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Xoom Reviewed

We take a look at the Xoom service and check how good their exchange rates are.

#Reviews #FinTech #USD
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Xoom is an online international money transfer service that offers a secure and fast way to send money from either bank account or credit card from their website to friends and family.

Exchange Rates 0
Customer Service 0
Ease of Use 0

Xoom Cheap Transfers

Visit Xoom and Save

With the Xoom bank deposit service, consumers can send money directly to bank accounts in Argentina, Australia, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Honduras, India, Ireland, Italy, Jamaica, Mexico, Netherlands, Nicaragua, Panama, Peru, the Philippines, Poland, Spain, the United Kingdom, Uruguay and Vietnam.

Xoom offers cash pickup service to the following countries (number of locations as of 1/3/2013): Argentina (68), Bolivia (333), Brazil (3,798), Chile, (172), Colombia (981), Costa Rica (87), Dominican Republic (367), Ecuador (989), El Salvador (895), Guatemala (2,101), Honduras (692), Jamaica (494), Mexico (15,374), Nicaragua (150), Panama (18), Peru (1,073), Philippines (10,951), and Uruguay (279).

Home delivery services are offered to the Dominican Republic and the Philippines.

Consumers pay for Xoom money transfers using funds from their U.S. bank account, credit card, or debit card. The money transfers are paid out in either U.S. dollars or in local currency.

Xoom Foreign Transfer Rates - Compared

The below live Foreign Transfer comparison tables shows how much you could save on your next foreign transfer by using a broker such as Xoom. Note the margins are compared to the current mid-rate. You can change the currencies and send or receive amount with our full Foreign Transfer calculator.

 
  

USD to MXN International Money Transfers

   Xoom Xoom logo

Foreign Transfer Provider Receive MXN(Mex$) Exchange RateFee USDDeal Links
Xoom logo
Mex$22,577
4.87%
Compare
22.694.99
HSBC logo
Mex$22,706
4.32%
Mex$129 more
22.74U$1.5
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
Mex$22,436
5.46%
Mex$141 less
22.715
U.S. Bank International Money Transfers
U.S. Bank logo
Mex$22,378
5.71%
Mex$199 less
22.65U$12
Wells Fargo Bank logo
Mex$22,350
5.82%
Mex$227 less
22.7618
Bank of America International Money Transfers
Bank of America logo
Mex$22,310
5.99%
Mex$267 less
22.65U$15
 
Xoom: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:4.99
Exchange Rate:22.69 (4.39% from mid-rate)
To Amount (MXN) Mex$22,577
Total Cost:4.87%
Time:0:45 Local
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:U$1.5 USD (.15%)
Exchange Rate:22.74 (4.18% from mid-rate)
To Amount (MXN) Mex$22,706
Total Cost:4.32%
Difference:
Mex$129 MXN more than using Xoom
Time:0:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:15
Exchange Rate:22.6 (4.77% from mid-rate)
To Amount (MXN) Mex$22,436
Total Cost:5.46%
Difference:
Mex$141 MXN less than using Xoom
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:U$12 USD (Minimum fee)
Exchange Rate:22.65 (4.56% from mid-rate)
To Amount (MXN) Mex$22,378
Total Cost:5.71%
Difference:
Mex$199 MXN less than using Xoom
Time:0:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:18
Exchange Rate:22.76 (4.1% from mid-rate)
To Amount (MXN) Mex$22,350
Total Cost:5.82%
Difference:
Mex$227 MXN less than using Xoom
Time:0:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of America logo
Bank of America: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:22.65 (4.56% from mid-rate)
To Amount (MXN) Mex$22,310
Total Cost:5.99%
Difference:
Mex$267 MXN less than using Xoom
Time:0:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 
  

USD to CAD International Money Transfers

   Xoom Xoom logo

Foreign Transfer Provider Receive CAD(C$) Exchange RateFee USDDeal Links
Xoom logo
C$1,337.79
4.46%
Compare
1.34454.99
HSBC logo
C$1,345.18
3.93%
C$7.39 more
1.3472U$1.5
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
C$1,329
5.07%
C$8.79 less
1.344815
U.S. Bank International Money Transfers
U.S. Bank logo
C$1,325.6
5.33%
C$12 less
1.3417U$12
Wells Fargo Bank logo
C$1,324.33
5.42%
C$13 less
1.348618
Bank of America International Money Transfers
Bank of America logo
C$1,321.57
5.62%
C$16 less
1.3417U$15
 
