Definitions:

Market exchange rate: Market rate of local currency relative to 1 USDC without fees and commissions.

Net exchange rate: Market rate of local currency relative to 1 USDC with fees and commissions.

Service fee: Percentage of the transaction provided to Airtm. 

Escrow fee: Fixed fee provided to Airtm.

Peer variable commission: Percentage of the transaction provided to the acceptor as a commission for accepting the request.

Peer fixed commission: Fixed fee provided to the acceptor as a commission for accepting the request.

Discounted matching fee: Updated variable fee provided to Airtm for updating transaction to a better rate than the user was quoted upon creating request.

Transfer fee: Fixed fee provided to Airtm.

Blockchain fee: Fee charged by cryptocurrency network.

*When inputting the above values using the below equations, if any value is not provided do not include it in the equation.

Equations:

For P2P add funds (adding via submitting a request):

Funds to receive = (Funds to send*(1 - service fee - peer variable commission) - escrow fee - peer fixed commission) / 1 USDC market exchange rate
Funds to send = (Funds to receive * 1 USDC market exchange rate + escrow fee + peer fixed commission) / (1 - service fee - peer variable commission)

For P2P withdraw funds (withdrawing via submitting a request):
Funds to receive = (Funds to send*(1 - service fee - peer variable commission) - escrow fee - peer fixed commission) * 1 USDC market exchange rate
Funds to send = (Funds to receive / 1 USDC market exchange rate + escrow fee + peer fixed commission) / (1 - service fee - peer variable commission)

For Direct bank add funds (adding directly):

Funds to receive = ((funds to send/market exchange rate) - transfer fee) / (1 + service fee)
Funds to send = (funds to receive*(1 + service fee) + transfer fee)*market exchange rate)

For Direct bank withdraw funds (withdrawing directly):

Funds to receive = (Funds to send*(1 - service fee) - transfer fee) * 1 USDC market exchange rate
Funds to send = (Funds to receive / 1 USDC market exchange rate + transfer fee) / (1 - service fee)

For Direct cryptocurrency withdraw funds (withdrawing funds directly):

Funds to receive = (Funds to send*(1 - service fee) - blockchain fee) * 1 USDC market exchange rate
Funds to send = (Funds to receive / 1 USDC market exchange rate + blockchain fee) / (1 - service fee)

For Direct debit card add funds (adding directly):

Funds to receive = ((funds to send/market exchange rate) - transfer fee) / (1 + service fee)
Funds to send = (funds to receive*(1 + service fee) + transfer fee)*market exchange rate)

For Peer Acceptors of P2P Requests:

For acceptor P2P add funds (adding via accepting a withdraw request):

Acceptor funds to send = requester funds to receive
Acceptor funds to receive = requester funds to send - requester funds to send * service fee - escrow fee

For acceptor P2P withdraw funds (withdrawing via accepting an add request):

Acceptor funds to send = requester funds to receive + requester funds to send * service fee / 1 USDC market exchange rate + escrow fee / 1 AUSDC market exchange rate
Acceptor funds to receive = requester funds to send