What is XTransfer? XTransfer Review, Features

XTransfer is a financial technology company that focuses on providing one-stop cross-border financial services to foreign trade companies. The company is headquartered in Shanghai and has branches in Hong Kong, Shenzhen, the United Kingdom, the United States, Canada, and Japan.

About XTransfer

As a leader in cross-border financial innovation, XTransfer fully leverages its advantages in information technology and relies on the financial network of traditional banks to help foreign trade companies greatly simplify transactions, reduce costs, enjoy financial services, and enhance global competitiveness.

Products and Services

1. Global payment accounts

• 0 account opening fee, 0 maintenance fee, 0 deposit fee: everything is free, no hidden fees.

• Opening an account in as fast as 1 working day: Submit basic enterprise materials and open an account on the same day at the earliest.

• Support multi-currency collection: support 14 mainstream currencies such as US dollar and British pound.

2. Local collection account

• Faster payment: Receive payment through the local clearing network and receive payment quickly.

• More trust: Buyers pay with their local bank, giving you more trust.

• More convenient for buyers: Buyers only need to pay in local currency, reducing transaction costs.

3. Multi-currency cash management solution

• Convert as you wish: Support online conversion of multiple mainstream currencies.

• Capital appreciation: Ensure the steady appreciation of your capital.

• Within reach: Enjoy bank VIP services with low threshold.

4. Cross-border supply chain capital supervision solutions

• Enabling innovation: Innovative services empower cross-border supply chains.

• Fully controllable: The flow of funds is fully controllable.

• Customized solutions tailored to your needs.

Company Qualifications

1. Regulatory compliance

With an international professional team, XTransfer has established and implemented strict internal control systems and processes. It conducts identity authentication and due diligence on customers in accordance with world-class compliance, anti-money laundering and anti-terrorist financing standards, and prevents all kinds of financial crimes through strict transaction monitoring measures.

2. Financial license

XTransfer has obtained the Hong Kong Money Service Operator license and the UK Authorized Payment Institution license, and has completed registration with FINCEN in the United States, FINTRAC in Canada, and AUSTRAC in Australia.

Safety

1. Fund security

XTransfer has adopted strict fund security measures to protect your funds, and its financial solutions have been inspected and approved by the cooperative banks and institutions. Customer funds are deposited in the reserve account of the cooperative bank, and the customer funds are exclusively managed and protected by the relevant national and regional regulatory agencies and banks.

2. Transaction security

All fund operations are strictly carried out in accordance with the instructions of the customer. No third party can operate your funds without your authorization and direct instructions. XTransfer's security protection will ensure the authenticity of your authorization, and any abnormal situation will be identified and blocked in time.

3. Privacy and security

Your information and privacy are protected by XTransfer's Privacy and Security Policy, and XTransfer strictly fulfills its responsibilities and obligations in accordance with the corresponding terms. XTransfer will never disclose your information to unrelated third parties without your authorization.

4. System security

All information is stored in XTransfer's secure servers, any data transmission is encrypted using the latest SSL technology, and access rights to data are subject to strict physical control.