Work out wire transfer cost instantly with clear inputs, formula shown and shareable results.
The visible fee is usually the smaller part of a wire transfer's cost; the exchange rate markup is larger and rarely disclosed. Adding the correspondent bank's deduction gives what the beneficiary actually receives.
Wire transfer cost
Cost = flat fee + amount × FX markup + correspondent fee
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 it is embedded in the rate quoted rather than shown as a fee. Compare the rate against the interbank mid-rate to find it.
It depends on the charge instruction — under a shared basis the beneficiary bears it, reducing the amount received.