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Vigo global money transfer review

Vigo is a long-standing money transfer service that does things the old way, allowing you to send money for delivery to a network of banks throughout Latin America.

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Details

Product nameVigo
Minimum and maximum transfers, methods, options, speed, exchange ratesVaries by agent
Available currencies21 currencies — including MXN, GTQ, COP and CRC
FeesStarts at $4 a transfer
Customer service optionsPhone

What is Vigo?

Vigo is a company that transfers money to 50 countries with an emphasis on Latin America.

Unlike a lot of other providers, you can’t initiate a money transfer online with Vigo. Instead, you’ll need to visit a verified physical location. To find an agent near you, visit the Vigo website and click Find an agent location.

Vigo is owned by Western Union, so if you can’t find what you need, use one of Western Union’s 50,000 locations.

Fees, transfer minimums and exchange rates

You have to visit an agent location or bank for specific information about the currencies you want to transfer. Exchange rates, transfer minimums and transfer methods vary depending on the agent location, with transfer fees starting at $4.

Available countries

You can transfer money within the United States as well as 21 other countries in Latin America, Eastern Europe and the Caribbean. Countries include Mexico, Guatemala, El Salvador, Honduras, Peru and Colombia.

How do I send money through Vigo?

To send a money transfer through Vigo, visit any of the agent locations included on Vigo’s website.

With so much depending on your specific agent, you might want to call ahead to confirm the information you’ll need for a transfer. You may need your bank account number, ID and your recipient’s bank account details.

How does Vigo Money Transfer compare to other services?

Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
1 - 12 of 12
Name Product USFMT Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
Instarem
24 hours
From 0%
New Instarem customers will get a special FX rate and zero-fees on their first transfer.
Instarem offers offers rewards on every transaction.
Wise (TransferWise)
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
MoneyGram
Within minutes
From $0
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
Airwallex
Airwallex
Within minutes
$0
After spending $15k in your first 90 days, receive a one-time $500 bonus that will automatically be credited to your account on any FX conversion.
Airwallex can help you make business payments to 150+ countries in 60+ currencies.
OFX International Money Transfers (Business)
24 hours
$0
Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.
CurrencyTransfer for Business
24 hours
$0
Increase business efficiency with zero transaction fees and same-day transfers.
Xe Money Transfer for Business
24 hours
$0
Save your time and money with Xe Money Transfer for business.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Currencies Direct (business)
24 hours
$0
Minimizes costs of international transactions and offers custom solutions for business clients. Currencies Direct may call you to confirm your transfer, so be prepared for a phone call shortly after initiating a transfer.
Xe
Within minutes
$3
Xe has fast transfers with low fees and a range of foreign currency tools.
CurrencyTransfer
24 hours
$0
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Currencies Direct
24 hours
$0
CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates. Currencies Direct may call you to confirm your transfer, so be prepared for a phone call shortly after initiating a transfer.
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What to look out for

  • Physical locations only. Vigo isn’t an online money transfer service. To send money, you must visit a brick-and-mortar store or bank.
  • Exchange rates and fees aren’t set in stone. Details vary depending on your specific agent or bank.

Pros and cons

Pros

  • Transfer to 21 countries. Includes the US and countries in Latin America, Europe and the Caribbean.

Cons

  • No online transfers. This is especially inconvenient if you don’t live close to a Vigo agent location.
  • Transfer fee. Fees start at $4 a transfer. But you can find other online money specialists with $0 fees.
  • Opaque website. You won’t find much information about Vigo on its site.

How long has Vigo been in business?

Vigo has been in business for 25 years and is owned by Western Union — which was founded in 1851. WU purchased Vigo in 2005.

Next steps

To get started with Vigo, visit its site to find a local agent. Then visit that agent with your funds, ID and recipient details to make a money transfer.

Bottom line

No online transfer option is a point against Vigo. As is a website that doesn’t offer much in the way of letting you know how it works.

But you’ll find many Vigo agent locations with the option of visiting thousands more through Western Union.

Frequently asked questions

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

Name Product USFMT Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
OFX International Money Transfers (Business)
24 hours
$0
Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.
Xe
Within minutes
From $0
Xe has fast transfers with low fees and a range of foreign currency tools.
MoneyGram
Within minutes
From $0
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
Instarem
24 hours
From 0%
New Instarem customers will get a special FX rate and zero-fees on their first transfer.
Instarem offers offers rewards on every transaction.
Xe Money Transfer for Business
24 hours
$0
Save your time and money with Xe Money Transfer for business.
Remitly
Within minutes
From $0
Remitly has quick, affordable transfers around the world, with both express and economy options.
CurrencyTransfer
24 hours
$0
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
WorldRemit - 4free
Within minutes
From $0.99
Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
PayPal (business)
Within minutes
$0
Provides business solutions for small business owners in over 24 currencies worldwide. Try 3 months free of Spotify Premium when you sign up with PayPal.
Wise (TransferWise) International Money Transfers Business
Within minutes
From $8.16
Enjoy high maximum transfers into more than 40 currencies, while saving up to 90% over local banks.
Wise (TransferWise)
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
Wise (TransferWise)
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
CurrencyTransfer for Business
24 hours
$0
Increase business efficiency with zero transaction fees and same-day transfers.
WorldRemit
Within minutes
From $0.99
Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
CurrencyFair
24 hours
€3
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
CurrencyFair
24 hours
€3
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Remitly
Within minutes
From $0
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Remitly
Within minutes
From $0
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Remitly
Within minutes
From $0
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
PayPal
Within minutes
From $0
Use PayPal to safely send money and receive payments from around the world in over 25 currencies with just an email address or mobile number. Try 3 months free of Spotify Premium when you sign up with PayPal.
Xe
Within minutes
$3
Xe has fast transfers with low fees and a range of foreign currency tools.
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Kevin Chen is a personal finance expert and a former writer at Finder. His expertise has been featured in CNN, U.S. News and World Report, Lifehacker and CreditCards.com, among other top media. See full bio

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2 Responses

    Default Gravatar
    AlmurisiOctober 4, 2018

    How much do you charge for $700
    To yemen

      Default Gravatar
      joelmarceloOctober 4, 2018

      Hi Almurisi,

      Thanks for leaving a question on finder.

      Unfortunately, you can not send money to Yemen via Vigo global money transfer as it is not included in the countries they service to. You can check out our guide on sending money to Yemen instead.

      Please send me a message if you need anything else. :)

      Cheers,
      Joel

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