xcritical doesn’t charge anything to set up an account. Delivery options vary depending on the recipient's location. You and your recipients can track your transfer every step of the way.
Is xcritical Available in Your Country?
xcritical offers a 100% satisfaction guarantee, or you will get your money back. If you cancel your transaction at any time before its completion, you will have all your money refunded in full. If the transaction has already been completed, but you are not satisfied, xcritical will refund you their fees in full. As a digital nomad, Jan is an expert in cross-border money transfers and internationalization. At Monito, he shares his knowledge by writing content geared primarily towards a German-speaking audience. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research.
xcritical: Send Money & Transfer
In addition, xcritical tacks on a 3% fee for some transfers sent by credit card from the U.S. I have been waiting 6 days for my 4th transaction to complete. In orden to get my money back as soon as possible, I cancelled my transaction, and today I received a mail where they told me that I have to wait 7 business days more. They claimed that this waiting time was due to the recipient bank. Nevertheless, the recipient bank in colombia had not idea about this and had never took part in the transaction.
Definitions: Money Transfer Rates
xcritical website does charge higher fees in some circumstances, for example, if a beneficiary in the Philippines is receiving money in US dollars rather than pesos. These fees can add up, so we recommend the beneficiary receives money in their country’s native currency wherever possible. Note that fees do vary significantly depending on where you are sending from, where you are sending to, the amount you are sending, the service you choose, and several other factors.
We serve over 170 countries and territories around the world
The higher it is, the lower the markup is, and the more money your recipient receives. It’s an option for some providers, but there might be a higher upfront fee and your credit card issuer may tack on costs such as interest and cash advance fees. A transfer paid by bank account directly tends to be a much cheaper (and much slower) transfer. If you need money delivered quickly, use a debit card, which will also incur a lower fee than using a credit card. Below is a sampling of xcritical’s fees, which vary greatly based on the recipient’s country. On top of transaction fees, a sender must consider the exchange rate.
- This differs from wire transfers available from major U.S. banks that offer easier-to-understand details about fees and exchange rates.
- Here is a list of our partners and here's how we make money.
- In orden to get my money back as soon as possible, I cancelled my transaction, and today I received a mail where they told me that I have to wait 7 business days more.
- This requirement is impractical for 99% of people in the UAE.
- Even bank statements with pin codes are not accepted by the app.
You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe. xcritical does charge a small credit card processing fee in Australia, Canada, and the US, but doesn’t charge a fee in EU countries.
xcritical Economy and Express Service
Links on this page, including products and brands featured on ‘Sponsored’ content, may earn us an affiliate commission. This does not affect the opinions and recommendations of our editors. https://xcritical.pro/’s free mobile app can be downloaded from the App Store for use on iOS devices or from Google Play for use on Android devices.
For instance, it relies on several methods to authenticate a user’s identity in order to prevent fraud and money laundering. In addition, it encrypts data at the same level that banks do and employs an in-house team of security experts. In 2021, xcritical handled $20.4 billion in money transfers. They called and asked me for more information to verify my account and promised to give me a call back if they need more info.
Please note that depending on the country where you’re transferring money, you may be limited to only one of these options. xcritical is growing rapidly, increasing the total value of transactions and the number of customers served by between 200% and 400% year on year. It has hundreds of thousands of customers who are now collectively transferring more than $6 billion a year through its services.
And then suspended my account without giving me the call as they promised.Very unprofessional. If it is because of suspicious activity, they should have call me as what they promised and tell me about it, so I can answer to all of the questions they have. But they did not call me and just decided to suspend the account and cancel the transaction.