About
This app helps you find the best exchange rates and fees for international money transfers. It compares various providers to show you the actual rate after fees are applied, simplifying your decision-making process.
What's New in ExchangeRateIQ
1.0.2
December 29, 2017
This app has been updated by Apple to display the Apple Watch app icon. - UI Fixes - Added social sharing link - Fixes in push notification
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FAQ
How does ExchangeRateIQ calculate the realized exchange rate?
ExchangeRateIQ calculates the realized exchange rate by distributing the applicable fees across the total amount being sent. This provides a clear view of the actual currency rate you will receive after all costs are factored in, unlike raw exchange rates.
What information does ExchangeRateIQ provide about money transfer companies?
Beyond exchange rates and fees, ExchangeRateIQ offers details on pay-in and pay-out methods, transfer options, and transfer times for each provider. This comprehensive data helps users make informed decisions based on their specific needs.
Does ExchangeRateIQ support all major money transfer providers?
Yes, ExchangeRateIQ supports a wide range of major remittance providers including Xendpay, Western Union, Ria Money Transfer, MoneyGram, and many others. It also lists specific bank remittance services.
How many countries does ExchangeRateIQ support for money transfers?
ExchangeRateIQ currently supports sending money from over 40 countries, including the United States, Canada, Australia, and the UK. It allows transfers to more than 200 receiving countries worldwide.
Is ExchangeRateIQ safe to use for initiating transfers?
ExchangeRateIQ facilitates the process by opening the provider's website within the app, allowing you to safely log in with your credentials to complete the transfer. The app itself does not handle your login information directly.
How often are the exchange rates and fees updated on ExchangeRateIQ?
The app continuously searches for and updates current exchange rates and fees from available money transfer companies and banks. This ensures you are always viewing the most up-to-date information for competitive rates.
What devices is ExchangeRateIQ available on?
ExchangeRateIQ is available for iPhone and iPod devices. It is designed to be accessible on these Apple platforms for users on the go.
What is the age rating for ExchangeRateIQ?
ExchangeRateIQ has an age rating of 4+. This indicates it is suitable for users of all ages and does not contain content that would be considered inappropriate for younger audiences.





