Xe Review: Overview, Features, Pricing & Alternatives in 2025

Frustrated by slow, complicated money transfers?

If you’re sending funds across borders, you’ve probably been burned by clunky interfaces, surprise fees, or outdated rates that eat into your payments.

What I see most often is extra costs draining your transfers daily, either through hidden markups or wasted time double-checking rates.

Xe looks to fix this by blending competitive exchange rates, flexible delivery options, and real-time alerts—plus their integrations mean you can automate payments from inside your ERP or business apps. Their platform stands out for transparent pricing, live currency data, and business automation features that reduce manual steps.

In this review, I’ll break down how Xe helps you get faster, smarter transfers without headaches, so you can focus less on the process and more on your goals.

You’ll find a complete Xe review covering features, pricing, pain points, and side-by-side alternatives—all focused on what actually matters for your evaluation.

You’ll leave with the features you need to compare, decide, and save real time (and money).

Let’s get started.

Xe Overview

Xe has been a foundational player in currency exchange since its founding in 1993. Based in Canada, their primary mission has always been offering you competitive rates for international money transfers and reliable currency data.

They serve both individual consumers and growing businesses, but what really stood out to me is their focus on integrated business payments. This specialization means you get solutions purposefully built for complex financial workflows, not just simple, one-off consumer remittances.

Their 2015 acquisition by Euronet Worldwide was a particularly smart move, in my opinion. Through this Xe review, you’ll see how it gave them the massive global payments infrastructure of a top-tier provider.

Unlike competitors like Wise, which prioritize fee transparency for consumers, I find Xe’s true differentiator is its deep currency data and powerful API tools. It’s a platform built by experts for businesses needing serious foreign exchange capabilities.

They work with a broad spectrum of companies, from growing e-commerce stores to large enterprises integrating payments into ERP systems like Microsoft Dynamics or Oracle to streamline crucial accounts payable functions.

From my analysis, Xe’s current strategy centers on embedding their payment technology directly into your core operational software. This strong focus on automation directly addresses the market’s need to eliminate costly manual reconciliation errors and operational overhead.

Now, let’s look at their features.

Xe Features

Still losing money on international transfers?

Xe features can help you navigate the complexities of global currency exchange. Here are the five core Xe features that address common pain points for individuals and businesses.

1. International Money Transfers

Worried about slow, expensive international payments?

Dealing with traditional banks often means high fees and lengthy transfer times. This can be frustrating when you need to send money urgently.

Xe’s international money transfers allow you to send funds to over 190 countries with various payout options, including bank deposits, cash pickup, and mobile wallets. I found that debit/credit card payments process almost instantly, which is a huge plus for urgent needs. This feature simplifies cross-border transactions for you.

This means you get fast, transparent, and flexible options for sending money globally, which can save you both time and unnecessary fees.

2. Xe Currency Converter

Struggling to find real-time exchange rates?

Manually tracking currency values can be time-consuming and unreliable. You need accurate data to make informed financial decisions.

The Xe Currency Converter provides live, mid-market exchange rates for hundreds of currencies, accessible via their website and mobile app. From my testing, it’s incredibly quick and easy to check current values, helping you understand real-time market dynamics. This feature serves as a valuable informational tool.

This means you always have up-to-date currency insights at your fingertips, which allows for better financial planning and timing of your transactions.

3. Xe Currency Data API

Tired of manual currency rate updates in your systems?

Keeping exchange rates current across multiple business systems often leads to manual errors and wasted effort. This hinders operational efficiency.

The Xe Currency Data API offers real-time, reliable exchange rate data for over 220 currencies that you can integrate directly into your ERP systems. What I love about this approach is how it automates rate updates, reducing manual errors, and improving data accuracy. This feature is a game-changer for businesses.

This means your business systems always have accurate currency data, which allows you to track transactions and display multi-currency pricing with confidence.

4. Xe Rate Alerts

Missing out on favorable exchange rates?

Constantly monitoring currency markets for the best rates is impractical for most people. You need a smart way to know when to act.

Xe Rate Alerts allow you to set personalized notifications for your desired exchange rates, delivered via email or app push notifications. Here’s what I found: this feature helps you identify opportune moments to transfer, without needing to constantly check the market yourself. It’s incredibly convenient.

This means you can capture better exchange rates for your transfers, which potentially saves you significant money on your international transactions.

5. Xe Global Business Payments (ERP Integrations)

Are your international business payments still manual and prone to errors?

