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Remittance Calculator

Calculate fees and recipient amount for an international money transfer.

Introduction

Remittance Calculator — Calculate fees and recipient amount for an international money transfer. Enter Amount sent, Fee (%), Flat fee, Exchange rate to get an instant, accurate result.

Formula

Fee = (amount sent × fee rate %) + flat fee. Amount after fees = amount sent − fee. Recipient receives = amount after fees × exchange rate.

Step-by-step

  1. Enter the Amount sent.
  2. Enter the Fee (%).
  3. Enter the Flat fee.
  4. Enter the Exchange rate.
  5. Click Calculate to see your result instantly.

Real-world example

Example: With Amount sent = 1000, Fee (%) = 1, Flat fee = 5, Exchange rate = 1.1, the Remittance Calculator gives Fee: 15, Amount After Fees: 985, Recipient Receives: 1083.5.

Frequently Asked Questions

Does the fee come out before or after currency conversion?
Before — the fee is deducted from the sent amount first, and only the remainder is converted at the exchange rate.
Where do I find the exchange rate to use?
Use the specific rate your transfer provider quotes, since it may differ from the live market rate shown elsewhere.
What inputs does the Remittance Calculator need?
You'll need to provide: Amount sent, Fee (%), Flat fee, Exchange rate. All fields use sensible defaults, so you can see a working example immediately and then adjust the values to match your own numbers.
How accurate is the Remittance Calculator?
The Remittance Calculator applies the formula exactly as calculated — Fee = (amount sent × fee rate %) + flat fee. Amount after fees = amount sent − fee. Recipient receives = amount after fees × exchange rate. — so results are precise for the inputs you provide. Accuracy depends on entering correct, realistic input values.
Are these results guaranteed?
No. The Remittance Calculator gives an estimate based on the numbers you enter and standard financial formulas — actual rates, fees, taxes, and terms vary by lender, institution, and jurisdiction, and can change over time. This is not financial advice; consult a qualified financial professional for decisions specific to your situation.
Is the Remittance Calculator free to use?
Yes, the Remittance Calculator is completely free, requires no signup, and runs instantly in your browser.

About the Remittance Calculator

The Remittance Calculator uses a real, verifiable formula — Fee = (amount sent × fee rate %) + flat fee. Amount after fees = amount sent − fee. Recipient receives = amount after fees × exchange rate. — so results are accurate every time, not an approximation.