XE vs Revolut Comparison

XE, established in 1993, has built a reputation for reliability and extensive currency options, catering to a global audience with its comprehensive money transfer services.

On the other hand, Revolut, founded in 2015, has quickly risen to prominence as a digital banking alternative, offering innovative financial solutions including multi-currency accounts, international spending, and investment opportunities.

This article delves into a comparative analysis of XE and Revolut, highlighting their features, advantages, and ideal use cases to help you decide which service best suits your international money transfer needs.

Customers

Company NameXERevolut
LogoXE logo newrevolut new logo
XE ReviewRevolut Review
Customer Rating4.3/54.3/5
# Rating Customers65,000+ on Trustpilot138,000+ on Trustpilot
Top 3 Pros
  • Great customer reviews
  • Strong reputation
  • Fully regulated
  • Good app
  • Easy sign-up
  • Utilise funds for investing
Top 3 Cons
  • Β£1.99 fee for transfers under Β£1,000
  • No virtual bank accounts
  • Access to a dedicated dealer requires $50,000 annual volume
  • Involved in scandals over AML policy
  • Only partly regulated by FCA
  • Customer response could be delayed

Availability

Company NameXERevolut
LogoXE logo newrevolut new logo
Office LocationsUK, Spain, Canada, Australia, New ZealandUK, US, Australia, and many European countries
# Currencies98+29 via bank transfer, 140 with currency card

Security

Company NameXERevolut
LogoXE logo newrevolut new logo
Regulated byFCA, ASIC, and othersFCA, ASIC, and others
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes
2FANoYes

Limits and Fees

Company NameXERevolut
LogoXE logo newrevolut new logo
Min Transfer$1$1
Max TransferΒ£350,000 / $535,000Varies by plan
Fixed FeesΒ£1.99 under Β£1,000Varies by plan
See Rates Before You Log In?YesYes

Customer Support

Company NameXERevolut
LogoXE logo newrevolut new logo
Dedicated DealerYes (for transfers above $50,000)No
EmailYesYes
PhoneYesYes
Live ChatNoYes
24/7NoYes

Ways to Transfer

Company NameXERevolut
LogoXE logo newrevolut new logo
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountNoYes
Cash PickupYesNo
Card Top-UpNoYes

Additional Functions

Company NameXERevolut
LogoXE logo newrevolut new logo
HedgingYesYes
Mass PaymentsYesYes
Cash ChequesNoNo
Multi-Currency Debit CardNoYes

Conclusion

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

  • XE offers more competitive exchange rates for larger transfers.
  • XE has a broader selection of currencies available for transfer.
  • XE provides a more extensive global reach with services available in more countries.

XE is better for larger international money transfers and for individuals or businesses looking for a wide range of currency options.

Revolut is better for those seeking a modern banking alternative with multi-currency accounts, and for travelers who can benefit from its international spending and exchange features.