Compare international money transfer fees, recipient amount, and estimated savings between a bank-style transfer and a Wise-style fee.
Formula
const amountToSend = Number(inputs.sendAmount || 0); const fixedBankFee = Number(inputs.bankFee || 0); const bankMarkupRate = Number(inputs.bankMarkup || 0) / 100; const wiseFeeRate = Number(inputs.wiseFee || 0) / 100; const bankTotalCost = fixedBankFee + amountToSend * bankMarkupRate; const wiseTotalCost = amountToSend * wiseFeeRate; const bankReceived = amountToSend - bankTotalCost; const wiseReceived = amountToSend - wiseTotalCost; const savings = bankTotalCost - wiseTotalCost; return { bankTotalCost: Math.round(bankTotalCost * 100) / 100, bankReceived: Math.round(bankReceived * 100) / 100, wiseReceived: Math.round(wiseReceived * 100) / 100, savings: Math.round(savings * 100) / 100 };Amount to Send
1,000 $
Bank Transfer Fee
25 $
Bank FX Markup (%)
3 %
Wise-Style Fee (%)
0.6 %
Use the result to compare providers, request quotes, or send the scenario to a specialist when the numbers matter.
With the default inputs, sending $1,000 costs an estimated $55 through the bank-style scenario and $6 through the Wise-style fee scenario. The recipient would receive about $945 by bank transfer versus $994 with the Wise-style fee, for an estimated $49 savings. Actual providers, corridors, exchange rates, and payout methods can differ, so confirm live quotes before sending money.
Use this travel calculator to compare scenarios before committing money, time, or a provider conversation.
The estimate combines Amount to Send, Bank Transfer Fee, Bank FX Markup (%) and returns Bank Total Cost, Recipient Gets (Bank), Recipient Gets (Wise-Style Fee).
If the result changes your decision, verify the current quote, rate, eligibility rule, or provider term before acting.
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This calculator is provided for educational and informational purposes only. It does not constitute professional legal, financial, medical, or engineering advice. Results are estimates based on the inputs provided and should not be relied upon for making significant decisions. Consult a qualified professional to verify your specific situation. CalculateThis.ai disclaims any liability for damages resulting from the use of this tool.
Reviewed by the CalculateThis.ai editorial team. Updates: check back for latest parameters. Tools are for estimation only — verify with current provider terms.