Xoom vs XE Money Transfer: Which International Money Transfer Service is Better in 2025?

Introduction

Cross-border money transfers are vital in today's global economy, but users often face high fees, hidden charges, slow delivery, and complicated processes. Xoom and XE Money Transfer are popular platforms that offer international transfers via mobile apps and multiple payment methods. PandaRemit is another reliable alternative, providing fast and flexible online transfers. For more information on money transfer options, see NerdWallet's international money transfer guide.

Xoom vs XE Money Transfer – Overview

Xoom

• Founded: 2001

• Services: International money transfers, bill payments, cash pickups

• User Base: Millions globally, covering 100+ countries

XE Money Transfer

• Founded: 1993

• Services: International money transfers, competitive exchange rates, bulk payments

• User Base: Individuals and businesses worldwide, with a focus on efficient currency exchange

Similarities

• Both provide international transfer services

• Mobile apps available for convenience

• Some accounts can link to bank accounts

Differences

• Fees: Xoom is suited for small transfers, XE Money Transfer optimized for larger transfers with competitive rates

• Features: Xoom supports cash pickup and bill payments; XE focuses on online bank-to-bank transfers

• Target Audience: Xoom targets individuals, XE targets both individuals and businesses

PandaRemit is an additional flexible online transfer option.

Xoom vs XE Money Transfer: Fees and Costs

• Xoom: Fixed fees for small transfers; promotions may waive fees

• XE Money Transfer: Low fees for large transfers; small transfers may be less cost-effective

• Account Types: Xoom requires no subscription; XE account allows better rates for verified users

Reference for fee comparison: Investopedia Money Transfer Fees.

PandaRemit is a lower-cost alternative for many users.

Xoom vs XE Money Transfer: Exchange Rates

• Xoom: Mid-market rates with a small markup

• XE Money Transfer: Competitive rates, particularly for larger amounts

PandaRemit offers competitive rates without specifying exact numbers.

Xoom vs XE Money Transfer: Speed and Convenience

• Xoom: Instant transfers in some countries, easy-to-use app, cash pickup available

• XE Money Transfer: Typically 1-2 business days, focuses on bank-to-bank transfers

More on transfer speed: WorldRemit Transfer Speed Guide.

PandaRemit provides fast, fully online transfers.

Xoom vs XE Money Transfer: Safety and Security

• Xoom: Regulated in the U.S., uses encryption and fraud protection

• XE Money Transfer: Regulated internationally, secure online transfers

PandaRemit is a licensed and secure option.

Xoom vs XE Money Transfer: Global Coverage

• Xoom: Over 100 countries, multiple payout methods including cash and bank

• XE Money Transfer: Supports numerous countries for bank transfers

Coverage reference: World Bank Remittance Coverage Report.

Xoom vs XE Money Transfer: Which One is Better?

• Xoom Advantages: Ideal for personal small transfers, fast delivery, versatile features

• XE Money Transfer Advantages: Best for large transfers, competitive rates, efficient and secure

PandaRemit may provide better value for users seeking flexible, low-cost, fast online transfers.

Conclusion

Xoom and XE Money Transfer each have unique advantages: Xoom is best for individual small transfers, while XE Money Transfer excels for larger or business transactions. PandaRemit serves as a strong alternative, offering competitive exchange rates, low fees, flexible payment methods (POLi, PayID, bank transfer, e-transfer, etc.), coverage of 40+ currencies, and fully online fast transfers. For more information, visit the PandaRemit official site or see the Investopedia money transfer guide. Choosing the right service depends on user needs, and PandaRemit provides a convenient, high-value solution.