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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  • Send money to bank accounts, phones or cash pick-up locations
  • Most transfers take less than a day
  • Send money to 195 countries in 60 different currencies
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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.

Compare money transfer services that send to Colombia

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 1 1 - 2 days AUD 35.60 2808.137 COP
2,708,167
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies. Go to site Show details
AUD 1 Same day AUD 0.00 2805.317 COP
2,805,317
XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
AUD 10 Within an hour AUD 2.99 2797.14 COP
2,788,777
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.
Go to site Show details
AUD 1 Same day AUD 3.99 2811.239 COP
2,800,022
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What's the best way to send money to Colombia?

Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Colombia. Some offer cash pickup in as little as a few minutes, while others seamlessly transfer to bank accounts. Sending money through PayPal or your bank is also an option, but you'll typically face higher fees and weaker exchange rates when going that route.

Digital money transfer services

Companies like XE and wise specialize in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient's Colombian bank account, often in as little as a day or two.

Cash transfers

Services like WorldRemit allow you to transfer cash for pickup at a local branch in Colombia— often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees.

Banks

Colombian pesos are not a popular currency, so your local bank probably won't be able to exchange them. If your bank supports Colombian pesos, beware of high fees and wide margins on the exchange rate compared to digital and other options when sending a wire transfer to Colombia.

Let's crunch the numbers: Sending $1,000 to Colombia

Let's say you need to send $1,000 to family in Colombia. Here's what you might face as far as fees and exchange rates as of 11 November 2020.

Digital money transferCash transfer
Fee$22$60
Exchange rate1 AUD = 2,645 COP1 AUD = 2,496 COP
Transfer speed1-2 dayMinutes
Amount receivedCOP $2,588,132COP $2,496,161
Verdict
  • Best value
  • Fastest

The digital money transfer option ends up being the best value, while a cash transfer is faster.

How to send money to Colombia online

Sign up and send money with a digital money transfer specialist in four steps:

  1. Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and preferred payment method.
  2. Provide transfer details. Submit your recipient's contact information and pick a delivery method. If transferring to a bank, you'll need their Colombian bank account details.
  3. Confirm transfer details. Double-check your payment method, expected fees and destination.
  4. Save your receipt. Record your receipt's confirmation number to track the progress of your transfer to Colombia. Some money transfer providers send a text or email when your transfer is complete.

How to get the most out of your money transfer to Colombia

Weigh costs and fees against convenience to learn how to compare money transfer providers that send to Colombia to best meet your needs:

  • Exchange rates. The AUD-COP relationship fluctuates often, so using a service that allows you to lock-in exchange prices may help you save money down the line if the Colombian peso rises against Australia dollar.
  • Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger AUD-COP exchange rate.
  • Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of pesos you're sending to Colombia.
  • Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Colombia.
  • Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you're sending is a valid strategy for saving money.
  • Transfer methods. Whether you want money sent to an Colombian bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.

Emergency cash transfer to Colombia

When urgency trumps cost to get your money to Colombia quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.

How to send money to Colombia without a bank account

Cash transfer services can help you if you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.

Colombia's exchange rates explained

The exchange rate determines how much one country's currency is worth in another country's currency. When a country's currency is strong, it yields more money when exchanging it in a country with a weaker currency. Colombia's exchange rate is flexible compared to Australia dollar. Because of this, the AUD-COP relationship may make sharp movements. Factors that influence the exchange rate include interest rates, economic stability and inflation.

Track how the Colombian peso trades against Australia dollar in our historical rate chart.

1
0
Updated: 22 Oct 2021 02:34:48 UTC

Today's exchange rate AUD to COP

Documents needed for sending to and receiving money in Colombia

To send money to Colombia from Australia, you'll need government-issued ID and other documents, while documents needed to pick up money in Colombia may be different by company.

Documents to send money from Australia

To send money from Australia to Colombia, you'll need documentation and details that include:

  • Identification. Most services require a driver's license, passport or other government-issued ID.
  • Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal checks.
  • Recipient information. Submit your recipient's name as it appears on their ID, along with their phone number and Colombian bank account information.

Documents to receive money in Colombia

To pick up money in person, documentation can include:

  • Transfer number. The person sending you money can forward the transfer's confirmation details — called a PIN, a MTCN, a reference number or a tracking number, depending on the company.
  • Government-issued ID. A Colombian Passport, Colombian ID or similar official ID may be required to pick up your transfer..
  • Amount sent. You may need to know how much was sent, usually within 10% of the total.
  • Sender's information. Take along your sender's full name, the sending country and their address, if known.

What to watch out for

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.

Learn more about using the Colombian peso in Colombia

Bottom line

Sending your hard-earned money to Colombia shouldn't cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.

More guides on Finder

International Money Transfer Offers

Important Information*
Logo for Azimo International Money Transfers
Azimo International Money Transfers

New customers use code AZIMO50 to get GBP 5 off when you transfer GBP 50+. Valid till 31 October 2021. T&Cs apply.
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

Logo for TorFX International Money Transfers
TorFX International Money Transfers

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

Logo for MasterRemit International Money Transfers
MasterRemit International Money Transfers

New customers get their first transaction for free with code FIRSTFREE. T&Cs apply.
Send money in minutes at competitive exchange rates with this Australian money transfer service.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.

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6 Responses

    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.

      I’m sorry to hear about the problem you’re having. I would suggest that you go through the money transfer service providers found on our table on this page. These providers are known to send money to banks and they can handle transfers made to Colombia.

      If after trying every provider featured on our page, you may try to check the Internet for more options. You can also get in touch with the providers on our page and ask them directly if they can send money for you.

      Hope this information helped.

      Cheers,
      Arnold

    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, you may want to check our guide that discusses currency exchange transactions.

      I hope this helps.

      Cheers,
      Anndy

    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.

      Clarizza

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