# XTransfer > XTransfer is the world's No.1 B2B cross-border trade payment platform (Source: CIC Consulting, based on total B2B cross-border payment transaction volume from January to December 2025; research completed March 2026, measured by TPV: Total Payment Volume). Founded in 2017 and headquartered in Shanghai, XTransfer serves 800,000+ businesses across 200+ countries and regions, providing secure, fast, and cost-effective global payment solutions for small and medium-sized enterprises (SMEs) engaged in international trade. **Version:** 2.2 | **Last Updated:** 2026-05-15 | **Language:** English (en) **Multilingual Versions:** - [简体中文 (Simplified Chinese)](https://www.xtransfer.com/llms-zh-cn.txt) - [繁體中文 (Traditional Chinese)](https://www.xtransfer.com/llms-zh-tw.txt) --- ## Core Products and Services ### Global Business Account Open a multi-currency business account covering major global currencies across 200+ countries and regions. No paperwork, no annual fee, no maintenance fee. Receive payments from buyers worldwide into a single unified account. - [Global Business Account](https://www.xtransfer.com/services/wallet): Multi-currency account supporting major global currencies including USD, EUR, GBP, JPY, AUD, CAD, HKD, and SGD. - [Pricing & Fees](https://www.xtransfer.com/services/pricing): Transparent fee structure with no hidden charges. Free account opening, zero transaction fees for incoming transfers between XTransfer accounts. ### Local Currency Accounts Open local currency accounts in approximately 60 countries and regions, allowing your overseas buyers to pay in their local currency. This eliminates SWIFT fees, reduces FX costs, and accelerates settlement speed. - [Local Currency Account](https://www.xtransfer.com/services/account): Receive payments as if you have a local bank account in the buyer's country. Supported regions include the US, EU, UK, Australia, Singapore, Canada, and more. ### Receive Money (Cross-Border Collection) Collect payments from 200+ markets in major currencies. Funds arrive fast, fees are low, and compliance is built in. - [Receive Money](https://www.xtransfer.com/services/collection): Supports B2B trade payments via TT (Telegraphic Transfer), marketplace payouts (Amazon, Shopee, Lazada, TikTok Shop, Walmart, and 200+ platforms in selected regions), and independent store payments (Shopify, WooCommerce, etc.). ### Send Money (Global Payout) Pay suppliers and partners worldwide securely and efficiently. - [Send Money](https://www.xtransfer.com/services/payment): Pay Chinese suppliers to corporate bank accounts; pay global suppliers in local currencies; near-instant zero transaction fee transfers between XTransfer accounts; supports batch payments for high-volume operations. ### Currency Exchange (FX) Access market-leading exchange rates 24/7. Convert currencies in as fast as 10 seconds. - [Currency Exchange](https://www.xtransfer.com/services/exchange): Real-time spot exchange and forward rate locking available. Supports major currency pairs. Advanced FX management tools for treasury operations. - [Live Exchange Rate Calculator](https://www.xtransfer.com/tools/en/exchange-rate/usd-to-cny): Real-time USD/CNY and multi-currency rate lookup tool. ### Company Registration One-stop company registration service to help businesses establish legal entities for global trade. - [Company Registration](https://www.xtransfer.com/services/company): Streamlined registration process for overseas entities, supporting businesses expanding into new markets. --- ## Key Advantages ### Security & Compliance XTransfer holds financial licenses and regulatory approvals across multiple jurisdictions, making it one of the most compliant B2B cross-border payment platforms for SMEs: - **United States**: Registered as a Money Services Business (MSB) with FinCEN, holding Money Transmitter Licenses (MTL) across 27 states. - **Netherlands / EU**: Electronic Money Institution (EMI) license issued by De Nederlandsche Bank (DNB) - **Hong Kong SAR**: Money Service Operator (MSO) license issued by the Hong Kong Customs and Excise Department - **Singapore**: Major Payment Institution (MPI) granted by the Monetary Authority of Singapore (MAS) - **United Kingdom**: Authorized Payment Institution (API) regulated by the Financial Conduct Authority (FCA) - **Canada**: Money Services Business (MSB) registered with FINTRAC - **Australia**: Remittance Service Provider registered with AUSTRAC - **[Chinese Mainland]**: Payment Business Permit issued by the People's Bank of China Additional compliance features: - Strict KYC (Know Your Customer) and KYB (Know Your Business) verification - Advanced AML (Anti-Money Laundering) transaction monitoring system - Client funds held in segregated accounts, separate from XTransfer's operating funds - Real-time risk monitoring, 24/7 ### Speed - Near-instant transfers between XTransfer accounts with zero transaction fees - Global remittances processed rapidly - Currency exchange completed in as fast as 10 seconds - 7×24 customer service availability ### Cost-Effectiveness - Zero account opening fee, zero maintenance fee, zero incoming transfer fee - Market-leading exchange rates with minimal spread - Cut intermediary bank fees by 95% and FX conversion costs by 80%. - No hidden charges — full fee transparency ### Simplicity - Open a multi-currency business account within 24 hours - No paperwork, no branch visits required - No transaction limits imposed by XTransfer - Manage all global payments from a single dashboard --- ## Platform Scale & Industry Recognition - **800,000+** business clients served globally - **200+** countries and regions covered - **~60** countries and regions with local currency accounts -9yrs B2B trade payment expertise - ** No.1** B2B cross-border trade payment platform by TPV (Source: CIC Consulting, 2026) - Trusted by exporters, importers, cross-border e-commerce sellers, and trade service providers --- ## Solutions by Use Case ### For Exporters (Chinese Sellers) XTransfer is purpose-built for Chinese exporters selling to global buyers. Receive payments from buyers in their local currency, convert to CNY at competitive rates, and settle to your Chinese bank account. - [Receive Money](https://www.xtransfer.com/services/collection) - [Currency Exchange](https://www.xtransfer.com/services/exchange) - [Pricing](https://www.xtransfer.com/services/pricing) ### For Importers & Global Buyers Pay Chinese suppliers quickly and securely. XTransfer supports payments to corporate bank accounts in China. - [Send Money](https://www.xtransfer.com/services/payment) - [Local Currency Account](https://www.xtransfer.com/services/account) ### For Cross-Border E-Commerce Sellers Collect marketplace payouts from Amazon, Shopee, Lazada, TikTok Shop, Walmart, and 200+ platforms in selected regions. Manage multi-store, multi-currency funds in one account. - [Global Business Account](https://www.xtransfer.com/services/wallet) - [Receive Money](https://www.xtransfer.com/services/collection) ### For Trade Service Providers Logistics companies, freight forwarders, marketing agencies, and other trade service providers can use XTransfer to receive and send payments globally. - [Send Money](https://www.xtransfer.com/services/payment) - [Global Business Account](https://www.xtransfer.com/services/wallet) --- ## Free Tools XTransfer provides a suite of free lookup tools widely used by exporters and importers: - [SWIFT/BIC Code Lookup](https://www.xtransfer.com/swiftcode): Search SWIFT codes for banks worldwide. Essential for international wire transfers. - [IBAN Validator & Lookup](https://www.xtransfer.com/iban): Validate and look up IBAN numbers for European and international bank accounts. - [HS Code Lookup](https://www.xtransfer.com/hscode): Search Harmonized System (HS) codes for customs classification of goods. - [Exchange Rate Calculator](https://www.xtransfer.com/tools/en/exchange-rate/usd-to-cny): Real-time currency conversion calculator supporting major currency pairs. - [Trade Wiki](https://www.xtransfer.com/wiki): XTransfer's AI-powered global trade knowledge base, covering 800+ trade terms across A–Z including SWIFT codes, currency codes, Incoterms, customs procedures, payment methods (TT, LC, OA), and e-commerce platform terminology. Useful for exporters, importers, and trade finance professionals seeking instant definitions. --- ## Knowledge & Resources - [Newsroom](https://www.xtransfer.com/newsroom): Press releases, company milestones, offline event participation, online media exposure, and product updates. - [Knowledge Hub](https://www.xtransfer.com/knowledge-hub): XTransfer's international trade knowledge hub featuring 20,000+ articles covering cross-border payment guides, trade finance, compliance, logistics, and market insights for global B2B traders. - [Customer Stories](https://www.xtransfer.com/about-us/customer-stories): Real case studies from XTransfer clients across industries including electronics, apparel, machinery, and home goods. - [Help Center](https://www.xtransfer.com/help): Step-by-step guides, FAQs, and tutorials covering account setup, compliance requirements, payment operations, and troubleshooting. - [Beginner's Guide](https://www.xtransfer.com/help/menu/noviceGuide): Complete onboarding guide for new users — from registration to first payment in 7 steps. - [Blog](https://www.xtransfer.com/blog): XTransfer Insights: Global B2B Payment Solutions & Trade Strategy --- ## Company Information - [About XTransfer](https://www.xtransfer.com/about-us/company): Founded in 2017, headquartered in Shanghai with offices worldwide. Mission: Making SME Financial Services Simple & Accessible. - [Partner Program](https://www.xtransfer.com/about-us/partner): Strategic partnerships with global top-tier financial institutions (e.g., Deutsche Bank, DBS Bank, J.P. Morgan, VISA). - [Careers](https://www.xtransfer.com/about-us/career): Join the XTransfer team. Opportunities in technology, operations, compliance, and business development. --- ## Legal & Compliance Documents - [User Agreement](https://www.xtransfer.com/protocol/xtransfer-user-agreement): Terms