How to send money to Colombia from the UK with the best GBP-COP rate

We’ve compared 9 companies, and found Sendwave to be the cheapest, while Revolut is the fastest.

Sending £2,000 gets you COL$8,781,852.07 with Sendwave at 4,393.1006 COP per GBP, about 0.9% more than the next best option.

Best companies for GBP/COP transfers

9 of 9 providers

Last updated on 10 November 2026

Based on 2,000 GBP transfer

Best companies for GBP/COP transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee £29.24 1 GBP = 4402.0700 COP +0.07% vs mid-market Recipient gets $8,675,423.47 Within minutes
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 depositWithin minutesAvailable via:Bank Transfer
£29.241 GBP = 4402.0700 COP
$8,675,423.47You pay£2,000.00
Promoted

Xe

Pay via Debit card
Fee £0.00 1 GBP = 4329.2263 COP +1.74% vs mid-market Recipient gets $8,658,452.60 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 GBP = 4329.2263 COP
$8,658,452.60You pay£2,000.00

Run a live search

Showing top United Kingdom to Colombia deals for 2,000 GBP. Do a live search with your exact amount for today's best rates.
Only available via Mobile App

Sendwave

Pay via Debit card
Fee £0.99 1 GBP = 4393.1006 COP +0.28% vs mid-market Recipient gets $8,781,852.07 Minutes - 3 days
Cheapest
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 3 days
£0.991 GBP = 4393.1006 COP
$8,781,852.07You pay£2,000.00
Bank depositMinutes - 3 days
£0.991 GBP = 4393.1006 COP
$8,781,852.07You pay£2,000.00
Cash pickupMinutes - 3 days
£0.991 GBP = 4313.9456 COP
$8,623,620.49You pay£2,000.00
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee £0.99 1 GBP = 4353.5231 COP +1.18% vs mid-market Recipient gets $8,702,736.29 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
Mobile moneyMinutes - 2 days
£0.991 GBP = 4353.5231 COP
$8,702,736.29You pay£2,000.00
Bank depositMinutes - 2 days
£0.991 GBP = 4353.5231 COP
$8,702,736.29You pay£2,000.00
Cash pickupMinutes - 2 days
£1.991 GBP = 4313.5059 COP
$8,618,427.92You pay£2,000.00
Card depositMinutes - 2 days
Free1 GBP = 4183.7432 COP
$8,367,486.38You pay£2,000.00

Wise

Pay via Bank transfer
Fee £29.24 1 GBP = 4402.0700 COP +0.07% vs mid-market Recipient gets $8,675,423.47 Within minutes
Our top pick
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 depositWithin minutesAvailable via:Bank Transfer
£29.241 GBP = 4402.0700 COP
$8,675,423.47You pay£2,000.00

Remitly

Pay via Debit card
Fee £0.00 1 GBP = 4334.5000 COP +1.62% vs mid-market Recipient gets $8,669,000.00 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
Bre-BWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Cash pickupWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Bank depositWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Mobile walletWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00

Remitly

Pay via Credit card
Fee £0.00 1 GBP = 4334.5000 COP +1.62% vs mid-market Recipient gets $8,669,000.00 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
Bre-BWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Cash pickupWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Bank depositWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Mobile walletWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00

Remitly

Pay via Bank transfer
Fee £0.00 1 GBP = 4334.5000 COP +1.62% vs mid-market Recipient gets $8,669,000.00 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
Bre-BWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Cash pickupWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Bank depositWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Mobile walletWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00

Remitly

Pay via Remitly Wallet
Fee £0.00 1 GBP = 4334.5000 COP +1.62% vs mid-market Recipient gets $8,669,000.00 Within a week
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bre-BWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Cash pickupWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Bank depositWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00
Mobile walletWithin a week
Free1 GBP = 4334.5000 COP
$8,669,000.00You pay£2,000.00

Xe

Pay via Debit card
Fee £0.00 1 GBP = 4329.2263 COP +1.74% vs mid-market Recipient gets $8,658,452.60 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 GBP = 4329.2263 COP
$8,658,452.60You pay£2,000.00

Xe

Pay via Bank transfer
Fee £0.00 1 GBP = 4329.2263 COP +1.74% vs mid-market Recipient gets $8,658,452.60 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 GBP = 4329.2263 COP
$8,658,452.60You pay£2,000.00

