Bosnia and Herzegovina - Transaction costs

Average transaction cost of sending remittances to a specific country (%)

Average transaction cost of sending remittances to a specific country (%) in Bosnia and Herzegovina was 7.27 as of 2020. Its highest value over the past 9 years was 13.93 in 2011, while its lowest value was 6.50 in 2017.

Definition: Average transaction cost of sending remittance to a specific country is the average of the total transaction cost in percentage of the amount sent for sending USD 200 charged by each single remittance service provider (RSP) included in the Remittance Prices Worldwide (RPW) database to a specific country.

Source: World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org

See also:

Year Value
2011 13.93
2012 10.42
2013 12.35
2014 8.27
2015 7.28
2016 9.27
2017 6.50
2018 6.90
2019 7.57
2020 7.27

Classification

Topic: Financial Sector Indicators

Sub-Topic: Access