Transparency
How We Get Our Rates
Every rate on CheckRate comes directly from the provider, the same rate you'd see if you opened their app right now.
Checked about every hour
Our rate collector checks each provider about every hour and timestamps each rate, so you can see how fresh it is. A rate older than a day is not shown.
Ranked by what you receive
We rank providers by the actual amount your recipient gets, after fees and exchange rate are both applied.
No paid rankings
No provider pays to appear first. The best rate is always at the top, full stop.
Why we rank by recipient amount
A provider with zero fees but a weak exchange rate can cost your family more than one charging a small fee with a better rate. Comparing headline rates alone is misleading.
CheckRate shows you the number that actually matters, how much lands in your recipient's account. We calculate it as:
Note: recipient bank fees (if any) are not included, these vary by bank and are outside our control.
How CheckRate makes money
CheckRate is funded by advertising (Google AdSense). Providers do not pay us, our links go to their public websites with no referral codes, and ads never affect rankings, the rates shown or which providers we include.
Common questions
How often does CheckRate update exchange rates?
Rates are collected from provider platforms about every hour. Each rate card shows exactly when it was last checked.
Are the rates on CheckRate guaranteed?
No. Rates are for comparison only and reflect the rate at the time of the last check. Always confirm the final rate on the provider's platform before sending.
How is the estimated receive amount calculated?
Estimated receive = (amount you send minus transfer fee) multiplied by the exchange rate. This tells you what your recipient actually gets, not just the headline rate.
Does any provider pay to appear or rank higher on CheckRate?
No. Providers are ranked purely by estimated receive amount, highest at the top. No provider pays for placement, and CheckRate is not paid by providers at all. The site is funded by advertising, which never affects rankings.