Publication: The Germany-Serbia Remittance Corridor : Challenges of Establishing a Formal Money Transfer System
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Published
2006
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2012-06-04
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Abstract
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, improving data collection practices, and strengthening the regulation and supervision of the money transfer industry.
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โDe Luna Martinez, Josรฉ; Endo, Isaku; Barberis, Corrado. 2006. The Germany-Serbia Remittance Corridor : Challenges of Establishing a Formal Money Transfer System. World Bank Working Paper No. 80. ยฉ World Bank. http://hdl.handle.net/10986/7033 License: CC BY 3.0 IGO.โ
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