Money Transfer Fee Calculator

The fee was $25. What landed was $69 short.
The rest was in the exchange rate, and no receipt has a line for it.

01No quote yet

Pick a channel, get a number

The World Bank prices 377 corridors every quarter. Banks cost more than three times what digital does.

USD The amount that leaves your account.
ChannelTypical total cost
BanksBranch and app alike. The most expensive channel there is
14.99%
Non-digitalCounter visits, cash payout
7.30%
Global averageSimple average, all provider types
6.36%
Weighted averageWeighted by money actually moved
5.04%
Money transfer operatorsNon-bank transfer businesses
4.72%
DigitalApp or online, end to end
4.59%
UN targetSDG 10.c — under 3% by 2030
3.00%
Switching from a bank to digital saves
—
World Bank figures: banks 14.99% against digital 4.59%. Measured on a USD 200 transfer — on larger amounts the real percentage falls below these.
02Quote in hand

Now the exact figure

Enter the rate and fees to see what actually lands and what the whole thing cost.

Pick the sending and receiving currency.
Match how your provider shows it. 1 EUR = 1.087 USD is the left option.
  The rate with no margin. What Google or Reuters show.
  What your provider says they will apply. The gap against mid-market is the hidden cost.
USD Everything charged on your side.
EUR Correspondent and receiving banks. Never shown to you — they come out of what arrives.
03Before you choose

Where "no fee" flips

A flat fee is diluted as the amount grows; a margin grows with it. Somewhere they cross.

USD Charged once per transfer.
% How far below mid-market. If it is advertised as free, the cost is here.
USD Charged once per transfer.
% Margin against mid-market.
Crossover amount
—

Four places the cost comes from

WhereTypeAs the amount grows
Upfront feeFlatMatters less
Correspondent feeFlatMatters less
Receiving feeFlatMatters less
FX marginPercentageGrows with it

Three of the four are flat and wash out on a large transfer. On big amounts the exchange rate is effectively the entire cost — 1% is $10 on $1,000 and $1,000 on $100,000.

What to compare

  1. Compare what lands, not the advertised fee. Every cost is inside that one number.
  2. Hold the offered rate against mid-market. The gap is the margin.
  3. Send once. Flat fees apply per transfer.
  4. Use OUR if the amount must be exact. Cheaper than sending twice.

Questions people ask

How can a "no fee" transfer be expensive?
The cost moved into the rate. On $1,000 a 3% margin is $30, and nothing calls it a fee. A provider charging $15 with a 0.8% margin costs $23 in total — less.
Why are banks the most expensive?
Not the counter fee, the margin in their rate. The World Bank puts banks at 14.99% against 4.59% for digital — more than three times apart.
Why can nobody tell me the correspondent fee in advance?
A wire passes through one or two correspondent banks, the sender cannot choose which, and each takes a flat amount in transit. If an exact amount must arrive, ask for the charges to be sent as OUR.
Does splitting a transfer help?
No. Flat fees apply per transfer, so splitting multiplies them, and the margin is proportional either way. Send once.
Sources. Channel averages — World Bank, Remittance Prices Worldwide Issue 54 (Q3 2025, on a USD 200 transfer). Checked 8 September 2026. How each total splits between fee and margin is not published, so the calculator uses only the figures you enter.

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