By Mohammed Waseem
Sending money has become very easy today, thanks to the continuous innovations in the money transfer industry. Companies dealing in foreign exchange, most of them offer international money transfers as well. On such company is RationalFX, a UK-based exchange house, which operates Xendpay, the online money transfer service with offices in the UK and France.
Xendpay is among the most reputed money transfer services of UK, which has transferred over $2 billion worldwide and is among the fasted growing privately owned financial services businesses. They operate in approximately 90 countries worldwide. They guarantee better rates and lower fees along with 0% commission charged. Senders can send anything from £20 and pay by bank transfer, credit or debit cards and iDeal (applicable only for EUR transactions). In addition, they provide a “No Surprise Guarantee” which means that if any of the intermediary banks makes a deduction for some reason, they will refund that deduction in full to the sender.
In order to send money, the sender has to create an account on Xendpay website, view the live quote, provide remittance details and then make the payment. The fee depends on the amount and the destination country, but the general fee for payments in GBP are £3.99. The exact fees and limits can be known by visiting this link. They guarantee best exchange rate and fees in comparison to some of the leading money transfer operators including Western Union and PayPal. Delivery times depend on payout currency and the destination country; it may be anywhere between same day delivery to 2-3 working days.
Referring a friend can earn users Amazon vouchers worth £10, €12 or $15. The limitation, however, is that their transaction amount should be more that £300 or equivalent.
Most users are happy with their service and recommend others to send money through them for better exchange rates, better fees and an overall good service.