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Crucial tips on how to save money on international money transfers.
Sending money internationally has become easier – but choosing the right service is still not simple. Fees, exchange rates, delivery speed, and payout options can vary widely depending on where you’re sending money and how your recipient wants to receive it.
Two of the leading money sending platforms, MoneyGram and Western Union, have been around forever, so it’s easy to assume they’re the automatic safe pick for remittances.
It’s pretty common to run into problems with the address requirement when opening a bank account. Banks usually need proof of address to verify your identity and confirm you follow financial rules. This is necessary for fraud prevention and to protect your account.
Before going on a trip, you’ve probably heard someone tell you: “Call your bank before you fly so your card doesn’t get declined.” Years ago, this was solid advice, especially since not having a working credit card abroad could put a damper on your travel plans.
Vigo is a long-standing remittance brand that was acquired by Western Union, meaning most Vigo transfers today run on Western Union’s global network. This gives the service strong reach and reliability, particularly in cash-based regions.
