PayPal is no stranger to transacting funds overseas, but it had to be between two PayPal accounts. Senders can fund their money transfer with a credit card, debit card or bank account. Transfer fees ultimately allow PayPal, MoneyGram, and Xoom to be profitable. Xoom users will now be able to send money to friends and family using their PayPal account. While some can be thought of as service charges, other transfer fees are derived from other fees, such as international currency exchange fees, that are passed on to the individual. Type the amount of money you want to send in Section 2 under 'How much do you want to send, by entering an. If your recipient does not live in one of the countries in the list, you cannot send money to them using Zoom. Transfer fees are standard charges collected by these money transfer platforms in order for them to be profitable. Choose a money transfer destination country from Section 1 of the 'Send Money' drop down box list. For example, to send 200 to Mexico costs 2. Xoom Money Transfers is designed to send your money where it needs to be, fast.

In many cases, the recipient will get the access to money transferred within minutes. Fees for sending money by Xoom vary by amount, payment type, delivery type and country. Our complete and comprehensive review of Xoom Money Transfers (owned by PayPal) and growing in popularity. Somewhere between 4-6 - best to check it against an online currency converter. Minimum of 1.99, but can rise substantially depending on currency and transfer amount. Online platforms aren't the only way to transfer money and you can turn to other more affordable options. Xoom money transfer service offers faster turnaround compare to many banks. 0 - 10, depending on currency and transfer amount.Xoom charges $5.99 for transactions up to $999, and $9.99 for transactions over that amount.MoneyGram fees range from $1.99 if no debit or credit card is used.PayPal does not charge a fee if both sender and recipient have a PayPal account and the funds do not come from a debit card, credit card, or PayPal credit.PayPal, MoneyGram, and Xoom are the three leading money transfer services that can be used to send money to recipients in the United States and overseas.