Xoom is a PayPal firm that provides international payments that may be deposited immediately into the bank account of the recipient1.
In addition, they provide cash pick-up and home delivery services in over 70 countries.
You may use their website or the Xoom money transfer app to set up your transfers.
Aside from Xoom’s benefits and drawbacks, you’ll learn more about how to get money from Xoom, what it costs, and whether or not Wise is a better option for you.
Xoom Overview:
Our discussion of Xoom fees and monthly restrictions will begin in a bit; we’ll get to those topics in a second. First, here are a few significant advantages and disadvantages.
How To Xoom Login?
How Does Xoom Work?
Due to Xoom’s affiliation with PayPal, you don’t need to sign up for an account before using the service to make payments.
You’ll be able to use Xoom through your PayPal account or the Xoom website and app to make transactions wherever you are.
- Make a payment by logging into your account and selecting the option to do so. In order to make a direct transfer, you’ll need to provide the recipient’s name and bank account information.
- Once you’ve checked that you’re OK with the costs and exchange rate, proceed to make the payment.
- Confirm your preferred method of payment. You can use a linked bank account, credit or debit card, PayPal balance, or any other linked PayPal payment source as a payment source for your Xoom account.
Tracking your payment using an app or the website will allow you to know when it’s received.
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How Does Xoom Cash Pickup Work?
Your receiver may be given the option of picking up their funds in cash at a nearby agency, depending on the nation to where you are sending money.
The recipient’s entire name as it appears on their government-issued ID document will be required when you set up the payment in this scenario.
Using Xoom’s agent network, you can choose an agent that is convenient for the receiver, and they can just walk in with their ID to retrieve their money.
Where Is Xoom Available?
Xoom lets you transmit money to more than 140 countries1. Listed here are a few of the countries from where you can transfer funds.
- Australia
- Canada
- China
- France
- Germany
- Hong Kong
- India
- Ireland
- Italy
- Japan
- Mexico
- New Zealand
- Singapore
- South Africa
- United Kingdom
Xoom Money Transfer Review
It is possible to send money internationally using Xoom to more than 140 countries, and a wide range of alternatives is available to do so. These include direct bank deposits, cash pickup or delivery, and airtime top-up.
As a result, certain services aren’t available in all countries where they are offered. Be careful to shop around before committing to Xoom to ensure you’re getting the best pricing.
Xoom Money Transfer Fees and Limits
The following variables influence Xoom’s fees for money transfers:
- Transaction type
- Your payment method and what currency you pay with
- The amount of the transaction
- Which country the transaction is going to
- Which currency do you select for the other person to receive
There may be an additional cost if you pay for your transfer using a credit card, so it’s important to know that. Before you complete your Xoom payment, you’ll see the fees and currency rates that apply.
Additionally, Xoom has restrictions on the amount of money you may transfer every day; month; or 180 days dependent on your account level and the method of payment you use, respectively. These are the four from the United States:
Bank deposit maximums
| Account Level | Daily Limit | Monthly limit | 6 Month Limit |
|---|---|---|---|
| 1 | 2,999 USD | 6,000 USD | 9,999 USD |
| 2 | 10,000 USD | 20,000 USD | 30,000 USD |
| 3 | 50,000 USD | 60,000 USD | 100,000 USD |
Cash pickup maximums
| Account Level | Daily Limit | Monthly limit | 6 Month Limit |
|---|---|---|---|
| 1 | 2,999 USD | 6,000 USD | 9,999 USD |
| 2 | 10,000 USD | 20,000 USD | 30,000 USD |
| 3 | 10,000 USD | 20,000 USD | 50,000 USD |
Xoom Money Transfer Time
In most cases, money is received within minutes, according to Xoom’s claims. However, depending on the type of payment, the final destination, and the verification procedures, some transactions may take several days to complete.
There are two ways to keep tabs on your Xoom money: via an app or website.
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Is Xoom Safe to Use?
Yes. PayPal, one of the world’s largest money transfer companies, owns Xoom.
As digital technology firms, PayPal and Xoom use cutting-edge security technologies to protect your money. PayPal is authorized and regulated in the United States and other countries.
Ways to Transfer Your Money with Xoom
In order to send money using Xoom, you have a few different choices—and you can also select how your receiver will get the payment6.
| Ways to send money | Ways to receive money |
|---|---|
| Send money online using your credit or debit card | Direct deposit into your recipient’s bank account |
| Send money online using a bank transfer | Have your recipient collect the payment in local cash from an agent near to them |
| Send money using your PayPal account | Home delivery service — available in some countries |
| Send money using any payment method linked to your PayPal account | Send money for airtime top-up — available in some countries |
Xoom Customer Service Experience
Xoom’s customer service representatives may be reached by phone in English, Spanish, or Filipino:
Alternatively, you may email a query if that’s what you require. On the website, there is a big FAQ section that may answer all of your questions7.
Checking through Trustpilot’s most recent Xoom customer reviews is a wonderful method to learn about their overall satisfaction with the company.
In order to produce a dynamic rating, Trustpilot gathers genuine consumer reviews from all around the world and analyses them.
Xoom now has a Trustpilot rating of 3.6 stars out of 5 — which is considered average. To learn more, see the following link to the original source. ⁸
Sending money across the world has never been easier, but Xoom’s price structure is complicated and includes fees that are built into the exchange rate.
In order to save money on your transfer, be sure to calculate the true cost of the move before making a final decision.
See whether you can save money by using Wise instead of Xoom for the same money transfer.
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