OFX is a good alternative if you want to send a high value payment and prefer to talk through your transfer by phone.Wise is a good alternative because it offers the mid-market rate on all international transfers and 50% payments get to the recipient instantly.Remitly is a good alternative if you want to send money for cash collection on a popular remittance route.Languages: Based on the country you’re in.Customer support: In person, by chat and phone.Languages: App available in English only.Languages: App available in English only, global support where OFX has office locations.Most transfers are received within 24 hours Customer support: 24/7 in app and by email.Wise exchange rate offers mid-market exchange rateĥ0%+ of payments are instant, 90% arrive in 24 hours When choosing, we’ve taken into account providers’ speed, transparency, ease of use and price when transferring money abroad. Let’s look at 5 international money transfer providers and compare them to Xoom. Money transfer services like Xoom can still save you money compared to using your normal bank. Relatively low sending limits, based on account and payment type.Fees vary based on destination and can be fairly high overall.Pay with card, bank transfer or PayPal balance.Great range of payout options including cash collection, and bill pay in selected countries. Xoom can be convenient because you can pay with your PayPal balance – but if you don’t intend to do this, you might find you can get a better deal, including a lower overall fee, from different money transfer service. Xoom is intended for personal payments only, and may work if you’re trying to get money in a hurry to someone based overseas – but you’ll usually pay a relatively high fee for the service. Why you should consider a Xoom alternative The information in this guide is based on US Xoom account profiles – check out the details for your country if you live elsewhere. It’s also worth noting that some fees, options and limits related to your account will depend on your country of residence. Send money to be collected in cash at an agent location.Send money to a debit card or mobile wallet.Send money direct to a recipient’s bank account.International payments with Xoom are made online or in the Xoom app and can be received in a few different ways depending on the destination country: This guide will focus on the international transfer services available from Xoom. Xoom specializes in international payments, which can include sending remittances to friends and family overseas, paying cross border bills and invoices, and even topping up a prepaid mobile phone account abroad. Xoom international transfers is an online payment service, and part of the PayPal group. WorldRemit – Broad range of payment options around the world.TorFX – Good range of transfer and currency products, with personal service.OFX – Talk to a broker 24/7, with payments in 50+ currencies.Wise – Google exchange rates, low, transparent fees and fast service.Remitly – Pick either a cheaper Economy transfer or a faster Express payment.In our comparison we’ll look at these alternatives to Xoom. In this article, we’ll show you 5 of the best Xoom alternatives, how they compare and why they might be better than Xoom, depending on your specific needs. But it’s not the right option for all payment needs – which makes it worth looking at other sites like Xoom before you get started, to make sure you’re getting the best deal out there.Īre you looking to send money faster? Do you want to check if the fees you’re being offered are competitive? Or maybe you need to send larger amounts reliably and at better rates. Xoom is part of the PayPal family, and offers transfers from the US to a broad range of countries, with payments you can set up online and in-app. Top 5 Best Xoom Alternatives for International Money Transfer
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