Seems as Xendpay bit the dust

[Dario]

Yesterday  Monday, NOV 28 I wasn't able to access Xendpay, in fact, the whole day long. This morning the same. When I delved in more I got this message: 

 

Dear visitor.

Xendpay Limited are currently not accepting new customers or accepting new funds. 

We are also currently not able to return customer funds with Xendpay Limited. We will continue to keep customers updated.

 

Well, that's disappointing. I have been a customer of Xendpay for many years.

 

 

[worrab]

Rational FX have sent out the same!!

[Dario]

2 minutes ago, worrab said:

Rational FX have sent out the same!!

 

They are the same company.

[Jenkins9039]

If based out of EUROPE/UK likely Money Laundering Investigations.

[Chalong circle]

Look like they stop everything. Not good feeling at all...

[Dario]

The problem is that Wise also starts to screen customers in Thailand and don't accept their selfies with passport. So, which company now to take for Euro transfers to Thailand?

[Stanton681]

18 hours ago, Jenkins9039 said:

If based out of EUROPE/UK likely Money Laundering Investigations.

More likely dodgy finances.

[Dario]

I just read an article in the Financial Conduct Authority. They state that Rational Foreign Exchange Ltd. (Xendpay)  has entered special administration. The directors of the firm concluded that the firm was insolvent and applied to court for a special administration order. In other words: Xendpay will not return. They are insolvent.

 

Now I have to find another way to transfer my pension from Europe every month.

Edited December 1, 2023 by Dario