Best companies for COP/NGN transfers
5 of 5 providers Last updated on 10 November 2026
Based on 936,800 COP transfer Best companies for COP/NGN transfers Sort Cheapest
Run a live search Showing top Colombia to Nigeria deals for 936,800 COP. 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 COP to NGN rates.
Run a live search These companies offer multi-currency accounts for spending NGN. We suggest doing a live search based on how much COP you're planning to spend in Nigeria.
Run a live search These are managed services with real human support for large COP transfers. Click the link and update the transfer amount to get the best deal.
Paysend Pay via Debit card	Fee $0.00 1 COP = 0.4118 NGN -0.18% vs mid-market	Recipient gets ₦385,727.82 Minutes - 24 hours
0 reviews Cheapest
Ways to receive money in Nigeria with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 COP = 0.4118 NGN ₦385,727.82You pay$936,800.00

Paysend Pay via Credit card	Fee $0.00 1 COP = 0.4118 NGN -0.18% vs mid-market	Recipient gets ₦385,727.82 Minutes - 24 hours
0 reviews
Ways to receive money in Nigeria with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 COP = 0.4118 NGN ₦385,727.82You pay$936,800.00
Pricing based on Revolut Standard plan Revolut Pay via Bank transfer	Fee $4,000.00 1 COP = 0.4042 NGN +1.67% vs mid-market	Recipient gets ₦377,013.42 Within minutes
10 reviews FastestOur top pick Multi-currency cardReceive to bank account
Ways to receive money in Nigeria with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes $4,000.001 COP = 0.4042 NGN ₦377,013.42You pay$936,800.00
US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US / for details.
Send Money Between PayPal Accounts PayPal App (P2P Transfer) Pay via Bank transfer	Fee $37,472.00 1 COP = 0.3863 NGN +6.00% vs mid-market	Recipient gets ₦347,445.53 Minutes
0 reviews
Ways to receive money in Nigeria with PayPal App (P2P Transfer) when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes $37,472.001 COP = 0.3863 NGN ₦347,445.53You pay$936,800.00
Send cash via a MoneyGram agent MoneyGram Agent Pay via Bank transfer	Fee $37,472.00 1 COP = 0.3863 NGN +6.00% vs mid-market	Recipient gets ₦347,445.53 Minutes - 3 days
0 reviews
Ways to receive money in Nigeria with MoneyGram Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days $37,472.001 COP = 0.3863 NGN ₦347,445.53You pay$936,800.00
Send cash via a Western Union agent Western Union Agent Pay via Bank transfer	Fee $28,104.00 1 COP = 0.3822 NGN +7.00% vs mid-market	Recipient gets ₦347,330.03 Minutes - 5 days
0 reviews
Ways to receive money in Nigeria with Western Union Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days $28,104.001 COP = 0.3822 NGN ₦347,330.03You pay$936,800.00
How Our Results Work Mid-market rate: 1 COP = 0.4110 NGN Updates every 60 minutes.

Why compare

COP/NGN exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Colombia to Nigeria

Pick a company

Start with the cheapest option, which is Paysend. It will get you the most NGN on a COP 936,800 transfer.

Paysend was the cheapest on 15 of the 30 days it quoted COL$936,800 transfers to Nigeria.

This heavily depends on how much you send, so I suggest to get the best COP/NGN rate.

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit card.

Depending on the company, you may be able to pay with PSE or Bre-B from your bank, the same way you pay for anything online.

Verify and send

First time round you'll need your cédula and a photo of it.

Make sure to only use a regulated service, and never use informal methods just because they offer a better COP/NGN rate.

Compare amounts

How much COP are you sending to Nigeria?

How much COP you send to Nigeria 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 Paysend was the cheapest in 50% of all the transfers it quoted over the past month.


$936,800This page	-0.18%	$0.00	₦385,727.82with debit card to bank deposit	+₦20,612.79
$4,000,000	1.67%	$24,000.00	₦1,606,995.49with bank transfer to bank deposit	₦0.00
$12,000,000	1.59%	$104,000.00	₦4,812,086.02with bank transfer to bank deposit	₦0.00
$30,000,000	1.53%	$284,000.00	₦12,022,002.34with bank transfer to bank deposit	₦0.00

Mid-market rate: 1 COP = 0.4110 NGN

COP/NGN Exchange Rate History

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

The cheapest way to send COP to NGN 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 Paysend), across 30 days of comparisons for 936,800 COP transfers to Nigeria.

