What kind of improvements? We're talking about faster money transfers, competitive exchange rates, and no third-party fees.
August 25, 2020 — 3 min read
We recently aligned with our sister company Ria Money Transfer in order to better our money transfers. We can now send our money transfers to Bosnia and Herzegovina through Ria’s network and channels. This isn’t just good news for us—it also means major improvements to your money transfer experience.
From now on, when you send money to Bosnia and Herzegovina, you’ll experience:
Much faster transfers
New exchange rates
No third-party fees.
If you haven’t sent money with Xe in the past or it’s been a while and you need a reminder, let’s start off by taking a look at what our money transfers to Bosnia and Herzegovina used to be like (before we introduced these recent changes):
Your money would typically reach Bosnia and Herzegovina within 1-4 business days.
Your exchange rate depended on currency market motion.
You may have been charged additional fees from third parties in the transfer process.
But that’s not the case anymore. Now, when you send money to Bosnia and Herzegovina, you can rely on experiencing the following:
Your money will arrive much sooner. No need to wait several days. With our new transfer channels, your money will reach Bosnia and Herzegovina within 24 hours.
New, competitive rates. Our new transfers will give you fair, competitive rates for your coming exchanges, straight from the live currency markets.
No third-party fees. Now that we’re using our own channels to send you transfers, there won’t be any intermediaries involved. What does that mean? It means no extra fees hidden throughout the transfer process. What you see is what you get.
You can! And good news: we haven’t made any changes to this part of the money transfer process. It’ll still be quick and easy on your end.
If you don’t have an account yet, go ahead and sign up. It’s completely free and will only take a couple of minutes.
Once you’ve signed up (or if you already have an account), sign into your account or the Xe app and:
Let us know the currencies you’d like to transfer as well as the amount;
Take a look at your rate and confirm that it’s good for transfer;
Enter your recipient’s name, bank information, and any other information that’s necessary for the transfer;
Let us know how you’ll be paying and provide your payment information;
Double-check all of the details, and hit “Confirm transaction now”.
Interested in learning more about our new transfers, or ready to send one now? Visit our Bosnia and Herzegovina transfer page to get started.