Xoom.Com Lowers Money Transfer Fees To The Philippines

July 10, 2008 - PRLog -- SAN FRANCISCO, April 18, 2008 – Xoom, the Internet-based global money transfer company, has announced a significant price reduction in its money transfer fees to the Philippines. The new pricing structure allows customers to send $300 to $2,500 for just $7.99 when paying with their US bank account. That’s an incredible savings of up to 43 percent from the old fees. This pricing is available from anywhere in the US for money transfers to the Philippines.

Xoom money transfer fees still start from as low of $3.50, and this new pricing will allow customers to send amounts over $300 for much cheaper than before.

“We recognize and appreciate the loyalty of our Filipino customers. We aim to continually improve our service and make Xoom the easiest, fastest and most economical way to send money to the Philippines,” said Julian King, Xoom Senior Vice President of Marketing and Corporate Development. “And this price reduction is our way of saying ‘Thank You.’”

With Xoom you can go online and send money 24/7 from any computer anywhere, anytime. There’s no waiting in line and you’re not restricted by a regular remittance company’s hours of operation.

Xoom offers a complete range of options to send and receive money in the Philippines – cash-pick up, bank deposits to any bank in the Philippines, fast and safe home-delivery. Faster bank deposits in partnership with Metrobank, BPI or Banco de Oro, Equitable PCI Bank. Bank deposits now take just hours to reach your recipient.

There are over 1,800 locations in the Philippines including the SM Malls, Cebuana Lhuillier pawnshops and others spread across major metropolitan areas and remote provinces. Many are open nights and weekends.

Remitting money to the Philippines with Xoom is easy. Simply visit http://www.xoom.com/philippines, enter recipient information, and the amount to be remitted. Then, choose a payment method and click “send.” The money will be available quickly and conveniently to the receiver.

Xoom is fully staffed, 24 hours a day, seven days a week. Just call 1 877-993-7966 in the US to talk to our friendly Tagalog speaking customer service representatives. Recipients in the Philippines can call 1-800-10-636-7000 (PLDT) or 1-800-8-636-7000 (Globe). Or send an e-mail for any questions by visiting http://www.xoom.com/help.

“We have Pinoys on our staff ready to answer calls any time of the day to better serve the needs of our Filipino clients,” said George Zarcilla, Xoom Director of Operations and Customer Service.

The new Xoom pricing structure makes sending money to the Philippines much easier and more economical. It’s fast, convenient and lower in cost. Certainly the best way for Filipinos to send money to the Philippines.

“My kababayans are one of the largest remitters of money and this price reduction was made specifically with them in mind,” said Gene Gutierrez, Xoom Regional Vice President, Philippines.

About Xoom

Xoom allows individuals to send money from any Internet-enabled computer to family, friends and businesses worldwide. XOOM Corporation was founded in 2001 in San Francisco and is backed by leading venture firms Sequoia Capital, New Enterprise Associates and Fidelity Ventures.

For more information about this announcement, visit the Xoom website:

http://www.xoom.com/sendmoneynow/news/xoom-lowers-money-t...

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Xoom.com is an online money transfer service that's a secure, fast, and inexpensive way to send money to 30 over countries. Fund your transfer using a bank account, credit card or PayPal. Recipients can receive money in cash, to their bank account or via home delivery.

XOOM Corporation was founded in 2001 in San Francisco and is backed by leading venture firms Sequoia Capital, New Enterprise Associates and Fidelity Ventures.