Each line shows what the recipient gets when you send $936,800, after fees, as quoted by each company. The mid-market line shows what $936,800 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 NGN per COP 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 2 of the last 30 days.

Right now, Paysend pays 385,727.82 NGN on 936,800 COP, which is 703.96 NGN more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 393,008.08 NGN.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

If you need to send money now, it's a good time to send.

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 Nigeria.

We've tracked 118 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

PaysendAppeared in 30 comparisons
Cheapest in 50% of them
RevolutAppeared in 112 comparisons
Cheapest in 88% of them
PayPal App (P2P Transfer)Appeared in 30 comparisons
Never the cheapest

Based on 118 comparisons across 4 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 analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Paysend is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Revolut (today's second cheapest) was the cheapest in 88% of its comparisons, so if you send money to Nigeria regularly, it's worth comparing it with Paysend before each transfer.

Ways to send money from Colombia to Nigeria

5 companies send money from Colombia to Nigeria.

For everyday transfers with Colombian apps

Money transfer apps

Most apps in Colombia are for domestic transfers, but you have a few options to send money to Nigeria.

Paysend is the cheapest option.

It charges COL$0 on a COP 936,800 transfer and delivers 385,727.82 NGN in minutes - 24 hours.

Over the past month, Paysend was the cheapest app on 50% of the days it appeared for COL$936,800 transfers.

Depending on the company, you can fund it with a PSE or Bre-B from your bank, which is usually instant.

Receiving and spending

Multi-currency accounts

Revolut lets you hold COP and other currencies (like USD) in one account, with account details for both.

This is useful if you’re getting paid in NGN, or traveling to Nigeria often.

You can swap between them at any time.

Revolut will charge COP 4,000 and add 1.67% markup on a COP 936,800 conversion.

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

For businesses working abroad

Global accounts

Payoneer and Veem are good options for Colombian businesses working in Nigeria or in NGN.

Ways to fund COP and receive NGN in Nigeria

With Paysend, paying by debit card and receiving through bank deposit is the cheapest combination. Sending 936,800 COP gives your recipient 385,727.82 NGN.

For receiving NGN, the options are bank deposit.

You can pay in COP by bank transfer, debit card, and credit card.

Paying from a Colombian bank account

Use bank transfer to fund the transfer to Nigeria.

Make sure to check the account name and payment reference before approving it in your bank app.

The 4x1,000 tax can apply when money leaves a Colombian bank account, so check whether your account or transaction is exempt beforehand.

1

Debit card Bank deposit

You pay COL$936,800.00

₦385,728

Cheapest
2

Credit card Bank deposit

You pay COL$936,800.00

₦385,728

₦0
3

Bank transfer Bank deposit

You pay COL$936,800.00

₦377,013

-₦8,714

Consider this when sending COP to Nigeria

Sending money out of Colombia is less straightforward than receiving it. Compare the small number of outbound options, then account for the 4x1000 and any documents needed for the payment.

Compare COP/NGN transfer options

For a COP 936,800 transfer to Nigeria, these are the best options:

Cheapest way to send money to Nigeria

The cheapest option is Paysend, funded by debit card with bank deposit for the payout. Your recipient gets 385,727.82 NGN, which is 2.26% more than the next best option.

Fastest way to send money to Nigeria

The fastest option is Revolut. Pay by bank transfer and choose bank deposit in Nigeria. Your recipient gets 377,013.42 NGN, with the money available in within minutes.

0.4% transaction tax

The bank debit used to fund a transfer can also attract Colombia's “4x1000”, a 0.4% financial transaction tax.

Exemptions depend on the account and the total movements covered by the exemption, so check the debit on your own account before comparing the final cost.

Required documents

Most personal and family payments can be handled as free-market transactions.

Payments tied to imports, foreign investment, external debt and other operations that must pass through the foreign-exchange market need to be channelled through an Intermediario del Mercado Cambiario or a registered compensation account.

In practice, the bank or transfer company will ask for your ID, the payment purpose and proof of where the money came from when needed.

For tuition, property or an investment, have the invoice or agreement ready before starting.

The Banco de la República explains which transactions must be channelled through the formal foreign-exchange market.

PSE and Bre-B only fund the Colombian side

PSE and Bre-B only work inside Colombia.

Some remittance companies will let you use them as a funding method, but you can’t use either as a direct way to send money to Nigeria.

How we analyse the market

Every company here is regulated, which is the first thing worth checking anywhere.

In the past 30 days alone, we analysed 118 comparisons across 4 amounts.

This page covers the cheapest and fastest options for COP/NGN 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.

