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Xoom.Com Launches Online Wire Money Transfer Service To Any Bank In Hong Kong

SAN FRANCISCO, CA, September 23, 2008: Xoom.com, the fastest growing online money transfer company, today announced the launch of online bank deposit wire money transfer services to Hong Kong. Consumers can now wire money online to any bank account at any bank in Hong Kong. The money is deposited directly into the receiver’s account, making it convenient for the receiver to get the money.

“Xoom.com provides customers with a faster and more convenient way to send money to Hong Kong. With Xoom.com’s global money transfer service, consumers can now wire money to any bank in Hong Kong with just a few clicks.” said Julian King, Xoom SVP of Marketing and Corporate Development.

Wiring money with Xoom.com to a bank account in Hong Kong is very simple. Consumers can visit Xoom.com’s secure website at www.xoom.com, enter recipient information including bank account details, and the amount to send. Consumers can use their bank account, credit card, debit card, or PayPal to fund the transaction.

Fees for money transfers to Hong Kong at Xoom.com start at only $4.99*. Consumers can send any amount for only $4.99* when paying with their US bank account. For details on pricing through credit cards, visit www.xoom.com/fees.

Julian King added, “With Xoom.com, you can send money to Hong Kong easily and quickly. There is no waiting in line at the bank. Consumers can send money from the convenience of any computer directly to any bank account in Hong Kong. The money is deposited into the receiver’s bank account – just like a wire transfer, but without paying high bank wire transfer fees.”

Sending money with Xoom.com is safe. Xoom provides money transfer services to deliver peace of mind for both senders and receivers.Xoom.com ensures that financial transactions processed through their system are highly secure as the company uses state-of-the-art technology to protect the client’s personal data.

In addition to Hong Kong, Xoom.com also offers money transfer services to mainland China. For more information on Xoom.com services to Hong Kong or China, call 24 hours a day, 7 days a week, 1-877-815-1531. Xoom has customer service assistance in Mandarin and Cantonese. Customers can also send an e-mail for any questions by visiting www.xoom.com/help.

About Xoom.com

Xoom.com 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 the Xoom.com money transfer service to Hong Kong, visit http://www.xoom.com/HongKong.

*Xoom makes money on transactions involving foreign currency exchange.