Best companies for CAD/COP transfers
10 of 10 providers Last updated on 10 November 2026
Based on 4,000 CAD transfer Best companies for CAD/COP transfers Sort Cheapest
Ad Wise Pay via Bank Transfer	Fees: $63.67 1 CAD = 2320.0200 COP +0.04% vs mid-market	Recipient gets $9,132,364.33 Next day
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Colombia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $63.671 CAD = 2320.0200 COP $9,132,364.33You pay$4,000.00
Ad Xe Pay via Bank Transfer	Fees: $0.00 1 CAD = 2289.4950 COP +1.36% vs mid-market	Recipient gets $9,157,980.00 6-12 Hours
4 reviews Receive to bank accountDedicated support for larger transactions
Ways to receive money in Colombia with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2289.4950 COP $9,157,980.00You pay$4,000.00
Run a live search Showing top Canada to Colombia deals for 4,000 CAD. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live CAD to COP rates.
Run a live search These companies offer multi-currency accounts for spending COP. We suggest doing a live search based on how much CAD you're planning to spend in Colombia.
Run a live search These are managed services with real human support for large CAD transfers. Click the link and update the transfer amount to get the best deal.
Remitly Pay via Bank Transfer	Fees: $0.00 1 CAD = 2318.7700 COP +0.09% vs mid-market	Recipient gets $9,275,080.00 Within a week
19 reviews Cheapest Receive to bank account or cash pickup
Ways to receive money in Colombia with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 2318.7700 COP $9,275,080.00You pay$4,000.00 Bre-BWithin a week Free1 CAD = 2318.7700 COP $9,275,080.00You pay$4,000.00 Cash pickupWithin a week Free1 CAD = 2318.7700 COP $9,275,080.00You pay$4,000.00 Mobile walletWithin a week Free1 CAD = 2318.7700 COP $9,275,080.00You pay$4,000.00

Remitly Pay via Interac	Fees: $0.00 1 CAD = 2318.7700 COP +0.09% vs mid-market	Recipient gets $9,275,080.00 Within a week
19 reviews Receive to bank account or cash pickup
Ways to receive money in Colombia with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 2318.7700 COP $9,275,080.00You pay$4,000.00 Bre-BWithin a week Free1 CAD = 2318.7700 COP $9,275,080.00You pay$4,000.00 Cash pickupWithin a week Free1 CAD = 2318.7700 COP $9,275,080.00You pay$4,000.00 Mobile walletWithin a week Free1 CAD = 2318.7700 COP $9,275,080.00You pay$4,000.00
Western Union Pay via Debit Card	Fees: $0.00 1 CAD = 2304.4445 COP +0.71% vs mid-market	Recipient gets $9,217,779.00 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in Colombia with Western Union when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2304.4445 COP $9,217,779.00You pay$4,000.00

Western Union Pay via Bank Transfer	Fees: $0.00 1 CAD = 2304.4445 COP +0.71% vs mid-market	Recipient gets $9,217,779.00 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in Colombia with Western Union when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2304.4445 COP $9,217,779.00You pay$4,000.00
Only available via Mobile App Sendwave Pay via Debit Card	Fees: $1.49 1 CAD = 2293.1987 COP +1.20% vs mid-market	Recipient gets $9,169,378.05 2 Days
6 reviews Receive to bank account or cash pickup
Ways to receive money in Colombia with Sendwave when paying by debit card. MethodFee & ratesRecipient gets Mobile money2 Days $1.491 CAD = 2293.1987 COP $9,169,378.05You pay$4,000.00 Bank deposit2 Days $1.491 CAD = 2293.1987 COP $9,169,378.05You pay$4,000.00 Cash pickup2 Days $1.491 CAD = 2270.0351 COP $9,076,758.09You pay$4,000.00
Xe Pay via Bank Transfer	Fees: $0.00 1 CAD = 2289.4950 COP +1.36% vs mid-market	Recipient gets $9,157,980.00 6-12 Hours
4 reviews Receive to bank accountDedicated support for larger transactions
Ways to receive money in Colombia with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2289.4950 COP $9,157,980.00You pay$4,000.00
$0 fee on first online transfers MoneyGram Pay via Debit Card	Fees: $1.99 1 CAD = 2283.3425 COP +1.63% vs mid-market	Recipient gets $9,133,370.00 6-12 Hours
2 reviews
Ways to receive money in Colombia with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Mobile wallet6-12 HoursAvailable via:Nequi, Daviplata $1.991 CAD = 2283.3425 COP $9,133,370.00You pay$4,001.99 Bank deposit6-12 HoursAvailable via:Bancolombia, All Banks, Banco Davivienda $1.491 CAD = 2283.2684 COP $9,133,073.60You pay$4,001.49 Cash pickup6-12 Hours $3.991 CAD = 2283.1983 COP $9,132,793.20You pay$4,003.99

