Xoom or Check ?

I am withdrawing my PayPal funds for the first time

I stay in India

So I am wondering whether I should order it by Xoom or PayPal check ??

Whats the difference in the pricing ?

 

which bank do you want to draw ?

 

With Paypal Checks, you do not pay any extra for shipping as long as you meet the minimum withdrawal amount. However, there is that 2.5% exchange fees which may be tagged on during the conversion. Paypal checks are drawn on an Indian based Citibank which means once you get the check, it will clear like a local check.

With Xoom, you pay a $8 to $15 Xoom charge if you use their service and you should get your money a whole lot faster.

 

But the Xoom thingy has $ 1 - Rs.42 conversion rate which is still bad..isnt it ?

Whats the min withdrawal amount ?

 

I prefer xoom its fast, in checks it takes almost 1 month .

 

Well, they need to make money so unless you find a business that does not want to make money, it's pretty much your choice. It is just the cost of doing business.

The minimum from the website is US$25 through Xoom.

Check out https://www.xoom.com/fees?disb=deposit&co=IN&amount=

Basically, you are paying for the convenience. See if you need the money urgently or not.

 

here is a little problem I had with xoom.
http://forums.digitalpoint.com/showpost.php?p=2606147&postcount=13

In my case the Xoom through TPO sent the check to UBI instead of UTi.
So If you are using xoom transfer money to HDFC/ICICI/CITIBANK/HSBC bank account which allows electronic fund transfer.

Cheque from paypal takes a LOT of time.

 

i suggest xoom, if you have a verified account!!
that is sending limit not fixed.

paypal checks takes 20-45 days to come, so a xoom transfer is quick. though i have never used the transfer yet! but then people say it works well,

fees will be there, paypal and xoom fees will be all applied!
just don't use the pickup, transfer to bank by xoom, and every thing will be fine

 

I think you should go with xoom as it is fast. Also there is a code available(search in DP and you will find it) to waive the $8 fee.

 

If you talk about the pricing Xoom charges more but you will get it much faster than paypal check (around 1-3 days depends on what you will choose on their service). Paypal check took long before you will get it. I think it's around 20 days before you will receive your check.

Just wondering if its possible to send your money india to india transfer? I know for a fact that you cannot do these. Correct me if I'm wrong.

 

Yes, You can transfer Funds from India to India using Xoom. If you want you can also send an email to Xoom regarding this issue

And yes, I too recommend Xoom as its fast and also Reliable. Fees is an issue and the Codes were available but has expired now, waiting for new codes

Regards,
Kulwinder.

 

Hello all experienced people

I am leaving in India and I will definitely use the xoom.

But right now I am worried abt my cheque from paypal.
I have requested it on 21 feb. It is still not came.
Its 46 days gone.

What should be done now, should I wait?
or stop the payment, How do I stop the payment?

Please let me know what to do.

Thanks,
Vijay.

 

Use Xoom if u need money in 4-5 days else u can go for paypal cheque.

 

Thanks a lot for your replies.

ok, I will wait.

My next withdrawal will be surely via xoom.

 

What does PayPal charge for converting USD to INR ??

 

You can check the rate it offers before withdrawing. All checks have a $5 fee

 

Why not try withdrawal using US Bank accounts?

 

@century

Urrghh ... I stay in India and cannot have a US bank account