Xoom.com Money Transfers Review

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1.7 stars
Average rating for this product is: 1.7 out of 5

From 1 rating and 48 reviews

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oivas's Review of Xoom.com Money Transfers

24th Sep 2009

Overall Rating

5 stars
  • Value for money
    5 stars
  • Speed of service
    4 stars
  • Type of customer
    Personal
  • Customer Service
    5 stars

After seeing lot of negative reviews about zoom and i was initialy hesitant to do transaction with zoom, but after my positive experience i wish to share it. I had to transfer around 9500 USD to france, when i inquired with Moneygram and western union their service charge came around 350 USD. so i decided to try zoom. They have limitation for the transaction amount per day, i.e 2999 USD per transaction and 6000 USD per month. To increase the limit i had to provide some I.D proofs and they did it in a day. i did three transactions of 2500 USD. It took nearly 7 days (Approx 5 Business days) for the money to reach the destination. I had to pay totally 15 USD for the complete transaction. Their exchange rate was higher than others. If you are not in a hurry and need to save money you can use XOOM. This is how the transaction log looks. I Initiated the transaction on Sep 08, 2009 The money reached my cousin on Sep 14, 2009. I will surely do transaction with them

Date Activity
Sep 10, 2009 01:00:49 PM Deposit in Progress - Final Update
Sep 09, 2009 08:28:54 AM Bank Processing
Sep 09, 2009 08:23:45 AM Transfer in Progress
Sep 09, 2009 08:23:29 AM Payment Verified
Sep 08, 2009 07:41:00 PM Payment Processing
Sep 08, 2009 01:06:50 PM Xoom Processing

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