We track 5 of them on COP to NGN in real time on live searches, comparing fees, rates and how the money is paid in and collected, and each one goes through our review.

More on who we are, how we stay independent 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 Colombia

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Send money to Nigeria

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Mon, Oct 12, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4154	–	₦389,177.63
Revolut Cheapest	0.4108	$4,000.00	₦383,231.26	−₦5,946.37
Paysend	0.4070	$0.00	₦381,264.48	−₦7,913.15
PayPal App (P2P Transfer)	0.3905	$37,472.00	₦351,193.90	−₦37,983.73

Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4162	–	₦389,877.42
Revolut Cheapest	0.4097	$4,000.00	₦382,203.93	−₦7,673.49
Paysend	0.4068	$0.00	₦381,075.42	−₦8,802.00
PayPal App (P2P Transfer)	0.3912	$37,472.00	₦351,825.39	−₦38,052.03

Wed, Oct 14, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4168	–	₦390,483.53
Revolut Cheapest	0.4110	$4,000.00	₦383,346.91	−₦7,136.62
Paysend	0.4083	$0.00	₦382,526.76	−₦7,956.77
PayPal App (P2P Transfer)	0.3918	$37,472.00	₦352,372.34	−₦38,111.19

Thu, Oct 15, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4160	–	₦389,684.44
Revolut Cheapest	0.4093	$4,000.00	₦381,796.63	−₦7,887.81
Paysend	0.4063	$0.00	₦380,663.37	−₦9,021.07
PayPal App (P2P Transfer)	0.3910	$37,472.00	₦351,651.24	−₦38,033.20

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4191	–	₦392,635.36
Revolut Cheapest	0.4123	$4,000.00	₦384,561.76	−₦8,073.60
Paysend	0.4084	$0.00	₦382,575.34	−₦10,060.02
PayPal App (P2P Transfer)	0.3940	$37,472.00	₦354,314.15	−₦38,321.21

Sat, Oct 17, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4194	–	₦392,909.85
Paysend Cheapest	0.4082	$0.00	₦382,443.84	−₦10,466.01
Revolut	0.4120	$13,368.00	₦380,463.75	−₦12,446.10
PayPal App (P2P Transfer)	0.3943	$37,472.00	₦354,561.84	−₦38,348.01

Mon, Oct 19, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4199	–	₦393,354.83
Revolut Cheapest	0.4136	$4,000.00	₦385,819.06	−₦7,535.77
Paysend	0.4087	$0.00	₦382,908.26	−₦10,446.57
PayPal App (P2P Transfer)	0.3947	$37,472.00	₦354,963.39	−₦38,391.44

Tue, Oct 20, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4197	–	₦393,174.96
Paysend Cheapest	0.4108	$0.00	₦384,833.42	−₦8,341.54
PayPal App (P2P Transfer)	0.3945	$37,472.00	₦354,801.08	−₦38,373.88
Revolut No quote collected this day	–	–	–	–

Wed, Oct 21, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4182	–	₦391,754.77
Revolut Cheapest	0.4137	$4,000.00	₦385,871.35	−₦5,883.42
Paysend	0.4083	$0.00	₦382,538.63	−₦9,216.14
PayPal App (P2P Transfer)	0.3931	$37,472.00	₦353,519.51	−₦38,235.26

Thu, Oct 22, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4165	–	₦390,194.06
Revolut Cheapest	0.4107	$4,000.00	₦383,143.96	−₦7,050.10
Paysend	0.4062	$0.00	₦380,536.73	−₦9,657.33
PayPal App (P2P Transfer)	0.3915	$37,472.00	₦352,111.12	−₦38,082.94

Fri, Oct 23, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4174	–	₦391,041.87
Revolut Cheapest	0.4118	$4,000.00	₦384,081.34	−₦6,960.53
Paysend	0.4077	$0.00	₦381,909.06	−₦9,132.81
PayPal App (P2P Transfer)	0.3924	$37,472.00	₦352,876.18	−₦38,165.69

Sat, Oct 24, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4200	–	₦393,474.74
Paysend Cheapest	0.4148	$0.00	₦388,616.30	−₦4,858.44
Revolut	0.4202	$13,368.00	₦387,990.48	−₦5,484.26
PayPal App (P2P Transfer)	0.3948	$37,472.00	₦355,071.60	−₦38,403.14

