Fees Overview
To understand transfer fees when using Routefusion, there are a few simple rules to follow:
- Source Currency: Fees are always charged in the source currency (
source_currency) of the transfer. - Source Amount: Fees are always included in the source amount (
source_amount) of the transfer.
Fee Calculation
-
When
source_amountis applied:- The fee is deducted from the
source_amountbefore making the currency exchange. - Example: If
source_amountis 100.00, the rate is 1.0, and the fee is 1.00, then thedestination_amountwill be returned as 99.00.
- The fee is deducted from the
-
When
destination_amountis applied:- The fee is added to the
source_amountrequired to fulfill the fee and the conversion to meet thedestination_amount. - Example: If
destination_amountis 100.00, the rate is 1.0, and the fee is 1.00, then thesource_amountwill return as 101.00.
- The fee is added to the