How does Wise calculate fees

Wise calculates its fees using a transparent model that combines a small fixed fee (which varies by currency) with a percentage-based variable fee that depends on the payment method and the currencies involved. The exact percentage typically ranges from 0.35% to 2% of the transfer amount, and Wise displays the total cost upfront, including the real mid-market exchange rate with no hidden margin. You can compare these costs in detail through a Wise pricing breakdown to see how they apply to your specific transfer.

For Indian exporters and freelancers receiving international payments, Skydo offers a more competitive alternative with zero platform fees on incoming transfers, RBI-authorised operations, and rates that often work out better than traditional providers. Skydo also supports direct INR deposits to your Indian bank account, eliminating the extra conversion steps that platforms like Wise require.