Currency Exchange Fee Calculator

Compare bank vs Wise vs bureau exchange rates to find the true cost of sending money abroad.

✓ Free✓ Instant results✓ Mobile friendly✓ No sign-up

Amount to Send (£)

Mid-Market Rate

Your Rate (from bank/bureau)

Extra Fee (£)

You Receive (fair rate)

You Receive (your rate)

Hidden Cost

Effective Markup %

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Hidden Currency Exchange Costs

Banks often use a marked-up exchange rate plus fees. The mid-market rate (Xe.com) is the fair rate. The difference between mid-market and your rate is the hidden fee.

True Cost of Currency Exchange

Frequently Asked Questions

How do I find the real exchange rate?+

Check Xe.com or Google for the live mid-market rate. Compare this to your bank's offered rate — the difference is their markup.

Is Wise cheaper than banks?+

Typically yes. Wise uses the mid-market rate and charges a transparent fee (usually 0.5–2%). Most banks charge 2–5% hidden in the rate plus additional fees.

Currency Exchange Fee Calculator

✨ Related Calculators

Hidden Currency Exchange Costs

True Cost of Currency Exchange

Frequently Asked Questions

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