Xe

Pay via Credit card
Fee £0.00 1 GBP = 4329.2263 COP +1.74% vs mid-market Recipient gets $8,658,452.60 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 GBP = 4329.2263 COP
$8,658,452.60You pay£2,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee £0.00 1 GBP = 4327.4359 COP +1.78% vs mid-market Recipient gets $8,654,871.80 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Nequi, Daviplata
Free1 GBP = 4327.4359 COP
$8,654,871.80You pay£2,000.00
Bank depositMinutes - 24 hoursAvailable via:Bancolombia, Banco Davivienda, All Banks
Free1 GBP = 4308.9846 COP
$8,617,969.20You pay£2,000.00
Cash pickupMinutes - 24 hours
£4.991 GBP = 4308.8691 COP
$8,617,738.20You pay£2,004.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee £0.00 1 GBP = 4327.4359 COP +1.78% vs mid-market Recipient gets $8,654,871.80 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Nequi, Daviplata
Free1 GBP = 4327.4359 COP
$8,654,871.80You pay£2,000.00
Bank depositMinutes - 24 hoursAvailable via:Bancolombia, Banco Davivienda, All Banks
Free1 GBP = 4308.9846 COP
$8,617,969.20You pay£2,000.00
Cash pickupMinutes - 24 hours
£4.991 GBP = 4308.8691 COP
$8,617,738.20You pay£2,004.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee £0.00 1 GBP = 4327.4359 COP +1.78% vs mid-market Recipient gets $8,654,871.80 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
Free1 GBP = 4327.4359 COP
$8,654,871.80You pay£2,000.00
Bank depositMinutes - 24 hoursAvailable via:Banco Davivienda, Bancolombia, All Banks
Free1 GBP = 4308.9846 COP
$8,617,969.20You pay£2,000.00
Cash pickupMinutes - 24 hours
£4.991 GBP = 4308.8691 COP
$8,617,738.20You pay£2,004.99

Wise

Pay via Debit card
Fee £35.42 1 GBP = 4402.0700 COP +0.07% vs mid-market Recipient gets $8,648,218.68 Within minutes
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 depositWithin minutesAvailable via:Bank Transfer
£35.421 GBP = 4402.0700 COP
$8,648,218.68You pay£2,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee £11.70 1 GBP = 4348.5794 COP +1.30% vs mid-market Recipient gets $8,646,280.45 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
£11.701 GBP = 4348.5794 COP
$8,646,280.45You 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.

Western Union

Pay via Debit card
Fee £0.00 1 GBP = 4309.9083 COP +2.19% vs mid-market Recipient gets $8,619,817.00 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 GBP = 4309.9083 COP
$8,619,817.00You pay£2,000.00

Western Union

Pay via Bank transfer
Fee £0.00 1 GBP = 4309.9083 COP +2.19% vs mid-market Recipient gets $8,619,817.00 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 GBP = 4309.9083 COP
$8,619,817.00You pay£2,000.00

Wise

Pay via Credit card
Fee £72.54 1 GBP = 4402.0700 COP +0.07% vs mid-market Recipient gets $8,484,813.84 Within minutes
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 depositWithin minutesAvailable via:Bank Transfer
£72.541 GBP = 4402.0700 COP
$8,484,813.84You pay£2,000.00

TapTap Send

Pay via Debit card
Fee £0.00 1 GBP = 4185.0000 COP +5.13% vs mid-market Recipient gets $8,370,000.00 Minutes
Receive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 GBP = 4185.0000 COP
$8,370,000.00You pay£2,000.00
Mobile walletMinutesAvailable via:Bancolombia A la mano, DaviPlata, Movii, Nequi, RappiPay
Free1 GBP = 4185.0000 COP
$8,370,000.00You pay£2,000.00
TransfiyaMinutesAvailable via:Banks via Trasnfiya
Free1 GBP = 4185.0000 COP
$8,370,000.00You pay£2,000.00
Bre-BMinutesAvailable via:Bre-B
Free1 GBP = 4185.0000 COP
$8,370,000.00You pay£2,000.00
Cash pickupMinutesAvailable via:Exito
£1.491 GBP = 4185.0000 COP
$8,370,000.00You pay£2,001.49
How Our Results Work
Mid-market rate: 1 GBP = 4405.3463 COP Updates every 60 minutes.