Managing domestic and international payments manually within your ERP system can be cumbersome and lead to reconciliation headaches. This impacts your business’s efficiency.

Xe Global Business Payments integrates directly into your ERP’s accounts payable functionality, streamlining payments and reporting. This is where Xe shines: it automates payment processes, reduces manual tasks, and provides real-time reconciliation directly within your existing system. This feature helps eliminate payment friction.

This means your finance team can automate payments, reduce errors, and focus on strategic growth rather than tedious administrative tasks.

These Xe features work together to create a comprehensive solution for global currency needs, helping both individuals and businesses manage international finances more effectively.

Xe Pricing

Uncertain about what you’ll really pay?

Xe pricing operates on a more dynamic structure, with clear transfer fees and exchange rates for individuals, while business and API costs often require direct contact for a tailored quote.

1. Pricing Model & Cost Factors

Understanding their pricing approach.

Xe’s core individual transfer pricing is transparent, primarily based on transfer amount, destination, and payment method, with fees clearly shown upfront for your transaction. For business solutions like the Currency Data API or ERP integrations, Xe uses a custom quote model, meaning costs vary significantly depending on your specific usage and required features.

From my cost analysis, this means your expenses are directly linked to your service usage or business scale.

2. Value Assessment & ROI

Is this pricing worth it?

What I found regarding Xe pricing is its strong value for individuals seeking low-cost, transparent international money transfers. For businesses, the API and ERP integrations can deliver significant ROI by automating manual currency updates and payment processes, saving your team time and reducing errors.

This helps you avoid the hidden fees often associated with traditional banking, making your international transactions more efficient.

3. Budget Planning & Implementation

Consider your total cost.

For individual transfers, you’ll mainly consider the fee (if any) and the exchange rate margin. For business services, your budget needs to account for the custom quote, potential implementation efforts for API integration, and ongoing usage. What stood out about their pricing was how they offer a free sign-up for basic tools before any commitment.

So for your business or personal needs, you can easily evaluate Xe’s core features before discussing specialized pricing.

My Take: Xe’s pricing model balances free individual tools with custom enterprise solutions, making it a flexible choice for both personal remittances and businesses needing integrated currency data or payments.

The overall Xe pricing reflects transparent costs for transfers and tailored business solutions.

Xe Reviews

What do customers really think?

To give you an honest perspective, I analyzed numerous Xe reviews from various platforms. This section focuses on real-world user experiences to help you understand what actual customers think about Xe.

1. Overall User Satisfaction

User sentiment is quite positive.

From my review analysis, Xe generally receives favorable ratings for its reliability and ease of use, particularly for currency data and basic transfers. What stood out in customer feedback is how most users appreciate its straightforward functionality, aligning with their core expectations.

This indicates you can expect a generally positive experience with its primary services.

2. Common Praise Points

Currency data accuracy is a consistent winner.

Users frequently praise Xe’s accurate and real-time currency data, finding it incredibly useful for quick lookups and financial planning. Review-wise, I found users consistently highlighting the intuitive currency converter and reliable exchange rates, making it a go-to for daily needs.

This means you can rely on Xe for up-to-date and dependable currency information.

3. Frequent Complaints

Customer service issues frequently appear.

Conversely, a recurring theme in critical Xe reviews involves frustrations with customer service and occasional delays in money transfers. What I found in user feedback is how communication regarding transfer status can sometimes be lacking, leading to user anxiety about funds.

These issues seem like potential irritants rather than outright deal-breakers for most users.

The overall Xe reviews paint a picture of a reliable tool with some service-related rough edges, emphasizing its core strengths.

Best Xe Alternatives

Seeking the best international money transfer platform?

Finding the best Xe alternatives requires looking at your specific transfer needs, whether it’s for personal remittances, large business payments, or broader financial tools.

1. Wise (formerly TransferWise)

Prioritizing transparent, low-cost small transfers?

Wise excels for smaller, frequent transfers where transparent fees and the mid-market rate are your top priorities. From my competitive analysis, Wise often emphasizes its direct fee transparency more consistently, though Xe offers a broader selection of currencies for transfers.

Choose Wise if you prioritize the mid-market rate for all transfers and absolute fee clarity.

2. OFX

Making very large business transactions?

OFX is often preferred for larger transfers, providing competitive rates and lower fees for high-value amounts. What I found comparing options is that OFX offers personalized service for high-value transfers and better currency risk management, unlike Xe’s focus on broader global reach.

Consider this alternative for very large transfers where advanced currency risk management tools are crucial.

