Finance Tools
Cheapest Way to Send Money Internationally Calculator
Compare international money transfer options using fees and FX markup to estimate total cost and find the cheapest method.
Compare explicit fees and hidden exchange-rate costs (FX markup). Lowest total cost is usually the cheapest option.
Total Cost = Fixed Fee + (Amount × % Fee) + (Amount × FX Markup)
Tip: If a provider shows “$0 fee”, FX markup is often the real cost.
Tip: If a provider shows “$0 fee”, FX markup is often the real cost.
Tip: If a provider shows “$0 fee”, FX markup is often the real cost.
Cheapest Option: Online Transfer (Total Cost: $15.00)
Effective fee rate = Total Cost ÷ Amount
| Option | Fixed | % Fee | FX | Total | Eff. Rate |
|---|---|---|---|---|---|
| Online Transfer(cheapest) | $4.00 | $5.00 | $6.00 | $15.00 | 1.50% |
| Cash Pickup | $8.00 | $10.00 | $10.00 | $28.00 | 2.80% |
| Bank Wire | $25.00 | $0.00 | $15.00 | $40.00 | 4.00% |
How to use this cheapest way to send money internationally calculator
- Enter the amount you want to send.
- For each option, enter fixed fee, percentage fee, and FX markup.
- Click Calculate to compare total cost and effective fee rate.
- See which option is cheapest for your amount.
- Adjust inputs to match real quotes from providers.
Example
If you send $1,000 and compare Bank Wire vs Online Transfer vs Cash Pickup:
- Bank Wire — $25 fixed, 0% fee, 1.5% FX markup → Total cost ≈ $40.00
- Online Transfer — $4 fixed, 0.5% fee, 0.6% FX markup → Total cost ≈ $15.00
- Cash Pickup — $8 fixed, 1% fee, 1.0% FX markup → Total cost ≈ $28.00
- Cheapest option: Online Transfer (lowest total cost)
More tools in Finance Tools
- International Money Transfer Fee Calculator
Estimate the total cost of an international money transfer using transfer fees, exchange rate markup, and the amount sent.
- Money Transfer Service Comparison Calculator
Compare popular money transfer providers using fees and FX markup to estimate total cost and find the cheapest service for your amount.
- Wire Transfer Total Cost Calculator
Estimate the total (all-in) cost of a wire transfer including bank fee, intermediary fees, FX markup, and recipient bank charges.
- Bank Transfer Charges Calculator
Estimate bank transfer charges using fixed fees, percentage fees, and optional FX markup to calculate total cost and effective fee rate.