Description
Convert a cross-border payment after source- and target-currency fees.
Cross-border business records combine named parties, contract versions, currencies, fees, shipment terms and local-time transcriptions. A supplied rate direction or fee currency determines arithmetic, while an authentic-language or trade-rule label remains a record assertion. Local calculations do not establish actual settlement or governing obligations.
Convert a cross-border payment after source- and target-currency fees.
When to use this tool
Use Cross Border Payment Fee Currency when you already have principalSourceCurrency, sourceCurrencyFee, targetPerSource, targetCurrencyFee and need to convert a cross-border payment after source- and target-currency fees.
How to use the tool and how it works
- Enter principalSourceCurrency, sourceCurrencyFee, targetPerSource, targetCurrencyFee. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read recipientTargetAmount, convertedGross. Use the output convention below.
Require nonnegative principal/fees and positive targetPerSource; convertedGross=principal*rate, recipient=(principal-sourceFee)*rate-targetFee.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| principalSourceCurrency | Principal Source Currency | Required. Finite number; minimum 0. |
| sourceCurrencyFee | Source Currency Fee | Required. Finite number; minimum 0. |
| targetPerSource | Target Per Source | Required. Finite number; strictly above 0. |
| targetCurrencyFee | Target Currency Fee | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| recipientTargetAmount | (principalSourceCurrency-sourceCurrencyFee)*targetPerSource-targetCurrencyFee; can be negative. | Required. Finite number. |
| convertedGross | Gross principal converted before either fee, not the recipient amount. | Required. Finite number. |
{
"input": {
"principalSourceCurrency": 1000,
"sourceCurrencyFee": 10,
"targetPerSource": 0.8,
"targetCurrencyFee": 5
},
"output": {
"recipientTargetAmount": 787,
"convertedGross": 800
}
}Limitations and assumptions
- Recipient amount may be negative; fee currencies and rate direction must match. No payment, live rate, bank charge or actual settlement is verified.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Review the original agreement, invoice, shipment and payment records with their stated editions and currency bases. Use complete contractual and valuation rules for actual obligations; supplied shares, labels and conversions are auditable components of that review.
References
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