InstaReM vs Xoom - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like InstaReM and Xoom have emerged as leading choices. Both InstaReM and Xoom online platforms offer efficient and cost-effective and secure international money transfers from InstaReM and Xoom.

We compare InstaReM vs Xoom into the unique features and benefits that distinguish InstaReM vs Xoom, empowering you to make an informed decision based on your specific transfer needs like InstaReM vs Xoom fees, currencies available, available payment methods on InstaReM compared to Xoom, support options offered by InstaReM vs Xoom, speed and more.

InstaReM vs Xoom: Quick Feature Comparison

  1. Visit InstaReM alternative InstaReM Visit InstaReM

    Used By: 130000000
    Currencies Available: 11
    Transfer Fees: 0%-1%
    Payment Methods: bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents)
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: $1 (minimum sending amounts could differ based on certain currency pairs)
    Max Transfer: No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country)
    Year Founded: 2014

  2. Visit InstaReM alternative Xoom Visit Xoom

    Used By: 250000000
    Currencies Available: 4
    Transfer Fees: 0$-40$
    Payment Methods: Bank transfer, debit/credit card, PayPal balance
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: US$10.00
    Max Transfer: 2999 USD/day, 6000 USD/month, 9999 USD/3 months
    Year Founded: 2001

InstaReM vs Xoom: Pros and Cons

InstaReM vs Xoom
Advantages

InstaReM Advantages Xoom Advantages
  • InstaReM is well rated among clients.
  • InstaReM is available internationally.
  • InstaReM has multiple currency options.
  • InstaReM provides phone customer support.
  • InstaReM provides email customer support.
  • InstaReM is available to iOS Apple device users.
  • InstaReM is available to Android mobile device users.
  • Xoom has been in operation for over 23 years.
  • Xoom boasts a high rating for sending money.
  • Xoom operates in numerous international countries.
  • Xoom offers home delivery services for money transfers.
  • Xoom allows cash pickups for money transfers.
  • Xoom provides phone support.
  • Xoom offers registered customers email support.
  • Xoom has a Apple iOS app on Apple app store.
  • Xoom offers a Android Google Play Store mobile app.

InstaReM vs Xoom
Disadvantages

InstaReM Disadvantages Xoom Disadvantages
  • InstaReM has no PayPal support.
  • InstaReM has no Neteller payments support.
  • InstaReM has no Skrill payment support.
  • InstaReM does have a mobile digital wallet like some others.
  • No home delivery with InstaReM.
  • No cash pickups with InstaReM.
  • No money order support with InstaReM.
  • No live chat support with InstaReM.
  • Xoom has no Neteller option.
  • Xoom has no Skrill option.
  • Xoom has few fiat currency then some others.
  • No digital wallets with Xoom.
  • No Xoom money order option.
  • No Xoom Livechat.

InstaReM vs Xoom Fees and Other Costs

Fee type InstaReM Fees Xoom Fees
Transfer Fees 0%-1% 0$-40$
Min Transfer $1 (minimum sending amounts could differ based on certain currency pairs) US$10.00
Max Transfer No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country) 2999 USD/day, 6000 USD/month, 9999 USD/3 months
Payment Methods bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents) Bank transfer, debit/credit card, PayPal balance
Currencies AUS, SGD, HKD, INR, MYR, EUR, GBP, USD, CAD, JPY, NZD EUR, GBP, USD, CAD

InstaReM vs Xoom Restricted Countries

InstaReM Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Xoom Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

InstaReM vs Xoom Transfer Speeds

Transfer Speed InstaReM Xoom
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

InstaReM vs Xoom Languages

InstaReM Supported Languages

English

Xoom Supported Languages

English, Spanish, French, German, Hungarian, Italian, Korean, Polish, Portuguese, Romanian, Russian, Chinese, Vietnamese, Dutch

InstaReM vs Xoom Verdict - Which is better?

Which is best out of InstaReM and Xoom depends on your needs.

  • InstaReM vs Xoom Transfer Fees: Transferring money with InstaReM costs 0%-1% while Xoom charges 0$-40$.
  • InstaReM vs Xoom Supported Currencies: InstaReM deals in over 1, where as Xoom offers transactions in 1.
  • InstaReM vs Xoom Payment Methods: InstaReM accepts bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents), while Xoom allows transactions via Bank transfer, debit/credit card, PayPal balance.
  • InstaReM vs Xoom Transfer Limits: InstaReM allows transfers between $1 (minimum sending amounts could differ based on certain currency pairs) and No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country). Xoom's range is US$10.00 to 2999 USD/day, 6000 USD/month, 9999 USD/3 months.
  • InstaReM vs Xoom Minimum Age for Account Creation: InstaReM requires users to be at least 18 years old, where as Xoom has a minimum age requirement of 18.
  • Contact Number: You can reach InstaReM at 07 3053 8888 and Xoom at +441392694030.
  • InstaReM vs Xoom Countries of Operation: InstaReM operates in over 1 countries but has restrictions in over 1 countries. Xoom serves 1 countries and restricts operations in 1 countries.
  • InstaReM vs Xoom Client Base: InstaReM is used by 130,000,000, where as Xoom serves 250,000,000.
  • InstaReM vs Xoom Year Founded: InstaReM was established in 2014 and Xoom began its operations in 2001.
  • InstaReM vs Xoom Customer Rating: InstaReM holds a rating of 4, in contrast, Xoom has a rating of 3.
  • InstaReM vs Xoom Headquarters: InstaReM has its headquarters at Singapore, while Xoom is based at San Francisco, US.
  • InstaReM vs Xoom Employee Count: InstaReM employs 200 individuals, where as Xoom has a team of 4,422.
  • InstaReM vs Xoom Estimated Annual Turnover: InstaReM turnover stands at 10100000, while Xoom boasts a turnover of 500000000.
  • InstaReM vs Xoom Founder: InstaReM was founded by Sreya Dasgupta, holding the position of Product Owner. On the other hand, Xoom was the brainchild of Jennifer Wong, currently holding the position of MTS1 Software Engineer.
  • InstaReM vs Xoom Supported Languages: InstaReM offers support in over 1 languages. Xoom communicates in 1.

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InstaReM vs Xoom Alternatives Guides

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Screenshots

InstaReM Screenshot

InstaReM Screenshot

Xoom Screenshot

InstaReM Screenshot