Compare money transfer quotes
For the amount you pay, how much reaches the other account? Enter two current quotes and compare the proceeds after any extra receiving charges.
Free calculator. Your inputs stay in this browser page. No account, email address or bank details needed.
Your two quotes
- Get two current quotes. Use providers available to you, with the same total payment, funding method and destination, as close together in time as practical.
- Enter the figures below. Include the quoted recipient amount and any extra receiving charges.
- Compare the proceeds. Check delivery time, eligibility and quote conditions before choosing.
Need another quote? You can compare any provider. Wise is one optional quote source; check its availability and terms. ExpatTools may earn a commission from a qualifying referral. The commercial relationship does not change the comparison formula.
Get a Wise quote · AffiliateUse numbers without thousands separators, such as 2000.50.
The interactive calculator requires JavaScript. The calculation method and worked example below also explain how to compare quotes manually.
| Measure | Quote A | Quote B |
|---|
Cost is only one part of your choice. Check delivery time, eligibility, transfer limits, cancellation terms and whether the rate is guaranteed before sending.
Copy the right numbers
QUOTE CHECK- Match the total debit. Ask each provider what reaches the recipient for the same total amount leaving your account. If a fee is added on top, include it in “total you pay.” If a fee is already deducted from that total, do not add it again.
- Use the same route and funding method. A card-funded transfer and a bank-funded transfer may have different charges. Compare the same recipient currency, destination and delivery method. A quote for a new-customer promotion may not apply to later transfers.
- Check what the recipient amount excludes. If a receiving bank will deduct a further 5 EUR, enter it only if the quoted proceeds have not already allowed for it. If you cannot confirm the charges, select “Not checked yet.” The calculator will show a provisional comparison.
- Check the quote's time and conditions. Copy offers close together in time. A rate that has expired is no longer a comparable offer. Read the actual provider deadline and conditions rather than assuming a displayed rate is locked.
Worked example: moving a monthly budget
ILLUSTRATIVE ONLYSuppose two invented quotes both cost you 2,000 USD. Quote A shows 1,760 EUR to the recipient; Quote B shows 1,788 EUR. You have confirmed that neither has any further receiving deductions. An illustrative reference rate is 0.90 EUR per USD. These numbers are teaching inputs, not current exchange rates or any supplier's prices.
| Measure | Example A | Example B |
|---|---|---|
| Total payment | 2,000 USD | 2,000 USD |
| Net recipient proceeds | 1,760 EUR | 1,788 EUR |
| Effective rate after costs | 0.880 EUR / USD | 0.894 EUR / USD |
| Cost against example reference | 44.44 USD (2.22%) | 13.33 USD (0.67%) |
For the same payment, B delivers 28 EUR more. At the example reference rate, that difference is equivalent to 31.11 USD. If B has an extra receiving charge of 5 EUR that is absent from its quote, its proceeds become 1,783 EUR and its advantage falls to 23 EUR. The sending fee alone would miss this distinction.
If B instead costs 2,020 USD, its larger recipient amount does not establish a saving for a 2,000 USD budget. Request a fresh quote for the same total debit. The calculator does not scale quotes to invent an offer, since fees and promotions may change with the amount.
Calculation method and limits
TRANSPARENT ARITHMETICLet P be your total source-currency payment, R the quoted recipient amount, D any additional recipient-currency deductions, and M a reference rate expressed as recipient currency per one source-currency unit.
Net proceeds N = R − D
Effective rate = N / P
Reference proceeds = P × M
Cost versus reference, in source currency = P − (N / M)
Cost percentage = [1 − N / (P × M)] × 100
The cost measure combines the effect of sender charges, the quoted rate and deductions you enter. It is a comparison with your chosen reference, not an itemised supplier fee or a promise that the reference is available for a transfer. Without a reference rate, the calculator still compares proceeds and effective rates but cannot measure cost against mid-market.
Unknown charges are not guessed. Results remain provisional until you confirm them. Negative benchmark cost means the entered proceeds exceed the chosen reference. That can reflect a promotion, different quote timing or an incorrect reference; it does not prove that a transfer has negative fees.
Amounts are displayed using the currency's standard decimal precision where the browser recognises the code. Calculations use unrounded entries. A same-budget comparison requires equal total payments. Tie checks allow a tiny numerical tolerance; the results also explain when a difference is below display precision. This tool does not assess provider safety, fetch rates, predict future prices or execute a transfer.
Common questions
BEFORE SENDINGCan I compare quotes without a reference rate?
Yes. For equal total payments, the quote delivering more after confirmed deductions has higher proceeds in this comparison. A reference rate is only needed to express the gap from a benchmark as a source-currency amount and percentage.
Which way around should I enter the rate?
Enter recipient currency per one source-currency unit. If you pay USD and receive EUR, an example rate of 0.90 means 1 USD = 0.90 EUR. If your source states 1 EUR = 1.1111 USD, take its reciprocal before entering it. For a same-currency transfer, a reference of 1 compares the total payment directly with net proceeds.
Does the result recommend Wise?
No provider has a built-in quote or preferred result. You can label either quote with any provider. The Wise link is an affiliate link for obtaining an actual offer, and Wise may or may not have higher proceeds for your particular transfer. Check its current availability, fees and terms yourself.
Are my inputs sent anywhere?
The calculator code processes entries in your browser and does not store or transmit them. Use “Clear inputs” to reset the entries. Opening a supplier link visits that supplier's site. Ordinary page requests and external resources are covered by our privacy information.
Sources and editorial note
CHECKED 30 SEP 2026- Wise Help Centre: fees for sending money. Wise explains that costs depend on the amount, currency and payment method, and directs users to a current quote. This is why the tool contains no fixed Wise fee schedule.
- Wise Help Centre: guaranteed rates. A rate guarantee depends on the deadline and payment conditions shown for the transfer. Compare valid offers rather than expired screenshots.
- U.S. Consumer Financial Protection Bureau: information before and after payment. Its U.S. consumer guidance separates total payment, exchange rate and recipient proceeds, and warns about receiving-bank fees and foreign taxes. We use these fields as a comparison checklist; legal disclosure rules differ by jurisdiction.
Written by Nicolas Griss for ExpatTools. Method published 30 September 2026. General comparison information, not personalised financial advice. Supplier information and quotes can change.
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