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SWIFT Charges Calculator

Work out swift charges instantly with clear inputs, formula shown and shareable results.

About SWIFT Charges Calculator

The charge instruction decides who bears the cost: sender pays all, beneficiary pays all, or shared with each side paying its own bank. Under a shared instruction intermediary deductions reduce what arrives, which is a common cause of short payments.

Formula

Charge allocation

OUR: sender pays all. BEN: deducted from payment. SHA: sender pays own bank, beneficiary bears the rest

Worked example

With the default values below, SWIFT Charges Calculator returns Amount The Beneficiary Receives of $998,500.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Payment Amountminimum 0
1,000,000
Sending Bank Chargeminimum 0
2,000
Intermediary Bank Chargeminimum 0
1,500
Charge Instructionone of Sender pays all (OUR), Shared (SHA), Beneficiary pays (BEN)
Shared (SHA)

Results

Amount The Beneficiary Receives
$998,500.00
Cost Borne By The Sender
$2,000.00
Deducted From The Payment
$1,500.00
Total Charges In The Chain
$3,500.00

Step by step

  1. 1Values used
  2. 2Charge allocation
  3. 3Amount The Beneficiary Receives= 998,500.00
  4. 4Cost Borne By The Sender= 2,000.00
  5. 5Deducted From The Payment= 1,500.00
  6. 6Total Charges In The Chain= 3,500.00

Assumptions and limits

  • The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax or compounding frequency into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
  • 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.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

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.

Frequently Asked Questions

Which instruction should be used for invoices?

Sender pays all, so the beneficiary receives the exact invoice amount and reconciliation is clean.

Why do payments arrive short?

Almost always because of a shared or beneficiary charge instruction with intermediary deductions.

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