XE Money Transfer vs Wise - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like XE Money Transfer and Wise have emerged as leading choices. Both XE Money Transfer and Wise online platforms offer efficient and cost-effective and secure international money transfers from XE Money Transfer and Wise.

We compare XE Money Transfer vs Wise into the unique features and benefits that distinguish XE Money Transfer vs Wise, empowering you to make an informed decision based on your specific transfer needs like XE Money Transfer vs Wise fees, currencies available, available payment methods on XE Money Transfer compared to Wise, support options offered by XE Money Transfer vs Wise, speed and more.

XE Money Transfer vs Wise: Quick Feature Comparison

  1. Visit XE Money Transfer alternative XE Money Transfer Visit XE Money Transfer

    Used By: 280000000
    Currencies Available: 76
    Transfer Fees: none
    Payment Methods: Bank transfer, credit card, debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$500,000.00 (or equivalent)
    Year Founded: 1993

  2. Visit XE Money Transfer alternative Wise Visit Wise

    Used By: 11000000
    Currencies Available: 54
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$1,000,000 (varies based on currency)
    Year Founded: 2011

XE Money Transfer vs Wise: Pros and Cons

XE Money Transfer vs Wise
Advantages

XE Money Transfer Advantages Wise Advantages
  • XE Money Transfer has been serving clients for over 31 years
  • XE Money Transfer is well rated among clients.
  • XE Money Transfer is available internationally.
  • XE Money Transfer has multiple currency options.
  • XE Money Transfer provides phone customer support.
  • XE Money Transfer provides email customer support.
  • XE Money Transfer is available to iOS Apple device users.
  • XE Money Transfer is available to Android mobile device users.
  • Wise has been in operation for over 13 years.
  • Wise boasts a high rating for sending money.
  • Wise operates in numerous international countries.
  • Wise offers an extensive range of currency options for money transfers.
  • Wise provides phone support.
  • Wise offers registered customers email support.
  • Wise has a Apple iOS app on Apple app store.
  • Wise offers a Android Google Play Store mobile app.

XE Money Transfer vs Wise
Disadvantages

XE Money Transfer Disadvantages Wise Disadvantages
  • XE Money Transfer has no PayPal support.
  • XE Money Transfer has no Neteller payments support.
  • XE Money Transfer has no Skrill payment support.
  • XE Money Transfer does have a mobile digital wallet like some others.
  • No home delivery with XE Money Transfer.
  • No cash pickups with XE Money Transfer.
  • No money order support with XE Money Transfer.
  • No live chat support with XE Money Transfer.
  • Wise has no PayPal option.
  • Wise has no Neteller option.
  • Wise has no Skrill option.
  • No digital wallets with Wise.
  • No Wise home delivery.
  • No Wise Cash pickups.
  • No Wise money order option.
  • No Wise Livechat.

XE Money Transfer vs Wise Fees and Other Costs

Fee type XE Money Transfer Fees Wise Fees
Transfer Fees none 0.5%-1%
Min Transfer US$1.00 US$1.00
Max Transfer US$500,000.00 (or equivalent) US$1,000,000 (varies based on currency)
Payment Methods Bank transfer, credit card, debit card Bank transfer, debit card, credit card, SOFORT transfer
Currencies AED, BDT, BHD, BTN, HKD, IDR, ILS, INR, JOD, JPY, KWD, LKR, MYR, NPR, OMR, PHP, PKR, QAR, RUB, SGD, THB, TRY, TWD, VND, BAM, BGN, CHF, CZK, DKK, EUR, GBP, HRK, HUF, NOK, PLN, RON, RSD, SEK, BBD, CAD, CRC, DOP, GTQ, HNL, JMD, MXN, TTD, USD, XCD, AUD, FJD, NZD, TOP, WST, ETB, GHS, GMD, GNF, KES, MAD, MUR, MZN, RWF, SLL, TND, TZS, UGX, ZAR, ARS, BOB, CLP, COP, GYD, PEN, PYG, UYU AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW

XE Money Transfer vs Wise Restricted Countries

XE Money Transfer Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Wise Country Restrictions

North Korea

XE Money Transfer vs Wise Transfer Speeds

Transfer Speed XE Money Transfer Wise
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

XE Money Transfer vs Wise Languages

XE Money Transfer Supported Languages

English, German, Spanish, French, Portuguese, Italian, Swedish, Chinese (Simplified), Chinese (Traditional), Arabic

Wise Supported Languages

English, French, German, Hungarian, Japanese, Polish, Portugese, Romanian, Russian, Spanish, Turkish

XE Money Transfer vs Wise Verdict - Which is better?

Which is best out of XE Money Transfer and Wise depends on your needs.

  • XE Money Transfer vs Wise Transfer Fees: Transferring money with XE Money Transfer costs none while Wise charges 0.5%-1%.
  • XE Money Transfer vs Wise Supported Currencies: XE Money Transfer deals in over 1, where as Wise offers transactions in 1.
  • XE Money Transfer vs Wise Payment Methods: XE Money Transfer accepts Bank transfer, credit card, debit card, while Wise allows transactions via Bank transfer, debit card, credit card, SOFORT transfer.
  • XE Money Transfer vs Wise Transfer Limits: XE Money Transfer allows transfers between US$1.00 and US$500,000.00 (or equivalent). Wise's range is US$1.00 to US$1,000,000 (varies based on currency).
  • XE Money Transfer vs Wise Minimum Age for Account Creation: XE Money Transfer requires users to be at least 18 years old, where as Wise has a minimum age requirement of 18.
  • Contact Number: You can reach XE Money Transfer at 441753441844 and Wise at 44 20 7033 0296.
  • XE Money Transfer vs Wise Countries of Operation: XE Money Transfer operates in over 1 countries but has restrictions in over 1 countries. Wise serves 1 countries and restricts operations in 1 countries.
  • XE Money Transfer vs Wise Client Base: XE Money Transfer is used by 280,000,000, where as Wise serves 11,000,000.
  • XE Money Transfer vs Wise Year Founded: XE Money Transfer was established in 1993 and Wise began its operations in 2011.
  • XE Money Transfer vs Wise Customer Rating: XE Money Transfer holds a rating of 4, in contrast, Wise has a rating of 4.
  • XE Money Transfer vs Wise Headquarters: XE Money Transfer has its headquarters at Newmarket, Canada, while Wise is based at London, UK.
  • XE Money Transfer vs Wise Employee Count: XE Money Transfer employs 350 individuals, where as Wise has a team of 2,243.
  • XE Money Transfer vs Wise Estimated Annual Turnover: XE Money Transfer turnover stands at 10000000000USD, while Wise boasts a turnover of 27000000.
  • XE Money Transfer vs Wise Founder: XE Money Transfer was founded by Jeff Boss, holding the position of Chief Financial Officer. On the other hand, Wise was the brainchild of Venkatesh Saha, currently holding the position of CEO.
  • XE Money Transfer vs Wise Supported Languages: XE Money Transfer offers support in over 1 languages. Wise communicates in 1.

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XE Money Transfer vs Wise Alternatives Guides

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Screenshots

XE Money Transfer Screenshot

XE Money Transfer Screenshot

Wise Screenshot

XE Money Transfer Screenshot