See How XE Money Transfer Stacks UpSee All Services
You Might Also Be Interested
Frequently Asked Questions About XE
Is XE Money Transfer safe? 🛡️
Yes, as a world leader in currency exchange, XE Money Transfer is indeed a very safe service. It's licensed and authorized by the Financial Conduct Authority (FCA) in the UK under the Payment Services Regulations 2017. What's more, XE is part of the well-known Euronet Worldwide, the third-largest money transfer business in the world, making it parted of a prominent and trusted player in cross-border financial services.
Is XE Money Transfer free? 💲
No, XE Money Transfer is not free. While it's considerably cheaper than the banks and while its exchange rates are fairly competitive (especially for larger transfers), XE does come with two costs; namely an exchange rate margin of between 0.4% and 1.6% of the transfer value, as well as a fixed fee for transfers of under US$500 or equivalent.
How do I cancel a transfer with XE Money Transfer? 🛑
To cancel an international money transfer with XE Money Transfer, you'll need to call +44 1753 441 844 as soon as you can, and an XE customer support agent will assist you in reversing the transfer. However, be aware that doing so will come along with a service fee.
Is XE Money Transfer legit? 👨🏻⚖️
Yes, XE Money Transfer is indeed a perfectly legitimate company. The service is duly authorized and supervised in the following countries around and their respective financial regulators:
- United Kingdom: FCA (Financial Conduct Authority)
- United States: FinCEN (Financial Crimes Enforcement Network)
- Canada: FINTRAC (Financial Transactions and Reports Analysis Centre of Canada)
- Australia: ASIC (Australian Securities and Investments Commission)
Does XE Money Transfer send money to Nigeria? 🌴
No. Although you can send money to 98 currencies in over 130 countries with XE, Nigeria is currently not among them.
How does XE Money Transfer work? 💸
XE is not only an international foreign exchange service but also a money transfer platform. To transfer money with XE, you'll need to do the following:
- Sign up for a XE Money Transfer account;
- Verify your identity.
- Decide how much you'd like to send and between which currencies;
- Provide recipient's details;
- Pay for your transfer (by bank transfer, credit card, or debit card);
How do I delete my XE Money Transfer account? ⛔
Because XE Money Transfer doesn't provide specific direction for how to delete an account online, the only way to get the job done will be to reach out to customer service, who will be able to assist you in closing and taking down your account.