www.XE.com (XE) is a Canadian-based and licensed online foreign exchange platform.It is popularly know to be providing services such as; online currency converter, exchange rate information, international money transfers, and other currency-related services. XE is a subsidiary of Euronet Worldwide since 2015.
XE money transfer is best known for online sources of currency information. Especially currency rate checking. And many users trust the reliability of XE company for currency updates.
We should be surprise of that either, because XE is one of the biggest currency tool that keeps updating every 1-minute. This is why you see countdown from 60-seconds to 00-seconds. So once the 60-seconds count down is completed means there is a fresh update.
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XE Money Transfer Review (Fees and How it Works)
One of the criteria that makes XE Money Transfer very well known is the fact that they don’t charge (as they have claimed) and no limitation to the amount you can send or recipient can receive either.
I know one BIG question right now will be; then “How does XE makes their money” – right?
Because like every other businesses, making money is one of the priority in order to sustain their products and service.
While XE’s homepage fronts you with currency calculator. Moreover, you need to sign up to an account with XE to get an accurate quote for how much your transfer will cost.
It can take anywhere between 1 to 4 working days for a money transfer. This is once you have set up your transfer with XE, which you can do online 24 hours a day, 7 days a week.
I have explained that below how XE makes its profit.
www.XE.com Registration Form
Before you can transfer fund from your account to recipients’ account all over the world you will have to complete the www.XE.com Registration Form; aquare your username and password, and to allow you add up your bank information.
The registration process is simple and can be done within few minutes. Use the steps below;
How to Sign up XE.com registration
- Visit the main website – www.XE.com Registration Form
Now click on “Transfer Money” menu, at the top of the page
Further click on XE Money transfer
- A new page opens where you have TWO options, that you either do your transfer as a personal transfer or as a Business transfer.
Select the option that’s best for you and click on “Get Started”.
- The XE.com account registration form will open. The registration form has THREE stages to complete sign up.
→ Stage 1: Requires you enter your details.
→ Stage 2: Requires you fill up with your personal details, like home address, cell phone number, SSN or ITIN, etc…
→ Stage 3: You’ll have to fill up Your Requirements details. And once complected and submitted you’re on your way to start using the XE money transfer service.
- Wait for your account to be approved.
- Now you can also login your email address t check for verification message which requires your action to verify the XE.com registration.
- Now, once you are approved – Sign in and provide your payment details, the amount you want to send, the currency you want to send it in and who you’re sending it to.
How to Login XE.com Account
The same email address and password used while registering for the account is need to login XE.com account either via its website, mobile apps, and other online channels.
SO if you are logging in through the website, then;
- Go to the main website www.xe.com
- Click on “TRANSFER MONEY”
- Select/click the the “Account Login” option.
- Enter your email address
- Enter your password
- Click on “Log in” to gain access into your account.
How XE Profit From the Services Offered
Indeed it is questionable to ask the question. because, just like every other companies, XE.com would also love o make profit. And coming to realize that fund transfer is free
Since there is no upfront fee, usually when international transfer and foreign exchange services claim that there is no fee to pay, they simply include their costs in the exchange rate they offer customers.
Download XE Mobile App Free
For fast global money transfers, conversion of currencies and being at alert for any latest changes of any currencies you’re interested in – you need the XE mobile App.
Download for free and start enjoying the same experience you see on web.
Once you’ve downloaded and installed the app, login just the same way as shown above or register if you are new.
XE Money Transfer Pros and Cons
|XE doesn’t charge any transaction fees, commissions or ongoing fees.||XE does not accept credit card payment.|
|XE exchange rate is far preferable to any Bank exchange rate.||Does not also accept cash pickup.|
|XE specialises in global currency markets.|
|On XE.com money transfer; no minimum, no maximum transfer amount.|