XE Trade - Frequently Asked Questions
Processing time depends on how you send us the funds to be converted, as well as how you select to have the converted funds delivered. Common time ranges are given in the table below.
How you send us the funds to be converted
How the converted funds are delivered by us
|Total Processing Time
|Wire||Wire ²||1-5 business days|
|Wire ¹ ²||
|3-6 business days|
|Wire ¹ ²||Draft||4-9 business days (Canada/USA) 8-16 business days (elsewhere)|
|EFT (Canada/USA) ³||Wire ²||3-7 business days|
|EFT (Canada/USA) ³||
|4-7 business days|
|EFT (Canada/USA) ³||Draft||6-10 business days (Canada/USA) 9-17 business days (elsewhere)|
IMPORTANT - Possible Delaying Factors
The total processing times listed above cover what normally happens, but exceptions can occur from time to time. All foreign exchange transactions involve banks, regardless of provider, and the duration depends upon how efficient those banks are.
Note that the absolute fastest way to send a payment is "Wire to Wire". This means that you select to send us the funds to be converted by Wire Transfer, and select to have the converted funds be delivered by Wire Transfer as well.