XTransfer

What is XTransfer?

XTransfer is a fintech platform founded in 2017 that specializes in providing small and medium-sized enterprises (SMEs) with comprehensive cross-border financial services. It offers multi-currency business accounts, global payment and collection solutions, and advanced risk management powered by AI and cloud technology. By partnering with top-tier global banks and leveraging automated anti-money laundering systems, XTransfer simplifies international payments, reduces costs, and enhances compliance for SMEs worldwide. It supports transactions in over 200 countries and 15+ currencies, making global trade more accessible and efficient.

Key Features

• Multi-Currency Business Accounts

  Access to business wallets supporting over 15 currencies and coverage in more than 200 countries, with zero account opening and maintenance fees.

• Fast and Secure Cross-Border Payments

  24/7 instant payments between XTransfer accounts with no fees, and compliant, stable payment processing to suppliers in China and globally.

• Competitive Foreign Exchange Services

  Real-time currency exchange at market-leading rates available 24/7, including forward contracts and limit orders to manage FX risks.

• Advanced Risk and Compliance Management

  AI-driven anti-money laundering and fraud detection infrastructure integrated with global banking partners to ensure secure and compliant transactions.

• Global Collection and Local Receiving Accounts

  Receive payments locally in multiple currencies via unique account details, reducing costs and complexity of international collections.

• Seamless Online Account Management

  Streamlined online registration, verification, and account management without paperwork, enabling businesses to operate globally with ease.

Use Cases

• SME Cross-Border Trade Payments : Small and medium enterprises can efficiently pay suppliers and receive payments internationally with reduced fees and faster settlement.
• Currency Risk Management : Businesses can mitigate foreign exchange risks through real-time FX rates, forward contracts, and limit orders on a single platform.
• Global Business Account Management : Finance teams can manage multi-currency accounts and transactions across countries without the hassle of multiple banks.
• Compliant Payments to China : Facilitates secure and regulatory-compliant payments to Chinese suppliers, solving common issues like account freezes and delays.
• Cross-Border Collection Solutions : Companies can receive local payments from global customers, minimizing intermediary fees and accelerating cash flow.

FAQs