How to send money from UK to Colombia

Pick a company

For a one-off GBP transfer to Colombia, I suggest picking the cheapest option which is Sendwave.

Sendwave was the cheapest on 22 of the 26 days it quoted £2,000 transfers to Colombia.

On a 2,000 GBP transfer, Sendwave delivers the most COP.

The best option will change depending on how much you actually send, so I suggest to get the best GBP/COP rate.

Fund your transfer

You have 4 ways to pay, including debit card, bank transfer, credit card, and remitly wallet.

Paying from your bank is usually the fastest, since most companies connect to your banking app via Open Banking.

Anywhere a debit card works, Apple Pay and Google Pay usually do too.

Verify and send

First time round you'll need to confirm your name, date of birth, address and a photo ID.

On a £2,000 transfer the verification is normally instant but can take a couple of hours.

Compare amounts

How much GBP are you sending to Colombia?

How much GBP 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 Sendwave was the cheapest in 43% of the transfers from £6,000 it quoted, and in 50% of all the transfers it quoted.

Cheapest service
£500-0.75%£0.00$2,220,920.00with debit card to bank deposit+$63,531.16
£1,0000.30%£0.99$4,388,098.78with debit card to mobile money+$86,324.14
£2,000This page0.28%£0.99$8,781,852.07with debit card to mobile money+$141,592.49
£6,0000.27%£0.00$26,379,544.20with bank transfer to bank deposit+$447,955.67
£10,0000.27%£0.00$43,946,983.31with bank transfer to bank deposit+$819,768.99
£50,0000.25%£0.00$219,787,578.44with bank transfer to bank deposit+$3,905,094.70
£250,0000.20%£0.00$1,099,562,688.81with bank transfer to bank deposit+$25,157,935.80

Mid-market rate: 1 GBP = 4405.3463 COP

GBP/COP Exchange Rate History

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

The cheapest way to send GBP 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 Sendwave), across 30 days of comparisons for 2,000 GBP transfers to Colombia.

COP received for £2,000, after fees

Tue, 10 Nov 2026Mid-market rate$8,810,692.70 Sendwave $8,781,852.07Sendwave$8,781,852.07WorldRemit$8,702,736.29Wise$8,675,423.47

