Wise Fee Calculator
Calculate your Wise international transfer fees instantly. See real exchange rates and exact costs for sending money abroad with transparent, low-cost pricing.
Calculate Transfer Fees
Calculate your Wise transfer cost with real mid-market exchange rates
You Send
Recipient Gets
Wise Fee Structure
* Exchange rates are real-time from OpenExchangeRates. Actual rates may vary slightly.
If you've ever sent money internationally and felt like you got robbed by your bank, you're not alone. That's exactly why Wise (formerly TransferWise) exists. Since 2011, they've been calling out banks for hiding fees in garbage exchange rates—and offering a much better deal. Their whole thing? Show you the REAL mid-market rate (the same one you see on Google) and charge a small, transparent fee. No sneaky markups.
Here's what that means in dollars: where banks might charge you $30-60 on a $1,000 transfer (through fees AND a 2-3% rate markup), Wise typically charges around $4-5 total. Yeah, you read that right. They make money on a small transparent fee, not by giving you a terrible exchange rate. Most transfers arrive the same day or next day—not the 3-5 business days banks love to quote.
Our Wise calculator shows you exactly what your transfer will cost before you send. Plug in any amount, choose your currencies, and see the fee breakdown plus what your recipient actually gets. It's the same transparency Wise is known for—no guessing, no surprises.
Pro tip: The rates you see here are live mid-market rates that update in real-time. If you're sending larger amounts ($5,000+), your effective fee percentage drops even lower because of the small fixed fee. And if you send money regularly? Check out their multi-currency account—you can hold money in 50+ currencies and convert when the rate looks good.
How Wise Fees Are Calculated
Wise uses a transparent two-part fee structure that's significantly cheaper than traditional banks. For most currency pairs, you'll pay a small fixed fee (typically between $0.43 and $7) plus a percentage fee (usually 0.35% to 2.85% depending on the currency pair and payment method).
Wise Fee Structure:
- Fixed Fee: Small upfront cost (usually $0.43-$7)
- Percentage Fee: Typically 0.35%-2.85% of transfer amount
- Real Exchange Rate: Mid-market rate with no markup
- No Hidden Fees: What you see is what you pay
The exact fee depends on several factors: the currency pair you're converting, how you pay (bank transfer, debit card, credit card), and how your recipient receives the money (bank deposit, cash pickup, etc.). Popular routes like USD to EUR or GBP typically have the lowest fees.
Example Calculation:
Sending $1,000 USD to EUR:
- • Transfer Fee: $0.43 (fixed)
- • Percentage Fee: $4.10 (0.41% of $1,000)
- • Total Fees: $4.53
- • Exchange Rate: $1 USD = £0.79 GBP (real-time mid-market)
- • Amount Converted: $995.47 USD → £786.62
- • Recipient Receives: ~£786.62 GBP
- • Note: Banks would charge $30-60 for same transfer.
Using the Wise Fee Calculator
This Wise calculator provides estimates using their transparent fee model of $0.43 fixed + 0.41% for most major currency pairs. As a digital-first platform with no physical branches, Wise keeps costs low while offering bank-level security. The calculator pulls live exchange rates, showing you real mid-market prices—not inflated bank rates. Perfect for comparing Wise against traditional banks or other transfer services.
Calculator Features:
- Real-time fee calculations
- Support for 50+ currencies
- Mid-market exchange rates
- Instant results
What You'll See:
- • Wise fee (typically $0.43 + 0.41%)
- • Live mid-market exchange rate (no markup)
- • Exact amount after conversion
- • Comparison with bank fees (save 80%+)
- • Effective total cost percentage
- • Estimated delivery time (minutes to 2 days)
Use this before opening the Wise app or website to plan your transfer. Since Wise uses real mid-market rates without markup, you can trust the calculator's accuracy. Larger transfers (over $5,000) have even lower effective costs due to the small fixed fee. For frequent senders, consider Wise's multi-currency account—hold 50+ currencies and convert only when rates are favorable.
Comparing Wise with Other Options
Wise consistently ranks among the cheapest options for international money transfers. Traditional banks typically charge 3-6% of your transfer amount through poor exchange rates and high fees, while Wise averages just 0.5-1% total cost. This difference can save hundreds of dollars on larger transfers.
Wise vs Traditional Banks:
Wise Advantages:
- • Real exchange rates (no markup)
- • Transparent, upfront fees
- • Fast transfers (minutes to 2 days)
- • Easy online/app interface
- • Multi-currency account options
Bank Disadvantages:
- • Exchange rate markups (2-4%)
- • Hidden fees in poor rates
- • Slow transfers (3-5 business days)
- • Complex paperwork requirements
- • High minimum transfer amounts
While Wise excels in cost and transparency, consider factors like transfer speed requirements, recipient preferences (cash pickup vs bank deposit), and available currency pairs when choosing a provider. For most standard bank-to-bank transfers, Wise offers the best value proposition.
Tips to Save on Wise Fees
Payment Method:
- • Use bank transfers instead of cards (lower fees)
- • Avoid credit cards (higher percentage fees)
- • Consider ACH transfers for US bank payments
Transfer Strategy:
- • Send larger amounts less frequently
- • Use multi-currency accounts for business
- • Time transfers during favorable exchange rates
Pro Tip:
For frequent transfers, consider opening a Wise multi-currency account. This can eliminate fees for holding money in different currencies and provides even better rates for conversions.
Frequently Asked Questions
How much does Wise charge for international transfers?
Wise charges a small fixed fee (typically $0.43-$7) plus a percentage fee (usually 0.35-2.85%) depending on the currency pair and transfer method. This is significantly cheaper than traditional banks which can charge 3-6% through poor exchange rates.
Does Wise use real exchange rates?
Yes, Wise uses the real, mid-market exchange rate - the same rate you see on Google or financial websites. They don't markup the exchange rate like traditional banks do, which often add 2-4% in hidden fees through poor rates.
How long do Wise transfers take?
Most Wise transfers complete within minutes to 2 business days. The speed depends on the currency pair and payment method used. Transfers within the same region (like USD to CAD) are typically fastest, while more exotic currency pairs may take longer.
Is Wise safe and regulated?
Yes, Wise is regulated by financial authorities in multiple countries including the FCA (UK), FinCEN (US), and others. Customer money is held in segregated accounts for protection, and Wise has processed over $100 billion in transfers since 2011.