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Xoom Reviewed

 

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

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.

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Xoom Cheap Transfers

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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.

 
Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Xoom - Compare Foreign Transfers

Sending USD 1,000 to MXN

Xoom logo Xoom
1USD=18.27MXN
$18,179 MXN (3.82%)
The Smarter Way to Send Money Worldwide - Online & Convenient – LOW FEES. Bank Transfers or Cash pickup in certain countries. Quickly Send up-to $2999 without needing to provide Id documents. Pay via Bank Transfer or Debit/Credit Card.
Price Details
Receive: $18,179 MXN
Exchange Rate: 18.27
Fees: USD 4.99
Total Cost : 3.82% (from mid-rate: 18.9007)
This is the amount of money that could be received by your transfer at rate USD/MXN=18.27 and inclusive of the fee of USD 4.99.
Bank Rates - Average
1USD=18.19MXN
$17,917 MXN (5.2%)
This is the average USD to MXN International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $17,917 MXN
Exchange Rate: 18.19
Fees: USD 15
Total Cost : 5.2% (from mid-rate: 18.9007)
Receive MXN $262 less than with  Xoom logo Xoom
This is the amount of money that could be received by your transfer at rate USD/MXN=18.19 and inclusive of the fee of USD 15.
 
Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Xoom - Compare Foreign Transfers

Sending USD 1,000 to CAD

Xoom logo Xoom
1USD=1.2776CAD
$1271.22 CAD (3.72%)
The Smarter Way to Send Money Worldwide - Online & Convenient – LOW FEES. Bank Transfers or Cash pickup in certain countries. Quickly Send up-to $2999 without needing to provide Id documents. Pay via Bank Transfer or Debit/Credit Card.
Price Details
Receive: $1271.22 CAD
Exchange Rate: 1.2776
(Inverse 1CAD=USD 0.7827)
Fees: USD 4.99
Total Cost : 3.72% (from mid-rate: 1.3203)
This is the amount of money that could be received by your transfer at rate USD/CAD=1.2776 and inclusive of the fee of USD 4.99.
Bank Rates - Average
1USD=1.2723CAD
$1253.22 CAD (5.08%)
This is the average USD to CAD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $1253.22 CAD
Exchange Rate: 1.2723
(Inverse 1CAD=USD 0.7860)
Fees: USD 15
Total Cost : 5.08% (from mid-rate: 1.3203)
Receive CAD $18 less than with  Xoom logo Xoom
This is the amount of money that could be received by your transfer at rate USD/CAD=1.2723 and inclusive of the fee of USD 15.
 
Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Xoom - Compare Foreign Transfers

Sending USD 1,000 to INR

Xoom logo Xoom
1USD=65.54INR
₹65,213 INR (4.61%)
The Smarter Way to Send Money Worldwide - Online & Convenient – LOW FEES. Bank Transfers or Cash pickup in certain countries. Quickly Send up-to $2999 without needing to provide Id documents. Pay via Bank Transfer or Debit/Credit Card.
Price Details
Receive: ₹65,213 INR
Exchange Rate: 65.54
Fees: USD 4.99
Total Cost : 4.61% (from mid-rate: 68.3650)
This is the amount of money that could be received by your transfer at rate USD/INR=65.54 and inclusive of the fee of USD 4.99.
Bank Rates - Average
1USD=65.27INR
₹64,291 INR (5.96%)
This is the average USD to INR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: ₹64,291 INR
Exchange Rate: 65.27
Fees: USD 15
Total Cost : 5.96% (from mid-rate: 68.3650)
Receive INR ₹922 less than with  Xoom logo Xoom
This is the amount of money that could be received by your transfer at rate USD/INR=65.27 and inclusive of the fee of USD 15.
Examples sending US$1000 to Mexico, Canada and India
 

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1 Review for “Xoom Reviewed”

  1. 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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