iCompareFX

  • Global Money Transfers
    • Personal Money Transfer
    • Business Money Transfer
    • Why Specialists?
  • Online Sellers
  • Reviews
    • Azimo
    • CurrencyFair
    • Currencies Direct
    • Currency Solutions
    • FC Exchange
    • FrontierPay
    • OFX
    • PayPal
    • Skrill
    • TorFX
    • TransferWise
    • Travelex
    • WorldFirst
    • WorldRemit
    • XE
    • XOOM
  • Comparison
  • Blog
  • About
    • Disclaimer
    • Contact Us
Home » Money Transfer Comparison » Should You Use WorldFirst or Xoom to Send Money Overseas?

Should You Use WorldFirst or Xoom to Send Money Overseas?

February 12, 2019 by iCompareFX Leave a Comment

Transparent spacing image size 100x150
  •    User Rating 
    TrustPilot or Feefo User Ratings
  •    Transfer Type
  •    Coupon

  •    Fee
  •    Speed
  •    Regular Payments
  •    Mobile App
  •    Min Transfer Amount

WorldFirst

World First Currency Transfer Logo 2018 150x100
  • 9.2/10
  • Online
    Phone
    One off transfers Regular transfers Forward contracts Currency options
  • NO FEES
  • Visit Website
  • NO FEES
    .
  • 1 - 3 Days
  • Their website is responsive so it auto-scales to your screen size.
  • £1000 / $1000 / €1000 / AUD$2000
Visit Website

XOOM

XOOM Money Transfer logo 100x150
  • 8.6/10
  • Online Only
    One off transfers Phone assistance available
  • Visit Website
  • USD$5 - 11
    Bank transfer vs debit card transfer to XOOM affects the XOOM money transfer fee applied.
  • 1 - 3 Days
  • Regular payments to PayPal registered merchants is possible.
    Regular payments to family or friends PayPal accounts is not currently possible.
  • Their website is responsive so it auto-scales to your screen size.
  • €/£/$1
Visit Website

WorldFirst Vs XOOM - Compare Money Transfer Services by iCompareFxThe process of carrying out an international money transfer has simplified significantly over the last couple of decades, mainly because of the arrival of several FinTech players in this realm. However, finding a service provider that suits you best is easier said than done. This WorldFirst vs. Xoom comparison gives you all the information you need to select the right company based on your individual requirements.

A good place to begin the Xoom vs. WorldFirst comparison is to take a look at how previous customers of these companies feel about the services they have received. While Xoom averages at 9.4 out of 10 on Trustpilot, WorldFirst gets and average score of 9.6 out of 10 on Feefo.

Given that both companies are rated well by their customers, you need to pay attention to various other aspects in selecting either Xoom or WorldFirst. These include:

  • Exchange Rates
  • Fees
  • Countries
  • Ease of Use
  • Security
  • Regular Overseas Payments
  • Coupons

Exchange Rates

You stand to get highly competitive bank beating rates no matter whether you select WorldFirst or Xoom. Determining which of the two does better in this aspect requires that you run a comparison shortly before your transfer. This is because of the volatile nature of the forex market.

WorldFirst

  • You may view live rate charts and graphs by using the WorldFirst website.
  • The company notifies you of the guaranteed rate that will apply on your transfer in advance.
  • You may sign up for free rate alerts.

Xoom

  • You may view existing exchange rates by using the Xoom online calculator.
  • You find out the rate that will apply on your transfer ahead of time.

Fees

This section of the WorldFirst vs. Xoom comparison tilts the scale in favor of the former because if offers fee-free personal transfers. However, WorldFirst has minimum transfer limits in place for some countries.

WorldFirst

  • Transfer fees vary depending on the type of account you open.
  • Personal transfers initiated from the UK, Australia, France, the Netherlands, Singapore, and Hong Kong attract no fees.
  • From Singapore, you need to transfer a minimum of SG $2,000.
  • From Hong Kong, you need to transfer at least HK $10,000.
  • Businesses and online sellers are required to pay nominal fees.

