Home Apps Xe Currency Converter App

Xe Currency Converter App

This Xe product is separate from the official Xe App, but the foreign exchange and currency transfers are largely the same. Read on to discover the fundamental uses for this money transfer app.

Updated: 02/10/2021
Read time: 4 minutes
Compare Rates
 
   
Spain
EUR
GBP
£

What is the Xe Currency Converter App?

Xe is a foreign exchange specialist with financial services that span the globe. Their headquarters are in Ontario, Canada and were founded in 1993. They have around 350 employees and the CEO is Mark Ledsham. 

In this review of the Xe Currency Converter app we will focus on the currency conversion aspect of the company. The service allows you to exchange currencies between a wide array of options with competitive rates. Also, you can monitor the live exchange rate to determine the best time to make the exchange. 

How do I get the Xe Currency Converter App?

It’s possible to get the Xe Currency Converter app from the Google Play or Apple app platforms. The process of downloading and installing from each takes just a few minutes. 

Can I make international transfers with the Xe Currency Converter App?

It’s possible to convert the currency and transfer funds to over 170 countries. In fact, you can send money in 65 currencies, which covers most of the ones available. Once the transfer is made, you can track it using the app. 

How does the Xe Currency Converter App perform?

In this section we will examine the Xe Currency Converter app functionality to determine if it’s competitive. You’ll find out what to expect when the app is launched for yourself. 

User Interface: You’ll love the simple to use navigational menus that are intuitive. If you have been using other payment or currency conversion apps, then the Xe Currency Converter app will not have a high learning curve. The information is presented clearly so you can preview the currency conversion you’re about to make. 

Speed and bugs: The app ran as expected while we tested. No glitches or unexpected crashes occurred. However, your experience may vary based on the smartphone used. For example, the app has a lower rating than on the Google Play store, which means you should expect a few more bugs than what the Apple users experience. 

How to Send Money with the Xe Currency Converter App

The process of sending money with the app from start to finish is simple and will take no more than a few minutes. Here is the step by step procedure that even the beginners among you can follow:

Step 1: Log into the XE app using the security steps you have chosen. It might be a fingerprint, password, or 2-factor verification such as an SMS message. 

Step 2: Now you’ll need to enter recipient details such as their name, address and bank information. When sending money to the same recipient a 2nd time the details will be saved. 

Step 3: enter the amount you want to send and review the conversion rate. You may want to wait for the conversion rate to improve before making large transfer. 

Step 4: you can track the transfer progress in the app. 

How long does it take to send through the Xe Currency Converter App?

Executing a transfer with the Xe Currency Converter app will take 5-10 minutes if it’s your first time. You’ll need to learn the steps and what information is required for each type of transfer. However, once you learn the process, it can take just a few minutes to complete each transfer. 

The time taken for the recipient to receive the money is the same as when using the desktop. When sending to a bank expect to wait 1-5 business days for the money to arrive. 

Can you add money directly to the Xe Currency Converter App?

The Xe Currency Converter app is only used for making transfers. Therefore, you don’t have the ability to load money to your account for future use. 

Summary

Overall, the Xe Currency Converter app is solid, allowing you to exchange between 65 currencies when making a transfer. Furthermore, the app has a rating of 4.4 on the Apple app store and only 3.8 on the Google Play store. There is room for improvement on the latter to satisfy more of the customers. The ability to monitor conversion rates using detailed graphs is one of the strengths here that will help you make the right financial decisions. 

Related content

Google Pay App
What is the Google Pay app? A culmination of Android Pay and Google Wallet, the Google Pay app officially entered the FinTech market in 2018. Originally an enterprise devised to be a digital mobile wallet, the Android equivalent to Apple Pay and Samsung Pay. The app has since been optimised for use on both iOS […]
Wells Fargo Mobile® App
About Wells Fargo Mobile App  Wells Fargo is a global banking group with a market value of $181.6 billion USD. According to data from June 2021 the Wells Fargo customer base currently stands at an estimated 69 million people. The bank continues to improve its digital offerings, optimising the Wells Fargo Mobile app to keep […]
Lloyds Bank App
What is the Lloyds Bank app? Lloyds is a long-standing high street staple in the UK banking world and in order to keep up with the rapid digitalisation of traditional bank services, the company has developed a secure mobile application for its customer base of over 10 million people.  As with the Lloyds Internet Banking […]
Exchange Rates
All Services