How long does xoom take to transfer

Xoom, which is headquartered in San Francisco, enables customers to send this money using their mobile phone, tablet, or computer. Customers can transfer money to friends and family by completing the following five steps on Xoom.

Once they have a Xoom account, customers can log on and quickly send money to friends and family from their mobile phone, tablet, or computer. When you transfer money through Xoom, your recipient can receive the transfer in either local currency or U.

If you pay with a credit or debit card, the fees are slightly higher, but transaction processing is faster. Xoom offers a fee and exchange rate calculator to help customers figure out the total price of the transfer as well as the amount their recipient will receive based on exchange rates. The fees are much lower for some countries.

The major advantage to Xoom is price. The service claims to offer lower prices on international money transfers than Western Union and MoneyGram. Xoom makes its money from transaction fees, as well as the foreign exchange fees charged when the money is received in a currency other than U. Xoom also offers a money-back guarantee.

If for any reason your money is not received by your recipient, it will refund your transaction in full. So what about the disadvantages? Some critics complain that Xoom often plays it too safe, resulting in extra hassle for the customer and lengthy processing times. Of course, taking these additional measures and refusing to accept cash as a funding source are good ways to avoid money-laundering schemes and terrorism financing.

Xoom itself was the victim of a massive fraud scheme. In the time since, however, Xoom was acquired by PayPal, improving its security, and it has not encountered any such fraudulent activities since then. For customers looking to send money to friends and family across the globe, Xoom can be an affordable alternative to other international money transfer services. The company also assures customer safety and offers a money-back guarantee.

Securities and Exchange Commission. Consumer Affairs. Company Profiles. Within 2 hours, I received the message from Xoom that the transaction is complete. But, recipient never received the money. I sent the bank statement of the recipient to Xoom. Made several calls to Xoom each time hold time is more than 45 minutes.

I requested xoom to refund the money to my account which Xoom has not done yet. I will not recommend this service to anyone. Without offering reason Xoom would not transfer funds which met highest standards of their policy and consumer protection. Agent said I would receive a call explain why within several hours.

Never heard from them. Hard to believe a transfer could be more legitimate than this. Transferred money through Xoom. They posted an update that transaction is successful. The recipient of the transaction notified me that money never got deposited in his bank. Then the nightmare started of calling Xoom customer service minimum 30mins wait several times trying to explain them that the recipient never received the money and they kept on telling me that they received it.

Had to send them the recipient's bank statement to convince them. Surprised to see how they track their transactions and how can they provide false information to the customer. I think this is a fraud on their part. After many years of service transferring funds to relatives. Xoom had now moved to an authoritarian posture. Which we sent along with explanations of purpose of the transactions. We have a house that is maintained by our Daughter and lived in when we go there along with the rest of the family.

Especially now since Covid has killed plenty of jobs. No other reason than that. They go on to say they will be unable to provide any other information and further correspondence will not be answered.

This behavior is suspicious at the least. Possibly a blessing in disguise, I would suggest moving to another remittance provider. Good luck. They literally stole bucks from me. Don't use this service ever!!! Once you send money they won't even try to get it back. This service is crap! I wouldn't use this service again if they paid me to. After completely verifying the four step verification process that they required.

It was completed. Additionally, they asked me to verify with my bank and credit card company in which was also verified and completed. This company is a scam and it is a foreign company. Do not trust. This is only my experience. Xoom was a decent money transfer service.

I have used the service for about 6 months. It started being a 7 to 12 minutes transfer service then about 2 months ago it became a 24 hour service, I was not happy with the delay but I put up with it for about 4 to 5 transfers with 24 hour delay.

Live agent Save Saved. Xoom Money Transfer. About Xoom Money Transfer. Overall Satisfaction Rating 5 stars.

Bottom Line Xoom is a simple way to send money abroad from your home computer. Parveen of Mississauga, ON. Read full review. Soumyaroop of Rochester, NY. What does Xoom do? And the best part is, if you have an account with PayPal you can start sending money to India right now with your PayPal payment options right at your fingertips.

Choose cash pickup and your money is typically available in minutes at convenient locations throughout India. Deposits above 5 lakh typically arrive within 2 hours to most major banks in India, 24 hours, 7 days a week.

Xoom makes it quick and easy to start sending money today. Step 1 : You can log in with your PayPal credentials or easily create a Xoom account, starting with your name and email address.

Step 3 : Conveniently pay with with PayPal, bank account, credit card, or debit card and you're done! Sign up now to get started. Step 1: Enter an amount. Step 2: Choose Bank Deposit as the receiving option. Step 1 : Simply enter an amount. Step 2 : Provide your recipient's name, address, and phone number. Step 3 : Select a convenient location for easy cash pickup, including Muthoot Finance and Manappuram Finance.

Step 4 : Easily pay with Paypal, bank account, credit card, or debit card. View all cash pickup locations. Step 1 : Just tell us how much to deposit. Step 3 : Enter your recipient's account information on our secure page. Step 4 : Conveniently pay with PayPal, bank account, credit card, or debit card. View all banks.

Get human support when you really need it from people who care. We have customer service centers on multiple continents with support in multiple languages. Simply contact us or visit our Help Center for assistance and information. Conveniently send money to India and track transactions right from your phone.