Is XE better than Xoom? Both companies offer bank-beating mid-market exchange rates and both are well-regulated, secure and customer-oriented, giving banks a good run for their money. Although Xoom charges a small fixed transfer fee regardless of the amount, and XE doesn’t charge customers for the transaction, a little more beneficial Xoom’s exchange rate equates the overall price. All in all, the two services are about even in terms of price, and both are extremely competitive against other transfer agents or banks. “Direct Transfers” peer-to-peer matching system, letting users find the desired deal is an unbeatable Xoom’s advantage, but then XE has triple as much currencies available. 1-1 in this battle, and you can easily go with any of the two and get a great deal.
XE Money Transfer offers a range of flexible features to ensure fast and simple international money transfers. With no fees on its transactions, XE Money Transfer allows you to convert the most currencies from around the globe. Established in Canada in 1993, XE Money Transfer has handled a massive $10 billion worth of global payments.
Xoom, a PayPal Service is an electronic funds transfer or remittance provider that allows consumers to send money, pay bills and reload mobile phones from the United States and Canada to 131 countries. The company was founded in 2001, is based in San Francisco, CA, and has an office in Guatemala City, Guatemala.