Xe Review [2025]: International transfer fees, exchange rates and speed
Xe is a popular provider which offers data on exchange rates and rate tracking tools, as well as money transfers. You can send money to 130+ countries from the US with Xe Money Transfer, and some options don’t have any up front fee to pay.
This guide takes a look at how Xe Money Transfer works, including fees, whether it’s safe to use, how fast it is, how to get set up, and more.
Xe is good for
| 💡 Quick summary | Xe international wire transfer |
|---|---|
| 💰 Transfer fees | Variable fees depending on the currency and amount |
| 🚀 Transfer speed | Delivery estimate available when you generate your payment quote |
| 🎯 Transfer limits | 500,000 USD or currency equivalent per transfer |
| 💱 Exchange rates | Exchange rates may include a markup |
| 🔐 Safety | Safe provider with phone support and industry level security features |
| ⬇️ Receiving wire transfers | Receive to your bank account only – no Xe receiving account available |
Xe Money Transfer: Key points
Key features:
- Send money from the US to 130+ countries
- Digital payments online and in-app
- Payments funded by bank or wire must be valued at 3,000 USD or more
- Variable transfer fees depending on the currency
- Upper payment limit of 500,000 USD
- US based customer support teams
- Registered in the US as a money transmitter
Key stats:
| Important stats: | |
|---|---|
| Established in: | 1993 |
| Send money to: | 130+ countries from the US, 139 currencies covered in total by Xe |
| Volume of transfers: | 115 billion USD annually |
| Website visits: | 275 million+ annually |
Overall: Xe Money Transfer is a safe and reliable payment provider which lets individuals and businesses send money to 130+ countries from the US. The final costs for your payment vary based on how you pay and where you’re sending money to. Different payment options have their own benefits and drawbacks – card payments may incur a higher fee but arrive quicker for example. Weigh up your options before you transact.
| Xe Money Transfer pros | Xe Money Transfer cons |
|---|---|
| ✅ Good range of 130+ supported countries ✅ Set rate alerts and view exchange trends and history ✅ Digital payments online and in the Xe app ✅ Safe and established provider | ❌ Exchange rates include a markup ❌ No options for cash pay in or pay out ❌ Bank transfers must be at least 3,000 USD in value |
What is Xe?
Xe Money Transfer has an impressive track record as an international money transfer specialist.
It’s part of the Euronet Worldwide group, which also includes HiFX and Ria. Xe has been in business for close to 30 years and is a trusted source of exchange rate information, widely used by businesses, banks and financial institutions to understand the market rate, as well as offering international payments for individuals and companies.
Xe international money transfers
You can send money with Xe from the US, to 130+ countries globally. Payments are arranged online or in the Xe app, and you’ll be able to choose between paying with a card or using a bank or wire transfer.
You may find card payments come with a fee – but they’re also faster than a bank transfer which can take a few days to arrive. If you want to pay by bank transfer or wire you’ll need to be making a payment of at least 3,000 USD.
💡 Great for: Fast international transfers funded by credit or debit card, or transfers over 3,000 USD paid for by wire.
Xe business services
Xe business customers can send payments to an even broader range of countries and currencies from the US, as well as accessing currency risk management tools and products. Services are split by business size, from startups and entrepreneurs through to major enterprises with more complicated needs.
💡 Great for: Business transfers and currency risk management, for companies of all sizes
Is Xe available in the US?
Yes. You can register an account with Xe in the US, and send money online and in-app to 130+ countries.
How does Xe Money Transfer work?
Before you can use Xe you’ll need to register an account and get verified. Then when you send a payment with Xe it will be deposited into your recipient’s account automatically. You’ll need to give Xe the local bank details for the recipient, and the currency their account is denominated in. Then, you pay in USD with a bank transfer, wire, or card, and your money is on its way.
Here are your Xe payment options:
📲 Set up your payment in the Xe app – get a rate quote and arrange your payment end to end with just your phone
💻 Send a payment online – if you’d prefer you can also sort out your overseas payment through the Xe desktop website
Is Xe safe to send money?
Xe Money Transfer is safe to use. They must meet very strict rules and regulations about keeping your money safe. Here are some of the safety features Xe uses:
- Strong encryption and security to keep all of your details and money transfer information private
- Call centre for immediate support when you need it
- Automatic and manual anti-fraud protocols
- Customer funds are always separate from the money they use to run the business
Is Xe regulated in the US?
Xe Money Transfer is fully regulated in the US and safe to use.
