The Best International Money Transfer Services in Colombia in 2026

Companies for sending money abroad from Colombia

These services accept outbound payments, with bank delivery and cash access kept separate so you can choose around the recipient's needs.

Online peso-funded bank payments

8.2

Global66

Fees

1%

Exchange Rate Markup

1.1 - 2%

Transfer Speed

Minutes - 24 hours

Visit

"An exciting, fast-growing global payments company focusing on Latin America. Official fintech partner of FC Bayern Munich and offers a best price guarantee."

Cash collection and in-person sending

8.1

Western Union

Fees

None

Exchange Rate Markup

0.2% - 1.5%

Transfer Speed

1 - 5 days

Visit

Account-funded cash delivery

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Davivienda

Fees

Exchange Rate Markup

Transfer Speed

Visit

Online personal bank payments

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Bancolombia

Fees

Exchange Rate Markup

Transfer Speed

Visit

Digital submission of supporting documents

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BBVA

Fees

Exchange Rate Markup

Transfer Speed

Visit

Global66

My pick for paying abroad from a Colombian bank account

Global66 lets you fund an international bank transfer through PSE, so you can pay from a Colombian account without opening another bank account.

Its Colombian operation, Global Colombia 81 S.A., is a SEDPE supervised by the Superintendencia Financiera de Colombia.

The local account accepts peso funding, which distinguishes this outbound service from apps offering Colombian recipients bank deposits from abroad.

You enter the destination, amount and recipient’s bank details, then pay through PSE or use an available Global66 balance.

Depending on the destination, those details can include an IBAN or SWIFT code, so ask the recipient for their bank’s incoming-payment instructions.

I'd say consider it for a foreign bank payment when you want to keep funding from your existing Colombian account.

The quoted exchange rate and transfer charge determine the cost, and the delivery estimate depends on the route you select.

Check the recipient amount before paying, especially when you need a specific sum to arrive for rent or another scheduled payment.

Global66’s bank-account route also means that someone needing cash collection abroad will have a different service requirement.

A quote for one destination does not establish the price or payout method available for another country.

Western Union

Best when the recipient needs to collect cash

Western Union gives you a cash-payout option abroad through Colombian operators including Banco Unión, with availability depending on the destination.

I suggest choosing it when the recipient needs cash or cannot receive the money in a bank account.

Banco Unión’s online service can debit an account at Banco Unión or another Colombian bank, rather than requiring you to move your banking first.

However, initial online enrolment requires a printed form delivered to a branch, with access enabled the following business day.

Allow time for that registration if you have never used the service and need an urgent payment.

You can also arrange an agent transfer, but confirm the funding method and required identification with the location you intend to visit.

The exchange rate and sending fee can differ between online and agent transactions, so compare the quote for your chosen channel.

For supported destinations, Banco Unión also offers Western Union bank-account payouts through its personal Directo a Cuenta service.

Its estimated bank delivery time is three working days, and the recipient will need the correct country-specific banking details.

Cash collection depends on agent opening hours and identity checks, so an accepted transfer does not guarantee immediate access everywhere.

Davivienda

Good for family transfers with bank or cash delivery

Davivienda combines transfers to foreign bank accounts with app-funded cash payouts through Ria, giving existing account holders two ways to support relatives abroad.

You need an active individual Davivienda savings or current account and the relevant digital access to send.

For bank transfers, the app supports family or friends without a payment in return, plus transfers between accounts belonging to the same person.

Other purposes, including service payments, use the website or another suitable bank channel and can require supporting documents.

I'd say consider the app for those permitted family transfers, especially when you already keep the pesos in Davivienda.

Bank transfers support USD, EUR, GBP, CAD, CHF and JPY, with the exchange rate forming a separate part of the cost.

Sending fees are US$12 plus VAT for dollars, US$35 plus VAT for yen, and US$25 plus VAT for other supported bank-transfer currencies.

The Ria cash route supports seven countries, including the US, Spain and Chile, and has its own limits and fees.

Its app transfers range from US$50 to US$3,000 equivalent, with a sending charge depending on the amount.

Check which delivery route you selected before comparing prices, because the bank-transfer tariff does not apply to Ria cash collection.

Bancolombia

Online sending with branch support

Bancolombia lets personal customers send to foreign bank accounts through Sucursal Virtual Personas, while physical branches offer another channel for arranging a transfer.

