The fees for sending a remittance overseas can vary greatly depending on the business or financial institution that you choose to use. Some money transfer services may also charge more for faster service. Depending on the service that you choose, you may pay a flat rate for your transaction or it may be a percentage of the total dollar amount being transferred. As a general guideline, be prepared to pay anywhere between approximately $5 to over $100.
Also be sure to find out which currency the fees are being charged in and to take the exchange rate into account when calculating your transfer costs. Many institutions will also allow you the option to pay the fees yourself, have the receiver pay the fees or have the fees split equally between both parties involved.