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Money Transfers review
Xe logo

Xe review

Best for delivery choice

Long-running currency brand that sends to bank accounts, cash pickup points and mobile wallets. Senders who want one service that can deliver to a bank account, a cash pickup point or a mobile wallet depending on the recipient. We rank it #2 of 8 in our money transfers comparison, with an editorial score of 9.1 out of 10.

Updated By the ChoosyOwl editorial teamHow we rank
9.1/10
Our editorial score

Xe scores well on Delivery options because US senders can choose bank deposit, cash pickup or mobile wallet delivery, and on Coverage with more than 190 countries listed. It does well on Cost transparency because it shows its send rate, which includes its margin, next to the mid-market rate in its converter. It scores slightly lower than Wise on Cost transparency because the margin is built into the rate.

How we score money transfers

Visit site (Xe, opens in a new tab)

Quick facts

Our rank#2 of 8
Best forBest for delivery choice
Ways to payACH, debit or credit card, wire
Delivery optionsBank account, cash pickup, mobile wallet
Exchange-rate approachMargin added to the mid-market rate; shown before you send
Facts checkedNovember 14, 2026

Details are general and can change. Check current plans, prices and terms on the Xe site. See the Xe company profile in our brand directory.

Overview

Xe is a money transfer service and currency data brand that is part of Euronet Worldwide. From the US you can pay by direct debit (ACH), debit card, credit card or wire, and your recipient can receive money in a bank account, by cash pickup at partner locations or in a mobile wallet where available. Xe's site says it sends to more than 190 countries in more than 130 currencies.

Xe explains that, like most providers, it adds a margin to the mid-market rate. It publishes the mid-market rate in its free currency converter and shows its own send rate and any fee before you confirm, so you can see the difference. Card payments are faster but come with an additional fee, according to Xe; bank transfers are slower and cheaper.

Xe's site lists NMLS ID 920968 for Xe Corporation Inc and says it is licensed by FinCEN, the FCA, FINTRAC, ASIC and other regulators.

Pros and cons

Pros

  • Wide choice of delivery methods for one service
  • Shows its send rate alongside the mid-market rate
  • Broad country and currency coverage
  • Transfers tracked in the app and online

Cons

  • Margin is built into the exchange rate, so compare the amount received
  • Card payments add a fee
  • Delivery options vary by country

Key features

  • Bank deposit, cash pickup and mobile wallet delivery
  • Pay by ACH, debit card, credit card or wire
  • Mid-market reference rate shown in its converter
  • Rate alerts and a currency converter app
  • Part of Euronet Worldwide

Who Xe is for

A good fit if

Senders who want one service that can deliver to a bank account, a cash pickup point or a mobile wallet depending on the recipient.

Look elsewhere if

Anyone who only wants a service that converts at the mid-market rate with no margin.

How we scored Xe

Xe scores well on Delivery options because US senders can choose bank deposit, cash pickup or mobile wallet delivery, and on Coverage with more than 190 countries listed. It does well on Cost transparency because it shows its send rate, which includes its margin, next to the mid-market rate in its converter. It scores slightly lower than Wise on Cost transparency because the margin is built into the rate.

Our money transfers score weighs cost transparency (30%), delivery options (20%), speed & tracking (15%), coverage (15%), safety & licensing disclosures (20%). See the methodology.

Xe alternatives

  1. #1
    Wise logo

    Wise

    Best overall

    Online transfers at the mid-market rate with the fee shown separately, delivered to bank accounts.

    • Converts at the mid-market rate with a separate fee (per Wise's pricing page)
    • Pay by ACH, wire, or debit or credit card
    • Delivery to local bank accounts; recipient needs no Wise account
    • Multi-currency account and debit card for spending abroad
    9.4/10
    Editorial score
    Visit site (Wise, opens in a new tab) Read review
  2. #3
    Remitly logo

    Remitly

    Best for sending to family

    App-first remittance service with bank, mobile wallet and cash pickup delivery and an on-time promise.

    • Delivery to bank accounts, mobile wallets and cash pickup
    • On-time delivery promise with a fee refund if late (check terms)
    • Transfer tracking in the app
    • Sends to more than 175 countries, per its site
    9.0/10
    Editorial score
    Visit site (Remitly, opens in a new tab) Read review
  3. #4
    OFX logo

    OFX

    Best for large transfers

    Bank-to-bank currency transfers for larger sums, with 24/7 human support.

    • Bank-to-bank transfers in more than 50 currencies, per its site
    • 24/7 support by phone or email
    • Rate alerts and historical rate charts
    • Recurring transfers
    8.7/10
    Editorial score
    Visit site (OFX, opens in a new tab) Read review

Head-to-head

See all 8 money transfer services compared

Xe FAQ

Can I send money for cash pickup with Xe from the US?

Yes. Xe's site says users in the USA, Canada, New Zealand, Europe and the UK can send money for cash pickup where it is available. The recipient usually needs a valid photo ID and the transfer reference number.

Does Xe give the mid-market rate?

Xe says it adds a margin to the mid-market rate, like most providers. It shows the mid-market rate in its converter and its own send rate before you confirm, so you can compare.

Is Xe licensed in the US?

Xe's site lists NMLS ID 920968 for Xe Corporation Inc and says it is licensed by FinCEN among other regulators.

Sources and fact check

We checked the facts on this page against Xe's own website on .