What does an international transfer really cost?
The headline fee is rarely the real cost of an international transfer — the exchange-rate margin usually is. This calculator shows how the total compares across the three provider categories (banks, specialist services, and remittance providers) and how much the margin quietly adds. Illustrative typical ranges, not live quotes or financial advice. Australia places no cap on incoming transfers; sending-country limits may apply.
Common questions
Why is the exchange-rate margin more important than the fee?
On larger transfers the exchange-rate margin — the gap between the mid-market rate and the rate you are given — usually costs far more than the upfront fee. A 3% margin on a $20,000 transfer is $600, which dwarfs a $20 flat fee. Always compare the total amount the recipient receives, not the headline fee.
Are these live exchange rates?
No. This calculator uses typical published margin ranges for each provider category to illustrate how cost differs — it is not a live quote. Always check the live rate and total received with the provider before transferring.
Is there a limit on transferring money to Australia?
Australia places no cap on incoming transfers, but your sending country may — for example India's LRS caps individuals at USD 250,000 per financial year and China's SAFE quota is USD 50,000. Check the corridor guide for your country.