Last Updated: 04/18/2025
SuperMoney User Recommendation Score -28
Mostly not recommended18 total votes
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Highlights
Community Rating
Mostly not recommended
Minimum Transfer
$10
Transfer Speed (days)
1
Processing Fee Range ($)
N/A
Processing Commission
Starting at 0%
Number of Reviews
Xoom Review
Xoom is a money transfer service company based in San Francisco, CA. It was founded in 2001 and offers money transfers to 130 countries.
Xoom does not charge a fee to send money to Mexico. However, remember that money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Xoom does not charge a fee to send money to India. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Xoom does not charge a fee to send money to the Philippines. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Xoom does not charge a fee to send money to China. However, money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction.
Xoom FAQ
What money transfer methods does Xoom support?
Xoom allows you to send money with the following receive options (options vary by receive country):
- Bank accounts.
How much money can you send with Xoom?
Sending limits vary depending on factors such as how the sender is funding the transaction, how the recipient is receiving the money and the destination country or territory. Check the limits that apply to a particular transfer on Xoom's website.What fees and commissions does Xoom charge?
- Xoom does not charge a flat processing fee..
- There isn't a processing commission fee.
- Xoom does not charge a currency exchange fee. Instead, Xoom makes a profit from the spread between the buy and sell price of the currency you purchase. Compare the exchange rates offered by money transfer services as well as fees when calculating the total cost of the transaction.
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Message from Xoom
Message from our editor
What we love about Xoom Money Transfer
Xoom makes it very convenient for Americans and Canadians to send money internationally, allowing payments to more than 130 countries across the globe. It also offers multiple ways to send funds, such as electronic transfers, leaving cash for pickup at a physical location, or even a cash delivery to the recipient’s door. Xoom also offers features that let you pay bills internationally.
You can send money using Xoom even if you don’t have a bank account.
What could Xoom Money Transfer do better?
There are drawbacks to using Xoom to send money internationally.
One of the main issues with Xoom is its cost. When you send money, you pay a per-transaction fee. The size of the fee depends on the funding source you use. Sending from a bank account is cheaper than sending from a debit card. The exact fee will vary with the amount that you’re sending and the country you’re sending money to.
Xoom also limits the amount that you can send at one time and each month. Level 1 users can send only $2,999 per transaction, $6,000 per 30 days, and $9,999 per 180 days. Increasing these limits requires going through an identity verification process.
Xoom Money Transfer‘s backstory
Xoom was founded in San Francisco, California in 2001 and has offices in Guatemala. PayPal acquired the company in 2015 for just over $1 billion to strengthen its international business and to give Xoom users access to Paypal’s financial infrastructure.
The Verdict
Xoom is a convenient way to send money to people internationally. You can do it directly from your computer or your phone. However, that convenience comes at a price. If you’re willing to pay for easy transfers, Xoom is a fine choice but there are less expensive alternatives out there.
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