Work out remittance cost comparison instantly with clear inputs, formula shown and shareable results.
Total cost of a remittance is the visible fee plus the exchange rate margin, expressed as a percentage of the amount sent. Comparing on that single all-in number, then multiplying by transfer frequency, shows the real annual difference.
Remittance comparison
Annual saving = amount × (bank cost % - provider cost %) × transfers per year
Figures are estimates based on the inputs given. Bank charges, regulatory minima and market rates change and differ between institutions and jurisdictions. This is not financial advice — confirm with your bank or treasury policy.
Because zero-fee offers often carry the widest exchange margins, which is where the real cost sits.
Yes. Flat fees hurt small transfers while percentage margins dominate large ones.