Dandelion Payments, the parent company of Xe, is licensed as a Money Transmitter by the Department of Financial Services of the State of New York; licensed by the Georgia Department of Banking and Finance; licensed as a Foreign Transmittal Agency by the Massachusetts Division of Banks; Licensed by the Connecticut Department of Banking; and authorized to operate as a money transmitter in all United States jurisdictions where it conducts business.
🔐 Learn more: Is Xe money transfer safe?
Can I trust Xe?
Yes. Xe is a registered money transmitter in the US and overseen by all the required regulatory bodies globally. You can trust that Xe is safe to use, with normal precautions and common sense.
Xe Money Transfer pricing
Xe doesn’t have a transfer fee for all of its payments. Exactly what your transfer costs you will depend on where you’re sending to and how you want to pay.
Here’s a roundup of the amount your recipient would get when you send some transfers of different values with Xe. We’ve also compared this with Chase bank to illustrate the differences:
| Transfer details | With Xe your recipient gets | With Chase your recipient gets | Result |
|---|---|---|---|
| Sending 1,000 USD to EUR | 846.9 EUR | 827.31 EUR EUR | Your recipient could get 19.59 EUR extra with Xe |
| Sending 5,000 USD to EUR | 4234.5 EUR | 4,177.66 EUR | Your recipient could get 56.34 EUR extra with Xe |
| Sending 10,000 USD to EUR | 8468 EUR | 8,353.89 EUR | Your recipient could get 114.11 EUR extra with Xe |
*Details correct at time of research – 7th August, 2025
How much does it cost to send money with Xe?
The costs of an XE Money Transfer vary based on where you’re sending to, the currencies involved, and how you’d like to pay. Fees can include:
- A payment method fee – this usually applies when using a bank card
- An exchange rate markup – this is a charge added into the rate offered for currency conversion
- Third party fees – extra charges from intermediary banks or your card issuer may also apply
Paying by bank transfer is usually the cheapest option. You’ll always see the costs of your transfer shown on screen before you confirm your payment.
Here are the pricing policies for some alternatives to Xe:
| Providers | 💰 International money transfer fees |
|---|---|
| Xe Money Transfer | Variable fees depending on payment method, currency and value |
| Wise | Low, transparent fees based on the transfer details |
| WorldRemit | Variable fees, shown when you set up your transfer |
| OFX | Usually no fee when sending from the US |
| TorFX | No fee for transfer |
| Remitly | Variable fee depending on pay in and pay out method |
*Details correct at time of research – 7th August, 2025
Xe exchange rate
Xe doesn’t charge a fee for all of its international money transfers, but there is still a cost to you, in the form of a markup on the exchange rate used to change your USD to the currency you need to deposit. This is common, but can make it a bit trickier to see exactly what you’re paying overall for your overseas payment.
| Providers | 💱 Exchange rates for International transfers |
|---|---|
| Xe Money Transfer | Exchange rate is likely to include a markup |
| Wise | Mid market exchange rate with no markup |
| WorldRemit | Exchange rate is likely to include a markup |
| OFX | Exchange rate is likely to include a markup |
| TorFX | Exchange rate is likely to include a markup |
| Remitly | Exchange rate is likely to include a markup |
*Details correct at time of research – 7th August, 2025
➡️ You can compare rates here: Xe exchange rates
How long does XE Money Transfer take?
XE Money Transfers can be pretty quick if you pay by card. However, if you’re using a bank transfer it may take up to 4 days for your money to arrive.
Factors that influence the speed of transfer include:
- How you pay
- The currencies you’re moving money between
- The countries where the money needs to be sent
- When you’re sending money
Xe will start to convert money and send the payment once your funds have cleared. However, as it can take 1 to 4 working days from then to appear in the overseas bank account, it’s important to plan this transfer speed and bank lag time into your money exchange. Xe will also keep you in the loop about your transfer through SMS and email updates.
| Providers | ⌛ International wire transfer times |
|---|---|
| Xe Money Transfer | 1 – 4 working days |
| Wise | 60%+ of transfers are instant, 80%+ arrive within an hour* |
| WorldRemit | Usually within minutes |
| OFX | 1 – 2 days |
| TorFX | 1 – 2 days |
| Remitly | Variable delivery times – estimate available before you confirm |
*Details correct at time of research – 7th August, 2025 (*The speed of transaction claims depends on individual circumstances and may not be available for all transactions)
How to use Xe Money Transfer
Xe makes it simple to get an account and start sending money. You can apply for an Xe account through the website, or by downloading the mobile app. You need to create an ID, password, and provide them with your contact information.
