Fee Comparison Calculator
Compare transaction fees, exchange rates, and total costs across multiple currencies and payment processors. Make informed decisions for your international transactions.
Step 1: Transaction Details
£1,000
10
Understanding Transaction Fees
Fees vary based on currency, payment method, and provider. International transfers often have higher fees due to exchange rates and processing costs.
Step 2: Payment Processors
1.5%
About Payment Fees
Digital providers often have lower fees but may charge exchange rate margins. Traditional banks might have higher fees but offer more services and security.
Fee Comparison Results
Summary
Provider Comparison
Monthly Breakdown
Total Monthly Fees
£245.50
Based on 10 transactions of £1,000 each
Lowest Cost Provider
Wise
Highest Cost Provider
High Street Bank
Average Fee Rate
2.46%
Potential Monthly Savings
£127.80
Payment Provider Comparison
| Payment Provider | Fixed Fee | Percentage Fee | Total Fee | Amount Received |
|---|
Monthly Fee Breakdown
Fee Calculation Formula
Total Fee = (Transaction Amount × Percentage Fee) + Fixed Fee
For currency conversions: Amount Received = (Transaction Amount – Total Fee) × Exchange Rate
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