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International Transfer Cost Calculator

A low fee can hide a poor exchange rate. Enter the quotes you get and see which one really costs least: the fee plus the exchange-rate margin.

Any currency · built by Aftab Ahmad · checked September 29, 2026 · no provider fees are stored, so nothing here goes out of date

The transfer

Look it up just before you compare, and note the time. Rates move constantly.

Quotes you received

For each provider, enter the fee and either the rate offered or, better, the exact amount the recipient will get.

Cheapest in totalProvider Ycosts $25.87 (0.52%). At the mid-market rate €4,600.00 would arrive.

Cost of each quote
QuoteArrivesFeeRate marginTotal cost
Provider X€4,565.00$5.00$38.04 (0.76%)$43.04 (0.86%)
Provider Y€4,590.00$15.00$10.87 (0.22%)$25.87 (0.52%)
Bank wire€4,500.00$30.00$108.70 (2.17%)$138.70 (2.77%)

The formula

  1. Fair amount = amount sent × mid-market rate: what would arrive with no fee and no margin.
  2. Exchange-rate margin = (fair amount − amount that actually arrives) ÷ mid-market rate, in the currency you send.
  3. Total cost = fee + margin, or equivalently: what you pay − (what arrives ÷ mid-market rate).

The example figures are the invented quotes from our guide Sending and Receiving International Payments as a Freelancer, where the $5-fee provider costs $43.04 in total and the $15-fee provider only $25.87. Replace them with your own quotes.

Assumptions and limits

  • Fees are treated as paid on top of the amount sent. If a provider deducts its fee from the amount, enter the exact amount received instead of the rate; that captures everything.
  • Compare quotes taken at the same time, for the same amount. Rates can move minute by minute.
  • It does not include fees charged by the recipient's bank or intermediary banks, which some international wires carry. Ask the recipient what arrived last time.
  • Speed, limits, identity checks and protections differ between providers. In the US, the CFPB remittance rule protects consumers sending money abroad; payments for business purposes are generally outside it.
  • No provider data is stored or sent anywhere. Numbers you type stay in your browser.

A comparison aid, not financial advice. We are not paid by any money-transfer provider.

Sources

  1. Freelance Frame: Sending and Receiving International Payments as a Freelancer — the method and the worked example this tool implements
  2. CFPB: Remittance transfer rule — required disclosures of fees, exchange rate and amount received for covered consumer transfers

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