Wise Fee Calculator

Guide

About the Wise Fee calculator

Our Wise fee calculator is a free tool that shows exactly what Wise (formerly TransferWise) charges to send money internationally — and, just as importantly, makes clear that the fee you see is the whole cost. Wise built its reputation on transparency: a single upfront fee plus the real mid-market exchange rate, with no hidden margin. This calculator lets you confirm that for your own transfer in seconds.

How Wise's fee works

Wise charges a small fixed fee plus a percentage of the amount you're sending, both taken in the source currency, and then converts the remainder at the mid-market rate. The formula is simply fixed fee + (rate% × amount). The percentage and fixed fee depend on the route (the "corridor") — the currency you send from and to. For example, sending US dollars to euros costs roughly 0.29% + $6.98, dollars to Indian rupees about 0.42% + $7.08, and pounds to euros just 0.33% + £0.59. Pick your route above and the calculator applies the correct figures and shows the effective percentage, so you can see the true cost on your exact amount.

Why the fixed fee changes with where you send from

You'll notice the fixed fee is around $7 on US-funded transfers but well under £1 or €1.50 when you send from the UK or eurozone. That's because the fixed portion reflects how Wise is funded: pulling dollars from a US bank via ACH costs more than a UK Faster Payment or a SEPA transfer, which are near-free. The percentage is broadly similar in both directions; it's the funding fixed fee that makes a US-originated transfer pricier. The calculator reflects this so freelancers and businesses funding from different countries get an accurate number.

The mid-market rate is the real story

The single biggest reason people choose Wise is the exchange rate. Banks and services like PayPal typically advertise a "no fee" or low-fee transfer, then apply an exchange rate that's 3–4% worse than the real one — a hidden cost that dwarfs any visible fee. Wise uses the mid-market rate (the midpoint between buy and sell rates, the one you see on Google) with zero markup, and charges only the explicit fee shown here. That's why, on most international transfers, Wise works out substantially cheaper even when its visible fee looks similar to a competitor's. Because the live rate moves every second, this tool deliberately shows the fee and the amount that gets converted rather than quoting a rate that would be out of date moments later — check the live rate on Wise itself at the moment you send.

Who uses this calculator

Freelancers paid by overseas clients use it to see what arrives after fees; small businesses paying international suppliers or contractors use it to budget transfer costs; and anyone sending money to family abroad uses it to compare Wise against their bank. The reverse question — "what should I ask my client to send so I receive enough?" — is easy too: the fee is small and predictable, so you can add it on top with confidence. Everything runs in your browser with no signup.

Accuracy and important notes

Wise re-tunes its corridor rates periodically, so we store each route's fee in a dated file and stamp it with a "last verified" date. These figures are for standard bank-funded transfers; funding by debit or credit card adds a separate card fee, transfers above large monthly thresholds receive a discount, and correspondent banks can occasionally deduct their own fee on certain inbound routes. Always confirm the exact fee and live rate on Wise before you send — Wise shows both before you confirm a transfer — but for a fast, honest estimate of what an international transfer will cost, this calculator gives you the answer in seconds.