How to send money with Xe
Once you’ve got an account, you can find out how much it will cost you to send money and book a transfer. Then, you enter the details of the person you’re sending money to, finalize the transfer and send the money to Xe. Easy.
You’ll also need details of the recipient’s bank account. These vary between countries, but typically you’ll need to provide the sort code or routing number and the account number. In some cases, you’ll need to provide a SWIFT code or IBAN (International Bank Account Number).
The details you’ll need when you’re sending money
In full, you’re likely to need the following information to arrange your XE Money Transfer:
- The amount of money you’re sending
- The countries you’re sending money from and to
- The currencies that you’re sending money between
- The name and address of the person you want to send money
- The bank account details of the person you want to send money
Xe Money Transfer payment methods
In the US you can usually pay for your XE Money Transfer using the following payment methods:
- Direct debit ACH
- Wire transfer
- Credit card
- Debit card
Payout methods
Most XE Money Transfers are deposited into bank accounts. However, in some destination countries alternative pay out options may also be offered, such as cash collection.
Alternative pay out services aren’t available everywhere, but if you can choose a different pay out option for your destination country you’ll be shown in a drop down box when you set up your transfer.
How to track Xe Money Transfer transfer
Once your payment is on the way, you can track it in the XE Money Transfer app or by logging into your account on the Xe desktop site.
How to create an account
Xe does need some details if you want to create an account and send money internationally.
If you want to create an account and send money overseas, Xe will ask you for your full name, date of birth, residential address, occupation, email, and a contact number. Xe will also need to verify your identity, in most cases they can do that electronically, but they’ll contact you if you need to provide any documents.
What documents you’ll need
When you want to send money, Xe may ask for a copy of your ID and address documents, which can include things like:
- Passport
- Government-issued identity card
- Photocard driver license
- Bank or building society statement
- Utility bill (gas, electric, landline phone, water, satellite/cable TV or broadband)
- Residence permit
- Current building/contents insurance certificate, or a
- Recent tax bill
If you’re opening a business account you can expect to be asked for business registration documents as well.
How long does Xe verification take?
If you can have your account verified electronically it should not take very long to be processed at all. However, if you need to send in documents you may need to wait a while.
You can ask for help on the Xe app, through the chat service, if you’re unsure what’s happened with your account verification.
Do I need a bank account for Xe?
You’ll need either a bank account that you can use for ACH or wire transfers, or a debit or credit card to pay for your XE Money Transfer.
Xe Money Transfer alternatives
If Xe doesn’t cover the currency you need, or if you just want to compare a few options, take a look at these Xe alternatives:
| Provider | Coverage | Fees | Exchange rates | Limits |
|---|---|---|---|---|
| Xe Money Transfer | Send to 130+ countries | Variable fees depending on payment | Rates likely to include a markup | 500,000 USD per transfer |
| Wise | Send to 140+ countries | Low, transparent fees based on the transfer details | Mid-market exchange rate | Most customers in the US can send up to 1 million USD per transfer |
| WorldRemit | Send to 130+ countries | Variable fees, shown when you set up your transfer | Rates likely to include a markup | 9,000 USD per 24 hour period |
| OFX | Send to 50+ currencies | Usually no fee when sending from the US | Rates likely to include a markup | Usually unlimited |
| TorFX | Send to 40+ currencies | No fee for transfer | Rates likely to include a markup | Usually unlimited |
| Remitly | Send to 170+ countries | Variable fee depending on pay in and pay out method | Rates likely to include a markup | Up to 25,000 USD per transfer |
*Details correct at time of research – 7th August, 2025
Wise
| ⭐ Great for: Low cost international payments with the mid-market rate |
Xe vs Wise – Wise uses the mid-market exchange rate and splits out the costs of your payment to make it easier to check and compare the costs. You can send to 140+ countries, and payments can arrive quickly or even instantly.
Transfer from your phone or laptop, and pay by bank transfer, with a card or using a wallet like Apple Pay.
From the US, most customers can send up to 1 million USD per payment, and there are progressive fee discounts for higher value payments which can mean you spend less overall.
| 💡 Wise international money transfer | |
|---|---|
| 💰 Transfer fees | Low, variable fees |
| 💱 Exchange rates | Mid market rate |
| 🚀 Transfer speed | Fast or instant |
| 🎯 Transfer limits | Most US customers can send up to 1 million USD |
| 🔐 Safety | Industry level safety features come as standard |
| ⬇️ Receiving wire transfers | Receive to a Wise account, or to your bank. Fees apply to receive USD wires to a Wise account |
| 🇺🇲 Is Wise regulated in the US? | Wise US Inc. is registered with the Financial Crimes Enforcement Network (FinCEN) and renews its registration annually |
WorldRemit
| ⭐ Great for: Pretty much instant payments to banks, mobile money accounts and for cash collection |
WorldRemit lets you send money to 140+ countries from the US, with pay out options which allow you to get money to someone quickly, even if they don’t have a bank account.
