Based in San Francisco, USA, and established in 2001, Xoom is an online international remittance service. It provides money transfer services to over 30 countries. Xoom is backed by firms like New Enterprises Associates, SVB Capital, Fidelity Ventures, and Sequoia Capital. 

In India the banking partners of Xoom are Punjab National Bank, HDFC, Allahabad Bank, SBI, Axis Bank, Citibank India, and ICICI Bank. The bank deposits are processed through Xoom’s main partner Punjab National Bank. 

Xoom provides one of the fastest money transfer services to India. Payment can be made through a bank account in the US, debit cards, and credit cards. The money is transferred directly to the bank accounts of the recipients. Non-Resident Indians can directly transfer their money to the NRE (Non-Resident External) and the NRO (Non-Resident Ordinary) bank accounts in India.

What's Good About Xoom Money Transfer

No Transfer Fee over $1000 via Bank Account
Bank Deposit within 4 hours during Indian Bank Processing hours
Low Fees and Locked-in Exchange Rates


Exchange Rate Type
Transfer Fee
Bank Account
$ Amount
₹ Fee
Up to 500
501 - 1000
1001 - 9999
Transfer Time
Bank Deposit
4 Days
Transfer Type
  • Credit Card/Debit Card
  • Wire Transfer
Daily Transfer Limit
Receiving Method
  • Bank Deposit
Customer Service Info
1 (877) 815-1531 or 1 (415) 395-4225
Company Headquarter
San Francisco, California
Company Type
Remittance Providers
Mobile App
Company Established
Text Update (SMS)
Email Updates
Provider's FAQs
Referral Program
Document Requirements


If you read the online reviews of Xoom one word that comes up repeatedly is “quick.” Quick money transfer is what Xoom, a leading online global money transfer service provider is known for. Established in 2001 and based in San Francisco, Xoom.com provides money transfer service to a large number of countries that include India, Philippines, Australia, South Africa, Europe, and more than 30 countries in Latin America.

Since Xoom is a relatively new company in the field of remittance the question of financial security and liability may loom on the customer’s mind. There is no reason to worry because Xoom is backed by major financial giants like Fidelity Ventures, SVB Capital, New Enterprise Associates, and Sequoia Capital, and managing the whole money transfer service in India is Xoom’s main partner - Punjab National Bank.

Xoom's money transfer services offers fixed locked-in exchange rate. Xoom provides one of the fastest money transfer service to India in less than 4 hours if the transfer is made during the processing hours of Indian Banks. Coming to the various modes of sending money Xoom operates on a simple process. The basic requirement to send money through Xoom is that the recipient needs to have a bank account in India. You can send money from a US bank account, or via Debit and Credit cards, and the money can be sent to over 80 banks in India.

Paying with a bank account is cheaper than paying with a debit or credit card. Xoom also clarifies that it charges for the service of converting Dollar into Rupee and rounds the amount to the nearest rupee.

Checking the status of transfer is also easy through Xoom. Their new status tracking center called Status Trak helps you track the money transfer through regular updates via email, text, web, and mobile, and via round the clock phone support.

Xoom also provides certain incentives for its customers. Xoom offers a unique service that is literally available at the fingertips of the customers. It has free mobile app (Android and Apple) that enables the customers to send money in the most convenient manner from their mobile devices.

There is also no transfer fee charged for customers sending more than $1000 to India from their bank accounts. Xoom always maintains excellent ethical standards. Xoom as a company is wary of fraud and scams and draws a long list of warnings and hypothetical scenarios for its customers on their website. The company emphatically voices the agenda behind transferring money: The money should be transferred to only those people the sender knows and the money sent has to be used for legal and personal purpose only.

Xoom is a very modern company and provides transparency as far as rules, guidelines, fee structure, and money transfer process are concerned. Bottom line is that choices are limited for modes of transfer with Xoom, but if you want to send your money in a fast and secure manner, Xoom might be your answer.


Posted on June 22, 2016, 02:33 am

excellent customer service - fastest transfer . Rates are a tad lower

Posted on March 02, 2016, 09:18 am

Xoom is awesome, you send money from here, you instantly receive in your account. At the max they takes hardly an hour to send the money. I like them, Only thing which they can improve upon is their exchange rates, other companies are offering way more than them,

Posted on February 15, 2016, 06:17 am

Very fast, reliable and decent rate. All you want

Posted on January 25, 2016, 08:12 am

Simply Amazing!! Instant money transfer even with bank account transfer too. No time taken for additional -verification. Highly recommended.Also u will get your referral gift cards within a blink of your eye. :)

Posted on January 20, 2016, 02:30 pm

I had a very good experience , excellent one and it was very good. Customer support were very friendly too.

Posted on January 05, 2016, 08:56 pm

Excellent..on time

Posted on December 17, 2015, 12:53 pm

Awesome money transfer website, very user friendly. Highly secure, very fast

Posted on December 11, 2015, 06:34 pm

Xoom is simple and sexy. We all know there exchange rates are low but there service is gr8. If u need peace of mind go with them. Faster service (at least in my case multiple times). There notification system is awesome I get status updates on my email and as sms, I have used almost every money transfer service I feel these guys are gr8 and they take good commission for the hardwork they do. I usually do my transfers late night US time , I go to bed with peace of mind I know my money will reach safely :-) thank u guys

Posted on October 17, 2015, 12:04 pm

One of the best services I have used. Very smooth and easy to use. Customer support is very good. When requested, they increased my limits within a day and I was able to send money on time. Its super fast, when compared to others like WU, etc. First transaction takes 3-4 hours, but transaction after that were in few minutes. Although their transfer rate is not as great as others like Transferwise, but the service is very fast, Reliable, easy to use. And the best part, you do not provide any important documents like SSN (transferwise asks for this). Cheers!!

Posted on October 14, 2015, 06:09 pm

I dont believe in those fake comments. i never had any issues with Xoom Money transfer. i have been doing the transaction with Xoom and most of the time money transfer was instant. below is my recent transaction which got completed in less than a min. This is the 6th transaction that completed in less than a min and one took 30 min. Keep up the good work Xoom. way to go Transaction Timeline Time Zone: Date Activity October 14, 2015 6:01 PM Transaction Completed Details October 14, 2015 6:01 PM Transfer in Progress Details October 14, 2015 6:01 PM Payment Verified Details October 14, 2015 6:01 PM Xoom Processing Started Details