by Cecile Cinco
This morning I tried something which was my first. I sent money to my bank account (much like sending money to somebody else’s bank account) through Xoom. I’ve tried the door-to-door delivery about a year ago and it took the next day (perhaps it’s much faster now). I’ve tried pick-up most of the time for about 20 times already (still, sending money to myself) and the fastest record was under 2 minutes before it’s ready for pick up. Now, since the money was not meant to be touched, I tried to direct it straight to the bank.
I know I could have used PayPal’s withdraw-to-the-bank feature but that would need me to add another bank account since I have a different bank (Union Bank) attached to my PayPal. I don’t want my BPI Family Bank attached to my PayPal account so I took the best option: Xoom.
Below are screenshots of my transaction this morning (Philippine time). You will notice that the Xoom transaction log says that deposit is in progress but when I checked my BPI log, it’s already credited. I’ve highlighted the amount so you can see that it’s the same transaction.
Although it’s much cheaper to withdraw from PayPal to my attached bank (P50 under P7k), my priority was not to have my BPI bank attached so I used Xoom instead. The same fee applies if I picked it up anyway. But with an hour of transaction, on a Sunday (Saturday US time), both non-working days, I think there’s less hassle Xooming to the bank. 
Xoom offers fast, reliable money transfers to all over the world at a great price from the convenience of your computer.
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I tried XOOM using my Credit Card but it failed T_T *sigh*
What do you mean? I don’t have a credit card so it’s never been an option. Did you mean sending the money to your CC account much like sending to a bank account?
Hi C5!
You mean you sent funds from your Paypal account, to Xoom, to your BPI account?
Hi Manuel! Exactly! Cool, is it not?
Thanks for passing by!
Today I did another xooming to bank (bpi family) and it took 1 hour and 34 minutes. This is the 3rd time. The 2nd time was under 2 hours also.