Xe Review: More than just data, they now transfer currency.

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I've always liked Xe.com, the website has always been an excellent resource for currency information. But ever since they were bought by Euronet under their HiFX brand in 2017 you can now use them for international currency transfers. In our review, we rate Xe as a safe, quick and cheap way to transfer money abroad.
Richard Berry
Richard Berry
Good Money Guide Founder

Xe Customer Reviews

3.9

117 Good Money Guide reviewers have given this provider an average rating of 3.9 out of 5 based on their genuine experience.

Excellent34%
Very good27%
Average31%
Poor5%
Terrible3%

Leave a review and tell us what you think to help others make more informed financial decisions.

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Never let me down

26th October 2024

Send money to family, always arrives quickly. The site is very easy to use.

Patricia Coventry

Reliable, safe and fast service with a good rate.

25th October 2024

I have used this company for many years and have yet to find another money transfer company that offers the same service. I have always found them fast, reliable and offering a competitive rate, and above a certain level, no fee. Their phone assistance service is excellent, which in this day and age is refreshing.

Solange Borg

Money Transfers

25th October 2024

Used Xe since we bought our first house in France in 2015, used them again in 2019 when we bought our second house in France for retirement and have used then ever since to transfer funds , always great rates, and a simple sane day process, wouldn’t use any other company.

Alex Elsmere

Quick and efficient service

25th October 2024

I have used XE to transfer funds yo family members across the Globe.

I have never had any issues. I am kept informed of the status of the transfer and when it has arrived in the receiving account.

The exchange rate I received was the best I could get at the time.

I would recommend XE to anyone looking to transfer money to friends and family abroad.

G Holmes

Terrible

14th August 2024

They give poorer than mid- market rates, so I was expecting good service for this premium.

After 8 days with my money, the transfer was cancelled and am still waiting for my money to be returned.

The recipient said that they have never had problems with Wise, so the problem would not seem to be at that end.

I provided all the information XE required, so the problem is not my end.

The problem, therefore, must be with the intermediary.

In addition to my money I am also still waiting for a response to my complaint.

S Warner
Verified

provides everything I need at…

27th June 2024

provides everything I need at a good rate

Lee Clayton

Extremely safe and quick

26th June 2024

Extremely safe and quick

Cyril John Harvey

GOOD

26th June 2024

GOOD

PAUL PAPSON

Very easy and reliable

20th June 2024

Very easy and reliable

Roger Davies

Efficient

20th June 2024

Efficient

Graham Baker

Nice

19th June 2024

Nice

Saurabh Kakkar

fine

15th June 2024

fine

Glenn Carver

Good but some compliance checks…

12th June 2024

Good but some compliance checks not enforced by others

Andrew coaton

excellent

12th June 2024

excellent

Aleks Ilic

Easy app to use and…

12th June 2024

Easy app to use and extremely quick service

Iain Wright

Haven’t used enough to provide…

12th June 2024

Haven’t used enough to provide a decent reveiew

Oliver Tomahawk

Does the job

12th June 2024

Does the job

Timothy John Lowe

Website software not user friendly

7th June 2024

Website software not user friendly

Raymond antonelli

Fast efficient transfer of money…

3rd June 2024

Fast efficient transfer of money to overseas account

Bhrat Patel

2nd best

30th May 2024

2nd best

Aige Harmon

Xe Expert Review

Xe Review
Good Money Guide Recommended 2024

Name: Xe

Description: Xe started off life as an online currency conversion calculator, then started flogging the data to currency transfer providers, then in 2002 decided to compete with all it’s customers and offer online money transfers (which it provides through HiFX in the UK. At the time, HiFX was one of the largest money transfer providers in the UK, but as Xe.com is one of the largest currency conversion calculators in the world (in the top 500 websites by traffic) HiFX decided to rebrand to Xe.

Summary

A good option if you are looking for cheap no frills small to medium-sized currency transfers from a trusted and well-established brand. However, if you have a large amount of currency to transfer and need personal service, you are better off with a currency broker.

Xe is now part of the Euronet Worldwide family, who were recognised as leaders in the currency exchange space. It aims to offer the most simple, reliable, and friendly money transfer service.

XE offers:

  • Good exchange rates. XE uses mid-market rates.
  • Transfers to more than 130 countries.
  • Fast delivery.
  • Transparent delivery times so that you can move money fast.
  • Tools such as currency charts and alerts. You can set an alert so that you never miss your desired rate.
  • A good app that allows you to make transfers on the go.

One downside to XE is that fees and charges can be higher than those of some other providers. Overall, however, it’s a very solid provider and one that is well suited to more sophisticated users.

When comparing money transfer providers, user reviews can help you determine which providers are the best. Here are independently sourced and verified money transfer company reviews to help you decide which money transfer service to use.

Pros

  • Discounted exchange rates
  • Good data and charting
  • Good currency calculator

Cons

  • Not suitable for large transfers
  • No forwards or hedging
  • Exchange Rates
    (4.5)
  • Available Currencies
    (3)
  • Online Platform
    (4)
  • Customer Service
    (3)
  • Research & Analysis
    (1)
Overall
3.1

Xe Facts & Figures

💱 Total Currencies98+ offered
💵 Min Transfer£1
💰 Max Transfer$500,000
🛒 Customers500,000
🏛️ Founded1993
🏢 HQNewmarket, Canada
⚖️ RegulatedYes – by the FCA
Account Options
🧍 Personal Transfers✔️
👔 Business Transfers✔️
📅 Currency Forwards
💸 Currency Options
🤝 Personal Service
📱 Phone Dealing
⌨️ Online PlatformYes – very easy to use
⭐ TrustPilot Rating4.3/5
🌐 WebsiteVisit Xe

Xe.com Money Transfer FAQs

Yes, we rate Xe.com as a safe way to send money abroad as they have been established since 1995, owned by a larger parent company (worth $4bn as of November 2023) and are authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, registration 462444, for the provision of payment services

Xe.com is ultimately owned by Euronet Worldwide Inc which is a public company listed on the NASDAQ with the ticker code EEFT. Xe.com is managed by HiFX, which acquired XE.com in 2017. Prior to this HiFX only offered money transfer services for business, but the acquisition enabled them to offer individual currency transfers.

It’s fine to transfer small and medium amounts fo money abroad with Xe.com, but if you are sending larger amounts it may be more sensible to use a currency broker as they can help with admin, give phone support and advise on how to save money when doing the conversion.

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