Mon, Oct 26, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4260	–	₦399,104.90
Revolut Cheapest	0.4191	$4,000.00	₦390,939.32	−₦8,165.58
Paysend	0.4150	$0.00	₦388,803.55	−₦10,301.35
PayPal App (P2P Transfer)	0.4005	$37,472.00	₦360,152.27	−₦38,952.63

Tue, Oct 27, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4252	–	₦398,303.94
Paysend Cheapest	0.4195	$0.00	₦393,008.08	−₦5,295.86
Revolut	0.4206	$4,000.00	₦392,334.89	−₦5,969.05
PayPal App (P2P Transfer)	0.3997	$37,472.00	₦359,429.48	−₦38,874.46

Wed, Oct 28, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4259	–	₦399,021.53
Revolut Cheapest	0.4211	$4,000.00	₦392,780.12	−₦6,241.41
Paysend	0.4180	$0.00	₦391,577.08	−₦7,444.45
PayPal App (P2P Transfer)	0.4004	$37,472.00	₦360,077.03	−₦38,944.50

Thu, Oct 29, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4247	–	₦397,894.56
Revolut Cheapest	0.4191	$4,000.00	₦390,909.84	−₦6,984.72
Paysend	0.4159	$0.00	₦389,632.64	−₦8,261.92
PayPal App (P2P Transfer)	0.3993	$37,472.00	₦359,060.05	−₦38,834.51

Fri, Oct 30, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4237	–	₦396,905.30
Revolut Cheapest	0.4182	$4,000.00	₦390,069.24	−₦6,836.06
Paysend	0.4128	$0.00	₦386,716.57	−₦10,188.73
PayPal App (P2P Transfer)	0.3983	$37,472.00	₦358,167.34	−₦38,737.96

Sat, Oct 31, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4255	–	₦398,629.01
Paysend Cheapest	0.4048	$0.00	₦379,219.52	−₦19,409.49
Revolut	0.4102	$13,368.00	₦378,758.21	−₦19,870.80
PayPal App (P2P Transfer)	0.4000	$37,472.00	₦359,722.82	−₦38,906.19

Mon, Nov 2, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4177	–	₦391,324.78
Revolut Cheapest	0.4107	$4,000.00	₦383,077.09	−₦8,247.69
Paysend	0.4039	$0.00	₦378,383.81	−₦12,940.97
PayPal App (P2P Transfer)	0.3927	$37,472.00	₦353,131.48	−₦38,193.30

Tue, Nov 3, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4154	–	₦389,149.53
Revolut Cheapest	0.4088	$4,000.00	₦381,284.86	−₦7,864.67
Paysend	0.4066	$0.00	₦380,935.19	−₦8,214.34
PayPal App (P2P Transfer)	0.3905	$37,472.00	₦351,168.54	−₦37,980.99

Wed, Nov 4, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4136	–	₦387,478.28
Paysend Cheapest	0.4138	$0.00	₦387,619.11	+₦140.83
Revolut	0.4077	$4,000.00	₦380,274.55	−₦7,203.73
PayPal App (P2P Transfer)	0.3888	$37,472.00	₦349,660.40	−₦37,817.88

Thu, Nov 5, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4169	–	₦390,530.37
Paysend Cheapest	0.4158	$0.00	₦389,505.15	−₦1,025.22
Revolut	0.4106	$4,000.00	₦383,049.88	−₦7,480.49
PayPal App (P2P Transfer)	0.3919	$37,472.00	₦352,414.61	−₦38,115.76

Fri, Nov 6, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4152	–	₦388,994.96
Paysend Cheapest	0.4143	$0.00	₦388,111.23	−₦883.73
Revolut	0.4098	$4,000.00	₦382,261.24	−₦6,733.72
PayPal App (P2P Transfer)	0.3903	$37,472.00	₦351,029.05	−₦37,965.91

Sat, Nov 7, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4143	–	₦388,145.28
Paysend Cheapest	0.4128	$0.00	₦386,717.76	−₦1,427.52
Revolut	0.4087	$13,368.00	₦377,396.65	−₦10,748.63
PayPal App (P2P Transfer)	0.3895	$37,472.00	₦350,262.30	−₦37,882.98

Sun, Nov 8, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.4163	–	₦389,965.48
Paysend Cheapest	0.4128	$0.00	₦386,748.58	−₦3,216.90
Revolut	0.4087	$13,368.00	₦377,396.65	−₦12,568.83
PayPal App (P2P Transfer)	0.3913	$37,472.00	₦351,904.85	−₦38,060.63

How to send money to Nigeria from Colombia with the best COP-NGN rate

Best companies for COP/NGN transfers