XE charges no transfer fees, no matter how much and what currencies you send.
XE does offer great exchange rates as it claims.
Markups tend to be 0.5% to slightly below 1% over the mid-market rate for most of the currencies it trades, whereas many of its rivals have markups more than 1%. For few currencies, the margin on the exchange rate is still above 1%. For example, the markup for converting currency from KWD to PHP is around 1.3%.
XE can deliver money from one country to another within 1 to 2 business days, but possibly up to 4 days in rare circumstances. You should be aware that sending money to XE will take time, as it only accepts bank transfers. If XE receives your funds by noon, then it will send them out the same day, and your recipient potentially will receive them the next day.
XE money transfer presents its currency converter upfront on its homepage, providing the live mid-market rate to all visitors, who can compare their costs. It features money transfer in its menu that you can find it in a breeze. The FAQs under money transfer section is very helpful, and includes all relevant questions. Your money can be transferred online through its website 24 hours a day, 7 days a week. In case you have any concerns regarding money transfer, you have options to reach its customer support team either by phone or email, which are not 24/7 though.
XE developed a mobile app as a currency tool, but it doesn’t support your money transfers. It also falls short when it comes to calculating transfer costs, because XE only allows its registered customers to check the real exchange rate. Luckily, sign up with XE is quite simple and only take a couple of minutes to complete.