That combination suits someone who can complete an ordinary payment online but wants a bank office available for documentation or transaction questions.

You need an active funded account, a registered beneficiary and the digital credentials required to authorise the transfer.

The online flow includes the purpose of payment, an optional reference and a downloadable receipt, which helps you retain the transaction record.

I suggest considering this route when keeping the payment within your existing bank is more convenient than registering elsewhere.

The general online limit is US$10,000 daily, so a larger payment requires checking another channel with the bank.

The online sending commission is 4.5% of the dollar value plus US$5, subject to a US$12 minimum and US$29 maximum, plus VAT.

That cap prevents the percentage fee from continuing to grow indefinitely, but the bank’s exchange rate still affects your total cost.

Physical branches use a different tariff and require identification, recipient banking details and the relevant transaction forms.

Compare the final bank quote with quotes from money transfer apps in Colombia before paying, particularly when a fixed sending charge is large relative to your transfer.

BBVA Colombia

My choice for handling payment documents digitally

BBVA Colombia lets personal customers send abroad from their BBVA account and submit the documents supporting the transaction through its digital channels.

That document handling is a reason to consider it for a payment requiring more than a recipient’s name and account number.

You register the foreign bank details, choose the purpose and debit the money from an eligible BBVA account.

You can also submit supporting documents through BBVA Net after arranging a currency transaction by phone with the bank’s FX desk.

I'd say consider that combination when you want a bank-managed transfer and can prepare the paperwork electronically.

The app supports currency purchases or sales totalling up to US$50,000 equivalent monthly, with larger amounts directed to BBVA Net.

The minimum is US$30, and the exchange functionality operates during specified hours rather than around the clock.

Those hours are 6am to 2pm and 3pm to 8pm, so leave enough time to arrange a payment before its deadline.

A rate that changes in real time can still include the bank’s margin, and the final cost also depends on applicable transfer charges.

Ask about intermediary or recipient-bank deductions when the beneficiary must receive an exact sum, since sending successfully does not establish the final credited amount.

Choose a service around the payment you need

An overseas bank account or cash collection

For an overseas bank deposit, confirm the recipient's account number, bank identifier and receiving currency before choosing between Global66 and a Colombian bank.

A US recipient may have different instructions for a local payment and a SWIFT wire, so use the details matching the sending method.

For cash collection, check the receiving location and identification requirements before paying, including whether the collection point is open when the money is needed.

I suggest using a cash service when the recipient needs it, rather than choosing bank delivery solely because its quote looks cheaper.

Paying from pesos rather than an existing foreign balance

An app that can send dollars already held abroad is not necessarily able to fund that payment from your Colombian peso account.

Check that the company accepts your residence and payment method, especially when a global service appears in an online comparison.

With bank funding, allow for your own bank's payment limits and the time needed for the company to receive the pesos.

A domestic funding confirmation does not prove the recipient's overseas account has been credited, so check the international stage separately.

Compare the complete cost of a bank payment

A sending commission is only one part of the price, because the exchange rate and outside-bank deductions can also reduce the receiving amount.

In my opinion, you should compare the same peso budget and destination currency, asking whether the sending charge is included or collected separately.

For a university bill or another exact invoice, check whether the recipient or intermediary bank could deduct a charge after the payment leaves Colombia.

Choose the charge arrangement that meets the invoice requirements, rather than assume paying the sender's commission guarantees the full amount arrives.

For repeated family payments, compare the normal price each time instead of treating a previous favourable quote as a permanent rate.

Keep the payment purpose and records clear

Colombian foreign-exchange procedures depend on the transaction's purpose, with investment and goods payments carrying different requirements from ordinary transfers.

When you use a foreign-exchange intermediary, provide the requested purpose information and keep the documents supporting the amount and source of funds.

For a foreign investment account, confirm the receiving institution accepts the funding route and account name before making the payment.

I suggest keeping the transfer receipt and relevant bank instructions together, making a later enquiry easier without treating every personal payment as the same declaration process.

If you need to keep currencies after receiving them, multi-currency accounts in Colombia covers that decision separately from sending money to someone else.

How to send money abroad from Colombia

Check your destination and amount

Use the form below for available live quotes, then check the funding method and recipient instructions before choosing a service.