76	0.00	7.38	14.76	3-5 days	Nationwide	Aug 07, 2009
iKobo	MTO	16.43	0.00	8.21	16.42	Less than one hour	Nationwide	Aug 07, 2009
Unicredit Banca	Bank	16.43	0.00	8.21	16.42	3-5 days	Major cities	Aug 07, 2009
Banca Intesa SanPaolo	Bank	18.00	0.00	9.00	18.00	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	20.14	0.00	10.07	20.14	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	20.86	0.00	10.43	20.86	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	23.00	0.00	11.50	23.00	3-5 days	Nationwide	Aug 07, 2009
Unicredit Banca	Bank	25.00	0.00	12.50	25.00	3-5 days	Major cities	Aug 07, 2009
MoneyGram	MTO	25.71	0.00	12.86	25.72	Less than one hour	Nationwide	Aug 07, 2009
Western Union	MTO	27.14	0.00	13.57	27.14	Less than one hour	Nationwide	Aug 07, 2009
Banca Monte dei Paschi di Siena	Bank	30.00	0.00	15.00	30.00	3-5 days	Major cities	Aug 07, 2009
Bank Average		19.18	0.00	9.59	19.18
Bank/Post office Average		14.76	0.00	7.38	14.76
MTO Average		18.14	0.63	9.70	19.40
Total Average		18.52	0.19	9.45	18.90
Total Average in First Quarter 2009		14.23	0.00	7.11	14.22

	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	7.86	0.00	1.57	7.85	3-5 days	Major cities	Aug 07, 2009
Poste Italiane	Bank/Post office	14.76	0.00	2.95	14.75	3-5 days	Nationwide	Aug 07, 2009
Moneybookers	MTO	3.29	2.52	3.18	15.90	Less than one hour	Nationwide	Aug 07, 2009
Unicredit Banca	Bank	16.43	0.00	3.29	16.45	3-5 days	Major cities	Aug 07, 2009
Banca Intesa SanPaolo	Bank	18.00	0.00	3.60	18.00	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	20.14	0.00	4.03	20.15	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	20.86	0.00	4.17	20.85	3-5 days	Nationwide	Aug 07, 2009
Banca Intesa SanPaolo	Bank	23.00	0.00	4.60	23.00	3-5 days	Nationwide	Aug 07, 2009
Unicredit Banca	Bank	25.00	0.00	5.00	25.00	3-5 days	Major cities	Aug 07, 2009
Banca Monte dei Paschi di Siena	Bank	30.00	0.00	6.00	30.00	3-5 days	Major cities	Aug 07, 2009
iKobo	MTO	30.36	0.00	6.07	30.35	Less than one hour	Nationwide	Aug 07, 2009
MoneyGram	MTO	33.57	0.00	6.71	33.55	Less than one hour	Nationwide	Aug 07, 2009
Western Union	MTO	35.00	0.00	7.00	35.00	Less than one hour	Nationwide	Aug 07, 2009
Bank Average		20.16	0.00	4.03	20.15
Bank/Post office Average		14.76	0.00	2.95	14.75
MTO Average		25.55	0.63	5.74	28.70
Total Average		21.40	0.19	4.47	22.35
Total Average in First Quarter 2009		17.91	0.00	3.58	17.90

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	5.60	0.00	4.15	5.60	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO BANK - non a/c holder to a/c holder	Bank	5.60	0.00	4.15	5.60	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO - a/c holder account to non a/c account holder	Bank	7.10	0.00	5.26	7.10	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO - a/c holder to a/c holder	Bank	7.10	0.00	5.26	7.10	3-5 days	Nationwide	Feb 17, 2009
Poste Italiane	Bank/Post office	10.33	0.00	7.65	10.33	3-5 days	Nationwide	Feb 17, 2009
Western Union	MTO	13.50	0.00	10.00	13.50	Less than one hour	Nationwide	Feb 17, 2009
MoneyGram	MTO	18.00	0.00	13.33	18.00	Less than one hour	Nationwide	Feb 17, 2009
Bank Average		6.35	0.00	4.70	6.34
Bank/Post office Average		10.33	0.00	7.65	10.33
MTO Average		15.75	0.00	11.67	15.75
Total Average		9.60	0.00	7.11	9.60
Total Average in 2008		12.89	0.00	9.55	12.89

	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	5.60	0.00	1.70	5.61	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO BANK - non a/c holder to a/c holder	Bank	5.60	0.00	1.70	5.61	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO - a/c holder account to non a/c account holder	Bank	7.10	0.00	2.15	7.10	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO - a/c holder to a/c holder	Bank	7.10	0.00	2.15	7.10	3-5 days	Nationwide	Feb 17, 2009
Poste Italiane	Bank/Post office	10.33	0.00	3.13	10.33	3-5 days	Nationwide	Feb 17, 2009
MoneyGram	MTO	23.50	0.00	7.12	23.50	Less than one hour	Nationwide	Feb 17, 2009
Western Union	MTO	23.50	0.00	7.12	23.50	Less than one hour	Nationwide	Feb 17, 2009
Bank Average		6.35	0.00	1.92	6.34
Bank/Post office Average		10.33	0.00	3.13	10.33
MTO Average		23.50	0.00	7.12	23.50
Total Average		11.82	0.00	3.58	11.81
Total Average in 2008		17.55	0.00	5.32	17.56

