Transfer money from paypal to ICICI, HDFC or Axis bank in 3 days through Xoom

In my last post, I had talked about how the paypal problem is almost resolved minus the withdrawl to bank problem, now for those of you, who are too lazy to deposit a check in their bank or don’t trust indian postal services, they can use xoom.com which is a money remitting service, it is there for years in existence, I have used it many times and I am very impressed with the way they work.

You just need to fill your bank details and can initiate the transfer of money from paypal to your local bank in matter of 30 seconds and the overall transfer takes about 72 hours, which is still faster then paypal. They do have a high fees though but they offer much better exchange rate as compared to paypal so better exchange rate makes up for high fees. Anyway if you are withdrawing big amount, you won’t care about few dollars as fees specially if the transaction is going smoothly.

Xoom also has excellent 24×7 support by mail or phone, and I know this post sounds alot like xoom paid post :) but it is not. It is shame that due to paypal monopoly, xoom is not able to do that well as it deserves.

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11 Responses to “Transfer money from paypal to ICICI, HDFC or Axis bank in 3 days through Xoom”

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  1. 1aniket on Feb 19, 2010 :

    hello

    thanks for your post.

    you said that through xoom.com money can be transferred to icici, hdfc or axis….no other bank?

    i have a/c in SBI, can i draw money to it through xoom ?

    what is exact process for it sir.

    thanx

    ani

  2. 2Abhimanyu on Feb 19, 2010 :

    Hi Aniket, yes, you can withdraw money to your SBI account, XOOM supports almost all major public and private sector banks in India, Check http://xoom.com, create an account, and you can easily the money withdraw option there, fill your bank details properly and that’s it. The money will come to your bank account in 3-4 days.

  3. 3aniket on Feb 19, 2010 :

    Hello

    i did visit xoom and transferred $50 from paypal to my SBI. I received all emails regarding it but after few time i recd. one mail from xoom stating that your transaction has been canceled :

    After careful review, the Xoom Customer Verification Team has canceled your recent Xoom money transfer ………….

    do you know why this transaction has been canceled ?

    the email id at xoom is not verified by me, that may be issue?

    i called them and they said their verification team will mail me the reason and till then do not do any transaction.

    can u guide me about this

    thx

    aniket

  4. 4Xoom Prob on Feb 19, 2010 :

    I’ve tried XOOM several time but cancelled my transaction. I’ve verified PP account and provided all correct info. Even their so call customer support not replying with any proper cause.

  5. 5aniket on Feb 22, 2010 :

    hello abhimanyu

    i hope you read my query about cancellation of payment from xoom.

    can you guide me about this

    thanx in advance

    aniket

  6. 6Abhimanyu on Feb 24, 2010 :

    Hi Aniket,sorry, I had not checked the comments for few days. Did you got your answer ? if not, from 20th Feb, xoom has officially stopped Indian paypal users sending money to India, so you can not send money to yourself from your own paypal account, which is very unfortunate but this was xoom’s policy right from start, so we can’t complaint. Right now there is no option left but to withdraw money by check

  7. 7Ajit on Feb 26, 2010 :

    whats the fee for check withdrawal…I mean is there any check clearance fee?Does Bank(ICICI bank) charges any fee for clearing the check…if yes then whats the fee? Normally How many days it will take?

  8. 8james on Mar 7, 2010 :

    can any guys up there show me how to verify SBI bank account in paypal … plz help …

  9. 9james on Mar 7, 2010 :

    Hi aniket .. this is for you . Please send me steps how to get verified in paypal. Im using SBI bank acount. And what are the terms and conditions to be verified. Accepting your ans… bro

  10. 10cebu seo on Mar 27, 2010 :

    How many days normally the recipient can claim? I have read some blogs that it takes a week.

  11. 11seo danışmanlığı on Jun 2, 2010 :

    Thank’s verry good

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