Wire Transfer Fee Calculator

How it is calculated

Three fees are entered separately. total fees = outgoing_fee + intermediary_fee + receiving_fee, which is the full cost of the wire. The amount that reaches the beneficiary is net received = amount − intermediary_fee − receiving_fee. The outgoing fee is not taken off the received amount, because the tool treats it as a charge your own bank bills you on top of the transfer. If your bank instead deducts it from the amount sent, subtract it yourself. All amounts are in one currency; the tool does not convert currencies or apply an exchange-rate margin. The transfer amount must be above zero and the fees cannot be negative, but any fee may be zero, and every fee box must be filled in. If the intermediary and receiving fees together are larger than the transfer amount, nothing could arrive, so the tool shows no result.

Common mistakes

• Leaving the intermediary fee at zero because your bank did not quote one. International wires often lose money at a relay bank, so ask about it or enter an estimate. Leave the box empty and there is no result; enter 0 instead.
• Expecting the net received to subtract the outgoing fee. It does not; that fee is paid by the sender on top, so the figure is what lands in the recipient's account.
• Ignoring the exchange-rate margin on a cross-currency wire. It is often a larger cost than the flat fees and is not part of this tool.
• Entering a percentage fee as a flat amount. A 0.5% fee on 5000 must be typed as 25.
• Sending a small amount without checking the fee stack. If the intermediary and receiving fees alone exceed the amount, the tool shows no result, and even below that the net can be a small fraction of what you sent.