Send money to Colombia

Compare fees and exchange rates to get the best deal on your next money transfer to Colombia.

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Multicolored river in Colombia

Sitting at the northern tip of South America, Colombia is a culturally diverse nation famous for its lush rainforest, beautiful mountains and for growing some of the world’s best coffee. It’s also a popular inclusion on the itinerary of any Australian visitor to South America - and if you ever need to send money from Australia to Colombia, perhaps to a friend or relative visiting the country, there are plenty of transfer options to choose from.

But before you hand over any money to your bank or anyone else, make sure to compare your transfer options and find the most convenient and cost-effective transfer solution.

International Money Transfer Offer

WorldRemit International Money Transfers Offer

  • Send cash online within minutes
  • Large range of destinations
  • No minimum transfer amount

International Money Transfer Offer

Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

  • Minimum transfer amount: $1
  • Maximum transfer amount: $50,000
  • Online transfer fee: $3.99
  • Cash pick up available.
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Compare money transfer services

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 1 Within an hour AUD 3.99 2350.143 COP
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details

Compare up to 4 providers

The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.

Banks versus money transfer companies

If you want to send money from Australia to Colombia, you could use your bank. But while banks offer a convenient transfer solution, they don’t offer it cheaply. Banks are notorious for offering mediocre exchange rates and charging high fees on international transfers, so even a transfer of a small amount can end up costing a whole lot more than you might expect.

If you’re looking for a more affordable option, consider the services provided by a wide range of specialist online money transfer providers. These companies, such as WorldFirst and Currency Fair, offer quick and affordable transactions to myriad destinations around the world. Their exchange rates and fees are much more reasonable than those charged by the banks, which means that more money stays in your bank account (or your recipient’s).

Carlos Sends Money to Colombia

While Carlos is living and working in Australia for a couple of years, he intermittently sends money home to his parents in Colombia. Up until now he has used her bank to send the international transfer for him, but he decides to compare two online money transfer providers to see if they can offer a better deal.

The results of his comparison are shown below. As you can see, Carlos can save AUD $10 in transfer fees and send an extra 11,736.56 COP using the second money transfer company.

Money transfer provider 1Money transfer provider 2
Exchange rate1 AUD = 2,225.85 COP1 AUD = 2,237.5866 COP
Transfer fee$10$0
Transfer methodOnline bank account transferOnline bank account transfer days
Processing time1-3 days1-3 days
Amount received (in COP)2,225,850 COP2,237,586.56 COP

How do I compare transfer companies when transferring and receiving money via Colombia?

  • Exchange rates. Compare the exchange rates offered by a number of transfer companies to calculate just how affordable your transaction will be.
  • Transaction fees. It’s worth pointing out that a company with fantastic exchange rates may also charge high fees, so read up on all the fees and charges that will apply to your transfers. Some companies will also waive their fees for large transactions.
  • Method of placing a transfer. Check to see what options are available for placing transfers: online, over the phone, in person at a branch and/or using a smartphone app.
  • Transfer options. Some companies specialise in providing one-off transfers only, but others can offer flexible features such as forward contracts and recurring payment plans to help you save money and time.
  • Minimum and maximum transfer amounts. If you will need to transfer small or large amounts, check to see whether the company imposes and minimum or maximum transaction limits. Keep in mind that there may also be a limit on the amount of money you can transfer during a certain period, for example one month.
  • Turnaround time. Compare transaction processing times between providers to see which one can get your funds to the destination the quickest, not to mention how much you’ll have to pay for an urgent transfer.
  • Pickup options. Does the provider offer cash pickup transfers or bank account deposits? Are there any other ways your beneficiary can access the money you send?
  • Customer service. If you ever have a question about a transfer or about the services a company offers, can you easily access the assistance you need from the customer support team?
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How do I send money to Colombia from Australia?

  • Specialist transfer companies. Money transfer providers like WorldFirst Foreign Exchange can offer convenient and affordable international transfers.
  • Cash pickup transfers. Western Union and MoneyGram offer easy cash transfers to Colombia.
  • Bank transfers. You can send money to Colombia through your bank but this will usually be an expensive transfer option.
  • International cheques. A secure yet slow and costly transfer method is to send an international guaranteed cheque.

How do I receive money from Colombia in Australia?

  • Specialist transfer companies. Do your research online to see which companies offer transfers from Colombia to Australia.
  • Cash pickup transfers. This option allows you to pick up a cash transfer from a money transfer branch close to you.
  • Bank transfers. Another viable transfer option is to send funds directly from a Colombian bank account to an Australian bank account.
  • International cheques. International guaranteed cheques are an old-fashioned transfer method that can also be expensive.
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Emergency cash transfers in Colombia

You’ve just received a panicked reverse charges phone call from your brother in Colombia. While holidaying in Bogota, he’s had his wallet stolen and only has $10 to his name - he needs you to send him funds fast.

