XE Money Transfer –
Currency Exchange Made Easy
Founded in 1993, the XE Money Transfer is now one of the world’s leading currency authorities. Providing benefits such as highly competitive exchange rates, secure money transfers, and 24/7 secure online platform, it is one of the best services of this kind on the planet. We at New Zealand Van Lines encourage our clients to use this service to get their money to New Zealand – better foreign exchange rates are guaranteed.
The company offers a wide variety of flexible features to ensure straightforward and fast international money transfers. It allows the user to convert from more than 20 popular currencies into 50 other world currencies, with no fees on its transactions.
How Much Does it Cost?
As we said, the service does not charge any commissions or fees when it comes to international money transfers. The company turns a profit on the spread – this would be the difference between the price that it actually costs the company to perform a particular trade and the price the user receives for a transaction.
However, outgoing wire transfers do come with a fee, but this is typically a lot lower than what most banks charge for such transactions. There’s also the possibility of third-party charges in some rare cases, like the fees from various financial institutions for accepting wire transfers.
Types of Transfers
A user can send transfers from his bank account by one of the following methods:
- Wire transfer
- ACH (Automated Clearing House)
The person you’re sending money to doesn’t need to have an XE account – the funds will be safely deposited into his bank account. XE also allows its users to enter bids for exchange rates they would like to receive.
Registration and Transfer Process
Making an XE account is very simple and completely free. If you have your identification on hand, the entire process won’t take more than a couple of minutes. Here’s how to do it:
Setting up a transfer is as equally easy. One only has to provide the payment details and the amount of money he wishes to send, its currency, and who would you like to receive it. That’s it! The processing time, on the other hand, varies on the transfer method and the location of the person you’re sending the funds to.
Why Use XE?
With benefits such as secure transfers, great exchange rates, 24/7 online access, and no fees at all, the XE Money Transfer is undoubtedly one of the most competitive and affordable solutions for sending cash overseas.