How to send money to Serbia from Germany with the best EUR-RSD rate

Regency FX is the best and cheapest service overall. On €7,000 you will get 820,478.78 RSD after fees and the exchange rate.

We’ve compared 5 money transfer companies in more detail below.

Best companies for EUR/RSD transfers

5 of 5 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/RSD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €194.58 1 EUR = 117.5080 RSD +0.02% vs mid-market Recipient gets RSD 799,691.29 Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Serbia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:SWIFT
€194.581 EUR = 117.5080 RSD
RSD 799,691.29You pay€7,000.00
Promoted

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 117.2113 RSD +0.27% vs mid-market Recipient gets RSD 820,478.78 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Serbia with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 117.2113 RSD
RSD 820,478.78You pay€7,000.00

Run a live search

Showing top Germany to Serbia deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €31.60 1 EUR = 116.6570 RSD +0.74% vs mid-market Recipient gets RSD 81,291,284.00 Same day
CheapestFastest
Multi-currency cardReceive to bank account

Ways to receive money in Serbia with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame day
€31.601 EUR = 116.6570 RSD
RSD 81,291,284.00You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €100.00 1 EUR = 116.6570 RSD +0.74% vs mid-market Recipient gets RSD 80,493,350.00 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Serbia with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€100.001 EUR = 116.6570 RSD
RSD 80,493,350.00You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 117.2113 RSD +0.27% vs mid-market Recipient gets RSD 820,478.78 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Serbia with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 117.2113 RSD
RSD 820,478.78You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €3.90 1 EUR = 115.8093 RSD +1.47% vs mid-market Recipient gets RSD 810,665.10 Minutes - 24 hours

Ways to receive money in Serbia with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€3.901 EUR = 115.8093 RSD
RSD 810,665.10You pay€7,003.90
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €3.90 1 EUR = 115.8093 RSD +1.47% vs mid-market Recipient gets RSD 810,665.10 Minutes - 24 hours

Ways to receive money in Serbia with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€3.901 EUR = 115.8093 RSD
RSD 810,665.10You pay€7,003.90
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €3.90 1 EUR = 115.8093 RSD +1.47% vs mid-market Recipient gets RSD 810,665.10 Minutes - 24 hours

Ways to receive money in Serbia with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€3.901 EUR = 115.8093 RSD
RSD 810,665.10You pay€7,003.90

Deutsche Bank

Pay via Bank transfer
Fee €37.05 1 EUR = 114.9502 RSD +2.22% vs mid-market Recipient gets RSD 800,392.50 Minutes - 5 days
0 reviews

Ways to receive money in Serbia with Deutsche Bank when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
€37.051 EUR = 114.9502 RSD
RSD 800,392.50You pay€7,000.00

Wise

Pay via Bank transfer
Fee €194.58 1 EUR = 117.5080 RSD +0.02% vs mid-market Recipient gets RSD 799,691.29 Next day
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Serbia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:SWIFT
€194.581 EUR = 117.5080 RSD
RSD 799,691.29You pay€7,000.00

Wise

Pay via iDEAL
Fee €204.29 1 EUR = 117.5080 RSD +0.02% vs mid-market Recipient gets RSD 798,550.29 Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Serbia with Wise when paying by ideal.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:SWIFT
€204.291 EUR = 117.5080 RSD
RSD 798,550.29You pay€7,000.00

Wise

Pay via Debit card
Fee €247.17 1 EUR = 117.5080 RSD +0.02% vs mid-market Recipient gets RSD 793,511.55 Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Serbia with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:SWIFT
€247.171 EUR = 117.5080 RSD
RSD 793,511.55You pay€7,000.00

Wise

Pay via Credit card
Fee €287.37 1 EUR = 117.5080 RSD +0.02% vs mid-market Recipient gets RSD 788,787.73 Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Serbia with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:SWIFT
€287.371 EUR = 117.5080 RSD
RSD 788,787.73You pay€7,000.00
How Our Results Work
Mid-market rate: 1 EUR = 117.5286 RSD Updates every 60 minutes.

How to send money from Germany to Serbia

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is Regency FX.

Regency FX was the cheapest on 1 of the 29 days it quoted €7,000 transfers to Serbia.

On a 7,000 EUR transfer, Regency FX delivers the most RSD.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/RSD rate.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, credit card, and iDEAL.

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Compare amounts

How much EUR are you sending to Serbia?

