OFX vs Xoom (PayPal)
A detailed head-to-head comparison of OFX and Xoom (PayPal) based on our 100-point scoring system.
Winner
OFX
OFX International Money Transfer
85/100
Very Good4.3
8,420 reviews
Xoom (PayPal)
Xoom International Money Transfer
82/100
Very Good4.1
12,000 reviews
Side-by-Side Comparison
Metric
OFX
Xoom (PayPal)
Overall Score
85/100
82/100
Price
$0.00
$0.00
Customer Rating
4.3/5
4.1/5
Review Count
8,420
12,000
Best For
Best for Large Transfers
Best for PayPal Users
About Page
Yes
Yes
Contact Info
Yes
Yes
OFX — Score Breakdown
Fees & Exchange Rates0/25
Transfer Speed16/20
Global Coverage14/15
Ease of Use8/15
Security & Regulation0/10
Customer Support5/10
Transparency0/5
Xoom (PayPal) — Score Breakdown
Fees & Exchange Rates18/25
Transfer Speed18/20
Global Coverage13/15
Ease of Use13/15
Security & Regulation9/10
Customer Support7/10
Transparency4/5
Pros & Cons
OFX
No transfer fee above $1,000 makes OFX one of the lowest-cost options for large transfers where fee savings significantly exceed those offered by banks.
190-country coverage and $1,000,000+ transfer limits give OFX genuine enterprise capability suitable for business payments and property transactions.
Publicly listed company with multi-jurisdiction regulatory licenses, providing a transparency and compliance profile that exceeds most fintech competitors.
$15 flat fee on transfers under $1,000 makes OFX uncompetitive for small remittances where Wise or Remitly offer better per-transfer economics.
No cash pickup network means OFX is unsuitable when the recipient needs physical cash rather than a bank deposit.
Account verification can take 1–2 business days, which creates friction for first-time users who need an immediate transfer.
Xoom (PayPal)
Seamless integration with PayPal — existing users can send international transfers immediately without new account setup or additional verification.
Unique bill pay feature for Latin America and the Philippines covers utilities, mobile bills, and card payments for recipients abroad.
Backed by PayPal's globally trusted compliance and fraud protection infrastructure.
Exchange rate margin of 1.5%–3.5% is higher than Wise (0%) and Remitly on major corridors, adding meaningful cost on larger transfers.
Transfer limits of $10,000 per day on standard accounts restrict the service for larger or business transfers.
Cash pickup network is smaller than Western Union's and Remitly's, limiting cash delivery options in some less-served areas.
Our Verdict
OFX comes out ahead with a score of 85/100 compared to 82/100. OFX is best for best for large transfers. However, Xoom (PayPal) may be a better fit if you prioritize best for paypal users.
Transfer fees, exchange rates, and delivery times may vary based on destination, amount, and payment method. Always verify current rates and fees before initiating a transfer.