How to send money to Colombia from Germany with the best EUR-COP rate

TapTap Send is the best and cheapest service overall. On €2,000 you will get 6,980,000 COP after fees and the exchange rate.

We’ve compared 8 money transfer companies in more detail below.

Best companies for EUR/COP transfers

8 of 8 providers

Last updated on 28 October 2026

Based on 2,000 EUR transfer

Best companies for EUR/COP transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €31.88 1 EUR = 3499.2600 COP +0.16% vs mid-market Recipient gets $6,886,963.59 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Colombia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€31.881 EUR = 3499.2600 COP
$6,886,963.59You pay€2,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 3462.8490 COP +1.20% vs mid-market Recipient gets $6,925,698.00 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Colombia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3462.8490 COP
$6,925,698.00You pay€2,000.00

Run a live search

Showing top Germany to Colombia deals for 2,000 EUR. Do a live search with your exact amount for today's best rates.

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 3490.0000 COP +0.42% vs mid-market Recipient gets $6,980,000.00 Minutes
Cheapest
Receive to bank account

Ways to receive money in Colombia with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Mobile walletMinutesAvailable via:Bancolombia A la mano, DaviPlata, Movii, Nequi, RappiPay
Free1 EUR = 3490.0000 COP
$6,980,000.00You pay€2,000.00
TransfiyaMinutesAvailable via:Banks via Trasnfiya
Free1 EUR = 3490.0000 COP
$6,980,000.00You pay€2,000.00
Bre-BMinutesAvailable via:Bre-B
Free1 EUR = 3490.0000 COP
$6,980,000.00You pay€2,000.00
Bank depositMinutes
€0.991 EUR = 3490.0000 COP
$6,980,000.00You pay€2,000.99
Cash pickupMinutesAvailable via:Exito
€3.991 EUR = 3490.0000 COP
$6,980,000.00You pay€2,003.99

Remitly

Pay via Bank transfer
Fee €0.00 1 EUR = 3482.6300 COP +0.63% vs mid-market Recipient gets $6,965,260.00 Within a week
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 EUR = 3482.6300 COP
$6,965,260.00You pay€2,000.00
Bre-BWithin a week
Free1 EUR = 3482.6300 COP
$6,965,260.00You pay€2,000.00
Cash pickupWithin a week
Free1 EUR = 3482.6300 COP
$6,965,260.00You pay€2,000.00
Mobile walletWithin a week
Free1 EUR = 3482.6300 COP
$6,965,260.00You pay€2,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €0.99 1 EUR = 3472.7603 COP +0.92% vs mid-market Recipient gets $6,945,520.60 Minutes - 24 hours

Ways to receive money in Colombia with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Daviplata, Nequi
€0.991 EUR = 3472.7603 COP
$6,945,520.60You pay€2,000.99
Bank depositMinutes - 24 hoursAvailable via:Bancolombia, All Banks, Banco Davivienda
€2.991 EUR = 3472.7603 COP
$6,945,520.60You pay€2,002.99
Cash pickupMinutes - 24 hours
€3.991 EUR = 3435.4173 COP
$6,870,834.60You pay€2,003.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €0.99 1 EUR = 3472.7603 COP +0.92% vs mid-market Recipient gets $6,945,520.60 Minutes - 24 hours

Ways to receive money in Colombia with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Daviplata, Nequi
€0.991 EUR = 3472.7603 COP
$6,945,520.60You pay€2,000.99
Bank depositMinutes - 24 hoursAvailable via:Bancolombia, All Banks, Banco Davivienda
€2.991 EUR = 3472.7603 COP
$6,945,520.60You pay€2,002.99
Cash pickupMinutes - 24 hours
€3.991 EUR = 3435.4173 COP
$6,870,834.60You pay€2,003.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €0.99 1 EUR = 3472.7603 COP +0.92% vs mid-market Recipient gets $6,945,520.60 Minutes - 24 hours

