Looking for a seamless way to send money internationally without hidden fees? Xe offers fee-free personal transfers, competitive exchange rates, and a robust platform trusted by millions. In this review, we’ll cover how Xe works, its pricing, standout features, pros and cons, transparency credentials, and customer support.
How Xe Works
- Create & Verify Your Account
- Sign up online or via the mobile app (iOS/Android).
- Verify your identity with a government ID and proof of address for first-time transfers.
- Set Up a Transfer
- Choose “Send Money,” select your source and destination currencies, and enter recipient bank details or mobile wallet info.
- Review the real-time rate and estimated delivery time.
- Fund Your Transfer
- Pay by bank transfer, debit card, or credit card (card fees may apply).
- Xe locks in your rate instantly for up to 48 hours.
- Track & Deliver
- Get email and in-app notifications at each stage.
- Funds arrive according to the chosen speed option, often within minutes to a few hours.
Transfer Fees & Exchange Rates
- Zero Transfer Fee: No outbound fees on personal transfers.
- Rate Margin: Typically 0.5%–1.5% above the mid-market rate, disclosed upfront.
- Funding Fees: Debit/credit card funding incurs a small fee (up to 3%), optional for speed.
- Business Accounts: Volume-based pricing with tiered discounts for frequent transfers.
Key Features
- Multi-Currency Wallet: Hold and convert between 10+ currencies at live rates.
- Rate Alerts: Set custom alerts to lock in ideal rates.
- Batch Payments: Send up to 1,000 payments at once via CSV upload (business users).
- API Integrations: Automate transfers directly from your accounting or ERP systems.
- Mobile App: Send, track, and manage transfers on the go, with biometric login.
Pros & Cons
| Pros | Cons |
|---|---|
| ✓ No Transfer Fees – Transparent pricing | ✗ Rate Margin – Slight markup over mid-market |
| ✓ Fast Delivery Options – Minutes to hours | ✗ Card Funding Fee – Optional funding cost |
| ✓ Global Coverage – 170+ countries | ✗ Limited Cash Pickup – Primarily bank deposit |
| ✓ Trusted & Established – 25+ years | ✗ Verification Time – 1–2 days for new accounts |
Transparency & Trust
Xe is regulated by multiple authorities and built on decades of FX expertise:
- London Stock Exchange Group subsidiary, ensuring strong financial backing.
- Data Security: GDPR-compliant, SSL encryption, and multi-factor authentication.
- Fully Licensed: Regulated by the UK’s FCA and other global financial bodies.
Customer Service & User Reviews
- Trustpilot Score: 4.2/5 from over 20,000 reviews, praised for ease of use and fee-free transfers.
- Support Channels: 24/7 email support, live chat on weekdays, and comprehensive online help center.
- Community Feedback: Users highlight fast delivery and transparent pricing as top benefits.
9.4
RemitReview Score
Transparency
10
Exchange Rate
9.5
Transfer Fee
9.5
Transfer Speed
9
Supported Currencies
9.5
Customer Satisfaction
8.6
Conclusion
For personal and business users seeking fee-free, fast, and reliable international transfers, Xe delivers on its promise. With competitive rates, powerful tools, and the backing of a globally trusted brand, Xe remains a top choice for moving money across borders.
Ready to send your next transfer? Get started with Xe today!
