Compare TransferWise and Xoom

Comparison

TransferWise

TransferWise is an online money transfer service that helps you save money on international transfers. It offers low fees, fast transfers, and 24/7 customer support. Transfer money quickly and securely with TransferWise. Find out more

Xoom

Xoom is a digital money transfer service that lets you send money to friends and family in over 130 countries. It's fast, secure, and easy to use. Send money online, in minutes! Find out more
Try TransferWiseTry Xoom
Why you should consider it
  • TransferWise has over 7 million customers worldwide
  • TransferWise has saved customers over $4 billion in bank fees
  • TransferWise is 8x cheaper than banks on average
  • Xoom has been rated #1 in customer satisfaction by JD Power for the past 3 years
  • Xoom has processed over $50 Billion in payments since its launch in 2001
  • Xoom is available in over 130 countries and territories
What are the benefits?
  • Easy Setup
  • Fast Transfers
  • Low Fees
  • Secure Payments
  • Fast Transfers
  • Global Reach
  • Low Fees
  • Secure Payments
Things to look out for
  • Exchange Rate
  • Fees
  • Limits
  • Timeframe
  • Exchange Rates
  • Fees
  • Limits
  • Security
Who is it for?
  • Expats
  • Freelancers
  • International Students
  • Online Sellers
  • Small Business Owners
  • Travelers
  • Expats
  • Family Members
  • Freelancers
  • International Students
  • Small Business Owners
  • Travelers
Features

Expats

TransferWise

TransferWise: A Summary


TransferWise is an online money transfer service that allows users to send money abroad quickly, securely, and at a fraction of the cost of traditional banks.

It is ideal for individuals and businesses who need to send money abroad, as it offers competitive exchange rates and low fees.

Key Benefits and Features

Who Should Use TransferWise?


TransferWise is ideal for individuals and businesses who need to send money abroad.

It is especially useful for those who need to make frequent international payments, as it offers competitive exchange rates and low fees.

How Does TransferWise Compare to Its Competitors?


TransferWise is one of the most popular online money transfer services, and it is often compared to other services such as PayPal, Western Union, and MoneyGram.

TransferWise offers competitive exchange rates and low fees, making it a cost-effective option for those who need to send money abroad.

Additionally, TransferWise offers a secure and easy to use online platform, as well as 24/7 customer support and multiple payment options.

Help & Support

How long does it take for a transfer to arrive?
The time it takes for a transfer to arrive depends on the country you are sending to. Generally, transfers take 1-3 business days to arrive.
What currencies can I send with TransferWise?
TransferWise supports over 50 currencies, including USD, GBP, EUR, AUD, CAD, and more.
Is TransferWise secure?
Yes, TransferWise is secure. All transfers are protected by 256-bit encryption and are monitored 24/7 for suspicious activity.
Do I need to open an account to use TransferWise?
Yes, you need to open an account to use TransferWise. It's free and easy to open an account, and you can start sending money right away.
How does TransferWise work?
TransferWise works by using the real exchange rate to convert your money and send it to the recipient's bank account. This means you get more money for your money, and the recipient gets the exact amount you sent.
What is TransferWise?
TransferWise is a fast, easy and secure way to transfer money internationally.

Xoom

Xoom: An Overview


Xoom is a digital money transfer service that allows users to send money to friends and family in over 130 countries.

It is a fast, secure, and cost-effective way to send money abroad.

Xoom is owned by PayPal and is a great option for those who need to send money overseas quickly and easily.

Who Should Use Xoom?


Xoom is ideal for those who need to send money overseas quickly and securely.

It is a great option for those who need to send money to friends and family abroad, as well as those who need to pay bills or make purchases in other countries.

Key Benefits and Features

How Does Xoom Compare to Its Competitors?


Xoom is a great option for those who need to send money overseas quickly and securely.

It offers competitive exchange rates and low fees, as well as a user-friendly mobile app and 24/7 customer support.

Xoom is a great alternative to other money transfer services, such as Western Union and MoneyGram.

Help & Support

What is Xoom?
Xoom is a digital money transfer service that allows you to send money to friends and family around the world quickly, securely, and at a low cost.
How do I send money with Xoom?
You can send money with Xoom in three easy steps: 1) Enter the amount you want to send, 2) Choose the recipient’s country, and 3) Enter the recipient’s information. You can also add a message to the recipient if you’d like.
How long does it take for the money to arrive?
The amount of time it takes for the money to arrive depends on the country you’re sending to. Generally, it takes 1-3 business days for the money to arrive.
What payment methods can I use to send money?
You can send money with Xoom using your bank account, debit card, or credit card.
What countries can I send money to?
Xoom currently supports sending money to over 70 countries around the world.
How do I track my money transfer?
You can track your money transfer by logging into your Xoom account and clicking on the “Track” tab. You can also track your transfer by entering the tracking number you received when you sent the money.
What is the Xoom Money-Back Guarantee?
Xoom offers a Money-Back Guarantee for all money transfers. If your money transfer is not delivered within the promised delivery time, Xoom will refund the full amount of your transfer, including all fees.

Upload file