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Digital-first providers like Wise, Revolut and Remitly generally offer the lowest total costs because they use the mid-market exchange rate with only a small markup. Traditional banks and services like Western Union often charge higher fees and rate markups, especially for small transfers.

Every service adds a markup to the interbank (mid-market) rate to earn revenue. Some advertise "0% fee" but recover their costs through a worse exchange rate. Always compare the total cost — fee plus rate markup — not just the headline fee.

The mid-market rate is the rate at which banks trade currencies with each other, with no markup. It is the fairest benchmark for comparing transfer services. Providers rarely offer you the exact mid-market rate — they add a margin of 0.3% to 4% or more.

Delivery speed varies: Wise typically takes 1–2 business days, Remitly offers instant or 1-day options, PayPal is usually instant to PayPal accounts, and banks can take 3–5 business days. Speed usually correlates with cost.

Yes. Most services have daily and annual limits. Bank-to-bank wires often allow larger amounts, while fintech apps like Wise and Revolut may cap transfers until you verify your identity. Check each provider's limit for your specific corridor.

Watch for currency conversion markups, card funding fees, intermediary bank fees, receiving bank charges and weekend rate adjustments. Some services also charge for canceling or reversing a transfer. Read the full fee schedule before sending.

Sending $1,000 to India typically costs between $5 and $40 depending on the provider. Digital services like Wise or Remitly usually charge around 0.5–1.5% plus a small fixed fee, while banks can charge 3–5% through rate markups. Use the calculator to compare providers for your exact amount.

For the Philippines, popular corridors from the US (USD to PHP), Australia (AUD to PHP) and the UK (GBP to PHP) are cheapest with digital providers using the mid-market rate. Compare the total cost — fees plus exchange rate margin — for your specific amount to find the best deal.

No service sends money abroad completely free, but fees can be very small. Wise, Revolut and Remitly use the mid-market exchange rate and charge roughly 0.3–1.5% plus a small fixed fee. Be wary of services advertising “0% fee” — they usually recover their costs through a worse exchange rate.

Wise is almost always cheaper for sending money: it uses the mid-market rate with a transparent fee of about 0.3–1.5%. Western Union can cost 3–5% or more through exchange rate markups, although it remains useful for cash pickup and corridors where digital services are unavailable. Enter your amount in the calculator to compare exact costs for your transfer.

Sending $500 to Mexico typically costs $3–$15 depending on the provider. Digital services like Wise and Remitly use the mid-market rate with low fees on USD to MXN, while bank wires and Western Union cash pickup can cost 2–5% or more through exchange rate markups.

Sending $500 to China (USD to CNY) typically costs $4–$20 depending on the provider. OFX and Wise usually offer the lowest markups on USD to CNY, while card-funded transfers and banks can charge 3% or more.