Ways to receive money in Colombia with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Nequi, Daviplata
€0.991 EUR = 3472.7603 COP
$6,945,520.60You pay€2,000.99
Bank depositMinutes - 24 hoursAvailable via:Bancolombia, Banco Davivienda, All Banks
€2.991 EUR = 3472.7603 COP
$6,945,520.60You pay€2,002.99
Cash pickupMinutes - 24 hours
€3.991 EUR = 3435.4173 COP
$6,870,834.60You pay€2,003.99
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee €0.99 1 EUR = 3465.8634 COP +1.12% vs mid-market Recipient gets $6,928,295.54 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in Colombia with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
€0.991 EUR = 3465.8634 COP
$6,928,295.54You pay€2,000.00
Mobile moneyMinutes - 2 days
€0.991 EUR = 3465.8634 COP
$6,928,295.54You pay€2,000.00
Cash pickupMinutes - 2 days
€2.991 EUR = 3446.6086 COP
$6,882,911.80You pay€2,000.00
Card depositMinutes - 2 days
Free1 EUR = 3341.6140 COP
$6,683,227.94You pay€2,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 3462.8490 COP +1.20% vs mid-market Recipient gets $6,925,698.00 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Colombia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3462.8490 COP
$6,925,698.00You pay€2,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 3462.8490 COP +1.20% vs mid-market Recipient gets $6,925,698.00 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Colombia with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3462.8490 COP
$6,925,698.00You pay€2,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 3462.8490 COP +1.20% vs mid-market Recipient gets $6,925,698.00 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Colombia with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3462.8490 COP
$6,925,698.00You pay€2,000.00

Remitly

Pay via Debit card
Fee €0.00 1 EUR = 3447.5800 COP +1.64% vs mid-market Recipient gets $6,895,160.00 Within a week
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 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Bre-BWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Cash pickupWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Mobile walletWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00

Remitly

Pay via Credit card
Fee €0.00 1 EUR = 3447.5800 COP +1.64% vs mid-market Recipient gets $6,895,160.00 Within a week
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
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Bre-BWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Cash pickupWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Mobile walletWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00

Remitly

Pay via Klarna
Fee €0.00 1 EUR = 3447.5800 COP +1.64% vs mid-market Recipient gets $6,895,160.00 Within a week
Receive to bank account or cash pickup

Ways to receive money in Colombia with Remitly when paying by klarna.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Bre-BWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Cash pickupWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Mobile walletWithin a week
Free1 EUR = 3447.5800 COP
$6,895,160.00You pay€2,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €6.00 1 EUR = 3455.0027 COP +1.43% vs mid-market Recipient gets $6,889,275.29 Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Colombia with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€6.001 EUR = 3455.0027 COP
$6,889,275.29You pay€2,000.00

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.

Wise

Pay via Bank transfer
Fee €31.88 1 EUR = 3499.2600 COP +0.16% vs mid-market Recipient gets $6,886,963.59 Same day
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Colombia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€31.881 EUR = 3499.2600 COP
$6,886,963.59You pay€2,000.00

Western Union

Pay via Debit card
Fee €0.00 1 EUR = 3439.4977 COP +1.88% vs mid-market Recipient gets $6,878,996.00 Minutes - 2 days
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 depositMinutes - 2 days
Free1 EUR = 3439.4977 COP
$6,878,996.00You pay€2,000.00

Western Union

Pay via Bank transfer
Fee €0.00 1 EUR = 3439.4977 COP +1.88% vs mid-market Recipient gets $6,878,996.00 Minutes - 2 days
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 depositMinutes - 2 days
Free1 EUR = 3439.4977 COP
$6,878,996.00You pay€2,000.00

Wise

Pay via iDEAL
Fee €35.04 1 EUR = 3499.2600 COP +0.16% vs mid-market Recipient gets $6,875,905.93 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Colombia with Wise when paying by ideal.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€35.041 EUR = 3499.2600 COP
$6,875,905.93You pay€2,000.00

Wise

Pay via Debit card
Fee €47.27 1 EUR = 3499.2600 COP +0.16% vs mid-market Recipient gets $6,833,109.98 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Colombia with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€47.271 EUR = 3499.2600 COP
$6,833,109.98You pay€2,000.00

Wise

Pay via Credit card
Fee €59.03 1 EUR = 3499.2600 COP +0.16% vs mid-market Recipient gets $6,791,958.68 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Colombia with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€59.031 EUR = 3499.2600 COP
$6,791,958.68You pay€2,000.00
How Our Results Work
Mid-market rate: 1 EUR = 3504.7359 COP Updates every 60 minutes.

How to send money from Germany to Colombia

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is TapTap Send.

