How much does it cost to send money to the Philippines?
To send money in USD to Philippines, you pay a small, flat fee of 6.64 USD + 0.57% of the amount that’s converted (you’ll always see the total cost upfront).
How much is the transaction fee for Xoom?
Xoom charges $5.99 for transactions up to $999, and $9.99 for transactions over that amount.
What is the best way to send money to the Philippines?
Xoom, a Paypal service is the fastest and the most secure way to send money to the Philippines. It takes only up to an hour to complete a Cash Pickup and 4 hours for Bank Deposits. You can pay using your credit card, debit card, or bank account.
How long does Xoom take to transfer money to Philippines?
Deposits are available in minutes to Metrobank and PNB, in one hour to BDO and in a few hours to Bank of the Philippine Islands (BPI). Money arrives the same or the next business day for all other banks. Home delivery (in Peso only) is same day or within 6 hours to Metro Manila, one to two days to most provinces.
What is the cheapest way to send money to Philippines?
Cheapest Way to Send Money
|Transfer Method||Amount Sent (USD)||Transfer Fees|
|Western Union||$1,000||$4 – $10|
How do I send money to the Philippines using Xoom?
Step 1: Just open the App Store or Google Play. Step 2: Download the free Xoom app. Step 3: Start sending money and reloading phones to the Philippines wherever you go with a few taps and slides right from your mobile device.
What is the limit for Xoom money transfer?
Residents of the United States
|Level||24-hr limit||Required information and documents|
|1||2,999 USD||Sender profile information|
|2||10,000 USD||Social Security number or passport|
|3||50,000 USD||1. Driver’s license, passport, or Green Card 2. Either a bank statement or a pay stub 3. Answer the security questions Xoom sends by email|
How much money can you send thru Xoom?
|Level||24-hour limit||30-day limit|
|1||2,999 USD||6,000 USD|
|2||10,000 USD||20,000 USD|
|3||50,000 USD||60,000 USD|
Is Xoom cheaper than Western Union?
✅Verdict: Xoom tends to have more competitive exchange rates
In the Xoom vs Western Union comparison we’ve conducted, Xoom does tend to have more competitive exchange rates than Western Union, although this could change depending on what country you are sending to.
How can I transfer money to the Philippines bank account?
How to transfer money to a Philippines bank account?
- Choose our ‘Bank Deposit’ service and select the bank* you want to pay money into.
- Choose the amount of money you want to send.
- Enter the bank details of the person you’re sending to.
- We’ll send you and your recipient an SMS notification once your transfer has been made.
Can Xoom send money to bank account?
Xoom customers in the U.S. can now send money directly to a recipient’s eligible bank account or debit card in the U.S.
What is the best money transfer service?
What Is the Best Way to Transfer Money Internationally?
- Transferwise. Transferwise is one of the cheapest ways to send money internationally. …
- Remitly. Remitly is another option to send money overseas fast as they offer an economy and express option. …
- Ria. …
- Western Union. …
- PayPal. …
- OFX. …
- Xoom. …
Does Xoom send money instantly?
Xoom is fast. Money can arrive within minutes in most cases, even transfers funded with bank accounts, which can take as long as a week with some competitors. High transfer limits for verified accounts. Send up to $50,000 per day to a recipient’s bank account by verifying personal information through Xoom.
Is Xoom money transfer safe?
Is Xoom safe? Xoom is an international money transfer service administered by PayPal, a trusted company. You can use its encrypted website to send money to over 70 countries. While fees can be high for sending money from your debit or credit card, Xoom does not charge fees for transfer from your PayPal or bank account.
Is Xoom transfer instant?
You can send money any time on Xoom. However, if you send more than 10,000 USD after 4:00 PM PT, bank processing will begin on the next business day, followed by the additional 2-3 business days to settle funds with your bank. Xoom never closes, but banks do have hours of operation.