![]() ![]() The currency you are transferring money to: The fee will be higher for some countries than others.įor example, there will be a debit card fee of $6.50 NZD if you are transferring $1,000 NZD to Australian dollars.The payment method used: Credit card payments have a higher fee than debit card payments).How much you are transferring: The higher the amount, the higher the fee. ![]() ![]() While there is no separate fee if you pay by bank transfer, a fee does apply if you choose to pay by either debit or credit card.Įxactly how much this fee is depends on three things: But after opening an account, we found the overall amount transferred for each transaction we checked generally offered better value than doing so through a bank and was competitive with other non-bank money transfer services. Xe doesn’t publicly publish its interest rates and fees, possibly because these vary depending on a number of factors regarding your transfer). However, that bank will also charge a fee separately, which is not the case with Xe if you choose to transfer by bank transfer. This means that the exchange rate you see when making a transfer may well be higher than alternative options, such as making a transfer through your bank. Xe operates a little differently from some other money transfer services in that the fee it charges for its service is largely included in the exchange rate it offers. The company has its headquarters in Ontario, Canada, but it caters for countries around the world, including New Zealand.Īs well as a money exchange service, Xe offers a range of features including, free historical currency data, a free mobile app, a currency encyclopaedia, and more. XE is a global foreign exchange service and data analysis provider that has been serving people since its foundation in 1993. ![]()
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