Expert Review

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XE Review

30 reviews

In a Nutshell

Fast and easy money transfers—with no fees—that’s the recipe XE has used to become a popular international money transfer companies. XE uses enterprise-grade security to handle transactions in 60 currencies across the world, with no minimum or maximum daily transfer. The company allows you to track your account online 24 hours a day, 7 days a week.

pros

  • No fees
  • Transfer up to $500,000
  • Enterprise-grade security

cons

  • Fewer locations and currencies than other services offer
  • No credit card payment for transfers

XE XE Visit Site

What You Need to Know

Transfer fee
No fees
Transfer time
Most are completed same day
Transfer types
Bank account
Daily transfer limit
No daily maximum
Transfer purpose
Business and personal
24/7 support
No

XE Fees and Rates

XE doesn’t charge any fees for using their transfer service, instead they make money off the spread, which is the difference in rates between the currencies you’re sending. 

That doesn’t mean you won’t face any charges though. Depending on the bank you use, you can face charges from your bank to carry out the transfer with XE, and the recipient may be charged on their end too. 

How Does It Work?

XE keeps things easy for sending money overseas—no matter how much you’re sending. 

First things first, sign up for a free account on XE and log in. Confirm how much you’d like to send and in which currency, as well as the destination and the total cost. 

Approve the transaction and XE will take care of the rest, all you need to do is wait for the confirmation email or SMS. You can also track the transaction 24 hours a day, 7 days a week. 

Step by step, here’s how you transfer money with XE:

  • Set up an account and log in

  • Confirm the currencies you would like to exchange

  • Enter the amount of your transaction

  • Tell XE the destination 

  • Confirm your form of payment

  • Agree to exchange rate and total cost

  • That’s it, just wait for the confirmation email

How Long Does It Take?

XE carries out the majority of its money transfers on the same day in which they are placed. You will receive a payment date confirmation and that marks the moment at which the company receives your payment and can carry out the transaction. 

The company will notify you by way of email or SMS message and says that while most exchanges can be carried out within a single day, you should allow 1-4 working days for the payment to go through. 

XE Top Highlights

XE makes sending money easy and doesn’t load you down with a lot of fees and hidden costs. The company will let you send up to $500,000 in a single day, in dozens of currencies to countries around the world. 

It also allows you to manage your own personal account with the company online 24/7 and locks everything down with top notch security and encryption. 

The transfers take 1-4 days, so there are actually quicker options out there, XE will let you know by email or SMS the second your transfer goes through. 

  • No fees

  • 60 currencies

  • Top notch security and encryption

  • Make transfers and manage account 24/7

  • Track your payment by email and SMS

Customer Support

There isn’t a a 24 hour customer service live chat or toll free helpline available, but you have a variety of options for customer service online. You can easily call toll free lines in the US, Canada, UK, New Zealand, and Australia, and reach the company by email as well. The phone lines are only open during normal business hours in the country of origin. 

XE XE Visit Site

Privacy and Security

XE prides itself on having “enterprise-grade security” and going the extra mile to safeguard customer data. This also includes physical security measures at the company's facilities, in addition to firewalls and other security systems. 

Regarding data, the company uses cookies and similar technologies in order to gauge the performance of its site and in order to boost security. They may also use your data for compliance reasons if there is suspicion of a crime. The company may also share your personal data with other XE companies in order to “facilitate us to provide you with any of the services you have requested.”

Bottom Line

XE offers an international money transfer service that can work with a large number of currencies and has received high marks for security, ease of use, and customer service. The company doesn’t charge any fees, rather it makes money off the exchange rate. The company can work with 60 currencies across the world and does not limit the amount of money you can send in a specific day (assuming that you don't want to send more than $500,000). 

With XE you can also track your account online 24 hours a day, 7 days a week. 

Top10.com's editorial staff is a professional team of editors, writers and experts with dozens of years of experience covering consumer, financial and business products and services.

XE customer reviews

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Top reviews

D****n, AK
9 months ago

Ease of use

Brand satisfaction

Value for money

Service quality

Because they were a bit above average compared to most of the other companies we have tried in the past. And above all there customer service was much more efficient with response time and offers

K**i, NV
7 months ago

XE is easy to use and has an excellent reputation internationally. I use it frequently to determine currency exchange.

J*m, AZ
5 months ago

Very pleased with ability to use. Website is intuitive and easy to use. Cost is reasonable. Able to easily get conversion rates for international currency.

E***n, OK
6 months ago

I like xe because you can transfer money fast and easy and very convenient to my family and me .

V****t, PA
6 months ago

XE provides better force rates in comparison to other products like zoom, remitly, and other forex applications

W*****m, MA
8 months ago

They do their job, transferring money and give up to date quotes. I got the transfer I needed at the rate I expected.

S*****e, NV
7 months ago

Recently used for a trip to Costa Rica. Easy to use and does a very accurate currency conversion

S**m, CA
7 months ago

Ease of use. Initiative. And stream lined. What more could you ask for a currency converter? As for dislikes I have found none to report

R****a, NH
7 months ago

Great service and reasonable rates. Easy to use and excellent coverage. Links to my bank with no issues at all

B***y, TX
5 months ago

XE has such good quality for the amount I pay. I am very satirized with it and I love it a lot

C***t, AL
5 months ago

Always efficient and par with others. Used since 2006. Fine. I like all of it. Good overseas.

B*c, GA
9 months ago

I like their service overall and their response. Their service was quick and really easy to use in my opinion

N*****e, NY
8 months ago

Excellent customer service exceptional quality of service. I will be recommending to friends and family who need to send money internationally.

E***D, WA
7 months ago

It is ok, it gives me there information I need and it is free. But the sure is a bit archaic. It is very out dated

R***y, CA
9 months ago

The rate exchange is okay, but I like the application and it is easy to use and pay. Overall I would rate a positive 8/10

S***e, WA
6 months ago

Easy to use website, I would recommend xe for foreign exchange transaction involving foreign currencies

R***y, WA
5 months ago

Always received helpful information. And always receive up to date quotes. I recommend this service.

S**i, CA
8 months ago

It is best in market right now, offers real time and accurate rates, and supports multiple banks, banking and other financial services.

T*m, OR
7 months ago

I have always used their currency site and have always been pleased with the service provided.

R***n, TX
8 months ago

The fees can be rather expensive and can add up really quickly. Transfer speed is good and it is generally reliable

30 reviews