Hi, I would like to transfer some money from my paypal account to INR. Can I use Xoom? Is it safe? or any other methods available? Let me know. thanks
Xoom is really safe & the best method for converting to INR for indian users & the cheques u get it really super fast... It is Recommended by me
I would recommend it to...if u try withdrawing your money today u will have your cheque within 3-4 days actually before that. Although i would suggest u to use the cheque feature only cause i have heard xoom doesn't allow direct deposit and cash pickup methods for intra india!
Just to mention, bank deposits and cash withdrawls both are available to indians. However pick up facility id only available if the money "sent" is from abroad (Read remittance) Hope this clarifies the situation. Al
Yes XOOM is 100% safe and if your transaction gets cancelled also you will get the full refund in your paypal account within 12 hrs. If you need further help do contact me Thanks
I do not recommend XOOM. They give a low exchange rate for your dollar. Just yesterday i requested a 1100 USD check from paypal. They offered an exchange rate of 40.7 INR. when i checked it with XOOM, they were giving 39.7 INR. So 1100 USD meant that i had to give up 1100 INR. Not fair! Also paypal charges 5$ per check issued, whereas XOOM charges 8$ per transfer. So if I had used XOOM, I would have faced a loss of 1100 INR plus 3 USD service charge that totals to 1220 INR approx. I recommend Paypal!
You should know 1 thing that exchange rates change from time to time and there is only $1 difference. Anyways i like XOOM service and it depends on people whether they like or not. Goodluck Can you tell me me 1 thing,after getting the paypal check in INR,from which bank or from where you can encash the check and get cash
Sorry but i did not understand what you meant by 'there is only 1$ difference'?? I checked the exchange rates at the SAME time. Paypal said 40.70 and XOOM said 39.70. I dont think anyone would give away 1100 rupees on 1100 dollars so easily. 1100 rupees mean a lot in india. Don't you agree? Regarding your question, I deposit my checks in my HDFC bank accout. It takes 4-5 days to get the money deposited in my account.
Well, I have been using xoon from almost a year and its safe for fast and smooth transactions. Moreover paypal check reaches at your door step in 10-40days. so i recommend xoom for fast and safe transactions Second, I would say,fata error, you check can only be cleared in 4-5 days if you have CITI bank in same city you have account, if not then it may take upto another 15days to get your cheque cleared. Moreover, if you are using xoom from & to both india...only bank deposit & cheque are the options available. They why not bank deposit. money will reflect in your account with 3-4 business days after your transaction. Cheers!
I am not agree with FatalError at all. I think you are having Fatal Error in your mind. ... LoL... I will highly prefer Xoom as you will get your money in your Bank within 3-4 days. I think should be better then waiting for 30-40 days for Paypal Checks.. You will get your money within 30 minutes if you use Cash PickUp.
I do not have CITI BANK in my city, but the amount was deposited within 7 days. I don't find anything wrong with that! I just want to say that no doubt XOOM is fast, but apart from being fast, there is no other feature that can be talked about.
Please think before you post! You are not agreeing on what? Please mention that so that I can reply you! And yes.. get your facts right buddy. Paypal checks take 7 days to reach me and another 7 days to get cleared. Maximum 15 days is all it takes. Who says 40 days? I guess you have not received a single Paypal check yet!