XE offers competitive exchange rates with the trust of a 30-year-old currency data brand. A solid alternative to Wise for large transfers above £5,000.
Quick Verdict
Rating: 4.2/5 — ★★★★☆
Best for: Large international transfers where the rate matters most
Not ideal for: Small regular payments or if you need instant transfers
Get started with XE Money Transfer →Key Facts
| Category | payment / money-transfer |
| FX fee | 🟡 0.5% |
| Withdrawal fee | Free |
| Monthly fee | Free |
| Payout speed | 1-3 days |
| KYC level | Standard (ID required) |
| Founded | 1993 |
| HQ | CA |
Country Availability
| UK | Canada | Australia |
|---|---|---|
| ✅ | ✅ | ✅ |
Fees
| Fee type | Amount |
|---|---|
| FX conversion | 0.5% above mid-market |
| Withdrawal | Free |
| Monthly subscription | None |
| Currencies supported | 65+ |
Features
| Feature | |
|---|---|
| Bank transfer | ✅ |
| Card payments | ❌ |
| Crypto | ❌ |
| Virtual card | ❌ |
| Physical card | ❌ |
| Multi-currency | ❌ |
| Business account | ✅ |
| Mobile app | ✅ |
| API access | ❌ |
| Upwork integration | ❌ |
| Fiverr integration | ❌ |
Pros
- Low FX fee — 0.5%
- No monthly fee
- Mobile app (iOS & Android)
- Business account available
Cons
- Check availability in your country
Who Should Use XE Money Transfer
Perfect for: Large international transfers where the rate matters most
Skip it if: Small regular payments or if you need instant transfers
How to Get Started
- Visit https://xe.com and create an account
- Complete identity verification (Standard (ID required))
- Set up your payment receiving details
- Share with clients or connect to your freelance platform
Frequently Asked Questions
Is XE Money Transfer available in the UK? Yes — XE Money Transfer is fully available in the UK.
Is XE Money Transfer available in Canada? Yes — XE Money Transfer is fully available in Canada.
Is XE Money Transfer available in Australia? Yes — XE Money Transfer is fully available in Australia.
What are XE Money Transfer's fees? XE Money Transfer charges 0.5% for currency conversion.
Is XE Money Transfer safe? XE Money Transfer is a regulated financial service with a strong safety record. Always verify current regulatory status on their website.
This review was last updated 2026-03-30. Fees and availability may change — always check XE Money Transfer's website for the latest information.
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