How do Wise fees work

Wise charges a transparent fee structure that combines a small percentage of the transfer amount (typically 0.5% to 1.5%) with a fixed fee that varies by currency pair and payment method. For transfers from India, the fees depend on whether you are sending money abroad or receiving it. Wise uses the mid-market exchange rate without markup, which is one of its key advantages, but the total cost still includes the upfront fee. You can see the Wise overview for a detailed breakdown of how these charges compare to other platforms.

For Indian freelancers and exporters receiving payments from abroad, Skydo often presents a more cost-effective alternative. As an RBI-authorised platform, Skydo offers competitive rates with faster settlement times, typically within 1 to 2 business days, and transparent pricing designed specifically for inbound international payments to India.