Remittance / Money Transfer Fee Calculator
Compare transfer fees, exchange rate margins, and total costs across major money transfer providers. Find the cheapest and fastest way to send money abroad for your specific currency corridor.
Compare International Money Transfer Costs
Enter the amount you want to send, select your currency corridor, and choose up to 8 providers to compare. Results update instantly with cheapest and fastest rankings.
Cheapest
Wise
Total cost: $3.50 - Save $81.49
| Provider | Transfer Fee | FX Margin | Total Cost | You Receive | Speed |
|---|---|---|---|---|---|
WWiseBest | $3.50 | 0.00% | $3.50 | 83,500.00 INR | 15 min - 3 hours |
RRemitly | Free | 3.00% | $30.00 | 80,995.00 INR | Minutes - 1 hour (Express) / 3-5 days (Economy) |
WUWestern Union | $14.99 | 3.50% | $49.99 | 80,577.50 INR | Instant (cash pickup) / 1-5 business days |
PPayPal | $49.99 | 3.50% | $84.99 | 80,577.50 INR | Instant (PayPal balance) / 1-3 days (bank) |
| Provider | Mid-Market Rate | Rate You Get | FX Markup | Amount You Get |
|---|---|---|---|---|
| Wise | 83.5000 | 83.5000 | -0.00% | 83,500.00 INR |
| Remitly | 83.5000 | 80.9950 | -3.00% | 80,995.00 INR |
| Western Union | 83.5000 | 80.5775 | -3.50% | 80,577.50 INR |
| PayPal | 83.5000 | 80.5775 | -3.50% | 80,577.50 INR |
By choosing Wise over PayPal:
Per Transfer
$81.49
Per Month (4x)
$325.96
Per Year (48x)
$3,911.52
Multi-Provider Comparison
Compare up to 4 remittance providers side by side - Wise, PayPal, Remitly, WorldRemit, Xe, OFX, Western Union, and MoneyGram - to find the best deal for your transfer.
Full Fee Transparency
See the complete breakdown: transfer fee, exchange rate margin, total cost, amount received, and effective exchange rate. No hidden fees - know exactly what you're paying.
Cheapest & Fastest Ranking
Automatically ranked results showing the cheapest provider and the fastest provider for your specific corridor and amount. One click to see who saves you the most money and time.
28 Currencies & 16 Corridors
Support for 28 major world currencies and 16 popular remittance corridors including US→India, UK→Nigeria, US→Philippines, and more. Preset corridors with realistic mid-market rates.
Supporting Family Abroad
Migrant workers sending money home to family. Compare providers to find the cheapest transfer to India, Philippines, Mexico, Nigeria, and other major remittance corridors.
International Travel
Travelers sending money to themselves or paying for accommodations abroad. Avoid hidden FX markups from banks and find the best rate for your destination currency.
Freelancer & Remote Worker
Freelancers and remote workers receiving payments from overseas clients. Compare fees across Wise, PayPal, and Payoneer-equivalent providers to maximize your take-home pay.
Cross-Border Business Payments
Small business owners paying international suppliers, contractors, or vendors. Compare B2B remittance fees and find the most cost-effective way to send payments abroad.
International Students
Students receiving funds from parents abroad or paying tuition across borders. Compare transfer speeds and fees to ensure money arrives on time for deadlines.
Expats & Digital Nomads
Expats managing finances across multiple currencies. Compare multi-currency account fees and transfer costs to optimize your global money management strategy.
About Remittance Fee Calculators
What Are Remittance Fees?
Remittance fees are the charges incurred when sending money from one country to another. They typically consist of a flat transfer fee, a percentage-based fee, and the exchange rate margin (the difference between the mid-market rate and the rate you get). Many providers advertise "zero fees" but make their profit on a poor exchange rate, making the total cost hidden. This calculator shows the true all-in cost so you can compare apples to apples.
Why Compare Providers?
The cost of sending money abroad varies dramatically between providers. A $1,000 transfer from the US to India can cost $3.80 with Wise, $8.99 with PayPal, or as much as $15-25 with traditional banks and services like Western Union. Over multiple transfers, choosing the right provider can save you hundreds of dollars a year. This calculator is updated with current fee structures and rate margins for each supported provider.
Exchange Rate Margin Explained
The exchange rate margin (or FX markup) is the hidden fee embedded in the exchange rate. When the mid-market rate is 1 USD = 83.50 INR, a provider might offer you 81.50 INR - that 2 INR difference is a ~2.4% markup on top of any explicit transfer fee. The calculator automatically fetches current mid-market reference rates and applies each provider's typical margin for the selected corridor.
Data Sources & Accuracy
Provider fee structures are based on published pricing pages and are updated to reflect current typical costs. Transfer speed estimates are general guidelines and may vary based on country corridors, compliance checks, bank processing times, and weekends/holidays. Mid-market exchange rates are retrieved via live APIs when available. Use this tool as a starting point for comparison - always confirm final fees with the provider before initiating a transfer.