How much EUR you send to Serbia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 4% of the transfers from €7,000 it quoted, and in 4% of all the transfers it quoted.

Cheapest service
€1,0000.66%€1.60RSD 11,656,968.00with bank transfer to bank deposit+RSD 10,190,033.20
€5,0000.66%€21.60RSD 58,121,370.00with bank transfer to bank deposit+RSD 48,736,534.47
€7,000This page0.74%€31.60RSD 81,291,284.00with bank transfer to bank deposit+RSD 65,926,007.51
€50,0000.52%€246.60RSD 581,634,550.00with bank transfer to bank deposit+RSD 480,363,513.68

Mid-market rate: 1 EUR = 117.5286 RSD

EUR/RSD Exchange Rate History

Is today a good time to send money from Germany to Serbia?

The cheapest way to send EUR to RSD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 7,000 EUR transfers to Serbia.

RSD received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rateRSD 822,700.07 Revolut RSD 81,291,284.00 Deutsche Bank RSD 800,392.50RevolutRSD 81,291,284.00Regency FXRSD 820,478.78MoneyGramRSD 810,665.10Extra cost of a bankRSD 80,490,891.50

-20M
0
20M
40M
60M
80M
100M
At the mid-market rateWith the cheapest optionWith a bankRevolutRegency FXMoneyGram
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.5322 – RSD 822,725.39
Revolut Cheapest 116.9044 €100.00 RSD 80,664,046.00 +RSD 79,841,320.61
Regency FX 117.2149 €0.00 RSD 820,504.03 −RSD 2,221.36
MoneyGram 115.8241 €3.90 RSD 810,768.70 −RSD 11,956.69
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.5246 – RSD 822,672.20
Revolut Cheapest 116.8746 €100.00 RSD 80,643,456.00 +RSD 79,820,783.80
Regency FX 117.2073 €0.00 RSD 820,450.99 −RSD 2,221.21
MoneyGram 115.7711 €3.90 RSD 810,397.70 −RSD 12,274.50
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.5482 – RSD 822,837.74
Revolut Cheapest 116.8646 €100.00 RSD 80,636,591.00 +RSD 79,813,753.26
Regency FX 117.2309 €0.00 RSD 820,616.08 −RSD 2,221.66
MoneyGram 116.1671 €3.90 RSD 813,169.70 −RSD 9,668.04
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.5540 – RSD 822,878.14
Revolut Cheapest 116.8751 €100.00 RSD 80,643,813.00 +RSD 79,820,934.86
Regency FX 117.2366 €0.00 RSD 820,656.37 −RSD 2,221.77
MoneyGram 115.6176 €3.90 RSD 809,323.20 −RSD 13,554.94
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.6929 – RSD 823,850.62
Revolut Cheapest 116.5783 €170.00 RSD 79,622,993.00 +RSD 78,799,142.39
Regency FX 117.3752 €0.00 RSD 821,626.22 −RSD 2,224.40
MoneyGram 115.9097 €3.90 RSD 811,367.90 −RSD 12,482.71
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4785 – RSD 822,349.34
Revolut Cheapest 116.5666 €170.00 RSD 79,614,986.00 +RSD 78,792,636.66
Regency FX 117.1613 €0.00 RSD 820,129.00 −RSD 2,220.34
MoneyGram 115.9097 €3.90 RSD 811,367.90 −RSD 10,981.44
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4811 – RSD 822,367.66
Revolut Cheapest 116.8149 €100.00 RSD 80,602,271.00 +RSD 79,779,903.34
Regency FX 117.1639 €0.00 RSD 820,147.27 −RSD 2,220.39
MoneyGram 115.9097 €3.90 RSD 811,367.90 −RSD 10,999.76
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4790 – RSD 822,353.17
Revolut Cheapest 116.8049 €100.00 RSD 80,595,408.00 +RSD 79,773,054.83
Regency FX 117.1618 €0.00 RSD 820,132.81 −RSD 2,220.36
MoneyGram 116.1883 €3.90 RSD 813,318.10 −RSD 9,035.07
Deutsche Bank 114.7693 €37.05 RSD 799,133.08 −RSD 23,220.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4209 – RSD 821,946.50
