We use your figures to work out your estimate and do not keep them unless you ask for your full report.
Until you enter a figure or a deal, we use your bank's published fee and an indicative spread, based on the banks' published rates on 12 October 2026, and say so in your results. Your actual spread depends on your own bank's pricing.
Bank 1
Leave it empty to use an indicative spread for your provider. Banks and brokers quote their spread as a percentage of the rate (e.g. 1.2%) or in cents (e.g. 18c). Where you enter deals under "I have some recent deals", the margin from those deals is used for all payments and receipts through your provider instead of this figure.
Enter recent deals from your provider's confirmations, spot deals or FECs, in any currency. We work out your provider's margin from them, the average where you enter more than one, and use it for all your payments and receipts through your provider in step 3, in every currency and both directions.
Deal 1
Choose the deal time in SA time (24-hour clock), or leave it blank if you do not know it: we then use that day's average interbank rate. To look up the rate, we send only the currency, the date and the time; your bank's rate and the amount stay in your browser.
←Click here to add bank once you have confirmed your margin and fees
Your estimate is worked out at the latest daily reference rate. You can replace it with a rate of your own.
Your bank's rate is the reference rate plus its spread when you send money abroad (outward) and minus its spread when you receive money from abroad (inward).
Numbers are written the South African way: a space between thousands and a point for decimals, so 400 000.00 and 16.5578. The boxes set this out as you type; a comma typed in a rate becomes the decimal point.
Add a row for each kind of payment or receipt: outward and inward, and each currency.
Enter your average payment or receipt size and how many a year (4 a month is 48 a year). A bank's fee has a minimum and a maximum, so one average can give the wrong fee when your payments and receipts vary a lot in size. If they do, use one row for each typical size, up to six rows, with how many of each a year.
Make sure you have provided enough detail, especially if you have different currencies and transaction sizes. You can add more banks and transactions to get a better estimate.