How to send money to Australia from Colombia
The best way to send COP to AUD | Global66 |
The total number of Colombia to Australian Dollar providers | 1 |
The average cheapest way to send money from Colombia to Australia | Global66 |
Best option for debit card transfers | |
Best option for bank transfers | Global66 |
You can always compare rates and fees based on your transfer amount and payment options when sending money.
The best way to send money from Colombia to Australia
We recommend using Wise for money transfers to Australia from Colombia.
We analyzed 1 providers that allow COP to AUD transfers. Wise emerged as the best option in 80% of searches.
What’s the cheapest way to send money from Colombia to Australia?
Based on results from the last 3 months, of the 1 providers we list, the cheapest way to send money from the Colombia to Australia was Global66, and the average cheapest payment method was Bank Transfer.
Global66 has averaged 0% cheaper than the next nearest provider for money transfers to Australia from Colombia.
Just to make you aware, Bank Transfer was the overall cheapest payment method.
The cheapest way to send money isn't always the fastest
Be sure to pick the right option, Instarem is the most cost effective way of sending, but make sure the timeframes work for you.
How the cost of sending money to Australia from Colombia is calculated
The cost of sending money from Colombia to Colombia depends on several things, including:
The mid-market rate
The current mid-market rate between COP and AUD is 0.000397. The rate the time you transfer will impact your overall cost. As an example, Global66 has averaged -0.47% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.
The markup and fee
Providers will often charge a markup on the rate, fees, or both, for transfers between Colombia and Australia. This is why Instarem is listed as our cheapest option - they offer the best combination of Colombian Peso to Australian Dollar (-200) and fees (176131.92).
Bank transfers from Colombia to Australia
Bank transfers are the most common way of sending COP to Australia as they are secure, reliable, and convenient.
If you want to send Colombian Pesos to Australia through a bank transfer, Global66 has been the top rated provider in our comparison system for the last 3 months, being recommended 100% of the time.
That’s because companies like Global66 bypass the SWIFT network by relying on their own digital network of banks, making transfers faster and cheaper. As an example, Global66's transaction fees for Colombian Pesos into Australia have averaged significantly lower than banks for the last 3 months.
Finding the best exchange rate for COP to AUD
The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many Australian Dollars you can get for your Colombian Pesos. The average Colombian Peso to Australian Dollar mid-market rate over the last month was 0.0004, with a low of 0.0004 and a high of 0.0004.
For comparison, the best exchange rate for COP to AUD right now is through Global66, at a difference of -200%.
How we find the best transfer deals from Colombia to Australia
We’ve compared the cost, speed, and product offering of the top money transfer services (including Global66) available between Australia and Colombia.
We also produce unbiased, detailed reviews of all the top money transfer companies for sending Colombian Peso to Australia, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.
Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.