Revolut Cheapest 116.7652 €100.00 RSD 80,567,956.00 +RSD 79,746,009.50
Regency FX 117.1039 €0.00 RSD 819,727.25 −RSD 2,219.25
MoneyGram 116.1936 €3.90 RSD 813,355.20 −RSD 8,591.30
Deutsche Bank 114.7693 €37.05 RSD 799,133.08 −RSD 22,813.42
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3789 – RSD 821,652.27
Revolut Cheapest 116.7453 €100.00 RSD 80,554,228.00 +RSD 79,732,575.74
Regency FX 117.0620 €0.00 RSD 819,433.80 −RSD 2,218.46
MoneyGram 115.5095 €3.90 RSD 808,566.50 −RSD 13,085.77
Deutsche Bank 114.7306 €37.05 RSD 798,863.11 −RSD 22,789.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3851 – RSD 821,695.81
Revolut Cheapest 116.7353 €100.00 RSD 80,547,366.00 +RSD 79,725,670.19
Regency FX 117.0682 €0.00 RSD 819,477.23 −RSD 2,218.58
MoneyGram 115.5750 €3.90 RSD 809,025.00 −RSD 12,670.81
Deutsche Bank 114.7306 €37.05 RSD 798,863.11 −RSD 22,832.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3478 – RSD 821,434.95
Revolut Cheapest 116.4890 €170.00 RSD 79,561,995.00 +RSD 78,740,560.05
Regency FX 117.0310 €0.00 RSD 819,217.08 −RSD 2,217.87
MoneyGram 115.6905 €3.90 RSD 809,833.50 −RSD 11,601.45
Deutsche Bank 114.7145 €37.05 RSD 798,751.33 −RSD 22,683.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3478 – RSD 821,434.95
Revolut Cheapest 116.4890 €170.00 RSD 79,561,995.00 +RSD 78,740,560.05
Regency FX 117.0310 €0.00 RSD 819,217.08 −RSD 2,217.87
MoneyGram 115.6905 €3.90 RSD 809,833.50 −RSD 11,601.45
Deutsche Bank 114.7145 €37.05 RSD 798,751.33 −RSD 22,683.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3807 – RSD 821,665.06
Revolut Cheapest 116.7348 €100.00 RSD 80,547,004.00 +RSD 79,725,338.94
Regency FX 117.0638 €0.00 RSD 819,446.57 −RSD 2,218.49
MoneyGram 115.6905 €3.90 RSD 809,833.50 −RSD 11,831.56
Deutsche Bank 114.7125 €37.05 RSD 798,737.72 −RSD 22,927.34
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4170 – RSD 821,919.25
Revolut Cheapest 116.7447 €100.00 RSD 80,553,866.00 +RSD 79,731,946.76
Regency FX 117.1000 €0.00 RSD 819,700.06 −RSD 2,219.18
MoneyGram 115.5769 €3.90 RSD 809,038.30 −RSD 12,880.94
Deutsche Bank 114.8510 €37.05 RSD 799,701.62 −RSD 22,217.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3887 – RSD 821,721.22
Revolut Cheapest 116.7458 €100.00 RSD 80,554,590.00 +RSD 79,732,868.79
Regency FX 117.0718 €0.00 RSD 819,502.57 −RSD 2,218.65
MoneyGram 115.9166 €3.90 RSD 811,416.20 −RSD 10,305.02
Deutsche Bank 114.7344 €37.05 RSD 798,890.04 −RSD 22,831.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4053 – RSD 821,836.93
Revolut Cheapest 116.6383 €31.60 RSD 81,278,241.00 +RSD 80,456,404.08
Regency FX 117.0883 €0.00 RSD 819,617.97 −RSD 2,218.96
MoneyGram 115.7135 €3.90 RSD 809,994.50 −RSD 11,842.43
Deutsche Bank 114.7344 €37.05 RSD 798,890.04 −RSD 22,946.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4315 – RSD 822,020.73
Revolut Cheapest 116.6273 €31.60 RSD 81,270,589.00 +RSD 80,448,568.27
Regency FX 117.1145 €0.00 RSD 819,801.28 −RSD 2,219.45
MoneyGram 115.8599 €3.90 RSD 811,019.30 −RSD 11,001.43
Deutsche Bank 114.8250 €37.05 RSD 799,520.64 −RSD 22,500.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3847 – RSD 821,693.08
Revolut Cheapest 116.3915 €101.60 RSD 80,291,482.00 +RSD 79,469,788.93
Regency FX 117.0678 €0.00 RSD 819,474.50 −RSD 2,218.58
MoneyGram 116.0845 €3.90 RSD 812,591.50 −RSD 9,101.58
