Description
Subtract foreignFixedFee before converting at domesticPerForeign for convertedGross.
Trade-finance arithmetic combines supplied fees, exchange factors, timing windows, and reporting bases. A local consistency result does not establish document compliance, contract rights, or bank acceptance.
Subtract foreignFixedFee before converting at domesticPerForeign for convertedGross.
When to use this tool
Use Export Payment Fx Fee Net Term when you need one transparent cross-border cost or timing component.
How to use the tool and how it works
- Enter foreignReceipt, foreignFixedFee, domesticPerForeign, percentFee, domesticFee. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read convertedGross, domesticNet. Use the output convention below.
Subtract foreignFixedFee before converting at domesticPerForeign for convertedGross. Apply 1 - percentFee to that converted amount and subtract domesticFee for domesticNet.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| foreignReceipt | Foreign Receipt | Required. Finite number. |
| foreignFixedFee | Foreign Fixed Fee | Required. Finite number; minimum 0. |
| domesticPerForeign | Domestic Per Foreign | Required. Finite number; strictly above 0. |
| percentFee | Percent Fee | Required. Finite number; minimum 0; maximum 1. |
| domesticFee | Domestic Fee | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| convertedGross | Converted Gross | Required. Finite number. |
| domesticNet | Domestic Net | Required. Finite number. |
{
"input": {
"foreignReceipt": 10000,
"foreignFixedFee": 50,
"domesticPerForeign": 1.2,
"percentFee": 0.01,
"domesticFee": 20
},
"output": {
"convertedGross": 11940,
"domesticNet": 11800.6
}
}Limitations and assumptions
- Use foreign currency for receipt and its fixed fee and domestic currency for the final fee; negative net receipts are possible.
- 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 complete transaction, contract, bank terms, and applicable accounting policies before acting on a partial calculation.
References
Similar or alternative tools
- Agent Commission Currency Crosswalk
Multiply saleValue by commissionFraction in sale currency, convert with agentCurrencyPerSaleCurrency, and add fixedFee in agent currency for totalAgentPayment.
- Documentary Collection Remittance Net Fee
Sum collectingFee, remittingFee, and intermediaryFees for totalFees, then subtract all fees from collected for netRemitted.