TapTap Send was the cheapest on 14 of the 30 days it quoted €2,000 transfers to Colombia.

On a 2,000 EUR transfer, TapTap Send delivers the most COP.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/COP rate.

Fund your transfer

You have 5 ways to pay, including debit card, bank transfer, credit card, klarna, and iDEAL.

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Compare amounts

How much EUR are you sending to Colombia?

How much EUR 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 TapTap Send was the cheapest in 11% of the transfers from €7,000 it quoted, and in 29% of all the transfers it quoted.

Cheapest service
€1,0000.14%€0.00$3,499,960.00with bank transfer to bank deposit+$39,627.41
€2,000This page0.42%€0.00$6,980,000.00with debit card to mobile wallet+$74,321.22
€5,0000.41%€0.00$17,450,000.00with debit card to mobile wallet+$184,406.60
€7,0000.27%€0.00$24,458,683.52with bank transfer to bank deposit+$257,231.25
€50,0000.25%€0.00$174,805,873.14with bank transfer to bank deposit+$1,059,953.04

Mid-market rate: 1 EUR = 3504.7359 COP

EUR/COP Exchange Rate History

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

The cheapest way to send EUR 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 TapTap Send), across 30 days of comparisons for 2,000 EUR transfers to Colombia.

COP received for €2,000, after fees

Wed, 28 Oct 2026Mid-market rate$7,009,471.88 TapTap Send $6,980,000.00TapTap Send$6,980,000.00Remitly$6,965,260.00MoneyGram$6,945,520.60

