Money transfer business calculator
Planning your own money transfer app? See what transfer fees and an exchange rate margin could bring in each month, after your costs, from your own numbers. Free, no sign-up, nothing leaves your browser.
Every figure here is only an example: put in the fees you plan to charge and the costs your partners quote you. It leaves out staff, marketing and compliance costs.
How money transfer businesses make money
Most charge a transfer fee, add a margin to the exchange rate, or both. Behind the scenes, a money transfer operator settles with its partners in bulk rather than moving each payment separately, and its partner in the other country pays out to a bank account, a wallet or for cash collection.
What it takes to start one
Money transfer is regulated almost everywhere, so a money transfer operator needs a licence or registration, or to work under a licensed partner, plus identity and anti-money laundering checks, and payout partners in the countries it serves.
Launch your own money transfer app
SendPay Transfer platforms let you launch a money transfer app under your own brand, powered by licensed partners. It is free to design and preview, and you only pay when you publish. SendPay tells you in writing which licences apply to your platform before you pay.