How much is Wise transfer fee
The Wise transfer fee varies by route, starting around 0.2% to 0.45% for major currencies and usually falling between about 0.5% and 2% of the amount sent. Wise converts at the mid-market exchange rate without adding a markup and shows the fee upfront.
Under Wise pricing, the total cost of a transfer combines a fixed fee, a percentage-based variable fee, and any charges linked to your payment method or local taxes.
The fixed fee covers processing and generally ranges from about $0.30 to $4.50 USD, or the local currency equivalent, depending on how you fund the transfer. Bank debits such as ACH and direct bank transfers sit at the lower end, while credit cards and international wires cost more.
The variable fee is a percentage that grows with the amount sent and shifts with how popular and liquid the currency pair is.
- Popular routes: Pairs such as USD to EUR, GBP or AUD usually carry a variable rate of roughly 0.2% to 0.5%.
- Mid-tier routes: Pairs such as USD to CAD or SGD typically cost about 0.4% to 0.7%.
- Higher-cost routes: USD to INR transfers and business accounts often land between 1.6% and 2.0%, a figure that frequently includes GST or other local taxes.
Receiving money has its own charges on Wise.
- Domestic or ACH receipts: Receiving major currencies such as USD, EUR, GBP and CAD into a Wise account through local transfers is free.
- USD wire or SWIFT receipts: Wise charges a flat $6.11 USD to receive a wire transfer.
Wise applies volume-based discounts automatically once monthly transfers exceed 25,000 USD or the equivalent in another currency.