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27
Sep

Xoom Introduces Bank-to-Bank ULTRA

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ULTRA, a supreme level of service from Xoom, provides confirmed bank deposits in less than one hour.

Xoom introduces Bank-to-Bank ULTRA, a new higher-tiered level of service that provides confirmed bank deposits in less than one hour.

Xoom customers can deposit money in one of the selected bank services deemed Bank-to-Bank ULTRA, and that money will be available for withdrawal in less than one hour during partner bank processing hours. Customers will then receive confirmation that the transaction has been completed via email – all at no additional fees.

“While our customers can always expect great service from Xoom and our partner banks—convenient, fast deposits with guaranteed exchange rates and no added fees—we are very excited to introduce Bank-to-Bank ULTRA,” said John Kunze, President and CEO of Xoom Corporation. “Although all of Xoom’s bank deposit services are excellent, some are so fast that they feel almost magical.  At Xoom, we are calling these services Bank-to-Bank ULTRA.”   Kunze added that if an ULTRA deposit takes more than one hour,* the customer can request a coupon for the value of the service fee on their next transfer.

Bank-to-Bank ULTRA is available in the Philippines, United Kingdom, Mexico and several countries throughout Central and Latin America. Click Xoom’s Bank-to-Bank ULTRA to find out which countries and banks provide the ULTRA service.  Also included are ‘honorable mentions’ – bank deposit services that don’t quite meet the ULTRA criteria yet, but are worth highlighting.

*Excludes transactions that are subject to additional Xoom review for risk management.  Deposit times may vary.  ULTRA service is available when sending money within the partner bank regular processing times.