$0 fee on first online transfers MoneyGram Pay via Credit Card	Fees: $1.99 1 CAD = 2283.3425 COP +1.63% vs mid-market	Recipient gets $9,133,370.00 6-12 Hours
2 reviews
Ways to receive money in Colombia with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Mobile wallet6-12 HoursAvailable via:Nequi, Daviplata $1.991 CAD = 2283.3425 COP $9,133,370.00You pay$4,001.99 Bank deposit6-12 HoursAvailable via:Bancolombia, All Banks, Banco Davivienda $1.491 CAD = 2283.2684 COP $9,133,073.60You pay$4,001.49 Cash pickup6-12 Hours $3.991 CAD = 2283.1983 COP $9,132,793.20You pay$4,003.99
$0 fee on first online transfers MoneyGram Pay via Cash deposit	Fees: $1.99 1 CAD = 2283.3425 COP +1.63% vs mid-market	Recipient gets $9,133,370.00 6-12 Hours
2 reviews
Ways to receive money in Colombia with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Mobile wallet6-12 HoursAvailable via:Daviplata, Nequi $1.991 CAD = 2283.3425 COP $9,133,370.00You pay$4,001.99 Bank deposit6-12 HoursAvailable via:Banco Davivienda, All Banks, Bancolombia $1.491 CAD = 2283.2684 COP $9,133,073.60You pay$4,001.49 Cash pickup6-12 Hours $3.991 CAD = 2283.1983 COP $9,132,793.20You pay$4,003.99
Wise Pay via Bank Transfer	Fees: $63.67 1 CAD = 2320.0200 COP +0.04% vs mid-market	Recipient gets $9,132,364.33 Next day
25 reviews Our top pick Receive to bank accountDedicated support for large transfers
Ways to receive money in Colombia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $63.671 CAD = 2320.0200 COP $9,132,364.33You pay$4,000.00
Xe Pay via Debit Card	Fees: $12.00 1 CAD = 2289.4950 COP +1.36% vs mid-market	Recipient gets $9,130,506.06 6-12 Hours
4 reviews Receive to bank accountDedicated support for larger transactions
Ways to receive money in Colombia with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $12.001 CAD = 2289.4950 COP $9,130,506.06You pay$4,000.00
Remitbee Pay via Debit Card	Fees: $0.00 1 CAD = 2279.9002 COP +1.78% vs mid-market	Recipient gets $9,119,600.80 Next Day
0 reviews
Ways to receive money in Colombia with Remitbee when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2279.9002 COP $9,119,600.80You pay$4,000.00

Remitbee Pay via Interac	Fees: $0.00 1 CAD = 2279.9002 COP +1.78% vs mid-market	Recipient gets $9,119,600.80 Next Day
0 reviews
Ways to receive money in Colombia with Remitbee when paying by interac. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2279.9002 COP $9,119,600.80You pay$4,000.00
Remitbee Pay via Bill payment	Fees: $0.00 1 CAD = 2279.9002 COP +1.78% vs mid-market	Recipient gets $9,119,600.80 Next Day
0 reviews
Ways to receive money in Colombia with Remitbee when paying by bill payment. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2279.9002 COP $9,119,600.80You pay$4,000.00
Remitbee Pay via Bank Transfer	Fees: $0.00 1 CAD = 2279.9002 COP +1.78% vs mid-market	Recipient gets $9,119,600.80 Next Day
0 reviews
Ways to receive money in Colombia with Remitbee when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2279.9002 COP $9,119,600.80You pay$4,000.00
Remitly Pay via Debit Card	Fees: $0.00 1 CAD = 2277.9400 COP +1.87% vs mid-market	Recipient gets $9,111,760.00 Within a week
19 reviews Receive to bank account or cash pickup
Ways to receive money in Colombia with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 2277.9400 COP $9,111,760.00You pay$4,000.00 Bre-BWithin a week Free1 CAD = 2277.9400 COP $9,111,760.00You pay$4,000.00 Cash pickupWithin a week Free1 CAD = 2277.9400 COP $9,111,760.00You pay$4,000.00 Mobile walletWithin a week Free1 CAD = 2277.9400 COP $9,111,760.00You pay$4,000.00

