Multi-Currency Account Fee Calculator

A multi-currency account fee calculator is a financial tool that compares the total annual cost of holding and using multi-currency accounts from different providers. It takes your monthly transaction volume, currencies used, transfer types (local, SWIFT, SEPA), ATM withdrawal frequency, and foreign card spending, then computes the monthly account fees, currency conversion fees, transfer fees, ATM fees, and total annual cost for each provider. The calculator supports side-by-side comparison of Wise, Revolut, Payoneer, HSBC Global Money, and Citi Global Wallet - all with their unique fee structures. Everything runs entirely in your browser with no data uploaded to any server.

1. Enter Your Account Usage Details: Input your monthly transaction volume (how much money moves through the account each month), the currencies you use regularly (a key factor in conversion costs), and which transfer types you rely on - local/ACH transfers, SWIFT international wires, or SEPA eurozone transfers. Each transfer type has different fee structures across providers.
2. Configure Spending & Withdrawal Behavior: Enter the number of ATM withdrawals you make per month and the amount of foreign currency card spending you do abroad. These factors significantly impact the total cost for providers that have ATM fee allowances or foreign transaction fee structures. Some providers include free ATM withdrawals up to a limit, while others charge per withdrawal.
3. Review the Complete Cost Comparison: The calculator displays a side-by-side comparison of all providers showing the monthly account fee, currency conversion costs, transfer fees, ATM withdrawal fees, total monthly cost, and total annual cost. Each fee component is broken down so you can see exactly where each provider charges the most and which provider offers the best value for your specific usage pattern.

• Monthly Account Fee:The recurring monthly fee charged by each provider for maintaining the multi-currency account. Some providers like Wise charge no monthly fee, while Revolut offers tiered plans (Free at $0, Premium at $10/month, Metal at $17/month) and Payoneer charges an annual fee. The calculator includes the provider's standard plan fee.
• Currency Conversion Fees:The cost of converting between currencies within the account, calculated as the transaction volume multiplied by the provider's conversion markup. Wise uses a percentage of the transaction volume with mid-market rates, Revolut offers free conversion up to certain limits depending on plan tier, and traditional banks typically charge a percentage markup plus a fixed fee.
• Transfer & ATM Fees: The cost of sending money via local transfers, SWIFT wires, or SEPA transfers, plus any fees for ATM withdrawals abroad. Each provider has different fee structures - Wise charges a percentage for SWIFT, Revolut offers free local transfers with limits, and HSBC and Citi have their own fee schedules for international transfers and out-of-network ATM usage.
• Total Annual Cost: The sum of all fees over a 12-month period, giving you a comprehensive view of the true cost of each multi-currency account based on your actual usage patterns. The provider with the lowest total annual cost is highlighted as the recommended option for your specific needs.

The multi-currency account fee calculator is 100% free with no signup required. All calculations are performed locally in your browser - your transaction volumes, account details, and financial data never leave your device. There are no usage limits or restrictions. The tool supports comparison of five major multi-currency account providers with customizable usage parameters including transaction volume, currencies, transfer types, ATM usage, and card spending. Use it as many times as you need to find the most cost-effective multi-currency account for your international banking needs.