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Cover of The Germany-Serbia remittance corridor

The Germany-Serbia Remittance Corridor

Challenges of Establishing a Formal Money Transfer System (World Bank Working Papers)

By Jose de Luna-Martinez

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Publish Date

May 31, 2006

Publisher

World Bank Publications

Language

eng

Pages

66

Description:

"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 development impact of remittances, reducing remittances fees, improving data collection practices, and strengthening the regulation and supervision of the money transfer industry."--BOOK JACKET.