What a year of sending costs

Transfer costs hide by being small and frequent. A few percent, dozens of times a year, adds up to money nobody agreed to give away. This multiplies it out.

Amount each timeIn whatever currency you sendHow oftenTotal cost of one transfer, in percentFee and exchange-rate markup together. Work yours out from a receipt, or leave it blank to see the benchmarks alone.

Sent over a year

2,400.00

200.00 sent 12 times. Multiplication, not a forecast: it assumes every transfer looks like this one.

What the year costs in charges

At the global average (6.36%)
6.36% on a $200 transfer, World Bank, listed on the sources page
152.64
At the UN target (3.00%)
3% by 2030, the goal governments agreed to
72.00

The benchmark rows show what a year at the published averages costs. Add your own rate above to see where you stand against them.