6,8M
7,0M
7,2M
7,4M
7,6M
7,8M
At the mid-market rateWith the cheapest optionTapTap SendRemitlyMoneyGram
Exchange rateFeeRecipient getsDifference
Mid-market rate 3827.6311 – $7,655,262.26
MoneyGram Cheapest 3769.7749 €0.99 $7,539,549.80 −$115,712.46
TapTap Send 3740.0000 €0.00 $7,480,000.00 −$175,262.26
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3784.3125 – $7,568,625.08
TapTap Send Cheapest 3760.0000 €0.00 $7,520,000.00 −$48,625.08
MoneyGram 3749.7421 €0.99 $7,499,484.20 −$69,140.88
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3751.7584 – $7,503,516.89
TapTap Send Cheapest 3755.0000 €0.00 $7,510,000.00 +$6,483.11
MoneyGram 3720.0924 €0.99 $7,440,184.80 −$63,332.09
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3733.4907 – $7,466,981.38
Sendwave Cheapest 3703.4313 €0.99 $7,403,196.18 −$63,785.20
MoneyGram 3693.8082 €0.99 $7,387,616.40 −$79,364.98
TapTap Send 3685.0000 €0.00 $7,370,000.00 −$96,981.38
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3684.1282 – $7,368,256.40
TapTap Send Cheapest 3685.0000 €0.00 $7,370,000.00 +$1,743.60
MoneyGram 3645.2013 €0.99 $7,290,402.60 −$77,853.80
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3725.4517 – $7,450,903.41
Sendwave Cheapest 3703.6042 €0.99 $7,403,541.77 −$47,361.64
TapTap Send 3685.0000 €0.00 $7,370,000.00 −$80,903.41
MoneyGram 3645.2013 €0.99 $7,290,402.60 −$160,500.81
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3694.6286 – $7,389,257.26
TapTap Send Cheapest 3650.0000 €0.00 $7,300,000.00 −$89,257.26
MoneyGram 3645.2013 €0.99 $7,290,402.60 −$98,854.66
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3594.4626 – $7,188,925.27
TapTap Send Cheapest 3635.0000 €0.00 $7,270,000.00 +$81,074.73
MoneyGram 3560.2751 €2.99 $7,120,550.20 −$68,375.07
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3640.5125 – $7,281,024.90
Sendwave Cheapest 3594.2412 €0.99 $7,184,924.08 −$96,100.82
TapTap Send 3580.0000 €0.00 $7,160,000.00 −$121,024.90
MoneyGram 3575.7702 €2.99 $7,151,540.40 −$129,484.50
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3636.4761 – $7,272,952.28
WorldRemit Cheapest 3593.0055 €0.99 $7,182,453.94 −$90,498.34
TapTap Send 3590.0000 €0.00 $7,180,000.00 −$92,952.28
MoneyGram 3589.3462 €0.99 $7,178,692.40 −$94,259.88
Remitly No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3623.7050 – $7,247,409.91
TapTap Send Cheapest 3590.0000 €0.00 $7,180,000.00 −$67,409.91
MoneyGram 3563.2142 €0.99 $7,126,428.40 −$120,981.51
Remitly 3542.3600 €0.00 $7,084,720.00 −$162,689.91
Exchange rateFeeRecipient getsDifference
Mid-market rate 3580.1404 – $7,160,280.81
Sendwave Cheapest 3587.9076 €0.99 $7,172,263.23 +$11,982.42
TapTap Send 3560.0000 €0.00 $7,120,000.00 −$40,280.81
MoneyGram 3548.0038 €0.99 $7,096,007.60 −$64,273.21
Remitly 3506.5300 €0.00 $7,013,060.00 −$147,220.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 3580.1404 – $7,160,280.81
Sendwave Cheapest 3587.9076 €0.99 $7,172,263.23 +$11,982.42
TapTap Send 3560.0000 €0.00 $7,120,000.00 −$40,280.81
MoneyGram 3548.0038 €0.99 $7,096,007.60 −$64,273.21
Remitly 3506.5300 €0.00 $7,013,060.00 −$147,220.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 3590.0872 – $7,180,174.44
Sendwave Cheapest 3562.1595 €0.99 $7,120,792.38 −$59,382.06
TapTap Send 3550.0000 €0.00 $7,100,000.00 −$80,174.44
MoneyGram 3548.0038 €0.99 $7,096,007.60 −$84,166.84
Remitly 3506.8400 €0.00 $7,013,680.00 −$166,494.44
Exchange rateFeeRecipient getsDifference
Mid-market rate 3573.3641 – $7,146,728.24
TapTap Send Cheapest 3540.0000 €0.00 $7,080,000.00 −$66,728.24
MoneyGram 3536.3026 €0.99 $7,072,605.20 −$74,123.04
Remitly 3514.6200 €0.00 $7,029,240.00 −$117,488.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 3573.6172 – $7,147,234.31
TapTap Send Cheapest 3540.0000 €0.00 $7,080,000.00 −$67,234.31
MoneyGram 3520.0385 €0.99 $7,040,077.00 −$107,157.31
Remitly 3511.9300 €0.00 $7,023,860.00 −$123,374.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 3586.0336 – $7,172,067.10
Sendwave Cheapest 3568.4731 €0.99 $7,133,413.49 −$38,653.61
MoneyGram 3543.0218 €2.99 $7,086,043.60 −$86,023.50
Remitly 3532.0100 €0.00 $7,064,020.00 −$108,047.10
TapTap Send 3530.0000 €0.00 $7,060,000.00 −$112,067.10
Exchange rateFeeRecipient getsDifference
Mid-market rate 3566.2663 – $7,132,532.59
TapTap Send Cheapest 3553.0000 €0.00 $7,106,000.00 −$26,532.59
Remitly 3543.5200 €0.00 $7,087,040.00 −$45,492.59
MoneyGram 3519.0793 €2.99 $7,038,158.60 −$94,373.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 3566.6244 – $7,133,248.73
Remitly Cheapest 3549.5200 €0.00 $7,099,040.00 −$34,208.73
TapTap Send 3540.0000 €0.00 $7,080,000.00 −$53,248.73
MoneyGram 3536.4173 €0.99 $7,072,834.60 −$60,414.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 3566.6244 – $7,133,248.73
TapTap Send Cheapest 3550.0000 €0.00 $7,100,000.00 −$33,248.73
Remitly 3549.6600 €0.00 $7,099,320.00 −$33,928.73
MoneyGram 3536.4173 €0.99 $7,072,834.60 −$60,414.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 3565.8946 – $7,131,789.28
TapTap Send Cheapest 3550.0000 €0.00 $7,100,000.00 −$31,789.28
Remitly 3546.2800 €0.00 $7,092,560.00 −$39,229.28
MoneyGram 3536.4173 €0.99 $7,072,834.60 −$58,954.68
Exchange rateFeeRecipient getsDifference
Mid-market rate 3548.8905 – $7,097,781.01
TapTap Send Cheapest 3530.0000 €0.00 $7,060,000.00 −$37,781.01
Remitly 3526.0400 €0.00 $7,052,080.00 −$45,701.01
MoneyGram 3502.2274 €0.99 $7,004,454.80 −$93,326.21
Exchange rateFeeRecipient getsDifference
Mid-market rate 3572.4615 – $7,144,922.93
Remitly Cheapest 3533.5600 €0.00 $7,067,120.00 −$77,802.93
TapTap Send 3530.0000 €0.00 $7,060,000.00 −$84,922.93
MoneyGram 3512.6753 €0.99 $7,025,350.60 −$119,572.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 3598.7401 – $7,197,480.20
Remitly Cheapest 3569.0000 €0.00 $7,138,000.00 −$59,480.20
MoneyGram 3544.7051 €0.99 $7,089,410.20 −$108,070.00
TapTap Send 3530.0000 €0.00 $7,060,000.00 −$137,480.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 3574.4489 – $7,148,897.76
Remitly Cheapest 3552.6800 €0.00 $7,105,360.00 −$43,537.76
TapTap Send 3550.0000 €0.00 $7,100,000.00 −$48,897.76
MoneyGram 3537.8454 €0.99 $7,075,690.80 −$73,206.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 3552.7330 – $7,105,465.98
TapTap Send Cheapest 3535.0000 €0.00 $7,070,000.00 −$35,465.98
Remitly 3519.1900 €0.00 $7,038,380.00 −$67,085.98
MoneyGram 3500.2141 €2.99 $7,000,428.20 −$105,037.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 3552.7330 – $7,105,465.98
Sendwave Cheapest 3549.6937 €0.99 $7,095,873.10 −$9,592.88
TapTap Send 3535.0000 €0.00 $7,070,000.00 −$35,465.98
Remitly 3519.4600 €0.00 $7,038,920.00 −$66,545.98
MoneyGram 3500.2141 €2.99 $7,000,428.20 −$105,037.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 3544.9833 – $7,089,966.59
Remitly Cheapest 3526.4700 €0.00 $7,052,940.00 −$37,026.59
TapTap Send 3510.0000 €0.00 $7,020,000.00 −$69,966.59
MoneyGram 3500.2141 €2.99 $7,000,428.20 −$89,538.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 3519.2277 – $7,038,455.45
Remitly Cheapest 3511.7900 €0.00 $7,023,580.00 −$14,875.45
MoneyGram 3503.3997 €0.99 $7,006,799.40 −$31,656.05
TapTap Send 3500.0000 €0.00 $7,000,000.00 −$38,455.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 3504.7359 – $7,009,471.88
TapTap Send Cheapest 3490.0000 €0.00 $6,980,000.00 −$29,471.88
Remitly 3482.6300 €0.00 $6,965,260.00 −$44,211.88
MoneyGram 3472.7603 €0.99 $6,945,520.60 −$63,951.28

