العربية

Money transfer fee calculator

See what your recipient really receives once fees and the exchange-rate mark-up are counted.

If you typed the reference rate, add the provider’s mark-up here. If you typed the provider’s own rate, leave it at 0.

Fees are

Result

Enter your numbers to see the result.

You enter the fees. NagdiWay does not hold or invent any provider’s prices — check the quote your provider shows before you send.

How to use it

  1. Enter the amount and the two currencies.
  2. Copy the fixed fee, percentage fee and exchange rate from your provider’s quote. The reference rate is filled in for you as a starting point.
  3. If you kept the reference rate, add the provider’s mark-up as a percentage. Then compare the total cost of different providers by repeating with each quote.

The formula

Recipient gets = (Amount − Fees) × Rate × (1 − Mark-up%)

Fees = fixed fee + Amount × percentage fee. The mark-up is the gap between the reference rate and the rate the provider gives you, and it is often the larger cost.

Worked example

You send 1,000 USD to Jordan. The provider charges a 5 USD fee and gives 0.695 JOD per dollar, while the reference rate is 0.709.

Mark-up = (0.709 − 0.695) ÷ 0.709 ≈ 1.97%.

Recipient gets (1,000 − 5) × 0.695 = 691.525 JOD. The real cost is the 5 USD fee plus ≈ 19.65 USD hidden in the rate.

Assumptions

  • You supply the fees and rate. NagdiWay does not store or guess any company’s prices.
  • The receiving bank may charge its own fee, which is not included.

Common mistakes

  • Choosing a "zero fee" service without checking its exchange rate.
  • Comparing quotes taken hours apart, when rates may have moved.
  • Forgetting intermediary or receiving-bank charges on SWIFT transfers.

Questions

Where do I find the provider’s rate?

On the quote screen before you confirm the transfer — usually shown as "1 USD = …". Use that number in the rate field and set the mark-up to 0.

Why is the reference rate filled in?

So you have a fair benchmark. The difference between it and your provider’s rate shows how much the rate itself costs you.

Estimates only. Your actual figures depend on the provider’s terms.