Remitly Pay via Credit Card	Fees: $80.00 1 CAD = 2277.9400 COP +1.87% vs mid-market	Recipient gets $9,111,760.00 Within a week
19 reviews Receive to bank account or cash pickup
Ways to receive money in Colombia with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a week $80.001 CAD = 2277.9400 COP $9,111,760.00You pay$4,080.00 Bre-BWithin a week $80.001 CAD = 2277.9400 COP $9,111,760.00You pay$4,080.00 Cash pickupWithin a week $80.001 CAD = 2277.9400 COP $9,111,760.00You pay$4,080.00 Mobile walletWithin a week $80.001 CAD = 2277.9400 COP $9,111,760.00You pay$4,080.00
Wise Pay via Interac	Fees: $72.79 1 CAD = 2320.0200 COP +0.04% vs mid-market	Recipient gets $9,111,205.74 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Colombia with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $72.791 CAD = 2320.0200 COP $9,111,205.74You pay$4,000.00
Only available via Mobile App WorldRemit Pay via Debit Card	Fees: $1.99 1 CAD = 2278.1424 COP +1.86% vs mid-market	Recipient gets $9,108,036.02 Next Day
13 reviews Receive to bank account or cash pickup
Ways to receive money in Colombia with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Mobile moneyNext Day $1.991 CAD = 2278.1424 COP $9,108,036.02You pay$4,000.00 Bank depositNext Day $1.991 CAD = 2278.1424 COP $9,108,036.02You pay$4,000.00 Cash pickupNext Day $3.991 CAD = 2249.1878 COP $8,987,777.14You pay$4,000.00
Koho Pay via Bank Transfer	Fees: $72.89 1 CAD = 2313.7300 COP +0.31% vs mid-market	Recipient gets $9,086,282.61 Next day
0 reviews Receive to bank account
Ways to receive money in Colombia with Koho when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $72.891 CAD = 2313.7300 COP $9,086,282.61You pay$4,000.00
Xe Pay via Credit Card	Fees: $36.00 1 CAD = 2289.4950 COP +1.36% vs mid-market	Recipient gets $9,075,558.18 6-12 Hours
4 reviews Receive to bank accountDedicated support for larger transactions
Ways to receive money in Colombia with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $36.001 CAD = 2289.4950 COP $9,075,558.18You pay$4,000.00
TapTap Send Pay via Debit Card	Fees: $0.00 1 CAD = 2220.0000 COP +4.44% vs mid-market	Recipient gets $8,880,000.00 Minutes
2 reviews Fastest Receive to bank account
Ways to receive money in Colombia with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 CAD = 2220.0000 COP $8,880,000.00You pay$4,000.00 Mobile walletMinutesAvailable via:Bancolombia A la mano, DaviPlata, Movii, Nequi, RappiPay Free1 CAD = 2220.0000 COP $8,880,000.00You pay$4,000.00 TransfiyaMinutesAvailable via:Banks via Trasnfiya Free1 CAD = 2220.0000 COP $8,880,000.00You pay$4,000.00 Bre-BMinutesAvailable via:Bre-B Free1 CAD = 2220.0000 COP $8,880,000.00You pay$4,000.00 Cash pickupMinutesAvailable via:Exito $2.751 CAD = 2220.0000 COP $8,880,000.00You pay$4,002.75
How Our Results Work Mid-market rate: 1 CAD = 2320.8389 COP Updates every 60 minutes.

Why compare

CAD/COP exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Canada to Colombia

Pick a company

Start with the cheapest, which is Remitly at 9,275,080 COP on CA$4,000.

Remitly was the cheapest on 17 of the 30 days it quoted CA$4,000 transfers to Colombia.

More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.

Fund your transfer

You have 6 ways to pay, including debit card, bank transfer, interac, credit card, cash deposit, and bill payment.

Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.

Verify and send

First time round you'll need a photo ID, and often where the money came from.

Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.

Compare amounts

How much CAD are you sending to Colombia?

How much CAD you send to Colombia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Remitly was the cheapest in 44% of the transfers up to CA$1,000 it quoted, and in 51% of all the transfers it quoted.


$100	-2.53%	$0.00	$238,166.00with debit card to bank deposit	+$20,176.79
$500	-2.90%	$0.00	$1,194,545.00with debit card to bank deposit	+$50,981.59
$1,000	-2.93%	$0.00	$2,389,430.00with debit card to bank deposit	+$94,800.63
$3,000	-0.28%	$0.00	$6,981,840.00with bank transfer to bank deposit	+$139,472.09
$4,000This page	0.09%	$0.00	$9,275,080.00with bank transfer to bank deposit	+$141,486.26
$10,000	0.27%	$0.00	$23,142,779.90with bank transfer to bank deposit	+$347,387.71
$25,000	0.27%	$0.00	$57,862,488.57with bank transfer to bank deposit	+$901,364.39
$50,000	0.25%	$0.00	$115,820,611.38with bank transfer to bank deposit	+$1,240,114.78
$100,000	0.25%	$0.00	$231,467,707.53with bank transfer to bank deposit	+$3,773,616.02

Mid-market rate: 1 CAD = 2320.8389 COP

CAD/COP Exchange Rate History

Is today a good time to send money from Canada to Colombia?

The cheapest way to send CAD to COP can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Remitly), across 30 days of comparisons for 4,000 CAD transfers to Colombia.

Each line shows what the recipient gets when you send $4,000, after fees, as quoted by each company. The mid-market line shows what $4,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more COP per CAD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 6 of the last 30 days.

Right now, Remitly pays 9,275,080 COP on 4,000 CAD, which is 8,275.58 COP less than the mid-market amount.

Today's payout is the highest in the past month.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Colombia.

We've tracked 270 comparisons to check how often today's top companies were the cheapest across 9 amounts over the past month.

RemitlyAppeared in 145 comparisons
Cheapest in 51% of them
Western UnionAppeared in 154 comparisons
Cheapest in 50% of them
SendwaveAppeared in 148 comparisons
Cheapest in 1% of them

Based on 270 comparisons across 9 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Remitly is the cheapest and gets you the most COP, and it was also the cheapest in 51% of the 145 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Colombia.

Western Union (today's second cheapest) was the cheapest in 50% of its comparisons, so if you send money to Colombia regularly, it's worth comparing it with Remitly before each transfer.

Ways to send money from Canada to Colombia

There are 10 companies sending money to Colombia, but how you send depends on your needs.

Most common option

In-person transfers

Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.

Bring CA$4,000 in cash to the closest Remitly location, and your recipient picks up 9,275,080 COP within minutes.

Our data shows Remitly came out cheapest among in-person options on 60% of days in the past month.

Cash transfers cost more

Cash transfer to Colombia is usually the most expensive option, compare your options above to get the best deal.

For transfers home

Money transfer apps

An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.

Remitly charges CA$0 in fees and adds 0.09% markup, so your CA$4,000 delivers 9,275,080 COP in within a week.

Over the past month, Remitly was the cheapest app on 57% of the days it appeared for CA$4,000 transfers.

You don't need a SIN to sign up either, a passport works.

For one-off transfers

Online transfers

For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.

Of the 10 companies we compared, Remitly is the cheapest online service and currently gets you 9,275,080 COP on a CA$4,000 transfer after a CA$0 fee and 0.09% markup.

In our comparisons over the past month, it was the cheapest online service on 17 of the 30 days it quoted.

Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.

For large transfers from Canada

Currency brokers

For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.

Brokers like Xe charge no fees but add 1.36% on CAD/COP interbank rate.

The markup gets lower the more you send, with an account manager handling it end to end.

Our analysis shows Xe was the cheapest broker in 45% of all the transfers it quoted.

If you're sending large amounts, expect more questions about the transfers, so have statements and documents ready to avoid delays.

If you already have one

Challenger banks

Some neobanks in Canada include international transfers with no transfer fee as part of the account.

Koho sends your CA$4,000 for CA$72.89 in fees with 0.31% markup.

It's a good option for small occasional transfers, but I still suggest .

Our data shows Koho came out cheapest among challenger banks on 100% of days in the past month.

