What this tool tells you
Wise (formerly TransferWise) charges a transparent, route-dependent fee — typically 0.5%–1% of the amount plus a small fixed cost — and uses the real mid-market exchange rate. This calculator estimates what the recipient actually receives.
How the math works
Enter the send amount and Wise's stated percentage and fixed fee for your route. The calculator deducts the fee and shows the recipient's amount.
Frequently asked questions
How much does Wise charge?
Wise charges a transparent fee that varies by currency route — usually about 0.5% to 1% of the sent amount plus a small fixed fee — and always uses the mid-market exchange rate with no markup.
Is Wise cheaper than a bank wire?
Often yes. Banks typically add a hidden markup to the exchange rate on top of a wire fee; Wise shows its fee upfront and uses the mid-market rate, which is usually cheaper for international transfers.