Remittance Calculator
Calculate how much money your recipient will actually receive after exchange rates and transfer fees are deducted.
Recipient Gets
Remittance calculation shows what your recipient actually receives after all deductions.
Recipient Amount = (Send Amount − Transfer Fee) × Exchange Rate
Key costs to watch:
- Transfer fee — flat fee charged by the service
- Exchange rate markup — difference between mid-market and offered rate
- Receiving fee — some services charge the recipient too
Tips to save on remittances:
- Compare services on sites like Monito or SaveOnSend
- Sending larger amounts usually means lower percentage fees
- Bank transfers are cheaper than cash pickup
- Avoid airport or hotel exchange counters
- Wise, Remitly, and WorldRemit often beat traditional banks
Top remittance corridors worldwide:
- USA → Mexico, India, Philippines, China
- UAE/Saudi Arabia → India, Pakistan, Bangladesh
- UK → Nigeria, India, Poland