Remitly vs Xoom: Fees, Exchange Rates, and Features Compared

Who should you pick?

Here's a quick outline of both.

Exchange rates and fees

Both combine exchange-rate costs with transfer fees, while Remitly's promotions and Xoom's fee waivers can lower what you pay.

Remitly's first-transfer promotions can improve the amount received, while Xoom has fee-free options tied to your destination and payment method.

Here are their current fees, exchange rates and recipient amounts for $500 and $2,000 transfers to popular destinations.

Amount

AmountUSD 500USD 2,000Custom

Last updated at 10/12/2026

USD MXN

Mid Market Rate $1 = $18.4121$1 = $18.4141

Transfer Amount $500$2,000

1

Remitly

Xoom

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

$9,110.00

$0.00

18.2200

1.05%

-

Minutes - 3 days

Visit

$8,592.45

$0.00

17.1849

6.89%

-

Minutes - 24 hours

$36,440.00

$0.00

18.2200

1.06%

-

Minutes - 3 days

Visit

USD INR

Mid Market Rate $1 = ₹95.731$1 = ₹95.7961

Transfer Amount $500$2,000

1

Remitly

Xoom

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

₹47,820.00

$0.00

95.6400

0.10%

-

Minutes - 3 days

Visit

₹47,498.03

$1.89

95.3565

0.39%

-

Minutes - 24 hours

₹191,300.00

$0.00

95.6500

0.15%

-

Minutes - 3 days

Visit

USD PHP

Mid Market Rate $1 = ₱62.814$1 = ₱62.8085

Transfer Amount $500$2,000

1

Remitly

Xoom

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

₱31,070.00

$0.00

62.1400

1.08%

-

Minutes - 3 days

Visit

₱32,122.00

$0.00

64.2440

-2.25%

-

Minutes - 24 hours

₱124,280.00

$0.00

62.1400

1.07%

-

Minutes - 3 days

Visit

USD PKR

Mid Market Rate $1 = Rs 276.7435$1 = Rs 276.7435

Transfer Amount $500$2,000

1

Remitly

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

Rs 138,555.00

$0.00

277.1100

-0.13%

-

Minutes - 3 days

Visit

Rs 554,220.00

$0.00

277.1100

-0.13%

-

Minutes - 3 days

Visit

USD BDT

Mid Market Rate $1 = ৳123.2295$1 = ৳123.2295

Transfer Amount $500$2,000

1

Remitly

Xoom

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

৳61,440.00

$0.00

122.8800

0.28%

-

Minutes - 3 days

Visit

৳59,630.77

$3.99

120.2209

2.47%

-

Minutes - 24 hours

৳245,760.00

$0.00

122.8800

0.28%

-

Minutes - 3 days

Visit

USD GTQ

Mid Market Rate $1 = Q 7.6405$1 = Q 7.6405

Transfer Amount $500$2,000

1

Remitly

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

Q 3,773.65

$0.00

7.5473

1.23%

-

Minutes - 3 days

Visit

Q 15,094.60

$0.00

7.5473

1.23%

-

Minutes - 3 days

Visit

USD DOP

Mid Market Rate $1 = $60.5688$1 = $60.5688

Transfer Amount $500$2,000

1

Remitly

Xoom

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

$29,695.00

$0.00

59.3900

1.97%

-

Minutes - 3 days

Visit

$28,265.25

$0.00

56.5305

6.90%

-

Minutes - 24 hours

$118,780.00

$0.00

59.3900

1.97%

-

Minutes - 3 days

Visit

USD COP

Mid Market Rate $1 = $3,204.51$1 = $3,204.51

Transfer Amount $500$2,000

1

Remitly

Xoom

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

$1,577,175.00

$0.00

3154.3500

1.58%

-

Minutes - 3 days

Visit

$1,574,666.95

$0.00

3149.3339

1.74%

-

Minutes - 24 hours

$6,308,700.00

$0.00

3154.3500

1.58%

-

Minutes - 3 days

Visit

USD GBP

Mid Market Rate $1 = £0.7551$1 = £0.7551

Transfer Amount $500$2,000

1

Remitly

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

£377.00

$0.00

0.7540

0.14%

-

Minutes - 3 days

Visit

£1,508.00

$0.00

0.7540

0.14%

-

Minutes - 3 days

Visit

USD EUR

Mid Market Rate $1 = €0.8928$1 = €0.8928

Transfer Amount $500$2,000

1

Remitly

Xoom

1

Remitly

They get (after fees)

Transfer fees

FX Rate

Markup

Cheapest payment method

Delivery time

€445.45

$0.00

0.8909

0.21%

-

Minutes - 3 days

Visit

€410.50

$0.00

0.8210

8.38%

-

Minutes - 24 hours

€1,782.00

$0.00

0.8910

0.21%

-

Minutes - 3 days

Visit

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Xoom live exchange rates and fees

Xoom adds an exchange-rate markup and charges a transfer fee unless your payment qualifies for a fee waiver.

