Wire fees, exchange rates, fraud checks
See what a wire really costs before you send it
Banks publish their wire fees but not their exchange-rate markup, and on a large transfer the markup can cost more than the fee. Put in the quotes you got and see the total cost of each in dollars.
Compare your transfer quotes
Reference rate: ECB, 2026-10-23
How it works: the cost of a quote is everything you pay minus what the money the recipient gets is worth at the mid-market rate. That catches a fee and an exchange-rate markup in one number. Assumes the fee is paid on top of the amount sent; if a provider takes its fee out of the amount, enter what the recipient gets instead of the rate. The mid-market rate is the ECB euro reference rate crossed to dollars. ECB reference rates are published for information purposes only.
What banks charge for a wire
From each bank's own fee schedule. Click a bank for its cutoff times, waivers and the document the numbers come from.
| Bank | Domestic out | International out (USD) | International out (foreign currency) |
|---|---|---|---|
| Ally Bank | $20 | not published | not published |
| Bank of America | $30 | $45 | $0 |
| Capital One | $30 | not published | not published |
| Charles Schwab Bank | $15 | not published | not published |
| Chase | $25 | $40 | $5 |
| Citibank | $30 | $40 | $0 |
| Citizens Bank | $30 | $40 | $15 |
| Discover Bank | $30 | not published | not published |
| Huntington | $25 | $75 | not published |
| Navy Federal Credit Union | $20 | $25 | $25 |
| PNC Bank | $25 | $40 | $5 |
| Regions | $30 | $50 | not published |
| TD Bank | $30 | $50 | $25 |
| Truist | $20 | $65 | not published |
| U.S. Bank | $30 | $50 | not published |
| USAA | $20 | $45 | $45 |
| Wells Fargo | $30 | $30 | $0 |
Why the fee is only half the price
When you wire $1,000 abroad in dollars, your bank charges a flat fee and the recipient’s bank converts the money at its rate. When you send in the foreign currency, your bank does the conversion, and the rate it gives you sits some distance from the mid-market rate. The gap is a charge, even though no statement calls it one.
Regulation E (12 CFR 1005.31) makes a provider tell you the exchange rate and the amount the recipient will get before you pay for a consumer international transfer. They do not make it tell you how far that rate is from the market. The calculator does that subtraction.
Worked example (hypothetical quote). You send $5,000 to Mexico. The ECB reference rate on 2026-10-23 works out to 18.7819 pesos per dollar. Your bank charges a $45 wire fee and offers 18.22 pesos per dollar, 3% under the reference rate.
The recipient gets 91,100.00 pesos. At the reference rate those pesos are worth $4,850.41, so the rate cost you $149.59. Add the $45 fee and the transfer cost $194.59, or 3.9% of what you sent. The flat fee was the smaller part.
Questions people ask
What is the mid-market rate?
It is the midpoint between the prices at which banks buy and sell a currency on the wholesale market. No retail customer gets that rate, but it is the fairest benchmark. This site uses the European Central Bank's daily reference rates, converted to dollars, and shows the date.
Why does my bank charge less for a wire sent in foreign currency?
Because it earns money on the conversion. A bank that waives its fee when it converts your dollars is charging you through the exchange rate instead. The calculator shows how much that is.
Do these fees include what the recipient's bank charges?
No. They are what your US bank charges you. An intermediary bank or the receiving bank can take its own fee from an international wire. For consumer transfers your provider has to disclose covered fees before you pay.
Does Wire Cash send money?
No. Wire Cash publishes fees and a calculator. To send money you use your bank or a licensed transfer provider.