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.
Registration - Simple and easy through their website or mobile app.
ID verification - If requested, it is a simple process that can be actioned through their mobile app or via email. Simply upload the requested documentation as photos from your phone.
Transfer speed - Speed ranges from instantaneous to up to 2 days. This depends on the country you are sending money to, and if it is a bank transfer or sending cash.
Payment options - Uploading your funds to WordRemit is also a simple process. With in-country solutions such as Australia’s POLi or via debit card, you can instantly transfer your funds to WorldRemit. This speeds up the entire process of sending money overseas.
Mobile app - There is a WorldRemit mobile app to help manage your transfers end to end.
WorldRemit scores better in the Ease of Use category.