Banks often include 1.5% to 3% FX markup inside the exchange rate they display. This hidden markup reduces the amount you receive when sending money abroad. This calculator helps you estimate the FX markup charged by major banks and compare it with Paasa’s interbank rates.
FX markup is the biggest hidden cost in international remittances. Banks embed their fee inside the exchange rate, meaning the rate you see is not the true interbank rate. Even a small markup can significantly reduce the amount you receive..
For example, a 2% markup on ₹10,00,000 costs you ₹20,000. At ₹25,00,000, that becomes ₹50,000 — and at ₹50,00,000, it's ₹1,00,000 lost
For anyone remitting regularly for global investing, these differences add up quickly. Paasa has secured exclusive partnerships with leading Indian banks, allowing us to route remittances at institutional grade FX rates with a transparent spread of 40paise. This helps you retain more of your capital with every transfer and improves long term efficiency.
Whether you invest through U.S. stocks, ETFs, RSUs, or global multi-market portfolios, our team can help you build a safer and fully compliant international allocation.
FX fees are charges that brokers levy for converting one currency to another. These can include exchange rate spreads, commission fees, and other transaction costs.
FX fees are typically calculated as a percentage of the conversion amount or as a fixed fee per transaction. The exact calculation method varies by broker and currency pair.
Yes. Paasa has tie up with HDFC, ICICI, Kotak and Axis banks.
HDFC Bank FXThis fee is charged separately by your bank and is not included in the FX markup or amount received
Paasa / HDFC Bank FXThis fee is charged separately by your bank and is not included in the FX markup or amount received
Disclaimer: FX rates and markups in this calculator are estimates intended for informational use. Bank rates may vary by branch and timing. Please verify your bank's charges before initiating a remittance.
