How much does Wise charge for currency conversion

Wise charges a transparent fee that typically ranges from 0.4% to 2% for currency conversion, depending on the currency pair and payment method. For conversions involving Indian rupees, the fee is often around 1.5% to 2%, plus a small fixed fee. While Wise is generally cost-effective for personal transfers, businesses and freelancers receiving international payments may find better value with alternatives like Skydo.

Skydo is an RBI-authorised platform built specifically for Indian exporters and freelancers, offering competitive pricing that often beats Wise for business use cases. You can review a detailed Wise pricing comparison to see how conversion fees and transfer speeds stack up. For regular cross-border receipts, Skydo combines low costs with faster settlement times and dedicated compliance support, making it a stronger choice for business income over consumer-focused services.