Reference
Payout & FX fee comparison
The tools sellers actually use to receive, repatriate and convert, side by side. Numbers are indicative ranges that vary by country, amount and verification tier. Treat them as a map; confirm live figures with each provider before you move money.
Checked June 2026 · reviewed quarterly
1 · Receiving & withdrawing
| Provider | Receive (same currency) | Withdraw to bank | Availability |
|---|---|---|---|
| Payoneer | Free–low on receiving accounts | Flat ~$1.50, or % in some corridors | Broad incl. ID / BR / NG |
| Wise Business | Free in major currencies | Low flat + small % | Broad; check local in/out |
| PayPal | ~3.5%–4.4% + fixed (cross-border) | Flat or % to bank | Very broad |
| Local bank wire (SWIFT) | Incoming fee, often $10–$30 | n/a (already at bank) | Universal |
2 · FX margin (the cost that hides in the rate)
| Rail | FX margin | Rate transparency | Notes |
|---|---|---|---|
| Wise | from ~0.57% | High (shows mid-market + fee) | Usually the clearest |
| Payoneer conversion | ~0.5%–2% | Medium (embedded in rate) | Convenient with marketplaces |
| PayPal conversion | ~3%–4% | Low (embedded) | Often the most expensive |
| Local bank conversion | ~1.5%–4% | Low (ask in writing) | Varies widely by bank |
| Exchange route Referral | ~0.1%–1% | High (visible order book) | Adds steps & crypto risk |
That last row is tagged "Referral" because the exchange we mean is OKX, currently the only exchange this site carries an invite code for. We deliberately keep its sign-up link off this page: read the risks listed in holding or converting after a payout first, then decide. If you do sign up through our link we may receive a commission, at no extra cost to you; it moves no number in the table above, and where the exchange route is the wrong call for your money, the table says so.
3 · By market
| Market | Watch-for cost | Key rule |
|---|---|---|
| Indonesia (IDR) | Landing-bank conversion rate | Inbound FX via BI-regulated channel; match NPWP |
| Brazil (BRL) | IOF tax on FX | Contrato de câmbio for inbound commercial FX |
| Nigeria (NGN) | Official vs. parallel rate gap | Domiciliary account; avoid informal FX |
4 · How to read these numbers
The three tables above tell you the shape of the cost, not the answer for your transfer. When you compare for real, don't compare the rates printed on provider pages: compare the only two numbers on your own statement, what left and what arrived.
The one habit that beats any table
- Take the local currency you actually received, divide by the foreign currency you sent, and compare that to the mid-market rate at the same minute.
- That single division reveals the true all-in cost of any "free" transfer, including the margin no line item shows.
- Optimise the FX margin first, the flat fees second. The margin is almost always the bigger number.
Rates change: verify before you move money
Every figure here is indicative and was checked in June 2026. Providers change pricing, and exchange rates move every day. Always confirm the live rate and fee for your exact amount and corridor on the provider's official site before transferring. Where a number is decisive, get it in writing.
FAQ
What is the cheapest way to receive a USD payout and convert to local currency?
For most sellers a transparent multi-currency account (such as Wise) gives the lowest visible FX margin, from about 0.57% on many common conversions, with the exact fee shown before you convert. Bank wires are cheaper per dollar only on very large lump sums where a flat fee is negligible. Always compare the offered rate to the mid-market rate at the same moment.
Why is the FX margin more important than the transfer fee?
A transfer fee is usually a few dollars, while an FX margin is a percentage of the whole amount. A 3% margin on a few thousand dollars dwarfs any flat fee, and it is hidden inside the exchange rate rather than shown as a line item.