XE vs Moneycorp Comparison

XE, known for its competitive exchange rates and fee-free transfers, has been a trusted name in currency exchange since the 1990s. It offers a straightforward online platform for quick and efficient money transfers across over 170 countries.

Moneycorp, on the other hand, stands out with its extensive experience since 1979, providing a wide range of currency solutions, including forward contracts, tailored services for businesses, and a multi-currency travel card for UK residents. With offices in multiple countries and the capability to handle transactions in over 120 currencies, Moneycorp caters to a global clientele, emphasizing personalized service and financial expertise.

Both companies boast strong reputations and customer satisfaction, making them reliable choices for international money transfers.


Company NameXEMoneycorp
LogoXE logo new
XE ReviewMoneycorp Review
Customer Rating4.3/54.4/5
# Rating Customers65,000+ on Trustpilot6,300+ on TrustPilot
Top 3 Pros
  • No transfer fees
  • Strong brand reputation
  • Fast transfers
  • Wide range of services
  • High customer satisfaction
  • Experienced in complex transfers
Top 3 Cons
  • No dedicated dealer for low-volume traders
  • Β£1.99 fee for transfers under Β£1000
  • No cash pickup
  • Negative reviews for mobile app
  • More traditional compared to fintech alternatives
  • Fees vary by location and speed


Company NameXEMoneycorp
LogoXE logo new
Office LocationsUK, Spain, Canada, Australia, New ZealandUK, USA, France, Spain, Ireland, Hong Kong, Australia, Brazil, Gibraltar, UAE, Romania
# Currencies100+120+


Company NameXEMoneycorp
LogoXE logo new
Regulated byFCA, ASIC, and othersFCA, and others
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes

Limits and Fees

Company NameXEMoneycorp
LogoXE logo new
Min TransferNo minimumΒ£50
Max TransferΒ£350,000 online, higher limits over the phoneNo upper limit
Fixed FeesΒ£1.99 under Β£1000No
See Rates Before You Log In?YesYes

Customer Support

Company NameXEMoneycorp
LogoXE logo new
Dedicated DealerYes, for high-volume tradersYes
Live ChatNoNo

Ways to Transfer

Company NameXEMoneycorp
LogoXE logo new
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountNoYes
Cash PickupYesNo
Card Top-UpNoYes (Travel Card for UK residents)

Additional Functions

Company NameXEMoneycorp
LogoXE logo new
Mass PaymentsYesYes
Cash ChequesNoNo
Multi-Currency Debit CardNoYes (Travel Card for UK residents)


On MoneyTransferComparison, Moneycorp has received a higher editorial score. The advantages of Moneycorp over XE are these:

  • A broader range of services including specialized solutions for businesses and online sellers.
  • A more extensive global presence with offices in multiple countries.
  • The provision of a multi-currency travel card for UK residents.

Moneycorp is better for individuals and businesses looking for a wide range of currency solutions, including hedging and forward contracts, and those who might benefit from a dedicated account manager. Their travel card and extensive office network make them a solid choice for UK residents and businesses with international needs.

XE is better for those looking for straightforward, fee-free transfers and those who prioritize fast and efficient online transactions. With their competitive exchange rates and the ability to send money to over 170 countries, XE is a strong contender for personal and small business transfers that require quick and easy solutions without the need for complex financial instruments.