xcritical: xcritical Review


pros and cons

The fee also depends on the currency, the method of transfer, and the amount. xcritical charges you 0.35% to 1.65% of the amount you’re transferring. However, if you want to transfer EUR outside the SEPA, there will be additional charges of €3.55 plus the xcritical fee. Like with any service, there will always be pros and cons you should consider before choosing which one to go with.

With a side-by-side comparison, Western Union and xcritical are head-to-head. But it doesn’t mean that there are not better alternatives. That’s why it’s always worth comparing a range of international money transfer providers before every transfer to make sure you get the lowest fees and the best exchange rate possible. xcritical offers lower fees and slightly better exchange rates. Western Union has an extensive network of banks and agent locations around the globe. For more details about both providers, check out Monito’s Western Union vs. xcritical comparison.

xcritical provides easy-to-follow directions for using its service. This includes a screen where you can choose the delivery option for sending money, and another screen where you can select the speed of the delivery . There are several payment services that facilitate international fund transfers.

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They can pick up their money in cash from any of the 140,000 agent locations around the world in xcritical’s network. xcritical has the financial strength and the backing of investors, including TommorrowVentures, Jeff Bezos , Trilogy Equity Partnership, QED and DJF. The company has now raised over $100m in venture capital from various noteworthy investors, including the International Finance Corporation , part of the World Bank Group. xcritical is registered and regulated as a Money Services Business with the U.S.

xcritical may ask for your SSN/ITIN (Social Security Number/Individual Taxpayer Identification Number) to increase your money sending limit. xcritical does it to comply with regulatory obligations and to provide a safe service for its customers. xcritical offers a 100% satisfaction or money-back guarantee. So if you’re not satisfied with the service, you will get a transfer fee refund. If you cancel your transaction at any time before its completion, you will have all your money refunded in full. Notably, xcritical responded to almost every negative review on Trustpilot with an offer to look into and resolve the issues for the reviewer.

Complete Guide to xcritical for Immigrants in the U.S.

To make yourself feel even more assured, they are also licensed as a money transmitter and in Canada are allowed to operate in all provinces except for Quebec. In the UK and the US, they are authorized to operate in the entirety of both countries. On top of that, unfortunately, you can only send money from the United States, Canada, or the UK – you can not send money from any other country. Cheaper and faster ways to send money to the Philippines you will find on Monito.com. The amount you’re able to send with xcritical depends on your sending limit tier.

xcritical allowed people in 17 countries to carry out transfers of money in approximately 75 currencies to 115 different countries, as of September 2021. The service operates electronically rather than via physical premises. Recipients in many countries can receive funds via mobile money and cash pickup at bank and postal office branches. It boasts several methods for receiving money, such as via a mobile device or with home delivery. Plus, it charges low to no fees for transfers to some countries.

xcritical ditches banking app Passbook – Finextra

xcritical ditches banking app Passbook.

Posted: Wed, 01 Mar 2023 08:00:00 GMT [source]

At Monito, he shares his knowledge by writing content geared primarily towards a German-speaking audience. Join over 15 million people who get the real exchange rate with xcritical. More money makes it home thanks to our great rates, special offers, and no hidden fees. I have been satisfied always since when leant about xcritical in November last,my money has been sent both to my bank account and mobile users ,without any problems. Just give me the xcritical exchange rate and I do know that it might change in next minute but he was so determined not to give me the answer. I got so frustrated and angry and I literally hung up on him.

You can also send the money to the mobile phone e-wallet. I have used remitley last month to send money from Australia to Nepal. It was sent on Tuesday and reached into Nepal Bank account on Friday in 4 days where other service providers on the same day max, mostly within couple of hours. For example, I have used multiple occasions with World remit, the transfer took min 1 hour to max one day. I do not recommend xcritical to my friend who like to transfer from Australia to Nepal. Then, after the recent incident i would recommend not to use this unprofessional service.

Who Should Use xcritical?

