International Money Transfer Calculator

Calculate total costs, compare exchange rates, and find the best way to send money internationally. Get accurate estimates for bank transfers, Wise, PayPal, Western Union, and more.

Wise Best for low fees
Bank Transfer Traditional wire
Remitly Fast delivery
Western Union Cash pickup
PayPal Digital wallet
WorldRemit Mobile money

Calculating best rates and fees...

International Money Transfer Calculator - Complete Guide

Accurate Cost Calculation

Calculate total costs including transfer fees, exchange rate margins, and hidden charges for international money transfers.

Compare Providers

Side-by-side comparison of Wise, banks, Western Union, PayPal, and other services to find the best rates.

Real Exchange Rates

Get current mid-market rates and see how much margin providers add for currency conversion.

Security & Compliance

Understand regulatory requirements, transfer limits, and security measures for international remittances.

How to Use This International Money Transfer Calculator

  1. Enter Transfer Amount: Input the amount you want to send in your local currency.
  2. Select Currencies: Choose your source currency and the recipient's currency.
  3. Choose Transfer Method: Select from bank transfers, specialist services, or digital wallets.
  4. Calculate: Get instant results showing total costs, exchange rates, and amount received.
  5. Compare: View side-by-side comparison of different money transfer services.

Understanding International Money Transfer Costs

When sending money internationally, you typically pay three types of costs:

1. Transfer Fees

Fixed or percentage-based fees charged by the transfer service. Banks typically charge $25-$50 per international wire transfer, while specialist services like Wise charge lower fees (often under $10).

2. Exchange Rate Margin

The difference between the mid-market rate (real exchange rate) and the rate offered by the provider. This hidden cost can add 1-5% to your transfer. Our calculator reveals this margin so you can choose the best rate.

3. Additional Charges

Intermediary bank fees, receiving bank fees, and payment method charges (credit card fees are typically higher than bank debit).

Popular Money Transfer Corridors

Money Transfer Methods Compared

Bank Wire Transfers

Traditional method with high security but typically higher fees (SWIFT transfers cost $25-$50) and slower processing (3-5 business days). Exchange rates are usually poor with 3-5% margin.

Specialist Transfer Services (Wise, Remitly, WorldRemit)

Digital-first providers offering better exchange rates (close to mid-market), lower fees, and faster transfers. Best for most international money transfers.

Digital Wallets (PayPal, Skrill)

Convenient for small transfers between users of the same platform, but exchange rates are poor and fees can be high for currency conversion.

Cash Transfer Services (Western Union, MoneyGram)

Good for urgent cash pickups but typically have higher fees and worse exchange rates than digital specialists.

Tips for Saving on International Transfers

  1. Compare rates: Always check multiple providers - rates can vary significantly
  2. Watch the exchange rate: The margin added to the exchange rate is often the biggest cost
  3. Time your transfer: Exchange rates fluctuate - consider transferring when rates are favorable
  4. Use limit orders: Some services let you set target exchange rates
  5. Transfer larger amounts less frequently: Many services have flat fees that make larger transfers more cost-effective
  6. Check for promotions: New customer offers and fee-free transfers for first-time users

Regulatory Considerations

International money transfers are regulated to prevent money laundering and terrorist financing. Be prepared to provide:

Most countries have reporting requirements for transfers above certain thresholds (e.g., $10,000 in the USA).

FAQs - International Money Transfers

What is the cheapest way to send money internationally?

Specialist transfer services like Wise typically offer the best combination of low fees and competitive exchange rates. Our calculator helps you compare options for your specific transfer.

How long do international transfers take?

Transfer times vary: bank wires (3-5 business days), specialist services (1-2 days), cash transfers (minutes to hours), and digital wallets (instant to 24 hours).

Are international money transfers safe?

Reputable services use bank-level security, encryption, and are regulated by financial authorities. Always use licensed providers and check their security measures.

What information do I need to send money internationally?

You'll need the recipient's full name, bank account details (account number, routing/SWIFT code), and address. For larger amounts, additional verification may be required.

Can I cancel an international money transfer?

It depends on the provider and transfer stage. Bank wires are difficult to cancel once initiated, while some digital services allow cancellation before the transfer is processed.

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