Deutsche Bank 114.8527 €37.05 RSD 799,713.61 −RSD 21,979.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3847 – RSD 821,693.08
Revolut Cheapest 116.3915 €101.60 RSD 80,291,482.00 +RSD 79,469,788.93
Regency FX 117.0678 €0.00 RSD 819,474.50 −RSD 2,218.58
MoneyGram 116.0845 €3.90 RSD 812,591.50 −RSD 9,101.58
Deutsche Bank 114.8527 €37.05 RSD 799,713.61 −RSD 21,979.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.3689 – RSD 821,582.01
Revolut Cheapest 116.6273 €31.60 RSD 81,270,588.00 +RSD 80,449,005.99
Regency FX 117.0520 €0.00 RSD 819,363.74 −RSD 2,218.27
MoneyGram 116.0845 €3.90 RSD 812,591.50 −RSD 8,990.51
Deutsche Bank 114.9673 €37.05 RSD 800,511.36 −RSD 21,070.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4334 – RSD 822,033.51
Regency FX Cheapest 117.1163 €0.00 RSD 819,814.02 −RSD 2,219.49
MoneyGram 115.6599 €3.90 RSD 809,619.30 −RSD 12,414.21
Deutsche Bank 114.9673 €37.05 RSD 800,511.36 −RSD 21,522.15
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4334 – RSD 822,033.47
Revolut Cheapest 116.6179 €31.60 RSD 81,264,028.00 +RSD 80,441,994.53
Regency FX 117.1163 €0.00 RSD 819,813.98 −RSD 2,219.49
MoneyGram 115.7157 €3.90 RSD 810,009.90 −RSD 12,023.57
Deutsche Bank 114.8594 €37.05 RSD 799,760.04 −RSD 22,273.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4371 – RSD 822,059.74
Revolut Cheapest 116.6775 €31.60 RSD 81,305,574.00 +RSD 80,483,514.26
Regency FX 117.1200 €0.00 RSD 819,840.18 −RSD 2,219.56
MoneyGram 115.8182 €3.90 RSD 810,727.40 −RSD 11,332.34
Deutsche Bank 114.8582 €37.05 RSD 799,751.66 −RSD 22,308.08
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Revolut Cheapest 116.7372 €31.60 RSD 81,347,119.00 –
MoneyGram 115.6612 €3.90 RSD 809,628.40 –
Deutsche Bank 114.8582 €37.05 RSD 799,751.66 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4879 – RSD 822,415.04
Revolut Cheapest 116.4478 €101.60 RSD 80,330,341.00 +RSD 79,507,925.96
Regency FX 117.1706 €0.00 RSD 820,194.52 −RSD 2,220.52
MoneyGram 115.8437 €3.90 RSD 810,905.90 −RSD 11,509.14
Deutsche Bank 114.9446 €37.05 RSD 800,353.50 −RSD 22,061.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.4879 – RSD 822,415.04
Revolut Cheapest 116.4478 €101.60 RSD 80,330,341.00 +RSD 79,507,925.96
Regency FX 117.1706 €0.00 RSD 820,194.52 −RSD 2,220.52
MoneyGram 115.8437 €3.90 RSD 810,905.90 −RSD 11,509.14
Deutsche Bank 114.9446 €37.05 RSD 800,353.50 −RSD 22,061.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.5120 – RSD 822,583.75
Revolut Cheapest 116.5916 €31.60 RSD 81,245,698.00 +RSD 80,423,114.25
Regency FX 117.1947 €0.00 RSD 820,362.77 −RSD 2,220.98
MoneyGram 115.8437 €3.90 RSD 810,905.90 −RSD 11,677.85
Deutsche Bank 114.7785 €37.05 RSD 799,197.30 −RSD 23,386.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.5060 – RSD 822,542.31
Revolut Cheapest 116.6560 €31.60 RSD 81,290,552.00 +RSD 80,468,009.69
Regency FX 117.1888 €0.00 RSD 820,321.44 −RSD 2,220.87
MoneyGram 115.8592 €3.90 RSD 811,014.40 −RSD 11,527.91
Deutsche Bank 114.9281 €37.05 RSD 800,238.81 −RSD 22,303.50
Exchange rateFeeRecipient getsDifference
Mid-market rate 117.5286 – RSD 822,700.07
Revolut Cheapest 116.6570 €31.60 RSD 81,291,284.00 +RSD 80,468,583.93
Regency FX 117.2113 €0.00 RSD 820,478.78 −RSD 2,221.29
MoneyGram 115.8093 €3.90 RSD 810,665.10 −RSD 12,034.97
Deutsche Bank 114.9502 €37.05 RSD 800,392.50 −RSD 22,307.57