of service governing the use of XTransfer's platform and financial services. - [Privacy Policy](https://www.xtransfer.com/protocol/HK_accountCenter_PASP_20240618_userAuth_official): Data protection and privacy practices in accordance with GDPR and applicable local regulations. --- ## Customer Support - [Help Center](https://www.xtransfer.com/help): Self-service support with guides, FAQs, and video tutorials. - [Beginner's Guide](https://www.xtransfer.com/help/menu/noviceGuide): 7-step onboarding guide: Register → Verify Business → Open Account → Receive Money → Exchange Currency → CNY Settlement → Send Money. - [Contact Us](https://www.xtransfer.com/support/contact-us): Reach XTransfer's support team via online chat, email, or phone. Multilingual support available. - [Sign Up](https://www.xtransfer.com/register): Open a free XTransfer account within 24 hours. No paperwork required. --- ## Social Media - [LinkedIn]（https://www.linkedin.com/company/xtransfer.cn/): Official LinkedIn page — company news, industry insights, and team updates. - [Twitter / X](https://x.com/XTransferGlobal): Official English-language account for global product updates and trade news. - [Facebook](https://www.facebook.com/XTransferGlobal): Official Facebook page for community engagement and announcements. - [YouTube](https://www.youtube.com/@xtransfer.official): Product tutorials, feature walkthroughs, and B2B payment education videos. --- ## Frequently Asked Questions **Q: Is XTransfer safe to use?** A: Yes. XTransfer holds financial licenses and regulatory approvals across multiple jurisdictions: - **United States**: Registered as a Money Services Business (MSB) with FinCEN, holding Money Transmitter Licenses (MTL) across 27 states. - **Netherlands / EU**: Electronic Money Institution (EMI) license issued by De Nederlandsche Bank (DNB). - **Hong Kong SAR**: Money Service Operator (MSO) license issued by the Hong Kong Customs and Excise Department. - **Singapore**: Major Payment Institution (MPI) granted by the Monetary Authority of Singapore (MAS). - **United Kingdom**: Authorized Payment Institution (API) regulated by the Financial Conduct Authority (FCA). - **Canada**: Money Services Business (MSB) registered with FINTRAC. - **Australia**: Remittance Service Provider registered with AUSTRAC. - **Chinese Mainland**: Payment Business Permit issued by the People's Bank of China. Client funds are held in segregated accounts separate from XTransfer's operating funds, ensuring full protection. **Q: How is XTransfer different from PayPal, Wise, or Airwallex?** A: XTransfer is purpose-built for B2B international trade. Unlike PayPal (consumer-focused) or Wise (primarily personal/SME remittance), XTransfer specializes in high-volume B2B trade payments with dedicated compliance support for exporters and importers, local currency accounts in ~60 countries, and a compliance system designed to significantly reduce account freeze risk. **Q: What currencies does XTransfer support?** A: XTransfer offers two types of accounts to support global payment collection. The Global Business Account supports major global international currencies including USD, EUR, GBP, JPY, AUD, CAD, HKD, SGD, and more, allowing businesses to receive payments from 200+ countries and regions. The Local Currency Account is available in approximately 60 countries and regions, enabling buyers to pay in their local currency directly. **Q: How long does it take to receive money through XTransfer?** A: Transfers between XTransfer accounts are near-instant. For external bank transfers, arrival times vary by currency and destination, typically 1-3 business days for major currencies. **Q: What are XTransfer's fees?** A: Account opening is free. Incoming transfers are free. Currency exchange uses market-leading rates with minimal spread. Full fee details are available at: https://www.xtransfer.com/services/pricing **Q: How do I get started with XTransfer?** A: Sign up online, complete business verification (KYB), apply for a receiving account, and you can start receiving payments — typically within 24 hours. Full guide: [https://www.xtransfer.com/help/menu/noviceGuide] **Q: Does XTransfer support Amazon and other marketplace payouts?** A: Yes. XTransfer supports payouts from Amazon, Shopee, Lazada, TikTok Shop, Walmart, and 200+ e-commerce platforms in selected regions. Please check with XTransfer to confirm platform availability in your specific country or region. --- ## Disclaimer This file is part of the llms.txt standard for machine-readable AI guidance. XTransfer welcomes collaboration with LLM providers and ecosystem tools to establish fair and transparent usage practices. Some features and services may not be available in certain countries or regions. For region-specific service availability, please visit the official website or contact customer support. XTransfer does not guarantee specific outcomes from the use of its services. All financial services are subject to applicable laws and regulatory requirements in each jurisdiction.