Xoom

  • Transfer fees may vary depending on where the recipient lives, the amount you wish to transfer, the mode of payment, and the transfer method.
  • Paying for your transfer using a card tends to come with an added fee.
  • Fee-free limits apply on some destination countries.
  • An online calculator gives you easy means to check how much your transfer might cost.

Countries

Where you live might have a bearing on whether you may select Xoom or WorldFirst.

WorldFirst

  • WorldFirst lets you sign up from a number of countries.
  • Its complete list of supported currencies is available online.
  • It no longer accepts customers from the U.S.

Xoom

  • Xoom accepts customers only from the U.S.
  • You may use its services to send money to most countries the world over.

Ease of Use

This section of the Xoom vs. WorldFirst comparison rates both companies well. Registering with them is fairly simple, as is using their services. Both companies provide apps for devices that run on iOS and Android.

WorldFirst

  • Depending on where you live, you may sign up as an individual, a business, or an online seller.
  • The company operates multilingual region-specific websites for the UK, the Netherlands, France, Australia, Hong Kong, Singapore, Japan, and China.
  • Acceptable payment methods include bank account transfers, debit cards, credit cards, BACS, and CHAPS.

Xoom

  • The company operates a multilingual website.
  • It serves only individuals.
  • It accepts payments only in U.S. dollars.
  • You may pay via a bank account transfer, a debit card, or a credit card.
  • Destination country-specific transfer methods include transfers to bank accounts and agent locations.
  • You may use the services to this company to pay overseas bills and reload mobile airtime from different countries.

Security

Both companies rate well in this section of the WorldFirst vs. Xoom comparison. Their websites and apps make use of high level encryption to safeguard the online transmission of information.

  • WorldFirst has the required licenses issued by the UK Financial Conduct Authority (FCA), the Financial Transactions Reports Analysis Centre of Canada (FINTRAC), the Australian Securities and Investments Commission (ASIC), the Monetary Authority of Singapore, and the Hong Kong Customs and Excise Department.
  • Xoom is registered with the U.S. Financial Crimes Enforcement Network (FinCEN), and it has the required licenses to provide its services if most American states.

Regular Overseas Payments

This aspect might have a bearing on whether you may select WorldFirst or Xoom. While WorldFirst lets you schedule transfers easily, Xoom is yet to start offering this service.

Coupons

Selecting either Xoom or WorldFirst might lead to additional savings in different ways.

  • WorldFirst gives its customers the ability to earn rewards through its referral program.
  • Xoom gives you the opportunity to earn Amazon eGift cards through is referral program.
Go to top

Learn More

  • Learn more about Azimo Vs WorldFirst.
  • Looking for an alternative to WorldFirst?
  • Catch up on the WorldFirst awesome services and feature offerings

WorldFirst Vs Xoom Updates

  • 12 February 2019: WorldFirst cease supporting USA business and personal customers on 20th November.
Show more
Show less

Related Posts:

  • Review and Compare International Money Transfer
  • WorldFirst Review for Money Transfer & Currency…
  • CurrencyFair Review | Leading Global Money Transfers
  • iCompareFX | Best Expat Blog of 2017 Awards
  • Transfer Money Overseas – The Smart Way
  • XE Competitors and Alternatives | Compared
  • Payoneer Competitors and Alternatives | Compared
  • XOOM Competitors and Alternatives | Compared
  • OFX Competitors | What If You Don’t Want to OFX It?
  • Travelex Competitors and Alternatives | Compared

Filed Under: Money Transfer Comparison Tagged With: Compare Money Transfer, Worldfirst, Xoom

