The overall best and cheapest way to send £2,000 to Colombia is via TapTap Send, using a debit card to deposit GBP and bank deposit to receive COP.
Depositing GBP
You have 3 pay-in options for transfers to Colombia, including debit card, bank transfer, and credit card.
The cheapest pay-in option is debit card.
The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).
The most expensive deposit option is credit card.
Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.
Receiving money in Colombia
Money can reach Colombia by bank deposit, mobile wallet, cash pickup, transfiya, and bre b, and each delivery method comes with its own fees.
The cheapest way to receive money in Colombia is with mobile wallet on average.
Receiving cash
MoneyGram is the cheapest option for cash pickup ( getting you $8,355,287.8 on £2,000 transfer).
Mobile wallets
You can receive COP into a mobile wallet, which is useful since they don't need a bank account.
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