App transfer

The real exchange rate, no markup

0.4

flat fee

0.55%

percentage fee

0.35%

rate markup

Genuinely cheap on the rate, and the percentage fee is the part that grows with the amount.

Nothing is hidden here, which is the point of including it. The percentage fee is quoted, it is charged, and it grows with the amount rather than shrinking against it. On a large transfer that is the deduction to watch.

Put these three numbers through the calculator

Open the calculator