Free international wire and FX calculator from Fynvorax. Compare bank wire fees, FX spreads, and fintech transfer costs on cross-border payments.
Compare wire fees and FX spread vs mid-market rate. Sending $10,000 with 2% hidden spread costs ~$200 vs neobank at 0.3% — shop total landed amount, not advertised fee alone.
The interbank rate is the real-time equilibrium price at which global banks trade currencies with one another in international markets. It contains zero markup. It is the core wholesale baseline rate you see displayed on Google or Yahoo Finance. Fintech specialists offer transfers close to this index, whereas traditional banks apply hidden markups over it.
Traditional SWIFT transfers pass through corresponding network bank channels. If a transfer is marked with the default SWIFT code 'SHA' (Shared), clearing partner nodes dynamically subtract intermediate billing fees directly of the principal capital during transit, causing less net cash to enter the destination account.
The real interbank benchmark without retail markup. Your all-in cost = mid-market + provider spread + wire fee.
Often yes on retail corridors due to lower spread, but compare landed currency for your exact amount and country.