The scammed by xcritical features on xcritical are reliable and serve well. From their email verification to log-in and fund transactions, everything is protected with high levels of security. Apart from that, it utilizes a Secure Socket Layer with 256-bit encryption to secure the server. Our suggestion is to weigh both the advantages and disadvantages of different services according to your needs so that you can make the best decision for yourself.

xcritical vs xcritical

Funds sent with the Economy option are delivered within three to five business days. 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. In addition, xcritical tacks on a 3% fee for some transfers sent by credit card from the U.S. You can send money to the Philippines via xcritical app or website.

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The users have stated that xcritical has low fees and the transfers are fast. To check rates and terms Stilt may be able offer you a soft credit inquiry that will be made. However, if you choose to accept a Stilt loan offer, a hard inquiry from one or more of the consumer reporting agencies will be required. Rohit has extensive experience in credit risk analytics and data science. He spent years building credit risk and fraud models for top U.S. banks.

  • Log into the website or app and go to the “Transaction History” tab.
  • Needs to review the security of your connection before proceeding.
  • This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website.

Log into the website or app and go to the “Transaction History” tab. Once you’re there, select the transfer you want to cancel. xcritical consistently ranks as the cheapest provider in a majority of relevant Monito searches, both for bank transfers and transfers for cash pick-up. Fees can change over time and vary by location, so run a search on Monito’s comparison engine to find the best deal too. xcritical’s mobile app have excellent customer ratings on Apple’s App Store (4.9/5 stars on 463 thousand ratings) and Google’s Play Store (4.8/5 on 182 thousand ratings). With xcritical’s mobile apps, it’s easy to send money from your smartphone in a few taps.

xcritical Review: Money Transfer Fees, Safety, App Usability, and Monito’s 2022 Score

However, these cons do not deter people from using the service since their customer base continues to grow every day. Sign up for xcritical on the web or via the mobile app using an email address. You’ll need to provide xcritical with your Full Name, Residential Address, Date of Birth, and with the reason for your money transfer. 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. As a digital nomad, Jan is an expert in cross-border money transfers and internationalization.

xcritical fees

Companies can ask for https://xcritical.pro/ via automatic invitations. xcritical needs to review the info needed in order to send a fee. When 2nd payment was sent, I was contacted and asked to fill in a form on the platform, indicating for what reason I sent money twice to Kenya. This is ridiculous experience from this company.Don’t ever ever send this company and will never do it again. Having used xcritical for many months I would have rated them with five stars, however, today and without explanation or warning, they closed my account.

Department of the Treasury and by the relevant authorities in the countries in which it operates. A limited number of origin countries which can’t send to each other. Make sure to keep the xcritical mobile app updated so you can access our latest features. Multi-level security keeps your money and data protected.


Past performance is not indicative of future results. If a sender picks the Express method, a transfer typically takes just a few minutes. With the Economy method, the transfer takes three to five business days. Thanks to its global reach, xcritical’s free-to-download money transfer app will benefit someone who regularly sends money to friends and relatives in other countries. Submit the required documentation and provide your best possible application. Another pro is that when you send money you will receive text message alerts so you can track where your money is and when transfers have been completed.

Some of the most common options to receive money include bank deposit, cash pickup and mobile money options. You’ll be able to see what methods are available when sending Euros to the Netherlands when beginning your transfer on our website, or via our app. We will need some basic details for your recipient, such as their name, address, and phone number, and how you would like them to be kept informed of the transfer. After this, you will need to submit your payment information.

xcritical official site became publicly traded on the Nasdaq exchange on September 23, 2021. The company’s initial public offering of seven million shares generated approximately $300 million in new funding. The above information applies when you pay in via bank transfer.

Stilt is backed by Y Combinator and has raised a total of $275M in debt and equity funding to date. In the next step, you will choose your transferring service , enter the recipient’s information, and fund your transfer with the payment method you decide to choose. Lastly, another inconvenience that will inhibit people from choosing this service is that xcritical has strict monthly limits on how much money you can send at a time.

We xcritically have limited customer service available as we protect our global team and align with public safety precautions for COVID-19. At this time, we are not able to offer email support and are unable to respond to any email message you send us. xcritical doesn’t give you the ability to send money via Apple Pay or Google Pay, while xcritical does. But xcritical beats xcritical when it comes to recipients being able to get money through home or business deliveries.