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €2,000, after fees, as quoted by each company. The mid-market line shows what €2,000 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 EUR 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 5 of the last 30 days.

Right now, TapTap Send pays 6,980,000 COP on 2,000 EUR, which is 29,471.88 COP less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 7,539,549.8 COP.

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.

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 108 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. TapTap SendAppeared in 103 comparisons

    Cheapest in 29% of them

  2. RemitlyAppeared in 37 comparisons

    Cheapest in 43% of them

  3. MoneyGramAppeared in 98 comparisons

    Cheapest in 1% of them

Based on 108 comparisons across 5 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 TapTap Send is the cheapest and gets you the most COP, but it was the cheapest in only 29% of the 103 comparisons it appeared in over the past month.

If it's a one-off transfer, go with TapTap Send, since it's the cheapest right now.

Ways to send money from Germany to Colombia

There are 8 companies for sending money from Germany to Colombia, across app, online, in person, multi-currency account, global account, SNPL, digital wallet, and broker, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €2,000 with TapTap Send to Colombia gets you 6,980,000 COP with a €0 fee and 0.42% markup.

In our comparisons over the past month, it was the cheapest online service on 14 of the 30 days it quoted.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €2,000 to Remitly online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

Our data shows Remitly came out cheapest among in-person options on 65% of days in the past month.

In general, online transfers are cheaper than sending cash to Colombia.

For large transfers from Germany

Currency brokers

For buying property, moving to Colombia, or moving pensions, a currency broker is the best option.

