Personal Features

XE Money Transfer

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XE Money Transfer serves personal customers from a number of countries, giving them easy means to send money to more than 170 countries.

What XE Money Transfer does

  • International money transfers
  • Forward contracts
  • Market orders
  • Regular transfers

What XE Money Transfer doesn’t do

  • Personal account managers for low volume transfers
  • Cash pickup
  • Unique local multi-currency accounts
  • Digital wallets
  • FX optimized travel card

Moneycorp

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75

Sending money to family and friends

Buying property overseas

Emigrating

Making mortgage payments

Receiving pension payments

Getting cash in foreign currency for overseas travel

Getting a multi-currency card


MoneyCorp wins!

MoneyCorp scores better in the Personal Features category.

Moneycorp
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Winner

Business Benefits

XE Money Transfer

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XE Money Transfer gives business clients the option to choose from varied services.

What XE Money Transfer for business offers

  • Mass payments
  • Payments UPI for receiving online payments
  • Forward contracts
  • Market orders
  • Account managers

What XE Money Transfer for business doesn’t do

  • Business travel card
  • Multi-currency receiving accounts
  • Digital wallets
  • Solutions for online sellers
  • Accounting integration

Moneycorp

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78

Asset managers

Banks

Consumer finance

Fund managers

Global insurance and reinsurance

Hospitality and leisure

Private equity houses

Wealth managers


XE Money Transfer wins!

XE Money Transfer scores better in the Business Benefits category.

Moneycorp
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Winner

Fees & Exchange Rates

XE Money Transfer

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XE Money Transfer fees

Personal customers pay no transfer fees when sending money through XE Money Transfer.
 

Are there additional XE Money Transfer fees?

Yes, these come in the form of the exchange rate margin that XE Money Transfer applies on existing mid-market rates.


Moneycorp

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29

Moneycorp exchange rates

The calculator provided on the Moneycorp homepage lets you view existing interbank rates.

The actual rate you receive depends on the existing exchange rate, the amount you wish to transact and the currency you are purchasing.

You get the same rate whether you fund your transfer through a bank transfer or via a debit card.

Moneycorp currency charts let you track fluctuations in exchange rates.
 

Moneycorp fees

The fee you pay depends on the Moneycorp website you use.

If you use the UK-based website, standard payments attract £5 as fees. For express payments, you will be charged £9. If you book a deal over the phone, you will have to pay £15.

The Australia-based website does not charge any fees for online or over-the-phone transfers.


XE Money Transfer wins!

XE Money Transfer scores better in the Fees and Exchange Rates category.

XE Money Transfer
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Winner

Ease of Use

XE Money Transfer

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79

What XE Money Transfer does well

Sign up process - Register online or over the phone, by providing some basic information.

Payment options - Bank account transfers, debit cards and credit cards.

Phone transfers - Initiate transfers over the phone.

Speed - Most transfers process within 1 - 2 business days.

Mobile app - Available for iOS and Android. 
 

Where XE Money Transfer could improve

ID verification - This process can take 1- 4 business days.


Moneycorp

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Moneycorp operates dedicated websites for the U.S., the UK, Spain, Ireland, France, Romania and Australia.

Depending on the website you use, you can get access in English, Spanish, French or Portuguese.

In some countries, such as the UK, France, Ireland and Romania, Moneycorp offers services to businesses as well.

You can transfer as little as £50 or its equivalent in another currency.

In the UK, Moneycorp provides travel money solutions.


XE Money Transfer wins!

XE Money Transfer scores better in the Ease of Use category.

XE Money Transfer
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Winner

Support & Countries

XE Money Transfer

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56

What XE Money Transfer does well

Supported destination countries and currencies - XE Money Transfer supports transfers to over 170 countries, in over 60 currencies.

Customer support - Customer support is available via email and over the phone, in English, French and Spanish.
 

Where XE Money Transfer could improve

Website languages - You can use the XE Money Transfer website only in English.


Moneycorp

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You can send money to various countries and in a range of currencies.

MoneyCorp enables you to transfer money to over 150 countries, and it deals in as many as 90 currencies. You can view the complete list after registering as a customer.


MoneyCorp wins!

MoneyCorp scores better in the Support and Countries category.

Moneycorp
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Winner

Trust & Transparency

XE Money Transfer

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94

What XE Money Transfer does well

  • XE Money Transfer is fully regulated in different countries.
  • Rates as Excellent on Trustpilot.

Where XE Money Transfer could improve

Exchange rate margin transparency - XE Money Transfer’s exchange rates include margins that customers find out only after confirming their transfers.


Moneycorp

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Headquartered in the UK, Moneycorp is authorized and regulated by the FCA.

In Australia, Moneycorp Pty Ltd is an authorized representative of Rochford Capital Pty Ltd, which in turn, is licensed by the Australian Securities and Investments Commission (ASIC).


XE Money Transfer wins!

XE Money Transfer scores better in the Trust and Transparency category.

XE Money Transfer
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Winner

The Result

Winner ribbon iconWinner

 XE Money Transfer

XE and MoneyCorp score closely across all the categories but XE takes the win.  While MoneyCorp wins for Personal Features and Support and Countries, XE takes the remaining sections especially with its trust and transparency and more competitive fees and exchange rates.