3. WorldRemit

Sending money to recipients needing cash pickup?

WorldRemit shines with diverse payout methods like cash pickup and mobile money, ideal for recipients in areas with limited banking infrastructure. From my analysis, WorldRemit’s strength is its extensive delivery network, which surpasses Xe’s in cash pickup locations for smaller personal remittances.

Choose WorldRemit if your recipient needs cash pickup or mobile money, especially for smaller amounts.

4. Revolut

Need a broader financial management platform?

Revolut offers a comprehensive suite of financial services, including multi-currency accounts and budgeting tools, beyond just transfers. Alternative-wise, Revolut provides a more integrated financial ecosystem while Xe specializes purely in currency exchange and data, catering to different overall needs.

Choose Revolut if you need a comprehensive financial management tool, not just a dedicated money transfer service.

The best Xe alternatives depend on your specific transfer frequency and recipient needs rather than just competitive rates.

Xe Setup

Wondering what Xe’s setup really entails?

This Xe review will walk you through the practicalities of deploying their solutions, from basic currency tools to complex ERP integrations, setting realistic expectations for your business.

1. Setup Complexity & Timeline

Not all Xe deployments are equal.

For individual users and basic currency tools, setup is straightforward, often completed online in minutes. What I found about deployment for businesses is that ERP integrations are significantly more complex, potentially taking weeks or months depending on your existing system and internal IT capacity for implementation.

You’ll need to define your integration scope clearly to avoid unexpected delays and resource drains.

2. Technical Requirements & Integration

Expect varying technical demands from Xe.

For personal use, requirements are minimal (internet access, mobile device). For business payments, the Xe Currency Data API needs integration with your existing ERP systems. From my implementation analysis, API integration requires developer resources to ensure compatibility with Microsoft Dynamics, Oracle, or SAP, for example.

You’ll want to assess your IT team’s capacity and potentially budget for external developer support.

3. Training & Change Management

User adoption varies greatly by solution.

Individual users will find the Xe website and app intuitive, requiring almost no training. However, for business teams integrating global payments, specific training is necessary. From my analysis, finance and accounting teams will need workflow training to leverage automation and new reporting capabilities effectively.

Plan for dedicated training sessions and change management efforts to maximize the benefits of integrated business solutions.

4. Support & Success Factors

Vendor support can be inconsistent.

While Xe offers demos for complex integrations, public user feedback on general customer service is mixed, with some reporting unhelpful support. What I found about deployment is that proactive communication is key when issues arise, especially for critical business payment processes during implementation.

You should establish clear communication channels and project milestones with Xe to ensure smoother progress and timely issue resolution.

Overall, your Xe setup experience ranges from instant for personal use to a strategic project for businesses, where successful deployment hinges on integration planning.

Bottom Line

Xe: The right currency solution for you?

My Xe review synthesizes its strengths, limitations, and ideal users, helping you decide if this comprehensive platform fits your specific international payment and currency data needs.

1. Who This Works Best For

Businesses and individuals with global payment needs.

Xe is ideal for companies making cross-border payments, international travelers, and individuals sending remittances. From my user analysis, businesses integrating payments into ERP systems will find significant value. Your operational needs for precise, real-time currency conversion drive its utility.

You’ll find success if your primary concern is efficient, cost-effective international money transfers and reliable currency data access.

2. Overall Strengths

Competitive rates with expansive global reach.

The software succeeds by offering bank-beating exchange rates and transfers to 200 countries, backed by a powerful Currency Data API and convenient Rate Alerts. From my comprehensive analysis, its robust ERP integrations streamline business payments, automating workflows and reducing manual effort for your accounting teams.

These strengths translate directly into significantly impacting your bottom line for international transactions.

3. Key Limitations

Customer service responsiveness can be inconsistent.

While powerful, some users have reported challenges with customer service and occasional delays in transfer completion times. Based on this review, specific pricing for business API access requires direct inquiry, which adds a step to the evaluation process for your team.

I find these limitations manageable if you prioritize competitive rates and core functionality over consistently prompt support or upfront API cost transparency.

4. Final Recommendation

Xe is a highly recommended solution.

You should choose Xe if your business or personal needs involve frequent international money transfers, reliable currency data, and potential ERP integration. From my analysis, this platform excels for larger transfer volumes where competitive rates yield significant savings for your business.

My confidence level is high for its core offerings, making it a strong contender for your international currency requirements.

This Xe review showcases strong value for global payment needs, providing a dependable solution for managing your international currency and transfer requirements with confidence.