Xe Money Transfer Service: 2025 Comprehensive Review

In a Nutshell

Xe is a leading global money transfer service, celebrated for its reliability, user-friendly interface, and speed. With support for over 100 currencies and transactions reaching nearly every corner of the globe, Xe is a top choice for personal and business transfers. Whether you’re sending money to a bank account, mobile wallet, or for cash pickup, Xe has you covered.

Nuts About Money Rating: 5 stars

Why Choose Xe?

Trusted by Millions

For over 30 years, Xe has been at the forefront of international money transfers, handling over $115 billion in annual transactions. With thousands of 5-star reviews and millions of satisfied users worldwide, Xe is synonymous with trust and efficiency.

Versatile Transfer Options

• Bank Transfers: Seamlessly send money directly to bank accounts globally.
• Mobile Wallets: Transfer funds using just a phone number.
• Cash Pickup: Available at over 500,000 locations worldwide, ensuring recipients can collect funds conveniently.

User-Friendly Interface

The Xe platform is intuitive and accessible through its website, mobile app, and even phone support. Transfers are quick and easy to set up, with multiple funding options for added flexibility.

How Xe Works

Step-by-Step Process

1. Fund Your Xe Account:
   • Add money via bank transfer, debit card, or credit card (fees may apply).
2. Convert Currency:
   • Xe offers competitive exchange rates, with fees transparently built in.
3. Send Money:
   • Choose the recipient’s preferred method, and funds are typically delivered in 1-4 days.

Enhanced Convenience

• Automated Transfers: Set up recurring transfers to save time and effort.
• Market Orders: Specify a target exchange rate for automatic transactions.
• Forward Contracts: Lock in today’s rate for use within three years.
• Rate Alerts: Get notified when your preferred rate is available.

Mobile Wallet Integration

Mobile wallets are an excellent option for regions with limited banking infrastructure. Simply provide the recipient’s phone number, and funds will be delivered directly to their mobile wallet.

Delivery Options

Cash Pickup

With cash pickup services, recipients can collect money from over 500,000 locations worldwide, including local banks and retailers. A secure PIN ensures hassle-free collection.

Mobile Wallet Transfers

Xe supports direct transfers to mobile wallets, an ideal solution for recipients without traditional bank accounts.

Phone Transfers

For those who prefer speaking to a real person, Xe’s phone transfer option provides a classic yet reliable alternative.

Xe for Businesses

Streamlined International Payments

Xe offers tailored solutions for businesses needing to make payments in over 190 countries. These include:

• Supplier Payments: Send funds directly to supplier accounts.
• Employee Payroll: Pay global staff in their local currencies.
• Localized Operations: Operate seamlessly in foreign markets.

Advanced Tools for Businesses

• Risk Management: Protect against currency fluctuations with Xe’s FX tools.
• API Integration: Access real-time currency data to enhance financial systems.
• Rate Locking: Secure current exchange rates for future transactions.

Benefits for Businesses

Xe’s solutions provide cost savings, efficiency, and flexibility compared to traditional banking options, making it a smart choice for businesses of all sizes.

Fees and Exchange Rates

Transparent and Competitive Fees

1. Send Fee:
   • Typically £1.99; waived for transfers over £1,000.
2. Exchange Rate Fee:
   • Built into the conversion rate, ranging from 0.5% to 2% depending on the currency.
3. Third-Party Fees:
   • Fees may apply from intermediary or recipient banks.

Real-Time Exchange Rates

Xe’s rates are based on the mid-market rate with a small markup, ensuring cost-effective transfers without hidden surprises.

Customer Support

Comprehensive Assistance

• Help Centre: Extensive FAQs covering all aspects of the service.
• Phone Support: Available 24/5 with short wait times.
• Live Chat: Connect with real people in over 100 languages via the app or website.

Reliable Support Around the Clock

Whether you’re troubleshooting or need advice, Xe’s multilingual team is just a call or chat away.

Is Xe Safe?

Yes, Xe is a safe and secure platform for money transfers. As a Financial Conduct Authority (FCA)-regulated entity in the UK, Xe adheres to stringent standards for protecting your money. Backed by Euronet, a global financial leader, Xe offers unparalleled security and reliability.

Customer Reviews

Stellar Reputation

• Trustpilot Rating: 4.3/5 from 63,000+ reviews.
• Mobile App Ratings:
  • Apple App Store: 4.1/5
  • Google Play Store: 3.5/5

Common praises include:

• Dependable service
• Affordable fees
• Exceptional customer support

Pros and Cons

Pros

• Supports 100+ currencies
• Global delivery options
• Low fees compared to banks
• Excellent for personal and business use
• Reliable customer support

Cons

• Doesn’t use the mid-market rate
• Transfers may take up to 4 days
• No prepaid card option

FAQ

How long does a transfer take?

Most transfers are completed within 1-4 days, depending on the destination.

Can I cancel a transfer?

Yes, as long as the transfer hasn’t been processed. Contact customer support for assistance.

Are there fees for business accounts?

International payments for businesses are typically fee-free, though fees may apply for same-currency transfers.

How secure is Xe?

Xe is FCA-regulated and employs advanced security protocols. Additionally, its parent company, Euronet, ensures robust financial backing.

Contact Xe

• Website: Visit Xe
• Phone Support: Available 24/5
• Live Chat: Accessible via the Xe app or website

Make your money transfers simple, secure, and affordable with Xe. Start your journey today!