Xoom Detailed Review

Rates, Fees, Limits, Safety and More

About Xoom

Xoom is an online international money transfer service. It offers a secure, fast, and inexpensive way to send money from its website to friends and family in various countries.

Recipients do not need a bank account or Internet connection to receive funds. Senders can fund their money transfer with a credit card, debit card or bank account. Xoom partners with select money transfer partners to provide a convenient, secure, and cost-effective means of sending money to family and friends abroad. Xoom constantly works to expand their money transfer services around the world.

Xoom Services

With Xoom, you can not only send money to friends and family, but do a lot more. Below is a list of all Xoom services at your disposal.

• Send money to a bank account, a debit card, or a mobile wallet
• Send cash for pick up at an agent location or for home delivery
• Pay bills overseas
• Top up mobile airtime on prepaid mobile phones

Benefits Of Sending Money Via Xoom / Why Choose Xoom?

Xoom is a PayPal service, and is thus backed by a well-known global payments brand. This makes Xoom fully secure and safe to send money abroad.

Below are some key reasons to choose Xoom for your next online money transfer.

• Transparent fees and pricing - Xoom shows you clearly how much money your recipient will get
• Money back guarantee if your funds do not reach your recipient's account
• Live status updates on your money transfer all the way from transaction initiation to clearing
• Secure transactions with safety and fraud monitoring
• Personal support and customer service when you need help or have questions

Which countries does Xoom support?

Xoom has a comprehensive network of partners all across the globe. This enables Xoom to send money transfers to about 170 countries worldwide.

Currently, Xoom supports the following sending or source countries and currencies.

• USD transfers from the US
• GBP transfers from the UK
• CAD transfers from Canada
• EUR transfers from various EU countries

How to use the Xoom mobile app to send money?

In addition to their website, Xoom also has mobile apps to help you to send money on the go. Below, we list the steps needed to use the Xoom mobile app for your money transfer needs.

• Download the Xoom mobile app from the App Store or Google Play.
• Install the app and create your account.
• With just a few clicks, add your recipient info and your bank account to start sending money overseas.

Additional Information

Legal and Regulatory Compliance

• Xoom is PayPal company, which is a licensed provider of money transfer services. As a money service business, PayPal is regulated directly by the federal government and by various U.S. state governments and agencies.
• In Europe, PayPal is licensed with Luxemburg's Commission de Surveillance du Secteur Financier, and authorized and regulated by the Financial Conduct Authority.

Helpful Links

• Xoom vs Remitly detailed comparison by RemitFinder