The good news is that there are plenty of companies who can help you send an emergency cash transfer; the bad news is that urgent transfers cost more than normal ones. Lower exchange rates and higher fees than normal often apply, so check the full cost of your transaction before deciding whether or not you’re getting a good deal.

Cash pickup locations in Colombia/ Western Union / MoneyGram branches in Colombia

Western Union and MoneyGram offer fast cash transfers that can be picked up from branch locations across Colombia. Your recipient will need to take photo ID and a transaction reference number with them when they go to pick up the funds, while phoning ahead to confirm an agent’s opening hours is also recommended. Some popular cash pickup locations in Colombia are listed below.

Western Union

  • Bogota Efecty

    Calle 42 A Sur 19 07 Bogota, Cundinamarca
    Open 8am to 5pm Monday to Friday, 8am to 2pm Saturday

  • Acciones Y Valores Sa

    Carrera 59a N 79 30 Local 117
    Exito Calle 80 Bogota
    Open 8am to 8pm Monday to Saturday, 10am to 4pm Sunday

  • Medellin

    Acciones Y Valores Sa
    Diagonal 50a N 38 20 Local 101
    Oficina Niquia Pf Medellin, Antioquia
    Open 8am to 6pm Monday to Saturday

  • Efecty

    Carrera 47 7 76 Medellin, Antioquia
    Open 8am to 6pm Monday to Friday, 9am to 12pm Saturday


  • Bogota

    Titan Intercontinental Sa
    Transversal 71D No 26 94 Sur Ccial Plaza de las Americas Lca
    Open 9am to 5pm Monday to Friday, 9am to 1pm Saturday

  • Bancolombia

    Calle 98 N52B10
    Open 8am to 7pm Monday to Friday, 8am to 1pm Saturday

  • Medellin

    Kr 80 No. 48-105
    Open 8am to 4pm Monday to Thursday, 8am to 4:30pm Friday

  • Davivienda

    Kr 55 No. 42-180
    Open 8am to 4:30pm Monday to Friday

Tips for picking up cash in Colombia

The Department of Foreign Affairs and Trade recommends that Australian visitors to Colombia exercise a high degree of caution, so it’s important that you take care when picking up cash. If you can, get a friend to accompany you and act as an extra deterrent to would-be thieves, while it’s also a good idea to only visit a cash pickup agent in an area you know to be safe. Don’t display the cash you collect in public and deposit it in your bank account as soon as possible.

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What are the steps to send money to Colombia?

The basic tasks you’ll need to complete when sending money to Colombia are as follows:

  1. Sign up for an account. Once you’ve chosen a transfer company, you can usually register for a free online account. You’ll usually have to supply your name, contact details and proof of ID.
  2. Enter your transaction information. How much money are you sending? In what currency? Who are you sending the money to and where do they live? You’ll need to answer all these questions when finalising the details of your transfer.
  3. Complete your transfer. Review your payment details and the full cost of your transaction, then submit your transfer. You will most likely receive a reference number you can use to monitor the progress of your funds.
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International Money Transfer Offers

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ANZ International Money Transfer

Transfer to over 99 countries via online banking, phone banking or through an ANZ bank branch.

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TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

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Global Reach (formerly FC Exchange) International Money Transfers

Global Reach will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.

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WorldFirst International Money Transfers

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Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

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6 Responses

  1. Default Gravatar
    MattAugust 5, 2017

    Trying to send money to family in Colombia. Tried all of your suggestions and none offer a bank transfer service to a bank account in Colombia in COP. What next?

    • Default Gravatar
      ArnoldAugust 5, 2017

      Hi Matt,

      Thanks for your inquiry.

      Maybe you can try Transferwise. Just sign up for Transferwise, tap in how much, and where to. Then make a local payment to TransferWise, whether it’s with a bank transfer or your card.

      Hope this information helped.


  2. Default Gravatar
    JezzmanJanuary 8, 2017

    Do you know of any foreign exchange companies that will offer an exchange from AUD to COP? Plenty will transfer to Colombia but I cannot find one that offers an exchange into COP

    • Avatarfinder Customer Care
      DeeJanuary 16, 2017Staff

      Hi Jezzman,

      Thanks for your question.

      There are different currency exchange service providers in Australia where you can purchase or exchange Australian dollars for other currency including:

      Bureaux de change – these companies operate in airports and shopping centers like Travelex
      Banks – you can also readily purchase foreign currency from most major banks
      Online foreign exchange companies – Several online companies such as Travel Money Oz and OFX offer currency exchange services

      For more information on currency exchange transactions, please refer to our guide here.

      I hope this helps.


  3. Default Gravatar
    larryJune 27, 2016

    is there a limit of how much money i can send to colombia from australia ? thank you

    • Avatarfinder Customer Care
      ClarizzaJune 27, 2016Staff

      Hi Larry,

      Thanks for your question.

      The maximum amount you can send to Australian from Colombia will depend on the money transfer service you choose. It’s best to check with the company to find out whether there’s a maximum amount on money transfers.

      Hope this helps.


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