For example, sending dollars from a PayPal balance to a Mexican bank account, eligible debit card or mobile wallet has no Xoom transfer fee.

The exchange-rate cost still applies, so a zero transfer fee does not establish that Xoom delivers more pesos than Remitly.

These examples show Xoom's current pricing for different transfers, with larger amounts requiring the appropriate sending level.

Remitly live exchange rates and fees

Remitly also adds a markup to its exchange rate, with transfer fees changing by destination, amount and delivery option.

The following Remitly figures use promotional rates and fees, so they show what an eligible first transfer can deliver.

Eligible PYUSD-funded Xoom transfers have no Xoom transaction fee, but converting dollars into the recipient's currency still involves Xoom's exchange rate.

I think Xoom's strongest cost benefit is using money you already hold in PayPal, rather than assuming its fee waiver guarantees the cheapest transfer.

Use the received amount in the live comparison to see which service delivers more for the amount and destination you need.

Transfer speed

Both can deliver within minutes, and Xoom's bank deposits are not automatically slower than Remitly's Express transfers.

Remitly transfer speed

Remitly Express uses card funding for faster delivery on supported transfers, while bank-funded options can take longer to reach your recipient.

These Remitly transfer times cover the same destinations and amounts as the pricing examples above.

Xoom transfer speed

Xoom supports quick bank deposits, cash pickup and mobile-wallet payments, with timing changing by destination and the payment partner.

Its current delivery times show the options available for the same dollar amounts.

Xoom may wait up to three business days for bank funding on larger transfers before sending the money to your recipient.

Using an eligible PayPal balance avoids that bank-funding step, but your transfer can still need verification or wait for the receiving partner.

With either company, cash ready for pickup is only accessible when your recipient can reach an open collection location.

For urgent transfers, the delivery estimate for your chosen payment and collection method gives you a stronger answer than either company's general speed claim.

Transfer limits

Remitly allows substantially larger personal transfers, with a maximum of $300,000 compared with Xoom's highest $50,000 allowance over 24 hours.

Remitly's available amount depends on your verification, funding method and destination, including any lower limit applied by the receiving service.

Xoom has three US sending levels, with each level limiting your total transfers over 24 hours, 30 days and 180 days.

These periods run across your transfer history, so the $50,000 allowance is not available again each time you start a new payment.

Reaching a higher Xoom level requires additional identity information, with the highest level also requiring income or bank documentation.

The recipient's bank, cash location or wallet can apply a lower limit, even after Xoom approves your higher sending level.

I suggest Remitly for a payment above Xoom's daily maximum, rather than splitting it into smaller transfers to work around that restriction.

Our guide to sending a large amount overseas explains the documents and receiving details to prepare before making a larger payment.

Products & features

Remitly offers more account features, while Xoom adds PayPal funding, prepaid phone reloads and bill payments alongside international transfers.

Both support bank deposits, cash collection and eligible mobile wallets, so Xoom is not limited to payments between PayPal accounts.

Global reach and delivery

Remitly reaches 175+ destinations compared with Xoom's 150+, while both let you send from 33 countries.

Xoom also supports sending from Gibraltar and five French territories, with the available transfer services depending on your location.

For transfers from the US, both offer several ways to receive money, depending on the destination.

I think Xoom is particularly strong for supporting family in Latin America, combining local receiving options with phone reloads and bill payments.

For example, you can send money to Mexico for cash pickup at OXXO or Elektra, bank deposit, or delivery to Mercado Pago and Spin by OXXO wallets.

In Guatemala, options include cash pickup and bank deposits through Banrural and Banco Industrial, alongside eligible debit-card deposits.

Remitly also serves these destinations, so the local bank, wallet or pickup location your family uses can help you choose between them.

Deposit and funding methods

Xoom is better if you want to pay from PayPal, while Remitly adds eligible Apple Pay and Google Pay funding.

Logging in with PayPal lets you use eligible linked payment methods, but it does not make every PayPal payment option available on Xoom.

Your PayPal balance must cover the full transaction and fee in the sending currency before it appears as a funding option.

PYUSD is available to eligible US customers outside Hawaii who link Xoom to a PayPal Balance account enabled for cryptocurrency.

Xoom sells your PYUSD for dollars to fund the payment, while your recipient receives the selected payout currency through their chosen delivery method.

If that payment fails or is canceled, the proceeds return as dollars rather than PYUSD.

