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Travel / Remittance Calculator
FinanceCalculate how much foreign currency you'll receive after transfer fees and forex margins when sending money abroad or traveling internationally.
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Enter amount to calculate.
Understanding Remittance Costs
When you send money abroad or buy foreign currency, banks and money transfer services typically charge two types of fees: a transfer fee (fixed percentage or flat amount) and a forex margin (markup on the exchange rate). This calculator helps you understand the true cost of your transfer.
Common Fee Structures
Transfer Fees
Usually 1-3% of the transfer amount, charged by banks, forex cards, or remittance services.
Forex Margin
The difference between the interbank rate and the rate offered to you. Typically 0.5-2% markup.
How to Use
- 1Enter the amount in INR you want to send or convert.
- 2Select the destination country from the dropdown.
- 3Adjust the transfer fees percentage charged by your bank/service.
- 4Set the forex margin percentage applied on the exchange rate.
- 5View the estimated amount you will receive in foreign currency.
Best For
- Planning international travel budget.
- Comparing remittance service costs.
- Estimating education or family support transfers abroad.