8.2m
8.3m
8.4m
8.5m
8.6m
8.7m
8.8m
8.9m
At the mid-market rateWith the cheapest optionSendwaveWorldRemitWise
Exchange rateFeeRecipient getsDifference
Mid-market rate 4244.0749 – $8,488,149.87
Sendwave Cheapest 4226.3261 £0.99 $8,448,468.06 −$39,681.81
WorldRemit 4188.2510 £0.99 $8,372,355.73 −$115,794.14
Wise 4231.3200 £29.24 $8,338,916.20 −$149,233.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 4227.2610 – $8,454,522.01
Sendwave Cheapest 4217.7097 £0.99 $8,431,243.85 −$23,278.16
WorldRemit 4179.7123 £0.99 $8,355,286.70 −$99,235.31
Wise 4227.3900 £29.24 $8,331,171.12 −$123,350.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 4231.2471 – $8,462,494.12
Sendwave Cheapest 4219.3772 £0.99 $8,434,577.14 −$27,916.98
Wise 4223.0000 £29.24 $8,322,519.48 −$139,974.64
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4234.5704 – $8,469,140.87
Sendwave Cheapest 4230.4132 £0.99 $8,456,638.39 −$12,502.48
WorldRemit 4192.3014 £0.99 $8,380,452.46 −$88,688.41
Wise 4235.1600 £29.24 $8,346,483.92 −$122,656.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 4224.3437 – $8,448,687.35
Sendwave Cheapest 4213.6036 £0.99 $8,423,035.81 −$25,651.54
Wise 4220.8700 £29.24 $8,318,321.76 −$130,365.59
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4220.2474 – $8,440,494.84
TapTap Send Cheapest 4210.0000 £0.00 $8,420,000.00 −$20,494.84
WorldRemit 4183.0193 £0.99 $8,361,897.45 −$78,597.39
Wise 4230.9200 £29.24 $8,338,127.90 −$102,366.94
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4220.2474 – $8,440,494.84
Sendwave Cheapest 4221.0468 £0.99 $8,437,914.70 −$2,580.14
Wise 4230.9200 £29.24 $8,338,127.90 −$102,366.94
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4234.2482 – $8,468,496.44
Sendwave Cheapest 4227.1276 £0.99 $8,450,070.24 −$18,426.20
WorldRemit 4189.0453 £0.99 $8,373,943.49 −$94,552.95
Wise 4229.8100 £29.24 $8,335,940.36 −$132,556.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 4215.9202 – $8,431,840.46
Sendwave Cheapest 4204.2708 £0.99 $8,404,379.35 −$27,461.11
WorldRemit 4166.3945 £0.99 $8,328,664.23 −$103,176.23
Wise 4212.6500 £29.24 $8,302,122.11 −$129,718.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 4256.9065 – $8,513,813.00
Sendwave Cheapest 4226.8234 £0.99 $8,449,462.20 −$64,350.80
WorldRemit 4188.7439 £0.99 $8,373,340.92 −$140,472.08
Wise 4246.5400 £29.24 $8,368,911.17 −$144,901.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 4287.8458 – $8,575,691.56
Paysend Cheapest 4252.3729 £0.00 $8,504,745.74 −$70,945.82
WorldRemit 4233.0142 £0.99 $8,461,837.74 −$113,853.82
Wise 4280.1800 £29.24 $8,435,207.54 −$140,484.02
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4268.5364 – $8,537,072.86
Sendwave Cheapest 4259.9864 £0.99 $8,515,755.39 −$21,317.47
Wise 4260.7500 £29.24 $8,396,915.67 −$140,157.19
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4241.6152 – $8,483,230.30
TapTap Send Cheapest 4207.0000 £0.00 $8,414,000.00 −$69,230.30
Wise 4191.3000 £29.24 $8,260,046.39 −$223,183.91
Sendwave No quote collected this day – – – –
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4241.6152 – $8,483,230.30
WorldRemit Cheapest 4217.0360 £0.99 $8,429,897.23 −$53,333.07
Wise 4191.3000 £29.24 $8,260,046.39 −$223,183.91
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4227.0876 – $8,454,175.22
Sendwave Cheapest 4221.5956 £0.99 $8,439,011.82 −$15,163.40
Wise 4220.9300 £29.24 $8,318,440.01 −$135,735.21
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4201.4412 – $8,402,882.30
Sendwave Cheapest 4208.0060 £0.99 $8,411,846.17 +$8,963.87
WorldRemit 4170.0961 £0.99 $8,336,063.78 −$66,818.52
Wise 4198.3100 £29.24 $8,273,861.42 −$129,020.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 4189.0471 – $8,378,094.24
TapTap Send Cheapest 4185.0000 £0.00 $8,370,000.00 −$8,094.24
Sendwave 4181.1073 £0.99 $8,358,075.30 −$20,018.94
WorldRemit 4143.4397 £0.99 $8,282,777.31 −$95,316.93
Wise 4182.8400 £29.24 $8,243,373.76 −$134,720.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 4218.4478 – $8,436,895.59
Sendwave Cheapest 4205.6686 £0.99 $8,407,173.51 −$29,722.08
WorldRemit 4167.7797 £0.99 $8,331,433.20 −$105,462.39
