Xe Money Transfer sends international payments for individuals and businesses to more than 190 countries in over 130 currencies. Transfers are described as instant, and the exchange rate includes a markup. Fees depend on the currency, destination and payment method, with applicable charges shown before confirmation. Depending on availability, customers can pay by direct debit (ACH), wire transfer, debit card or credit card; recipients can receive funds by bank deposit, cash pickup or mobile wallet where available. Xe is available on the web and through iOS and Android apps. The app supports transfers, currency conversion, live exchange rates and transfer tracking, and can notify users when a chosen rate is reached. Transfers can also be scheduled. Online limits vary by region, and payment methods may impose additional limits. Xe may request identity documents, with requirements depending on the country. Xe says it uses encryption, multi-factor authentication, identity verification and fraud monitoring, and that it is globally regulated and complies with privacy regulations including GDPR and CCPA. Support is available through the app; Xe's security page lists support availability as 24/5.
Who it is for
Xe suits individuals and businesses sending money internationally who need multiple currencies and recipient options. It may also suit users who want transfer tracking, rate alerts or scheduled transfers through a web or mobile app.
What is good
- Transfers cover more than 190 countries and 130 currencies.
- Applicable fees are shown before confirmation.
- Offers transfer tracking and scheduled transfers.
- Recipients can receive funds by bank deposit, cash pickup or mobile wallet.
- Available on web, iOS and Android.
What to know first
- Fees vary by currency, destination and payment method.
- Exchange rates include a markup.
- Online limits vary by region.
- Identity documents may be required.
Verdict
Xe combines international transfers with currency tools, tracking, rate alerts and scheduling across web and mobile. Costs, available payment and receipt methods, limits and identity-document requirements can vary by circumstances.
Xe Money Transfer plans and pricing
All plansCompared on money transfer apps
- Free plan
- Yes
- Transfer speed
- instant
- Exchange-rate model
- markup
- Mobile platforms
- both
- Upfront fee display
- Yes
- Transfer tracking
- Yes
- Scheduled transfers
- Yes
