Xoom

with Vance

A Comprehensive Review for 2024

Compare

Xoom

Money Transfer Rate vs Vance

Provider
Exchange rate
1
GBP
INR
Transfer fee
Recipient gets
104.55
AED
£
3.00
101,360.00
104.05
AED
£
5.50
101,360.00

Save ₹

305

by using Vance
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A quick comparison

Vance vs

Xoom

Transfer fee
Service Reach
Primarily targeting in India
Over 160 countries
Transaction Speed
24/7 service with fast transfers, typically within minutes.
Speed varies by country, payment method, and verification, typically within 1 to 2 days
Payment Methods
Bank deposits
Bank deposits, cash pickup, delivery, reloads, pay bills
Fees
Promotes a flat fee structure with no hidden charges.
Clear, upfront pricing; exact fees and recipient amount shown
Security & Privacy
Employs 256-bit encryption and partners with regulated financial institutions.
Strong emphasis on security with encryption, fraud monitoring
Customer Support
24/7 customer support is available
24/7 customer support is available
Additional Services
NRI Banking and Investment options
Additional services like bill payments and mobile reloads
User Interface
Has a simple and direct approach
Is a part of PayPal, and integrates PayPal's services

Xoom

: Overview and how it works

Xoom is an online international money transfer service that enables users to send money globally quickly and securely. With Xoom, users can send money to over 130 countries, with options for bank deposits, cash pickup, and mobile top-ups. Backed by PayPal, Xoom provides a practical solution for international transactions by offering competitive exchange rates and clear fees.
  Here's a quick overview of how
Xoom
works:
01
Sign Up/Login
Begin by signing up for an account or logging in if you already have one.
02
Start a Transfer
Enter the amount you want to send, and choose the country of the recipient.
03
Enter Recipient Information
Provide details about the recipient including how they should receive the money (e.g., bank deposit, cash pickup).
04
Payment Details
Choose your payment method (bank account, debit card, or credit card).
05
Confirm and Send
Review the transaction details, including fees and the exchange rate, then confirm and send the money.
06
Tracking
Track your transfer through updates via email or text notifications until the recipient has received the funds.

Vance: Your Global
Money Transfer Solution

Vance is a seamless platform designed for fast, reliable, and cost-effective international money transfers. Our platform is tailored for those who value speed, reliability, and transparency. We simplify cross-border transactions, offering a streamlined process from start to finish.

Whether you're sending money to family overseas, paying international suppliers, or managing global investments, Vance makes it easy and cost-effective.

What does Vance offer

Competitive Exchange Rates
Vance offers top exchange rates, maximizing value for currency conversions.
Fast and Reliable Transfers
The platform maintains low costs with minimal transfer fees, making it cost-effective for international money transfers for both personal and business use.
Low Transfer Fees
Ensuring quick and dependable money transfers typically within minutes, crucial for time-sensitive transactions.
User-Friendly Application
Vance features a clean, intuitive interface that simplifies managing international transactions, making it accessible even for users with minimal technical skills.
Transparent Pricing
Providing transparent pricing, showing all costs upfront without hidden fees, which builds trust and facilitates informed financial decisions.
Safety and Security
Advanced security measures like 256-bit encryption to safeguard users' funds and personal information against fraud and unauthorized access.

How Vance works

Choose the best app to send your money
Add recipient and get verified on the app
Send money and complete the transfer

Frequently Asked Questions

What makes Vance different from Xoom regarding international money transfers?

Vance focuses on the financial needs of Non-Resident Indians, offering investment services and digital banking along with money transfers. Xoom, on the other hand, specializes in fast international money transfers across a broader geographic range and offers bill payments and mobile reloads.

How quickly can funds be transferred through Vance compared to Xoom?

Both Vance and Xoom offer fast transfer services, with instant or same-day transfers possible for certain routes and methods.

In which countries is Vance available compared to Xoom?

Vance currently supports transfers from GBP to INR and AED to INR, with expansion plans. Xoom operates in over 160 countries, providing a much broader service area.

What type of customer service does Vance provide compared to Xoom?

Vance offers 24/7 support through email and in-app chat. Xoom offers multiple support options, including phone, email, and an online help center.

What are some of the innovative features that Vance offers that Xoom does not?

Vance provides a comprehensive platform for NRI banking and investments, which Xoom does not offer. Vance also offers competitive rates close to real-time Google exchange rates.

How does Vance ensure the security of my transactions compared to Xoom?

Vance uses 256-bit encryption and partners with regulated financial institutions to secure transactions. Xoom, as part of PayPal, also ensures high security standards including encryption and fraud monitoring.

80,000+ NRIs
trust Vance

Vance is the preferred app among 80,000+ NRIs in the UK and UAE for sending money to India. Download Vance today.
Get started now

80,000+ NRIs
trust Vance

Vance is the preferred app among 80,000+ NRIs in the UK and UAE for sending money to India. Download vance today.
Get started now

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