Xoom International Money Transfer Payments Reviewed

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Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£500
10
5%
1.102
110,200.00 EUR
FCA Regulated


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Product Features

FCA Regulated FCA Regulated

Forward Contract Trading Forward Contract Trading

HM Revenue Customs Regulated HM Revenue Customs Regulated

No Commission Charges No Commission Charges

No Transfer Costs No Transfer Costs

Online Platform Access Online Platform Access

Online Bill Payments Online Bill Payments

Regular Payments Regular Payments

Separate Client Account Separate Client Account

Set Up Standing Orders Set Up Standing Orders

Training Training

Money Transfer Brokers Legal Information

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Xoom money transfers offer a foreign exchange service. The money transfer service they offer is for clients that require large currency exchange payments internationally.

Xoom offers an alternative to using Western Union. Xoom.com are a US-based company that offer you a facility to send and receive money around the world. Hence, To send money you will need to

  • Select a country and enter an amount to send
  • Choose how your recipient will receive funds
  • Choose a payment method and confirm your money transfer
  • Notify your recipient that their money is on the way

Good Points

  • Xoom.com have a fully online platform allowing you to send money to 44 different countries
  • Pay by Visa or MasterCard debit card or credit card (check fees first)
  • Funds collected at a local branch or delivered directly
  • Xoom.com offer instant transfers and work out cheaper if a bank transfer is used

Bad Points

  • Exchange rates and fees are high when using credit card
  • Delays in funds being received
  • Poor reports on customer services

We have received mixed reports about Xoom money transfers either they are really good or if there is a problem then they are really bad. If you are not living in the US then it may be wise to find a company that closer to home. So, The main problem with Xoom money transfers seems to be when a partner is processing funds and they have not arrived under the specified duration, there is a lack of urgency and it seems hard to get a straight answer.

Personal Services

  • Emigrating Emigrating
  • Managing Currency Exposure Managing Currency Exposure
  • One-off International Payments One-off International Payments
  • Overseas Properties Overseas Properties
  • Regular Monthly Payments Regular Monthly Payments

Business Services

  • Export Export
  • Hedging Strategies Hedging Strategies
  • Import Import
  • Managing Currency Exposure Managing Currency Exposure
  • Overseas Investments Overseas Investments

How to Apply

Xoom Money Transfers Review

Xoom Currency Exchange Rates account. To be able to use the service, customers will need to complete an application. Hence, Which found on the website. Customers should retain a copy of any terms and conditions for their own records.

Xoom Currency Exchange offers a clear and transparent way of sending money internationally. In addition, There a number of options available to help customers make the best decision in relation to their foreign exchange requirements.

Client’s have fed back as to how professional the service and how competitive the rates were. Business users also impressed with the solutions offered in relation to risk and the streamlining of Xoom international money transfers.

Consequently, Some individuals may only want to exchange currencies at a specific rate And with Xoom money transfers while there is no standard timescale. Also, An Order to Buy placed so the currency only purchased when a customer’s preferred rate is available.

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Atlantic House, Imperial Way, Reading, United Kingdom, RG2 0TD

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