![]() ![]() Xoom has an app on both Google Play and App Store. The recipient’s name, address and bank name and account number.A valid payment method – credit card, debit card or bank account.Amount to be sent and currency it will be converted to.What do you need to send money through Xoom? You’ll need to upload a recent bank statement and a government-issued ID, like a driving licence or passport, if you want to send higher amounts. How do I send money through Xoom?īefore you can send funds with Xoom, you must register for a free account with your personal contact information. Xoom transfers can be paid for in a few different ways when sent from the UK, including:Įach payment method may have different fees depending on your sending destination, but overall paying with a bank account or PayPal balance is the cheapest option. Xoom’s easy-to-use website allowed us to sign up and initiate a transfer in 3.5 minutes.Our transfer to France arrived ahead of schedule and our funds were deposited into our recipient’s Mexican bank account within 24 hours.We paid low fees and received competitive rates within 2.4% of the mid-market rate on average, with rates updated multiple times a day.Here’s what we found when we sent live transfers to Mexico and France through Xoom: Our experience transferring money with Xoom Money-back guarantee: Xoom guarantees that your money will be received by your recipient and if it isn’t, the transaction will be refunded in full.ģ.5 out of 5 – based on 22,359 customer reviews.Regulation: Xoom shares all the same regulations and licences held by PayPal.Encryption: Xoom uses 128-bit data security encryption for its entire website.Xoom has additional measures to protect your money while using the service: Xoom’s parent company, PayPal, is one of the most well-known payment systems. Review of PayPal’s fees and how it works Is Xoom safe? Recipients of Xoom transfers do not need to create a PayPal account to receive money. Users in the UK who already have and use PayPal accounts can integrate their existing accounts into Xoom to send money around the world. Plus additional information at Xoom’s request.Utility bill or another proof of address and a bank statement.Driving licence or passport to verify your identity.For UK residents, it looks like this: Level Xoom separates accounts into 3 levels based on how much verification you’ve given. Some of the popular currencies that Xoom supports include the following: Xoom can be sent from residents in the UK, Canada, the United States and select countries in Europe. Xoom can send to more than 150 countries and territories worldwide. Sending money to your recipient’s bank account may also delay the transfer time. Using a bank account to pay for your transfer is often the cheapest way to send money, but it’s the slowest. ![]() Cheapest option – up to 4 business days.Some destinations may take longer to receive money from the UK even when paying by credit or debit card. Your credit card might charge you an additional cash advance fee, increasing the cost of your total transfer. You’ll pay more in fees, but your money arrives in as little as 15 minutes, if not instantly. Pay for your transfer with a credit card, debit card or PayPal balance. Turnaround time on your Xoom transfer depends on how you pay and how the money is received: Use Xoom’s fees and exchange rate calculator to see the fees that apply to your transfer destination and amount. Xoom’s exchange rate changes depending on the amount of money you’re sending. Here’s an example of the different fees you might see if you sent a £1,000 bank transfer to a recipient in the following countries: Destinationīangladesh, India, Pakistan, Philippines, Sri Lanka, Jamaica, Kenya You can send money from the UK to over 150 countries using Xoom. To send cash, fees are generally higher, while receiving money to a bank account is often less expensive. Different fees are charged based on how much you’re sending. Fees depend on where you’re sending the money. Additional cash advance fees may also be charged to your credit card. Paying by bank transfer is the cheapest option while paying by credit card will have higher fees. But for online money transfers made from the UK, fees depend on the following: The total cost of a Xoom transfer varies between online and agent locations. Debit cards with low foreign transaction feesĬompare Xoom with other money transfer services Xoom’s exchange rates and fees.
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