Transfer maximum values are pretty low, as this service is mainly aimed at people sending smaller payments to loved ones overseas.
Xe vs WorldRemit – WorldRemit could be a good choice if you want to send a smaller value payment or if you want your money to be collected in cash, deposited to a mobile money account, or used as airtime topup.
| 💡 WorldRemit international money transfer | |
|---|---|
| 💰 Transfer fees | Variable fees |
| 💱 Exchange rates | Exchange rates are likely to include a markup |
| 🚀 Transfer speed | Payments usually arrive in minutes |
| 🎯 Transfer limits | 9,000 USD per day in most cases |
| 🔐 Safety | Large, safe and trusted company with good security in place |
| ⬇️ Receiving wire transfers | Receive to bank accounts only – no holding account provided |
| 🇺🇲 Is WorldRemit regulated in the US? | WorldRemit Corp. is Licensed as a Money Transmitter by the New York State Department of Financial Services and in Puerto Rico), a Foreign Transmittal Agency in Massachusetts, and a Currency Transmitter in Rhode Island. |
OFX
| ⭐ Great for: 24/7 phone support on high value payments, currency risk management options and no transfer fees |
OFX supports payments to 50+ currencies which means you can send to many countries around the world. You can arrange a payment online, in an app or by phone if you’d prefer.
There’s no transfer fee from the US, but you do pay a cost which is rolled into the exchange rate used for your currency conversion. OFX also offers more complicated currency risk management services.
Xe vs OFX – OFX has 24/7 phone services and can help you send money to bank accounts in 50+ currencies from the US
| 💡 OFX international money transfer | |
|---|---|
| 💰 Transfer fees | No fee from the US |
| 💱 Exchange rates | Exchange rates are likely to include a markup |
| 🚀 Transfer speed | 1 – 2 days usually |
| 🎯 Transfer limits | No limit |
| 🔐 Safety | Safe to use with 24/7 phone support if you ever need it |
| ⬇️ Receiving wire transfers | Receive to bank accounts only – no holding account provided |
| 🇺🇲 Is OFX regulated in the US? | OFX is registered as a Money Service Business with the US Treasury’s Financial Crimes Enforcement Network and is regulated by the banking divisions of individual states |
TorFX
| ⭐ Great for: Transfers with no upfront fee, and a well liked customer service experience |
TorFX is a UK based company which offers international payments and currency risk management services to individual and business customers around the world. You can set up an account and transact online and in app – although for your first payment you may need to call the team to complete a verification step.
TorFX does not charge a transfer fee but there is a cost in the exchange rate used for currency conversion.
| 💡 TorFX international money transfer | |
|---|---|
| 💰 Transfer fees | No transfer fee |
| 💱 Exchange rates | Exchange rates are likely to include a markup |
| 🚀 Transfer speed | 1 – 2 days usually |
| 🎯 Transfer limits | No limit |
| 🔐 Safety | TorFX has strong security measures and offers phone support for customers with questions or concerns |
| ⬇️ Receiving wire transfers | Receive to bank accounts only – no holding account provided |
| 🇺🇲 Is TorFX regulated in the US? | As a UK business, TorFX is registered in Great Britain, and regulated in the UK and Europe |
Remitly
| ⭐ Great for: Send all around the world with an excellent range of pay out types including cash collection |
Remitly serves 170+ countries globally with payments you can arrange to bank and mobile wallets, and for cash collection. This gives a flexible way to have money quickly in the hands of a loved one, even if they can’t get to their bank or an ATM.
Xe vs Remitly – Remitly has a good selection of digital payment options, and you can usually pick a cheaper transfer which may be a little slower, or a slightly more expensive option that’ll get delivered faster.
| 💡 Remitly international money transfer | |
|---|---|
| 💰 Transfer fees | Variable fees depending on the transfer type |
| 💱 Exchange rates | Exchange rates are likely to include a markup |
| 🚀 Transfer speed | Often within minutes |
| 🎯 Transfer limits | Up to 25,000 USD per transfer |
| 🔐 Safety | Remitly has automatic and manual anti fraud protocols running to keep accounts safe |
| ⬇️ Receiving wire transfers | Receive to bank accounts only – no holding account provided |
| 🇺🇲 Is Remitly regulated in the US? | Remitly, Inc. is a licensed money transmitter throughout the United States. |
Xe for Business
Xe.com provides several services in addition to personal and business currency exchanges.