Credit-card issuers can charge cash-advance fees, so card funding may add a cost outside the transfer service's displayed fee.

Wallets, cards and borrowing

Remitly is better for keeping money ready to send and adding card spending, while a Xoom account does not hold your funds.

Remitly's older US Wallet holds dollars without add, withdrawal or access fees, although transfer fees and exchange-rate costs still apply.

Its newer Global Card uses a separate Stripe-powered wallet, with a Visa debit card issued by Lead Bank.

The basic Card has no monthly fee or minimum balance, and foreign purchases use Visa's exchange rate without an added foreign transaction fee.

Eligible invited customers can access the Card, while other customers can join a waitlist as access expands.

The optional $9.99 monthly plan includes eligible Pay Later borrowing through Coastal Community Bank, with transfer fees and repayment conditions applying separately.

I would not pay for that plan simply to make occasional transfers, since both Remitly and Xoom already let you send without a monthly membership.

Xoom's connection to PayPal does not turn the Xoom account into a PayPal balance, card or borrowing account.

Phone reloads and bill payments

Xoom is better for paying a supported bill or reloading prepaid phone credit directly, rather than sending cash for those expenses.

Available bills depend on the destination and payment company, with utilities such as electricity, water and phone service among the supported categories.

A phone reload adds prepaid service credit, so your recipient cannot use it as cash for another expense.

For family in Mexico, you can pay supported utility bills or reload phone credit directly, alongside sending money for their other expenses.

Business accounts

Remitly is the choice for business payments here, with a separate US Business service, while Xoom prohibits commercial use.

Eligible sole proprietorships, LLCs and corporations can apply for Remitly Business to pay international suppliers or contractors.

It has no setup or monthly fee, with bulk payments and Send by Link helping you pay several recipients or collect their details.

Having a PayPal business account does not remove Xoom's commercial-use restriction, so supplier payments need a separate business payment service.

The personal prices shown above do not establish Remitly Business pricing, which has its own account checks and transfer costs.

Customer service

Remitly offers broader phone access, with 24/7 support and complimentary Concierge help after qualifying US transfers of at least $5,000.

Xoom's US phone support covers English, Spanish and Filipino, while other language and messaging availability follows the relevant support hours.

An anytime messaging option does not promise an immediate reply, particularly outside the support team's business hours.

Remitly's Concierge access lasts 90 days after your latest qualifying transfer, giving you specialist help without a separate subscription.

For larger or time-sensitive payments, I think Remitly's longer phone availability is a stronger distinction than either company's general support claims.

Ease of use

Xoom is easier to start with if you already use PayPal, while Remitly brings transfers and its separate account products together.

Both have apps and web access, letting you save recipient information and track a transfer without your recipient opening their own account.

Xoom can reuse eligible PayPal payment methods, reducing the details you need to enter when you first set up a transfer.

You can also create a Xoom account separately, so a pre-existing PayPal account is not required to start sending money.

Remitly's Send with Text lets selected US customers share a link so recipients can choose an available bank, wallet or cash collection option.

That helps when your recipient knows the most convenient payout option and you do not have all their receiving details.

For repeat family payments, both saved-recipient flows can save time, while Xoom's main setup advantage comes from your existing PayPal relationship.

Safety and regulations

Both operate under US money-transfer rules, but using Xoom does not give your transfer PayPal's purchase or buyer protection.

Xoom's US service is provided by PayPal, Inc., while Remitly operates through its US money-transmission registrations and applicable state licenses.

Both use security checks and fraud controls, which can delay a payment when the company needs more information about you or the transfer.

Xoom's terms exclude PayPal Purchase Protection, Buyer Protection and Seller Protection, including when you pay from a PayPal balance.

That makes Xoom unsuitable for buying from an unfamiliar seller, even if the seller asks you to use it because PayPal owns the service.

Remitly's Wallet and newer Card wallet have separate terms, so their balance protections should not be treated as identical.

For either service, verify the recipient yourself before sending, especially when someone pressures you to pay unfamiliar account details urgently.

Reviews and feedback

Remitly scores slightly higher on the US App Store, while both have the same headline ratings on Trustpilot and Google Play.

Reviews for both include praise for straightforward transfers and quick delivery, alongside complaints about verification, payment delays or pricing.

I would give your recipient's delivery option and the transfer's total cost more weight than the small difference between the app ratings.

Heres what our users have to say about both companies.

Alternatives

These alternatives cover currency accounts, in-person transfers and larger payments when Remitly or Xoom does not fit the way you need to send.

Our Remitly vs Wise comparison explains how a currency account changes the choice when you also receive money from abroad.

Use the live comparison above to see the latest Remitly and Xoom recipient amounts for your destination.