Corridor Comparison

Side-by-side metrics for two remittance corridors · World Bank RPW data

Metric Italy → Serbia Italy → Philippines
Corridor Italy → Serbia Italy → Philippines
Average cost 15.30% 5.10%
Cheapest cost 2.85% 0.64%
Cheapest provider Western Union Poste Italiane via Western Union
Providers tracked 7 13
Annual volume - $1.8B
Latest quarter 2025Q1 2025Q1

What the Comparison Shows

The Italy → Serbia corridor currently averages 15.30%, while the Italy → Philippines corridor averages 5.10%. That makes the Italy → Philippines corridor roughly 10.2 percentage points cheaper on average. Cheapest-provider floors tell a similar story: Western Union delivers Serbia at 2.85%, against Poste Italiane via Western Union on the Philippines route at 0.64%.

Comparing corridors is most useful when a sender is choosing between destinations where the recipient has multiple payout options, or when an employer evaluates payroll routes for remote staff. For personal transfers, the practical takeaway is the same on every corridor, shop the cheapest provider, account for both fees and FX margin, and prefer mobile-wallet or bank-deposit payouts where available.

Data source: Source: World Bank Remittance Prices Worldwide (RPW) Database, quarterly release. Costs represent percentage of a $200 transfer amount.

Methodology reference: Source: UN Sustainable Development Goal 10.c target, reduce remittance transaction costs to below 3% by 2030.