![]() For example, on the App Store, the XE app earned a 4.5 out of 5-star rating from around 5,200 reviews. XE Money Transfer's mobile app, which allows users to send money from their smartphone in a few taps and receive exchange rate alerts, has garnered good ratings on iOS and Android. Overall, all of this means XE's service is a trusted, reliable, fast, and secure option to send money abroad. However, they do have a USD 500,000 maximum limit (or equivalent in another currency) for online transactions. XE Money Transfer sets no minimum transfer limit on their customers. More impressively still is that most of these transactions are completed within a single working day, with SMS status updates being provided along the way. ![]() XE Money Transfer offers an impressive scope of service, allowing customers to send money to 130 countries and around 100 currencies worldwide. ![]() In addition to standard foreign exchange, the service also provides forward contracts and other currency transfer services and offers several business-specific services for international commerce. XE also offers tailored advice for those who’d like to send at a specific spot exchange rate, make multiple payments, or have complex requests. When sending money abroad, all customers have access to customer support and even to a personal account manager if the transfer is large enough. (Be aware that using a credit card will incur an additional fee, however.) During this verification check, you may be asked to verify your identity and physical address (both of which can be done online).Īs an XE customer, you can set up an account online and make currency exchange transactions on their secure online platform using your online banking, debit card, or credit card. Much-loved by its customer base, XE has been exchanging currency for over 25 years and is today part of the Euronet Worldwide Group, a prominent player in cross-border financial services.Īs a new customer, you can now send money immediately after registering, though a verification check will sometimes be required before you send your first transfer if your transfer is large enough or between certain countries. XE Money Transfer is a large and trusted international foreign exchange service that offers international money transfers between almost all currencies worldwide. To top things off, the company also uses industry-standard encryption technology to protect clients' funds, and in line with regulatory requirements, they also hold all client money in segregated user accounts.Īlthough opening a new account with XE Money Transfer can take some time, in general, making a transfer and using the service is easy, with card and bank pay-in options available to choose from. Authorization: Is XE Money Transfer Legit?įully authorised and licensed by the Federal Conduct Authority (FCA) and HMRC in the UK, XE Money Transfer is recognised worldwide as one of the market leaders in international money transfers. Today, the company services over six thousand businesses and half a million personal customers by moving some US$10 billion in annual transfer volume around the globe. Founded in 1993 at the very beginning of the internet era, XE Money Transfer is one of the oldest and most distinguished online money transfer operators on the market. Yes, XE Money Transfer is most certainly a safe and secure company. A world leader in ATM services, Euronet also processes over US$70 billion in ATM withdrawals, money transfers, and prepaid products every year.Īs a matter of fact, Euronet also owns Ria, the third-largest money transfer company on the globe after Western Union and MoneyGram. They're a part of Euronet Inc, a publicly-traded money transfer company that employs over 4,500 people worldwide and has partnerships with hundreds of companies, including Amazon, Visa, MasterCard, PayPal, Apple, and Google. XE Money Transfer is a large and well-known international foreign exchange provider offering services around the world. Moving more than US$10 billion on an annual basis for around 500 thousand users, XE Money Transfer is indeed a prominent and trustworthy money transfer service.
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