Xoom: Foreign Transfer USD→CAD
From Amount (USD)U$1,000
Fee:4.99
Exchange Rate:1.3445 (3.98% from mid-rate)
To Amount (CAD) C$1,337.79
Total Cost:4.46%
Time:0:46 Local
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→CAD
From Amount (USD)U$1,000
Fee:U$1.5 USD (.15%)
Exchange Rate:1.3472 (3.79% from mid-rate)
To Amount (CAD) C$1,345.18
Total Cost:3.93%
Difference:
C$7.39 CAD more than using Xoom
Time:0:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→CAD
From Amount (USD)U$1,000
Fee:15
Exchange Rate:1.3389 (4.38% from mid-rate)
To Amount (CAD) C$1,329
Total Cost:5.07%
Difference:
C$8.79 CAD less than using Xoom
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→CAD
From Amount (USD)U$1,000
Fee:U$12 USD (Minimum fee)
Exchange Rate:1.3417 (4.18% from mid-rate)
To Amount (CAD) C$1,325.6
Total Cost:5.33%
Difference:
C$12 CAD less than using Xoom
Time:0:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→CAD
From Amount (USD)U$1,000
Fee:18
Exchange Rate:1.3486 (3.69% from mid-rate)
To Amount (CAD) C$1,324.33
Total Cost:5.42%
Difference:
C$13 CAD less than using Xoom
Time:0:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of America logo
Bank of America: Foreign Transfer USD→CAD
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:1.3417 (4.18% from mid-rate)
To Amount (CAD) C$1,321.57
Total Cost:5.62%
Difference:
C$16 CAD less than using Xoom
Time:0:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 
  

USD to INR International Money Transfers

   Xoom Xoom logo

Foreign Transfer Provider Receive INR(₹) Exchange RateFee USDDeal Links
Xoom logo
72,158
4.97%
Compare
72.524.99
HSBC logo
72,561
4.44%
₹403 more
72.67U$1.5
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
71,695
5.58%
₹463 less
72.5415
U.S. Bank International Money Transfers
U.S. Bank logo
71,502
5.83%
₹656 less
72.37U$12
Wells Fargo Bank logo
71,431
5.93%
₹727 less
72.7418
Bank of America International Money Transfers
Bank of America logo
71,284
6.12%
₹874 less
72.37U$15
 
Xoom: Foreign Transfer USD→INR
From Amount (USD)U$1,000
Fee:4.99
Exchange Rate:72.52 (4.49% from mid-rate)
To Amount (INR)72,158
Total Cost:4.97%
Time:0:46 Local
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→INR
From Amount (USD)U$1,000
Fee:U$1.5 USD (.15%)
Exchange Rate:72.67 (4.29% from mid-rate)
To Amount (INR)72,561
Total Cost:4.44%
Difference:
₹403 INR more than using Xoom
Time:0:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→INR
From Amount (USD)U$1,000
Fee:15
Exchange Rate:72.22 (4.89% from mid-rate)
To Amount (INR)71,695
Total Cost:5.58%
Difference:
₹463 INR less than using Xoom
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→INR
From Amount (USD)U$1,000
Fee:U$12 USD (Minimum fee)
Exchange Rate:72.37 (4.69% from mid-rate)
To Amount (INR)71,502
Total Cost:5.83%
Difference:
₹656 INR less than using Xoom
Time:0:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→INR
From Amount (USD)U$1,000
Fee:18
Exchange Rate:72.74 (4.2% from mid-rate)
To Amount (INR)71,431
Total Cost:5.93%
Difference:
₹727 INR less than using Xoom
Time:0:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of America logo
Bank of America: Foreign Transfer USD→INR
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:72.37 (4.69% from mid-rate)
To Amount (INR)71,284
Total Cost:6.12%
Difference:
₹874 INR less than using Xoom
Time:0:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
Examples sending US$1000 to Mexico, Canada and India
   

Further Reading

 

Coronavirus panic drives US dollar strength

Currency rates were extremely volatile last week as the coronavirus situation worsened day by day with various countries implementing ever-tougher measures to stop the spread of the disease.

Last update: 23 Mar, 2020

Coronavirus spread fears linger – USD strong – AUD at 11 year lows

This week the US Dollar was touching three-year highs when valued against a basket of major currencies. The greenback’s traditional role as one of the safe-haven currencies is helped by a domestic economy that is largely immune to the threats of the coronavirus.

Last update: 22 Feb, 2020

Coronavirus unnerves currency markets

The strong start to the year for “risk-on” currencies is already a distant memory.

Posted: 3 Feb, 2020

  

Posted to: Reviews

 

1 Review for “Xoom Reviewed”

  1. Avatar jj says:

    Fast, easy and secure!!! Have been a xoom customer for a while, and cant complain, great service and quick shipping!!!

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