Free tool · runs in your browser
Transfer Frequency Calculator
Fixed fees punish frequent small transfers; percentage fees do not. Enter your monthly total, current frequency and fee structure to see what consolidation would save.
Assumes the same total is sent either way and ignores timing and rate differences. Consolidation wins when the fixed fee is large relative to the amount.
Fixed fees reward fewer transfers
If each transfer costs a fixed five regardless of size, four transfers cost twenty in fixed fees and one costs five. The percentage fee is unchanged because the same total is sent. The saving is purely the fixed part multiplied by the reduction in transfer count.
The trade-off is timing: the recipient gets the money later in the month. For bills with a fixed due date, keep the schedule that matches the bill and consolidate the rest.
When consolidation does not help
If the provider charges only a percentage fee, frequency is close to irrelevant on cost; the difference is rounding and timing. If a large single transfer triggers a better rate or a flat cap, consolidation helps more than the formula shows. If the recipient needs cash weekly, the fixed fee is the price of that schedule, not a mistake.
Frequently asked questions
Does this include the FX margin?
No. The calculator compares fees only. If two schedules get different rates, compare them with the remittance cost calculator instead.
What if the provider caps the fixed fee?
Enter the effective fee per transfer. If the cap applies only above a threshold, run two scenarios rather than forcing one number into the field.
Why is the percentage fee unchanged?
Because the same monthly total is sent. The percentage applies to the total, not to the number of transfers.
Is one transfer per month always best?
No. It minimises fixed fees, but it delays money and may miss bill dates. The best schedule minimises fees subject to the recipient's timing needs.