market orders, where you can make an order to buy or sell a currency when the market hits a certain rate.business transfers, allowing any businesses to move funds internationally for trading purposes.personal transfers, which allow an individual to transfer money from a personal bank account to another bank account overseas.XE offers various products and services, including: What types of transfers can you make with XE? You can also send funds to XE using BPAY to transfer Australian dollars. You can make a payment with online or mobile banking or by telephone banking. What payment methods does XE accept?Īll transactions must be settled via bank transfer. These are informational only, and are not fixed rates. Rates shown on the XE website information hub are mid-market rates, which are calculated from the mid-point between ‘buy’ and ‘sell’ rates from global currency markets. Once your transaction is complete, your exchange rate will be fixed. You will receive live currency exchange market rates with XE, which can fluctuate right up to confirmation of your transaction. XE has no minimum transfer limit however, there is a USD$500,000 (or currency equivalent) maximum limit for online transactions only. 240914) issued by the Australian Securities and Investments Commission (ASIC). XE also holds an Australian Financial Services Licence (AFSL No. XE has regulated approval in every country of operation, including from the Financial Crimes Enforcement Network (FinCEN) in the US and the Financial Conduct Authority (FCA) in the UK. Frequently asked questions Is it safe to transfer money with XE? Sending money overseas comes with several considerations, such as exchange rates and upfront or hidden costs, so it pays, sometimes literally, to do your research and shop around. You’ll also receive email and SMS notifications to keep you up-to-date on where your funds are.īe aware that charges may be deducted from your payment if it’s re-routed to an intermediary or third-party bank before arriving in the recipient’s account. Keep track of your transaction’s progress 24/7 online. Confirm your currency, the amount you’d like to transfer and its final destination, then send your agreed payment to XE from your bank account.
Receive an estimate of fees on your transaction by entering your transfer amount, the currency you want it in and where you want to send it, into the XE currency converter calculator.
#Xe live currency converter License number
First things first: you’ll need to set up an account online with your details, including your driver’s license number or passport number. You can set up an account in minutes, submit documentation and book your transaction all on the same online platform. International money transfer companies typically offer competitive currency exchange rates. These transfers work by simply sending payments electronically from one bank account to another international bank account. International money transfers offer a fast and easy way to send money to family or friends abroad. How does XE’s money transfer service work? XE serves over 285 million customers worldwide each year. XE was founded in 1993, originally as Xenon Laboratories Incorporated, and officially launched its universal currency converter on their website in 1995.Īccording to XE, the company is one of the world’s largest currency converter sites and provider of international money transfers.