Xendpay review: Find out more about the innovative provider

‘Pay what you want’ fees with Xendpay international money transfers… Too good to be true?

Xendpay is an international money transfer service that allows you to send money to friends and family in 147 countries.

Xendpay’s main selling point is that you can “pay what you want” when it comes to fees. This sounds too good to be true. Most companies advertising “low” or “no” fees will often roll the fees into their rates – so they’ll still make roughly the same amount anyway!

Xendpay’s rates do, however, fare well against the competition. While prices and rates vary daily, Xendpay is consistently competitive. Read our review to find out more about Xendpay and whether they might be the right international money transfer provider for you.

Product NameXendpay International Money Transfers
Min. Transfer AmountGBP 1
Max. Transfer AmountNo limit
Transfer MethodsOnline, Phone
Transfer Speed
Minimum transfer time
1 day
Customer ServicePhone, Email
Available CurrenciesAED, AUD, BBD, BHD, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, INR, JMD, JOD, JPY, KES, KWD, MUR, MXN, NOK, NZD, OMR, PLN, RON, SAR, SEK, SGD, THB, TND, TRY, USD, XCD, ZAR
Online Transfer FeeGBP 0
Exchange Rate UpdatesReal time

Pros

  • SPOT contracts
  • Regular payments
  • One off payments

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  • Send money to 195 countries in 60 different currencies
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Xendpay exchange rates

Foreign currency markets fluctuate every day. It’s the same case for the rates offered by money transfer providers like Xendpay.

A quick search shows that Xendpay’s rates compare favourably to those offered by high-street banks. It also compares pretty well against other online transfer companies.

To determine the exact rate you’ll be charged, you’ll need to head to the Xendpay site and click ‘Get Started’ – or check them out compared to the competition on one of our tables.

Compare all international money transfer providers

How much does it cost to transfer money with Xendpay?

Xendpay’s money transfers are ‘free’ on transfers over £2,000. It claims it doesn’t mark up the exchange rates to compensate for this, and it’s true Xendpay does have competitive rates – but a bit of healthy scepticism never hurts!

Just keep an eye on Xendpay’s rates and be sure to compare it with similar providers using our tables.

Minimum and maximum transfer amounts

You can transfer a minimum of £1 with Xendpay.

You can transfer a maximum of £100,000 with Xendpay online (and after verification).

The maximum you can transfer via card payments is £5,000. (You can make more than one card payment per day).

What types of transfers can you carry out with Xendpay?

Xendpay simply offer online international money transfers.

What are the benefits and drawbacks of using Xendpay?

Pros

  • Worldwide access. More or less, with 147 countries to choose from.
  • Competitive fees and rates. Whatever you make of the ‘pay what you want’ idea, the final price for transferring money with Xendpay is very competitive.
  • Pay what you want. You can choose your own fee up to an initial £2,000 in transfers.
  • It’s secure. Xendpay is registered with the UK’s Financial Conduct Authority.
  • Competitive exchange rates. Xendpay’s rates are often stronger than banks and other services.
  • iPhone app. Allows transfers from iOS mobile device

Cons

  • Limited delivery options. Transfers to bank accounts and mobile wallets only.
  • Limited no-fee. “Pay what you want” applies only to the first £2,000 you send.
  • Long transfer speeds. It can take up to 4 days for your recipient to receive the funds.
  • No recurring payments. At this time, you can’t schedule recurring payments with Xendpay.

What other products and services does Xendpay offer?

That’s it! Xendpay specialises in transferring money internationally via online transfer.

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