For businesses paying abroad

Global accounts

Global accounts handle the business side, paying suppliers, contractors and overseas invoices in COP.

Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.

For spending abroad and getting paid

Multi-currency accounts

If part of your life runs in COP, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.

Wise lets you hold CAD and COP, and convert between them at low cost.

For example, converting $4,000 costs $63.67 in fees at 0.04% markup, which gets you 9,132,364.33 COP.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund CAD and receive COP in Colombia

With Remitly, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CA$4,000 gives your recipient 9,275,080 COP.

Deposit CAD using debit card, bank transfer, interac, credit card, cash deposit, and bill payment.

I suggest using Interac e-Transfer for simplicity

Follow the company's Interac instructions and check the business name before sending.

Do not send to an email address supplied outside the company's app or website.

The recipient can receive COP through bank deposit, cash pickup, mobile wallet, mobile money, bre-b, and transfiya.

For a bank deposit payout, you will need the recipient's bank details in Colombia.

1

Bank transfer Bank deposit

You pay CA$4,000.00

COL$9,275,080

Cheapest
2

Bank transfer Bre-b

You pay CA$4,000.00

COL$9,275,080

COL$0
3

Bank transfer Cash pickup

You pay CA$4,000.00

COL$9,275,080

COL$0
4

Bank transfer Mobile wallet

You pay CA$4,000.00

COL$9,275,080

COL$0
5

Interac Bank deposit

You pay CA$4,000.00

COL$9,275,080

COL$0

Show moreShow less

6

Interac Bre-b

You pay CA$4,000.00

COL$9,275,080

COL$0
7

Interac Cash pickup

You pay CA$4,000.00

COL$9,275,080

COL$0
8

Interac Mobile wallet

You pay CA$4,000.00

COL$9,275,080

COL$0
9

debit card Bank deposit

You pay CA$4,000.00

COL$9,217,779

-COL$57,301
10

debit card Mobile money

You pay CA$4,000.00

COL$9,169,378

-COL$105,702
11

debit card Mobile wallet

You pay CA$4,001.99

COL$9,133,370

-COL$141,710
12

credit card Mobile wallet

You pay CA$4,001.99

COL$9,133,370

-COL$141,710
13

Cash deposit Mobile wallet

You pay CA$4,001.99

COL$9,133,370

-COL$141,710
14

credit card Bank deposit

You pay CA$4,001.49

COL$9,133,074

-COL$142,006
15

Cash deposit Bank deposit

You pay CA$4,001.49

COL$9,133,074

-COL$142,006
16

debit card Cash pickup

You pay CA$4,003.99

COL$9,132,793

-COL$142,287
17

credit card Cash pickup

You pay CA$4,003.99

COL$9,132,793

-COL$142,287
18

Cash deposit Cash pickup

You pay CA$4,003.99

COL$9,132,793

-COL$142,287
19

Bill payment Bank deposit

You pay CA$4,000.00

COL$9,119,601

-COL$155,479
20

debit card Bre-b

You pay CA$4,000.00

COL$9,111,760

-COL$163,320
21

credit card Bre-b

You pay CA$4,080.00

COL$9,111,760

-COL$163,320
22

debit card Transfiya

You pay CA$4,000.00

COL$8,880,000

-COL$395,080

Consider this when sending CAD to Colombia

Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.

Compare CAD/COP transfer options

For a CA$4,000 transfer to Colombia, these are the cheapest, fastest and easiest options available now.

Best way to send money to Colombia

Remitly is the cheapest and easiest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 9,275,080 COP, which is 0.62% more than the next best option.

Fastest way to send money to Colombia

TapTap Send is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 8,880,000 COP in minutes.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in Colombia.

When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.

C$10,000 reporting threshold

There is no C$10,000 legal cap on electronic transfers from Canada.

A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.

The bank or transfer company makes that report, you do not file it yourself.

But you may be asked for proof of where the money came from.

Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.

Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.

CDIC protection

Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.

Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.

If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.

If you live in Quebec, also confirm that it is allowed to provide money services there.

How we analyse the market

Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.

That covers 10 FINTRAC-registered companies sending CAD to Colombia, updated in real time during a live search, compared on rates, fees and how your recipient can collect.

In the past 30 days alone, we analyzed 270 comparisons across 9 amounts.

