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The Germany-Serbia remittance corridor: challenges of establishing a formal money transfer system (English)

This report provides an overview of remittance flows from Germany to Serbia and analyzes why a large part of remittance transfers take place outside financial institutions. The study presents a series of recommendations on needed policy changes to facilitate the transfer of remittance flows from the informal channels to licensed or registered financial institutions, thereby maximizing the developmental impact of remittances, reducing remittances fees...
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Barberis,Corrado; De Luna-Martinez,Jose; Endo,Isaku.

The Germany-Serbia remittance corridor: challenges of establishing a formal money transfer system (English). World Bank working paper series ; No. 80 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/842681468304234178

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