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more RSD per EUR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 28 of the last 30 days.

Right now, Regency FX pays 820,478.78 RSD on 7,000 EUR, which is 2,221.29 RSD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 81,347,119 RSD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Serbia.

We've tracked 78 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

  1. RevolutAppeared in 73 comparisons

    Cheapest every time

  2. Regency FXAppeared in 45 comparisons

    Cheapest in 4% of them

  3. MoneyGramAppeared in 77 comparisons

    Cheapest in 3% of them

  4. Deutsche BankAppeared in 68 comparisons

    Never the cheapest

Based on 78 comparisons across 4 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest and gets you the most RSD, but it was the cheapest in only 4% of the 45 comparisons it appeared in over the past month.

Revolut (today's second cheapest) was the cheapest in 100% of its comparisons, so if you send money to Serbia regularly, it's worth comparing it with Regency FX before each transfer.

If it's a one-off transfer, go with Regency FX, since it's the cheapest right now.

Ways to send money from Germany to Serbia

There are 5 companies for sending money from Germany to Serbia, across app, multi-currency account, global account, online, broker, in person, and bank, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7,000 with Revolut to Serbia gets you 81,291,284 RSD with a €31.6 fee and 0.74% markup.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

In general, online transfers are cheaper than sending cash to Serbia.

For Euro transfers only

Banks

Inside the eurozone, banks use a SEPA transfer which is cheap or free and there's little reason to look further.

Outside the eurozone, banks like Deutsche Bank are much more expensive.

On a €7,000 transfer, Deutsche Bank delivers 800,392.5 RSD vs 820,478.78 RSD with Regency FX.

We found Deutsche Bank was the cheapest bank on 23 of the 23 days it appeared for this amount.

For large transfers from Germany

Currency brokers

For buying property, moving to Serbia, or moving pensions, a currency broker is the best option.

A broker like Regency FX charges no fee and works on a margin. It adds 0.27% on EUR/RSD which gets negotiated the more you send.

And you get an account manager to help you through the process.

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from €7,000 it quoted.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Serbia.

Be it overseas suppliers and contractors, receiving RSD payments, or holding RSD and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and RSD in one account.

You get RSD bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert RSD to EUR or EUR to RSD whenever you need.

The best multi-currency account is Revolut, it adds ~0.74% markup and charges small fees.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund EUR and receive RSD in Serbia

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 820,478.78 RSD.

Our data shows that Regency FX gets your recipient 20,086.28 RSD more than Deutsche Bank, today's cheapest bank, on the same €7,000.

You can pay for the transfer using bank transfer, debit card, credit card, and iDEAL.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Serbia.

The recipient in Serbia can receive RSD by bank deposit and cash pickup.

To receive RSD by bank deposit

Enter the recipient's banking details and account holder's name.

Check both before sending because correcting a bank deposit will delay the transfer.

They can receive cash in Serbia

For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    din.81,291,284

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay €7,000.00

    din.80,493,350

    -din.797,934

  3. 3
    Bank transfer Cash pickup

    You pay €7,003.90

    din.810,665

    -din.80,480,619

  4. 4
    Debit card Cash pickup

    You pay €7,003.90

    din.810,665

    -din.80,480,619

  5. 5
    Credit card Cash pickup

    You pay €7,003.90

    din.810,665

    -din.80,480,619

Show moreShow less
  1. 6
    iDEAL Bank deposit

    You pay €7,000.00

    din.798,550

    -din.80,492,734

  2. 7
    Credit card Bank deposit

    You pay €7,000.00

    din.788,788

    -din.80,502,496

Things to know before sending money from Germany to Serbia

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/RSD transfer options

For a €7,000 transfer to Serbia, these are the best options:

Cheapest way to send money to Serbia

The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 820,478.78 RSD, which is -9807.79% more than the next best option.

Fastest way to send money to Serbia

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 81,291,284 RSD in same day.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into RSD sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 5 of them on EUR to Serbia, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 78 comparisons across 4 amounts.

This page covers the cheapest and fastest options for EUR/RSD transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

More on who we are, why you can trust us and how to get started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.