- The Xe Datafeed that lets developers include the latest exchange rates in accounting systems, custom software, and ecommerce websites.
- Xe offers a daily email that includes information on currency exchange rates, the latest news, interest rates and more.
- Business users can get access to Xe services that let them make payments to multiple recipients across multiple countries, and accept international payments through websites and apps.
- Business users can also manage their currency exchange risks using a variety of tools from Xe, including credit facilities.
- You can use advanced currency tools like market orders and forward contracts to lock in exchange rates.
How to receive money from Xe Money Transfer?
If you’re getting a money transfer to your bank you won’t need to do anything once you’ve given the sender your personal and bank information. Your funds are simply deposited in your bank account and ready to use once the payment has cleared.
If you’re expecting a cash collection transfer you’ll need to head to an agent location with the Xe payment reference, to collect your money.
How much can I transfer with Xe?
You can send up to 500,000 USD per transfer online. Xe doesn’t have a maximum limit on how much you can transfer per day.
It’s also worth knowing that you can only pay with a bank transfer if you’re sending 3,000 USD or more.
| Providers | 🎯 International wire transfer limits |
|---|---|
| Xe Money Transfer | 500,000 USD per transfer |
| Wise | Most customers in the US can send up to 1 million USD per transfer |
| WorldRemit | 9,000 USD per 24 hour period |
| OFX | Usually unlimited |
| TorFX | Usually unlimited |
| Remitly | Up to 25,000 USD per transfer |
XE supported currencies:
Globally, Xe supports transfers to more or less any country in the world. From the US you can send money to about 130 countries.
Countries where Xe cannot send money
Xe can send money to many countries globally. However, there are some places where it’s not possible to make an XE Money Transfer, usually because of international sanctions. At the time of writing, payments can’t be made to Russia for example. You’ll be able to check the availability of your destination country in the Xe app easily.
Xe Money Transfer accessibility
You can chat to a member of the Xe team in any of 100 languages, by logging into your account online or in the app. Or, you can call the service team on +1 877-932-6640 for support in English only.
Is Xe easy to use on your mobile?
The Xe mobile app is a fast and convenient way to transfer money while you’re on the go.
The app lets you check foreign exchange rates for more than 180 currencies, make international money transfers, and even set up alerts so you don’t miss the rate you’ve been waiting for.
You can also see when your transfer is pending, when it is sent, and when your transfer is on its way to your recipient.
For ease-of-use, we read through reviews on both the Apple App Store and Google Play. The Xe Money Transfer app scored 4.8 out of 5 on Apple devices and 4.8 out of 5 on Android devices.
Reviewers said that the app was simple to use and that it displayed information about exchange rates in a straightforward and understandable way.
TrustPilot XE Money Transfer reviews
Xe scores 4.4 out of 5 stars on TrustPilot, which aggregates live customer review data.
Over 80% of customers give a 5 star review, praising the speed and reliability as well as the costs of using XE Money Transfer. Where there are poor reviews these are often due to verification checks slowing down a payment.
While this is frustrating, it’s something all money transfer providers have to do from time to time and required by law to keep customers and their accounts safe.
Xe Customer Care Support
| Support channel | Xe contact information |
|---|---|
| Phone | 1 877 932 6640
|
| currency@xe.com | |
| Chat | By logging into your Xe account |
Conclusion: Is Xe Money Transfer a good way to transfer money?
Xe Money Transfer is safe and reliable and lets you send payments online or in-app, to 130+ countries from the US. You might find that there’s no fee if you’re paying with a bank transfer or wire – although your payment must be of 3,000 USD or more to access this option. Alternatively, use a credit or debit card. Fees apply here but the transfer is usually faster too.
Compare Xe with a few other specialist payment services to see which is cheapest for your specific payment.
XE Money Transfer review FAQs
Is it safe to transfer money with Xe Money Transfer?
Yes. Xe is a safe money transfer service which has industry level security features built in as standard.
How does Xe Money Transfer apply exchange rates?
Xe makes money from exchange rates. That means that they add a markup to the rate used to convert your dollars to the currency needed for deposit. Compare the rate you’re offered by Xe with a few other providers to make sure you get the best option for your specific needs.
Does Xe Money Transfer have a mobile app?
Yes. Xe has a highly rated app that’s available on Apple and Android phones.
