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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 ProvidersReceive MXN($)Exchange RateFee USDTotal CostDeal Links
Xoom logo
18,995 MXN
Compare
19.094.994.43%
HSBC logo
19,101 MXN
106 MXN
19.13$1.53.89%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
18,873 MXN
122 MXN
19.1155.04%
U.S. Bank International Money Transfers
U.S. Bank logo
18,821 MXN
174 MXN
19.05$125.3%
Wells Fargo Bank logo
18,805 MXN
190 MXN
19.15185.38%
Bank of America International Money Transfers
Bank of America logo
18,764 MXN
231 MXN
19.05$155.59%
Xoom: Foreign Transfer USD→MXN
USD amount:$1,000 USD
Fee:4.99
Exchange Rate:19.09 (3.95% from mid-rate)
MXN amount:18,995 MXN
Total Cost:4.43%
Time:16:45 Local
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→MXN
USD amount:$1,000 USD
Fee:$1.5 USD (.15%)
Exchange Rate:19.13 (3.75% from mid-rate)
MXN amount:19,101 MXN
Total Cost:3.89%
Difference:
106 MXN more than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→MXN
USD amount:$1,000 USD
Fee:15
Exchange Rate:19.01 (4.35% from mid-rate)
MXN amount:18,873 MXN
Total Cost:5.04%
Difference:
122 MXN less than using Xoom
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→MXN
USD amount:$1,000 USD
Fee:$12 USD (Minimum fee)
Exchange Rate:19.05 (4.15% from mid-rate)
MXN amount:18,821 MXN
Total Cost:5.3%
Difference:
174 MXN less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→MXN
USD amount:$1,000 USD
Fee:18
Exchange Rate:19.15 (3.65% from mid-rate)
MXN amount:18,805 MXN
Total Cost:5.38%
Difference:
190 MXN less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→MXN
USD amount:$1,000 USD
Fee:$15 USD (Minimum fee)
Exchange Rate:19.05 (4.15% from mid-rate)
MXN amount:18,764 MXN
Total Cost:5.59%
Difference:
231 MXN less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/23/2019 - See full table
 
Foreign Transfer ProvidersReceive CAD(C$)Exchange RateFee USDTotal CostDeal Links
Xoom logo
1,273.91 CAD
Compare
1.28034.994.37%
HSBC logo
1,280.98 CAD
7.07 CAD
1.2829$1.53.84%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
1,266 CAD
7.91 CAD
1.2806154.99%
U.S. Bank International Money Transfers
U.S. Bank logo
1,262.27 CAD
12 CAD
1.2776$125.24%
Wells Fargo Bank logo
1,261.08 CAD
13 CAD
1.2842185.33%
Bank of America International Money Transfers
Bank of America logo
1,258.44 CAD
15 CAD
1.2776$155.53%
Xoom: Foreign Transfer USD→CAD
USD amount:$1,000 USD
Fee:4.99
Exchange Rate:1.2803 (3.89% from mid-rate)
CAD amount:1,273.91 CAD
Total Cost:4.37%
Time:16:45 Local
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→CAD
USD amount:$1,000 USD
Fee:$1.5 USD (.15%)
Exchange Rate:1.2829 (3.69% from mid-rate)
CAD amount:1,280.98 CAD
Total Cost:3.84%
Difference:
7.07 CAD more than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→CAD
USD amount:$1,000 USD
Fee:15
Exchange Rate:1.2750 (4.29% from mid-rate)
CAD amount:1,266 CAD
Total Cost:4.99%
Difference:
7.91 CAD less than using Xoom
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→CAD
USD amount:$1,000 USD
Fee:$12 USD (Minimum fee)
Exchange Rate:1.2776 (4.09% from mid-rate)
CAD amount:1,262.27 CAD
Total Cost:5.24%
Difference:
12 CAD less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→CAD
USD amount:$1,000 USD
Fee:18
Exchange Rate:1.2842 (3.6% from mid-rate)
CAD amount:1,261.08 CAD
Total Cost:5.33%
Difference:
13 CAD less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→CAD
USD amount:$1,000 USD
Fee:$15 USD (Minimum fee)
Exchange Rate:1.2776 (4.09% from mid-rate)
CAD amount:1,258.44 CAD
Total Cost:5.53%
Difference:
15 CAD less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/23/2019 - See full table
 

USD to INR International Money Transfers

   Xoom Xoom logo

Foreign Transfer ProvidersReceive INR(₹)Exchange RateFee USDTotal CostDeal Links
Xoom logo
67,710 INR
Compare
68.054.995.58%
HSBC logo
68,088 INR
378 INR
68.19$1.55.05%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
67,276 INR
434 INR
68.07156.18%
U.S. Bank International Money Transfers
U.S. Bank logo
67,095 INR
615 INR
67.91$126.44%
Wells Fargo Bank logo
67,031 INR
679 INR
68.26186.53%
Bank of America International Money Transfers
Bank of America logo
66,891 INR
819 INR
67.91$156.72%
Xoom: Foreign Transfer USD→INR
USD amount:$1,000 USD
Fee:4.99
Exchange Rate:68.05 (5.1% from mid-rate)
INR amount:67,710 INR
Total Cost:5.58%
Time:16:45 Local
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→INR
USD amount:$1,000 USD
Fee:$1.5 USD (.15%)
Exchange Rate:68.19 (4.91% from mid-rate)
INR amount:68,088 INR
Total Cost:5.05%
Difference:
378 INR more than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→INR
USD amount:$1,000 USD
Fee:15
Exchange Rate:67.77 (5.5% from mid-rate)
INR amount:67,276 INR
Total Cost:6.18%
Difference:
434 INR less than using Xoom
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→INR
USD amount:$1,000 USD
Fee:$12 USD (Minimum fee)
Exchange Rate:67.91 (5.3% from mid-rate)
INR amount:67,095 INR
Total Cost:6.44%
Difference:
615 INR less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→INR
USD amount:$1,000 USD
Fee:18
Exchange Rate:68.26 (4.81% from mid-rate)
INR amount:67,031 INR
Total Cost:6.53%
Difference:
679 INR less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→INR
USD amount:$1,000 USD
Fee:$15 USD (Minimum fee)
Exchange Rate:67.91 (5.3% from mid-rate)
INR amount:66,891 INR
Total Cost:6.72%
Difference:
819 INR less than using Xoom
Time:16:45 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/23/2019 - See full table
Examples sending US$1000 to Mexico, Canada and India
   

Further Reading

 

AUD/GBP Between a Rock and a Hard Place – USD Strength

AUD/GBP versus AUD/USD and GBP/USD

Both the Australian dollar and British pound sterling have had a hard time of late caught between the rock of the China/US trade war and the Brexit hard place.

Last update: 13 Aug, 2019

Facebook’s Libra Is Not the Game Changer That’s Being Promised

Enthusiasts would have us believe that Facebook’s own digital currency, Libra, will instantly revolutionize the remittance industry upon its release in 2020 — except it won’t. A harsher reality awaits, with conversion costs, capital gains taxes and a lack of Libra-priced goods all likely to limit its appeal.

Last update: 6 Jul, 2019

Australia Cuts Interest Rates to Record Low

RBA Australian dollar AUD currency news and forecasts

The RBA has cut Australian interest rates to a record low of 1 percent in an effort to boost inflation. The Australian dollar is slightly stronger following the widely expected decision but is expected to lose 5–7 percent of its value before year-end.

Last update: 14 Aug, 2019

  

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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