This page covers the cheapest and fastest options for CAD/COP transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

Send money from Canada

Send money to Colombia

Send money from United States to Colombia Send money from Spain to Colombia Send money from India to Colombia Send money from Germany to Colombia Send money from Brazil to Colombia Send money from France to Colombia Send money from Switzerland to Colombia Send money from United Kingdom to Colombia

Mon, Oct 12, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2248.3211	–	$8,993,284.54
Remitbee Cheapest	2223.0268	$0.00	$8,892,107.20	−$101,177.34
Remitly	2220.1000	$0.00	$8,880,400.00	−$112,884.54
Sendwave	2217.8834	$1.49	$8,868,229.03	−$125,055.51
Western Union	2210.8074	$0.00	$8,843,230.00	−$150,054.54

Tue, Oct 13, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2241.8529	–	$8,967,411.48
Remitly Cheapest	2230.8000	$0.00	$8,923,200.00	−$44,211.48
Western Union	2207.4021	$0.00	$8,829,609.00	−$137,802.48
Sendwave No quote collected this day	–	–	–	–

Wed, Oct 14, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2245.3769	–	$8,981,507.67
Western Union Cheapest	2237.5448	$0.00	$8,950,180.00	−$31,327.67
Remitly	2232.0800	$0.00	$8,928,320.00	−$53,187.67
Sendwave	2218.5837	$1.49	$8,871,029.23	−$110,478.44

Thu, Oct 15, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2249.0724	–	$8,996,289.80
Remitly Cheapest	2241.3200	$0.00	$8,965,280.00	−$31,009.80
Western Union	2233.9377	$0.00	$8,935,751.00	−$60,538.80
Sendwave	2228.1698	$1.49	$8,909,359.11	−$86,930.69

Fri, Oct 16, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2239.8824	–	$8,959,529.62
Western Union Cheapest	2227.8994	$0.00	$8,911,598.00	−$47,931.62
Remitly	2227.0000	$0.00	$8,908,000.00	−$51,529.62
Sendwave	2214.1382	$1.49	$8,853,253.77	−$106,275.85

Sat, Oct 17, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2241.8878	–	$8,967,551.34
Western Union Cheapest	2237.9586	$0.00	$8,951,835.00	−$15,716.34
Remitly	2236.2900	$0.00	$8,945,160.00	−$22,391.34
Sendwave	2219.3439	$1.49	$8,874,068.66	−$93,482.68

Mon, Oct 19, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2250.3141	–	$9,001,256.35
Remitly Cheapest	2238.8100	$0.00	$8,955,240.00	−$46,016.35
Western Union	2237.9586	$0.00	$8,951,835.00	−$49,421.35
Sendwave	2225.6112	$1.49	$8,899,128.48	−$102,127.87

Tue, Oct 20, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2245.6769	–	$8,982,707.59
Western Union Cheapest	2234.5331	$0.00	$8,938,133.00	−$44,574.59
Remitly	2233.1000	$0.00	$8,932,400.00	−$50,307.59
Sendwave No quote collected this day	–	–	–	–

Wed, Oct 21, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2263.7324	–	$9,054,929.68
Remitly Cheapest	2241.5300	$0.00	$8,966,120.00	−$88,809.68
Western Union	2240.9770	$0.00	$8,963,908.00	−$91,021.68
Sendwave	2226.9540	$1.49	$8,904,497.88	−$150,431.80

Thu, Oct 22, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2279.8837	–	$9,119,534.73
Western Union Cheapest	2273.1900	$0.00	$9,092,761.00	−$26,773.73
Remitly	2266.5600	$0.00	$9,066,240.00	−$53,294.73
Sendwave	2252.7564	$1.49	$9,007,668.91	−$111,865.82

Fri, Oct 23, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2275.5830	–	$9,102,331.97
Western Union Cheapest	2277.5383	$0.00	$9,110,154.00	+$7,822.03
Remitly	2264.1900	$0.00	$9,056,760.00	−$45,571.97
Sendwave	2250.3242	$1.49	$8,997,943.66	−$104,388.31

Sat, Oct 24, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2264.8946	–	$9,059,578.46
Western Union Cheapest	2257.5773	$0.00	$9,030,310.00	−$29,268.46
Remitly	2246.2400	$0.00	$8,984,960.00	−$74,618.46
Sendwave No quote collected this day	–	–	–	–

