Wise Transfer Fees Calculator
Calculate Wise transfer costs and recipient payout in USD
Wise transfer fees calculator FAQs
What fees does this Wise calculator include?
This Wise transfer fees calculator models a variable percentage fee plus a fixed fee in USD for a single transfer. It then estimates total Wise charges and the amount your recipient receives from the send amount you enter, or the send amount required to hit a target received amount.
How do I pick the right Wise fee % and fixed fee?
Wise fees depend on route, amount, and payment method. The simplest approach is to open Wise’s official fee calculator, enter a realistic transfer, and note the percentage and fixed parts of the fee. Then drop those numbers into this tool so you can quickly test other send amounts and compare against banks or PayPal.
Does this calculator include the exchange rate?
No. Wise normally uses the mid-market exchange rate and charges a transparent fee on top. This tool focuses on the fee side only, shown in USD terms. If you want to see the final foreign currency amount, use Wise’s own quote, then plug the fee pattern back into this calculator for planning.
Can I model bank or correspondent fees with this?
Some routes involve correspondent and receiving bank fees, especially for Swift USD transfers. You can approximate those by increasing the Wise variable fee (%), or adding a bit more to the Wise fixed fee (USD), based on examples from your previous transfers and Wise’s help articles.
How can I compare Wise vs a traditional bank or PayPal?
Run this calculator with Wise-style fees, then repeat the same send and target amounts using the bank or PayPal fee pattern. Comparing the recipient amount and effective fee % for each option gives you a much clearer view of which route is cheaper for your typical transfers.
Is this an official Wise transfer calculator?
No. This is an independent estimation tool for planning Wise and Wise-vs-bank scenarios. Always rely on Wise’s own pricing and the live quote you see in the app or on the website before you confirm a transfer.
How to use this Wise transfer fees calculator
This Wise transfer fees calculator is for people who want a clear estimate of what Wise actually costs on a USD transfer — and what the recipient will see after charges. Instead of eyeballing screenshots, you can plug in a send amount, adjust the fee pattern, and get a quick snapshot of fees, recipient amount, and effective percentage cost.
1. Enter your send amount in USD
Start with the send amount (USD) you plan to move via Wise. This could be a one-off transfer to a friend, a recurring invoice for a contractor, or a test amount you’re comparing against a bank. Keep everything in USD so you can line it up against other providers’ fee schedules.
2. Add a target received amount if you’re budgeting on the recipient side
If you care more about what lands at the other end, fill in the “Recipient should get after fees” box. The calculator will then flip the math and show the minimum send amount needed so that, after Wise fees using your assumptions, the recipient still receives that target amount in USD terms.
3. Set Wise variable and fixed fees based on a real quote
Use the Wise variable fee (%) for the percentage part of the Wise charge, and the Wise fixed fee (USD) for the flat portion. Fees vary by currency pair and payment method, so take a real Wise quote for your route and reverse-engineer a simple combination that’s close. Once it’s set, you can reuse it for multiple “what if” runs without going back to the Wise calculator each time.
4. Read the transfer summary and effective fee %
After you click Calculate, the summary highlights either the recipient payout for the send amount you entered, or the required send amount to hit your target received. Under that, you’ll see total Wise fees, the modeled recipient amount, and the effective fee percentage so you can compare the real cost against banks, PayPal, or card-based options.
5. Copy the summary for quotes and provider comparisons
Use the Copy summary button to drop a clean breakdown into your spreadsheet, internal pricing doc, or client email. You can then run side-by-side comparisons: one line for Wise, one for a bank transfer, one for PayPal, using the same send and target figures.
Remember that this calculator focuses on Wise-style transfer fees and any extra amounts you model in. Real transfers can also be affected by bank charges, regulatory changes, and FX volatility, so always cross-check important payments with a live Wise quote before you click send.
How the Wise transfer fee math works
Under the hood, this Wise transfer fees calculator uses a simple model: a percentage fee on the send amount plus an optional fixed fee in USD. Let S be your send amount in USD, r the Wise variable fee rate as a decimal (for example 0.008 for 0.8%), and f any fixed fee you include.
Total modeled Wise fees are:
Wise fees = S × r + f
The modeled recipient amount after these fees is:
Recipient amount = S − (S × r + f)
When you enter a target recipient amount, the calculator rearranges the equation to solve for the send amount required. If R is your desired received amount in USD terms, then:
Required send amount = (R + f) ÷ (1 − r)
The effective fee percentage displayed in the results is:
Effective fee % = modeled Wise fees ÷ send amount × 100
All outputs are estimates in USD, rounded to two decimal places. Wise’s real pricing can vary by currency pair, route, and how you fund the transfer, so treat this as a planning tool and always check Wise’s own fee calculator and live quote before sending money.
Wise transfer fees references and further reading
- Wise Help: Fees for sending money – Overview of how Wise fees vary by amount, route, and payment method.
- Wise pricing: Send money – Wise’s live pricing page and calculator for international transfers.
- Wise Help: How much does it cost to send USD outside the US? – Examples of USD Swift payout fees and correspondent charges on specific routes.
- Wise Help: Fees for holding, receiving, and spending money – Details on account, receiving, and card-related fees alongside transfer fees.