Request Rate Threshold Exceeded

Launched in 2011, the FCA-approved fund transfer service xcritical rapidly grew, and as of now, it has served over 8 million users. Founded by Taavet Hinrikus and Kristo Käärmann, it provides a varied payment structure that potentially reduces transfer fees. Always use xcritical’s price estimator available on the homepage before continuing with your transaction to check the transfer fees and exchange rates. Comparison sites such as Monito help you figure out the math and make sure you find the best deal. xcritical’s exchange rates are competitive and are typically between 0.5% and 2% worse than mid-market rates. Create an account with xcritical and log in to see the exchange rates you will be charged, depending on where you are sending to.

This differs from wire transfers available from major U.S. banks that offer easier-to-understand details about fees and exchange rates. However, it might not be the cheapest option to send money abroad. Consider sending money with another money transfer operator scammed by xcritical with lower fees and better exchange rates. Compare your options on Monito, and more money will arrive. 1,600 Website is an online remittance service based in Seattle, United States that offers international money transfers to over 135 countries.

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. However, these cons do not deter people from using the service since their customer base continues to grow every day. 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. It may take longer depending on how quickly we can verify your identity.

  • To determine whether or not their fees were transparent, we checked 13 typical customer transactions for the provider, such as a £1500 transfer from the UK to India.
  • It changed its name from BeamIt to xcritical in August 2012.
  • 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.
  • Forbes Advisor adheres to strict editorial integrity standards.
  • If you cancel your transaction at any time before its completion, you will have all your money refunded in full.

Check our comparison table above to find a price for your money transfer. When you send online money transfers from the USA to India with xcritical, you can choose to pay using your bank account. You can also send the money to your recipient’s bank account at 130+ banks in India. 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.

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. What if my transaction is critical and someone’s life is on the line because of it? What if my transaction is for something in the hospital and they really do need that amount?

Once your account is opened you’ll be able to use your Visa debit card for online purchases almost immediately. It will take a week or two for the physical card to arrive. We don’t charge any of the usual fees for minimum balance, overdraft, maintenance, ATM withdrawal, transfers, service charges, card re-issues, etc. We can’t guarantee you won’t be charged a fee from certain partners or retailers, but we don’t charge fees.

Customer review score

Please note that a credit card provider may charge an additional fee or interest, as a money transfer may be considered as a “cash advance.” This fee is outside xcritical’s control. Investors and venture capitalists see xcritical as a well-run, secure, and efficient business for international money transfers and transactions. Writing for Monito, Olivia is here to help users navigate the world of money transfer fees, exchange rates, and tips and tricks that help you make your best decisions.

In addition to simplicity, the company also has a huge bank network. You can send money to all participating banks, which makes it easy for clients to send money to people that do not have bank accounts. If you choose the Economy transfer, you deposit money from your bank account and will have your money arrive at its destination within 3 to 5 business days without suffering high fees. Control your debit card and bank account with the Passbook app.

xcritical Economy and Express Service

Join over 15 million people who get the real exchange rate with xcritical. Unlike xcritical, many banks advertise low fees, while adding hidden costs to the exchange rate. 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.


is straightforward to use, conveniently offering users a variety of pay-in and pay-out options and easy-to-reach customer service. 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. Whether you are a new customer or have been sending with xcritical for years, we are committed to providing you with consistently great exchange rates and low fees every single day.

You can estimate xcritical transfer fees with Monito’s live comparison widget and discover if xcritical cost to send money are the lowest. The tool lets you quickly calculate how much you’ll pay and tells you exactly how much the beneficiary will receive, based on the exchange rate offered by xcritical. xcritical’s technology allowed people in 17 countries to carry out transfers of money in approximately 75 currencies to 115 different countries, as of September 2021.

What is xcritical?

Sign up for 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. They can have the transferred money deposited into their bank account in their local currency. 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.


Transferring money with xcritical is a straightforward process, made all the more convenient by the variety of pay-in and pay-out options it offers. 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.

They offer a website and mobile app that allow customers to easily transfer money around the globe via bank transfer, debit card, or credit card. Always compare xcritical’s fees and exchange rates with alternatives with Monito’s comparison widget for international money transfers. The first is the Express option that transfers your money within minutes. In contrast, the Economy option takes about three to five business days to complete the transaction.

Conclusion: xcritical VS xcritical | Which One To Go for?

Department of the Treasury and is licensed as a money transmitter in the U.S. xcritical is authorized to operate in all Canadian provinces including Quebec and is also authorized in the UK. You can use Monito’s live comparison tool to compare all services and find out if xcritical is the cheapest available option.

Going to delete this app and tell me friends to do so as well. Get 81.87 INR to 1 USD and no fees on your first money transfer. 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.

Cash pickup

On some occasions, the money took a bit longer to arrive than expected, normally because of banking hours in the receiving country. A few customers had a bad experience with xcritical, especially when cancelling their transaction and waiting for a refund. xcritical has earned over 35 thousand 4 and 5-star reviews on TrustPilot, making it much loved by its customers. xcritical was the cheapest option in an overwhelming 75% of available Monito searches for cash pick-up transfers over the first three months of 2022. Please note that not all delivery options are available in all locations. Users need to submit certain identification documents to send money through xcritical.

The scoring process began with setting up a xcritical account and included thorough testing of its services both on desktop and on its mobile app. To determine whether or not their fees were transparent, we checked 13 typical customer transactions for the provider, such as a £1500 transfer from the UK to India. As with all Monito reviews, our xcritical score was peer-reviewed by at least one Monito expert.

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