Mon, Oct 26, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2254.9770	–	$9,019,908.14
Western Union Cheapest	2257.5773	$0.00	$9,030,310.00	+$10,401.86
Remitly	2245.2900	$0.00	$8,981,160.00	−$38,748.14
Sendwave No quote collected this day	–	–	–	–

Tue, Oct 27, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2248.0388	–	$8,992,155.16
Western Union Cheapest	2247.3249	$0.00	$8,989,300.00	−$2,855.16
Remitly	2243.3800	$0.00	$8,973,520.00	−$18,635.16
Sendwave	2230.1278	$1.49	$8,917,188.11	−$74,967.05

Wed, Oct 28, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2241.1639	–	$8,964,655.42
Western Union Cheapest	2234.0047	$0.00	$8,936,019.00	−$28,636.42
Remitly	2232.2200	$0.00	$8,928,880.00	−$35,775.42
Sendwave	2215.9801	$1.49	$8,860,618.75	−$104,036.67

Thu, Oct 29, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2264.8293	–	$9,059,317.15
Remitly Cheapest	2262.7700	$0.00	$9,051,080.00	−$8,237.15
Western Union	2248.7542	$0.00	$8,995,017.00	−$64,300.15
Sendwave	2238.0945	$1.49	$8,949,043.40	−$110,273.75

Fri, Oct 30, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2275.0751	–	$9,100,300.24
Remitly Cheapest	2269.2100	$0.00	$9,076,840.00	−$23,460.24
Western Union	2257.9177	$0.00	$9,031,671.00	−$68,629.24
Sendwave	2243.7675	$1.49	$8,971,726.95	−$128,573.29

Sat, Oct 31, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2264.3238	–	$9,057,295.33
Remitly Cheapest	2280.4100	$0.00	$9,121,640.00	+$64,344.67
Western Union	2264.1411	$0.00	$9,056,565.00	−$730.33
Sendwave	2243.8144	$1.49	$8,971,914.24	−$85,381.09

Mon, Nov 2, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2302.2235	–	$9,208,894.02
Remitly Cheapest	2279.4600	$0.00	$9,117,840.00	−$91,054.02
Western Union	2264.1411	$0.00	$9,056,565.00	−$152,329.02
Sendwave	2253.5329	$1.49	$9,010,774.04	−$198,119.98

Tue, Nov 3, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2310.6705	–	$9,242,681.86
Remitly Cheapest	2280.0900	$0.00	$9,120,360.00	−$122,321.86
Western Union	2262.5223	$0.00	$9,050,090.00	−$192,591.86
Sendwave	2254.0949	$1.49	$9,013,020.96	−$229,660.90

Wed, Nov 4, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2325.9630	–	$9,303,851.82
Remitly Cheapest	2318.1000	$0.00	$9,272,400.00	−$31,451.82
Sendwave	2292.8798	$1.49	$9,168,102.85	−$135,748.97
Western Union	2285.2797	$0.00	$9,141,119.00	−$162,732.82

Thu, Nov 5, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2314.8596	–	$9,259,438.44
Remitly Cheapest	2311.3300	$0.00	$9,245,320.00	−$14,118.44
Western Union	2301.8462	$0.00	$9,207,385.00	−$52,053.44
Sendwave	2285.9624	$1.49	$9,140,443.44	−$118,995.00

Fri, Nov 6, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2305.2017	–	$9,220,806.62
Remitly Cheapest	2300.8800	$0.00	$9,203,520.00	−$17,286.62
Western Union	2290.2190	$0.00	$9,160,877.00	−$59,929.62
Sendwave	2276.3046	$1.49	$9,101,826.67	−$118,979.95

Sat, Nov 7, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2303.8431	–	$9,215,372.58
Remitly Cheapest	2294.0900	$0.00	$9,176,360.00	−$39,012.58
Western Union	2290.3698	$0.00	$9,161,480.00	−$53,892.58
Sendwave	2262.2678	$1.49	$9,045,700.34	−$169,672.24

Sun, Nov 8, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2293.2550	–	$9,173,020.07
Remitly Cheapest	2294.0900	$0.00	$9,176,360.00	+$3,339.93
Western Union	2290.3698	$0.00	$9,161,480.00	−$11,540.07
Sendwave	2262.2678	$1.49	$9,045,700.34	−$127,319.73

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