When it comes to transferring funds overseas, turning to the online world presents you with a plethora of options. Whether you choose Azimo or Xoom, you can be certain of receiving a more favorable deal compared to what your bank has to offer. However, which of the two should you use for your next overseas fund transfer? The Xoom vs. Azimo comparison on Trustpilot shows that while customers of both companies are largely satisfied with the services they receive, one company fares slightly better than the other. The average score of Azimo on this platform is 9.0 out of 10, whereas Xoom garners an 8.6 out of 10. The different sections this comparison will help you decide if Xoom or Azimo is better for you:
- Exchange Rates
- Ease of Use
- Regular Overseas Payments
International Money Transfer Fees
While the exchange rate affects the cost of your transfer, so does the fee you have to pay. Since both companies follow different fee structures, this section of the Azimo vs. Xoom comparison requires particular attention.
- Use the calculator on the Azimo website to find out the fee amount.
- The destination country and the chosen transfer method will have an effect on the fees Azimo charges. For example, you have to pay more for a SWIFT transfer compared to an electronic bank transfer.
- Get more information by checking the Azimo review.
- Fees Xoom charges depend on the payment method, the destination country, and the amount transferred.
- Paying via a debit card or a credit card will cost more than paying through your bank account.
- Transfers to some countries do not attract any fees, as long as the transfer amount exceeds a predetermined limit.
- Check how much you have to pay under differing circumstances by using the Xoom calculator.
Ease of Use
If you want to pay for your transfer in a currency other than U.S. dollars, this Xoom vs. Azimo comparison favors the latter. Both companies provide different transfer methods and website access in foreign languages.
- You can sign up with Azimo by using your Facebook account.
- Access to the Azimo website is offered in Dutch, English, French, Italian, Polish, Portuguese, Romanian, Russian, Spanish, and Turkish.
- Azimo accepts payments in different European currencies, which include Great Britain pounds, Euros, Danish krone, Norwegian krone, Swedish krona, and Swiss francs.
- Azimo accepts payments via electronic bank transfers, and you can also pay using your debit or credit card.
- As a resident of the Netherlands, you can pay via iDEAL.
- Residents of Spain and Italy have the option of paying via Trustly.
- Germans and Austrians can use Sofort Überweisung.
- Depending on the destination country, you can use Azimo to transfer funds via electronic bank transfers or SWIFT.
- In some countries, Azimo transfers funds to cash pick-up centers. It also lets you top off mobile wallets and prepaid mobile phone numbers.
- You can use Azimo apps with iOS and Android devices.
- You can use the Xoom website in Chinese, English, French, Portuguese, Spanish, and Vietnamese.
- Xoom accepts payments only in U.S. dollars.
- Transfer methods offered can vary according to the destination country. Options include transferring funds to bank accounts or cash pick-up centers, and topping off mobile phones.
- Customers from the U.S. can use Xoom to pay bills from a number of other countries.
- The company provides apps for Android and iOS.
Regular Overseas Payments
Pre-scheduling transfers is not possible regardless of whether you choose Azimo or Xoom. Neither company provides this service yet. To fulfill this requirement, you can turn to TorFX, OFX, HiFX, World First, or Currencies Direct instead.
- Get more useful insights by reading Azimo Competitors and Alternatives.
- Who is OFX.com and would you transfer money with them?
- Is CurrencyFair similar to TransferWise?
- Is there anyone better than TransferWise?