Wire Transfer (RSD) – 1st hand experience
Dalibor Vrga 9 posts - Serbia - Joined Apr 10 2011
I’ve opened up two accounts at Komercijalna Banka: a debit one in local currency and the other one in foreign currency (€, $, etc.) Then I’ve set up withdrawal at odesk as per instructions from the bank for payments from abroad. The minimum amount for wire transfer is $51.00
A few days upon withdrawal, there was a call by a clerk from Komercijalna Banka to summon me at their premises. Allegedly, there was a mess due to a failed attempt of money transfer in RSD to my foreign currency account. So, I had to give a statement in written before them, authorizing the bank to re-transfer RSD amount to “an unassigned account”, and then to write another statement where I request this money to be deducted from an unassigned account to my debit account in RSD!?
Conclusion: wire transfer in RSD for withdrawal of payments earned at odesk to local bank account in Serbia sux big time. Our local banks are not capable of receiving RSD from abroad onto a foreign currency account, so stay away from it.
For the time being, the best solutions are Moneybookers and Payoneer Debit Card, as PayPal is not available in Serbia as yet.
Score: 10.0, Votes: 2