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	8.30	0.00	4.15	8.30	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO BANK - non a/c holder to a/c holder	Bank	8.30	0.00	4.15	8.30	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO - a/c holder account to non a/c account holder	Bank	10.52	0.00	5.26	10.52	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO - a/c holder to a/c holder	Bank	10.52	0.00	5.26	10.52	3-5 days	Nationwide	Feb 17, 2009
Poste Italiane	Bank/Post office	15.30	0.00	7.65	15.30	3-5 days	Nationwide	Feb 17, 2009
Western Union	MTO	20.00	0.00	10.00	20.00	Less than one hour	Nationwide	Feb 17, 2009
MoneyGram	MTO	26.67	0.00	13.33	26.66	Less than one hour	Nationwide	Feb 17, 2009
Bank Average		9.41	0.00	4.70	9.40
Bank/Post office Average		15.30	0.00	7.65	15.30
MTO Average		23.33	0.00	11.67	23.34
Total Average		14.23	0.00	7.11	14.22
Total Average in 2008		19.09	0.00	9.55	19.10

	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	8.48	0.00	1.70	8.50	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO BANK - non a/c holder to a/c holder	Bank	8.48	0.00	1.70	8.50	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO - a/c holder account to non a/c account holder	Bank	10.76	0.00	2.15	10.75	3-5 days	Nationwide	Feb 17, 2009
INTESASANPAOLO - a/c holder to a/c holder	Bank	10.76	0.00	2.15	10.75	3-5 days	Nationwide	Feb 17, 2009
Poste Italiane	Bank/Post office	15.65	0.00	3.13	15.65	3-5 days	Nationwide	Feb 17, 2009
MoneyGram	MTO	35.61	0.00	7.12	35.60	Less than one hour	Nationwide	Feb 17, 2009
Western Union	MTO	35.61	0.00	7.12	35.60	Less than one hour	Nationwide	Feb 17, 2009
Bank Average		9.62	0.00	1.92	9.60
Bank/Post office Average		15.65	0.00	3.13	15.65
MTO Average		35.61	0.00	7.12	35.60
Total Average		17.91	0.00	3.58	17.90
Total Average in 2008		26.60	0.00	5.32	26.60

Corridor note

135330

				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	3.82	5.16	3-4 days	-	May 29, 2008
Western Union	MTO	14.50	0.00	10.74	14.50	Instant	-	May 29, 2008
Coinstar Money Transfer	MTO	19.00	0.00	14.07	18.99	24 hours	-	May 29, 2008
Bank/Post office Average		5.16	0.00	3.82	5.16
MTO Average		16.75	0.00	12.41	16.75
Total Average		12.89	0.00	9.55	12.89
First Quarter 2009		9.60	0.00	7.11	9.60

	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 29, 2008
Western Union	MTO	23.50	0.00	7.12	23.50	Instant	-	May 29, 2008
Coinstar Money Transfer	MTO	24.00	0.00	7.27	23.99	24 hours	-	May 29, 2008
Bank/Post office Average		5.16	0.00	1.56	5.15
MTO Average		23.75	0.00	7.20	23.76
Total Average		17.55	0.00	5.32	17.56
First Quarter 2009		11.82	0.00	3.58	11.81

Corridor note

RSPs are not able to quote the amount to be received in local currency. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending.

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
Poste Italiane	Bank/Post office	7.64	0.00	3.82	7.64	3-4 days	-	May 29, 2008
Western Union	MTO	21.48	0.00	10.74	21.48	Instant	-	May 29, 2008
Coinstar Money Transfer	MTO	28.15	0.00	14.07	28.14	24 hours	-	May 29, 2008
Bank/Post office Average		7.64	0.00	3.82	7.64
MTO Average		24.81	0.00	12.41	24.82
Total Average		19.09	0.00	9.55	19.10
First Quarter 2009		14.23	0.00	7.11	14.22

	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 29, 2008
Western Union	MTO	35.61	0.00	7.12	35.60	Instant	-	May 29, 2008
Coinstar Money Transfer	MTO	36.36	0.00	7.27	36.35	24 hours	-	May 29, 2008
Bank/Post office Average		7.82	0.00	1.56	7.80
MTO Average		35.98	0.00	7.20	36.00
Total Average		26.60	0.00	5.32	26.60
First Quarter 2009		17.91	0.00	3.58	17.90

Corridor note

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

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