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

iCompareFX.com Sidebar Graphic

Search Articles…

Exclusive Coupons
Transferwise: £3000 Free Payment

WorldRemit: Fee Free Transfer

WorldFirst: 2 Fee Free Transfers

CurrencyFair: 5 Fee Free Transfers

InstaReM: $10 Off Your First Transfer

Payoneer: $50 Coupon!
Top 5 Trending Articles
1. OFX Review

2. TorFX Review

3. TransferWise Vs CurrencyFair

4. WorldFirst Vs TransferWise

5. Western Union Competitors

Top Transfer Reviews
CurrencyFair
TransferWise
OFX (Formerly OzForex)
FrontierPay
HiFX
OzForex
USForex
UKForex
CanadianForex
NZForex
Currencies Direct
TorFX
WorldFirst
Azimo Money Transfer
FC Exchange
WorldRemit
XOOM
Currency Solutions
Moneycorp
RationalFX
Ria
FairFX
InstaReM
OrbitRemit
EasyFX
TransferMate
MoneyGram
Western Union
XendPay

Country Guides

Australian Flag for Money Transfer Country Guide Australia
Indian Flag for Money Transfer Country Guide India
Nigerian Flag for Money Transfer Country Guide Nigeria
Filipino Flag for Money Transfer Country Guide Philippines
Switzerland Flag for Money Transfer Country Guide Switzerland
British Flag for Money Transfer Country Guide United Kingdom

More Guides…

Currency Pairs Guides

USD-INR currency pairs USD-INR
GBP-EUR currency pair GBP-EUR
AUD-INR currency pair AUD-INR

More Guides…

Guides & FAQs

Sending money from PayPal to Transferwise


A guide to receiving international payments


How to same day overseas money transfers work


A guide to minimizing foreign exchange risk


More guides…

Recent Posts…

  • Review and Compare International Money Transfer
  • WorldFirst Review for Money Transfer & Currency…
  • CurrencyFair Review | Leading Global Money Transfers
  • iCompareFX | Best Expat Blog of 2017 Awards
  • Transfer Money Overseas – The Smart Way
  • XE Competitors and Alternatives | Compared
  • Payoneer Competitors and Alternatives | Compared
  • XOOM Competitors and Alternatives | Compared
  • OFX Competitors | What If You Don’t Want to OFX It?
  • Travelex Competitors and Alternatives | Compared

Best Expat Blog Awards 2017

iCompareFX.com Expat Blog Award 2017

Related Posts

  • Review and Compare International Money Transfer
  • WorldFirst Review for Money Transfer & Currency…
  • CurrencyFair Review | Leading Global Money Transfers
  • iCompareFX | Best Expat Blog of 2017 Awards
  • Transfer Money Overseas – The Smart Way
  • XE Competitors and Alternatives | Compared
  • Payoneer Competitors and Alternatives | Compared
  • XOOM Competitors and Alternatives | Compared
  • OFX Competitors | What If You Don’t Want to OFX It?
  • Travelex Competitors and Alternatives | Compared

iCompareFX.com is Social!

iCompareFX.com Money Transfer Review Apps

Apple App Store Badge for iCompareFX iOS AppGoogle Play Badge for iCompareFX Android App

DMCA.com Protection Status

Recent Comments

  • Patrick on WorldRemit Vs Western Union – Are There Reasons to Select One Over the Other?
  • Russell Smith on How to Send Money from PayPal to TransferWise
  • Basil on How to Send Money from PayPal to TransferWise
  • Belle Smith on TransferWise Review for Online Money Transfer Services
  • Martin1 on TransferWise Vs Revolut – Is One Better Than the Other?

This is an information service. By browsing on the website and/or using our comparison tools and articles, you are asking CompareIQ to provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with CompareIQ. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details. CompareIQ may receive fees or other benefits in relation to activity on the iCompareFX.com website. CompareIQ may receive remuneration for vendor referral links.    TOS | Disclaimer | Privacy Statement | Facebook | Twitter @iCompareFX

Copyright © 2019 · eleven40 Pro Theme on Genesis Framework · WordPress · Log in

  • Global Money Transfers
  • Online Sellers
  • Reviews
  • Comparison
  • Blog
  • About