# 

Get FX transfer rates, fees and delivery estimates

Learn how to create, update and use quotes to check FX rates, fees, and delivery estimates, enabling seamless money transfers with Wise Platform.

## Overview

The Send Money flow begins with the creation of a quote to transfer a FX payment.

| A quote defines: | And will return: |
|  --- | --- |
| which currencies you’re converting | the rate and any fees |
| how much to send or receive | estimated delivery speed |
| who is sending and receiving the money | available methods to fund the transfer |


## Quote Types

There are two types of quotes that can be generated:

Unauthenticated Quotes
`POST /v3/quotes` *(optional)*  
**Purpose:**

-   - Optional to offer fast estimates for illustration
-   - No Auth or ProfileID needed
-   - But can’t be used to create real transfers


Authenticated Quotes
`POST /v3/profiles/{profileId}/quotes`  
**Purpose:**

-   - Required to create a real transfer
-   - Must be assoicated with profile
-   - Needs updating with recipient for accurate fees


Providing payin and payout details improves the accuraty of the quote.

### Authenticated vs Unauthenticated Quotes

| Feature | Authenticated | Unauthenticated |
|  --- | --- | --- |
| **Authentication** | Required (OAuth 2.0) | Optional |
| **Profile ID** | Required | Not applicable |
| **Quote ID** | Generated | Not generated |
| **Can create transfer** | ✅ Yes | ❌ No |
| **Rate locking** | Available | Not available |
| **Use case** | Real transactions | Display/marketing |
| **Rate limits** | More restrictive | More permissive |


## The Quote flow

Typically there's 2 or 3 steps involved in creating a quote that can be used for a transfer.

Configure pricing 
This is an optional step to allow partners to override pricing per quote via pricing configuration. Most partners can skip this step.

Create a quote
Create an authenticated quote. You need to provivde a profileID (the account sending the money), currencies and either the money to send or the amount to be received (never both).

Add the recipient
Before creating a transfer, the quote must be updated to state the recipient of the money. This will ensure you have accurate fees, delivery estimates and the payout network.

The mid‑market exchange rate is locked when the Authenticated quote is created and typically remains valid for 30 minutes, giving the user time to complete the flow.

## Fees and Pricing

Included in a quote are the `fee` and `price` objects for each payin option. These include the summary and detailed views of the fees to be charged on the transfer.

The `fee` object gives a summary of the fees. The `transferwise` fee includes any taxes or fees that Wise will charge. Additional fields, such as `payIn`, `discount` and `partner` will include any amounts as applicable. `total` sums all fees and discounts for that payment option.

The `price` object further breaks down the fees and discounts as line items. This will include any discounts, fees or taxes and give the appropriate name for each.

## Testing Quotes in Sandbox

Sandbox provides realistic but not live rates, so the quote you receive when you test may differ from what is available in Production.

In Sandbox, you cannot test a `rateType` of `FLOATING`.

Speak with the Wise team if you have further questions about testing quotes in Sandbox.