A broker like Xe charges no fee and works on a margin. It adds 1.2% on EUR/COP which gets negotiated the more you send.

And you get an account manager to help you through the process.

Our analysis shows Xe was the cheapest broker in 10% of the transfers from €7,000 it quoted.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Colombia.

Be it overseas suppliers and contractors, receiving COP payments, or holding COP and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and COP in one account.

You get COP bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert COP to EUR or EUR to COP whenever you need.

The best multi-currency account is Revolut, it adds ~1.43% markup and charges small fees.

Over the past month, it came out cheapest among multi-currency accounts on 23% of days.

Ways to fund EUR and receive COP in Colombia

With TapTap Send, paying by debit card and receiving through mobile wallet is the cheapest way. Sending €2,000 gives your recipient 6,980,000 COP.

You can pay for the transfer using debit card, bank transfer, credit card, klarna, and iDEAL.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Colombia.

The recipient in Colombia can receive COP by bank deposit, cash pickup, mobile wallet, bre b, transfiya, mobile money, and card deposit.

To receive COP by bank deposit

Enter the recipient's banking details and account holder's name.

Check both before sending because correcting a bank deposit will delay the transfer.

They can receive cash in Colombia

For cash pickup, the recipient needs to visit the nearest Remitly branch and bring a valid photo ID and the transfer reference number.

  1. 1
    Debit card Mobile wallet

    You pay €2,000.00

    COL$6,980,000

    Cheapest

  2. 2
    Debit card Transfiya

    You pay €2,000.00

    COL$6,980,000

    COL$0

  3. 3
    Debit card Bre b

    You pay €2,000.00

    COL$6,980,000

    COL$0

  4. 4
    Debit card Bank deposit

    You pay €2,000.99

    COL$6,980,000

    COL$0

  5. 5
    Debit card Cash pickup

    You pay €2,003.99

    COL$6,980,000

    COL$0

Show moreShow less
  1. 6
    Bank transfer Bank deposit

    You pay €2,000.00

    COL$6,965,260

    -COL$14,740

  2. 7
    Bank transfer Bre b

    You pay €2,000.00

    COL$6,965,260

    -COL$14,740

  3. 8
    Bank transfer Cash pickup

    You pay €2,000.00

    COL$6,965,260

    -COL$14,740

  4. 9
    Bank transfer Mobile wallet

    You pay €2,000.00

    COL$6,965,260

    -COL$14,740

  5. 10
    Credit card Bank deposit

    You pay €2,002.99

    COL$6,945,521

    -COL$34,479

  6. 11
    Credit card Mobile wallet

    You pay €2,000.99

    COL$6,945,521

    -COL$34,479

  7. 12
    Debit card Mobile money

    You pay €2,000.00

    COL$6,928,296

    -COL$51,704

  8. 13
    Credit card Bre b

    You pay €2,000.00

    COL$6,895,160

    -COL$84,840

  9. 14
    Credit card Cash pickup

    You pay €2,000.00

    COL$6,895,160

    -COL$84,840

  10. 15
    Klarna Bank deposit

    You pay €2,000.00

    COL$6,895,160

    -COL$84,840

  11. 16
    Klarna Bre b

    You pay €2,000.00

    COL$6,895,160

    -COL$84,840

  12. 17
    Klarna Cash pickup

    You pay €2,000.00

    COL$6,895,160

    -COL$84,840

  13. 18
    Klarna Mobile wallet

    You pay €2,000.00

    COL$6,895,160

    -COL$84,840

  14. 19
    iDEAL Bank deposit

    You pay €2,000.00

    COL$6,875,906

    -COL$104,094

  15. 20
    Debit card Card deposit

    You pay €2,000.00

    COL$6,683,228

    -COL$296,772

Things to know before sending money from Germany to Colombia

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/COP transfer options

For a €2,000 transfer to Colombia, these are the best options:

Cheapest way to send money to Colombia

The cheapest option is TapTap Send, funded by debit card with mobile wallet for the payout. Your recipient gets 6,980,000 COP, which is 0.21% more than the next best option.

Fastest way to send money to Colombia

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 6,889,275.29 COP in within minutes.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into COP sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 8 of them on EUR to Colombia, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 108 comparisons across 5 amounts.

This page covers the cheapest and fastest options for EUR/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.

More on who we are, why you can trust us and how to get started.

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