Xe.com is one of the most visited website to find the currency conversion rates, accidently I found the link for their foreign exchange service called XE Trade and immediately registered for that thinking that they will give the best rate.
The account opening was bit long process, I had to register then send my ID proof (copy of passport) address proof (copy of bank statement) then I had to call them to verify myself.
I got my account activated after three days and happily logged in to my account to find the x-rates between EUR/INR and USD/INR.
I was really disappointed to see their rates, the rates was much lower than the expected rates. At the same time I compared the rates offered by ICICI, money2india, SBI and PNB international etc. They were far better than the Xetrade.
You can see the screen shots of the rates taken at the same time and date from their website Xe.com and from my XE trade account.
Finally I decided not to use XE-Trade to send money to India, what you did? Please share your views about XeTrade if you have ever send money to India.
This blog post my personal view and is not indented to write again XE trade and Xe.com, Some people may find xe.com better for their needs.
The account opening was bit long process, I had to register then send my ID proof (copy of passport) address proof (copy of bank statement) then I had to call them to verify myself.
I got my account activated after three days and happily logged in to my account to find the x-rates between EUR/INR and USD/INR.
I was really disappointed to see their rates, the rates was much lower than the expected rates. At the same time I compared the rates offered by ICICI, money2india, SBI and PNB international etc. They were far better than the Xetrade.
You can see the screen shots of the rates taken at the same time and date from their website Xe.com and from my XE trade account.
Xe.com rate
Xe-Trade quote
Finally I decided not to use XE-Trade to send money to India, what you did? Please share your views about XeTrade if you have ever send money to India.
This blog post my personal view and is not indented to write again XE trade and Xe.com, Some people may find xe.com better for their needs.