Wise 4210.7400 £29.24 $8,298,357.96 −$138,537.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 4256.7203 – $8,513,440.59
Sendwave Cheapest 4235.4611 £0.99 $8,466,729.01 −$46,711.58
WorldRemit 4197.3038 £0.99 $8,390,452.17 −$122,988.42
Wise 4242.5900 £29.24 $8,361,126.67 −$152,313.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 4239.3445 – $8,478,688.95
Wise Cheapest 4321.7600 £29.24 $8,517,151.74 +$38,462.79
Sendwave 4236.5684 £0.99 $8,468,942.54 −$9,746.41
WorldRemit 4198.4011 £0.99 $8,392,645.76 −$86,043.19
Exchange rateFeeRecipient getsDifference
Mid-market rate 4239.1863 – $8,478,372.58
Wise Cheapest 4321.7600 £29.24 $8,517,151.74 +$38,779.16
Sendwave 4236.5684 £0.99 $8,468,942.54 −$9,430.04
WorldRemit 4198.4011 £0.99 $8,392,645.76 −$85,726.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 4312.5189 – $8,625,037.81
Sendwave Cheapest 4258.5565 £0.99 $8,512,897.11 −$112,140.70
Wise 4288.7000 £29.24 $8,451,998.41 −$173,039.40
WorldRemit 4220.1912 £0.99 $8,436,204.33 −$188,833.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 4329.4420 – $8,658,884.03
Wise Cheapest 4329.7200 £29.24 $8,532,838.99 −$126,045.04
Sendwave 4263.4852 £0.99 $8,522,749.63 −$136,134.40
WorldRemit 4225.0755 £0.99 $8,445,968.10 −$212,915.93
Exchange rateFeeRecipient getsDifference
Mid-market rate 4371.2626 – $8,742,525.29
Sendwave Cheapest 4350.2642 £0.99 $8,696,221.60 −$46,303.69
WorldRemit 4311.0726 £0.99 $8,617,877.26 −$124,648.03
Wise 4365.7600 £29.24 $8,603,865.18 −$138,660.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 4357.4315 – $8,714,862.96
Sendwave Cheapest 4341.5226 £0.99 $8,678,747.13 −$36,115.83
WorldRemit 4302.4098 £0.99 $8,600,560.21 −$114,302.75
Wise 4352.3600 £29.24 $8,577,456.99 −$137,405.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 4346.3978 – $8,692,795.63
Sendwave Cheapest 4332.0239 £0.99 $8,659,759.06 −$33,036.57
WorldRemit 4292.9966 £0.99 $8,581,743.21 −$111,052.42
Wise 4343.2800 £29.24 $8,559,562.49 −$133,233.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 4343.0686 – $8,686,137.19
Sendwave Cheapest 4306.2236 £0.99 $8,608,184.10 −$77,953.09
Wise 4329.5700 £29.24 $8,532,543.37 −$153,593.82
WorldRemit 4267.4288 £0.99 $8,530,632.89 −$155,504.30
Exchange rateFeeRecipient getsDifference
Mid-market rate 4322.8022 – $8,645,604.35
Sendwave Cheapest 4306.2236 £0.99 $8,608,184.10 −$37,420.25
Wise 4329.5700 £29.24 $8,532,543.37 −$113,060.98
WorldRemit 4267.4288 £0.99 $8,530,632.89 −$114,971.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 4334.9947 – $8,669,989.50
Sendwave Cheapest 4327.0757 £0.99 $8,649,867.56 −$20,121.94
WorldRemit 4288.0930 £0.99 $8,571,940.81 −$98,048.69
Wise 4332.9700 £29.24 $8,539,243.96 −$130,745.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 4405.3463 – $8,810,692.70
Sendwave Cheapest 4393.1006 £0.99 $8,781,852.07 −$28,840.63
WorldRemit 4353.5231 £0.99 $8,702,736.29 −$107,956.41
Wise 4402.0700 £29.24 $8,675,423.47 −$135,269.23

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 GBP 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 3 of the last 30 days.

Right now, Sendwave pays 8,781,852.07 COP on 2,000 GBP, which is 28,840.63 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 208 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.

  1. SendwaveAppeared in 101 comparisons

    Cheapest in 50% of them

  2. WorldRemitAppeared in 86 comparisons

    Cheapest in 2% of them

  3. WiseAppeared in 144 comparisons

    Cheapest in 7% of them

Based on 208 comparisons across 7 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 Sendwave is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from the UK to Colombia

There are many ways to send money to Colombia from the UK, including app, online, in person, multi-currency account, global business account, SNPL, digital wallet, and currency broker, and more.

For small & frequent transfers

Money transfer apps

If you send small amounts back home to Colombia, say weekly or monthly, an app like Sendwave is the easiest and cheapest way to do it.

It charges £0.99 in fees, has 0.28% markup, lets you save recipient details, and COP will arrive in minutes.

Over the past month, Sendwave was the cheapest app on 85% of the days it appeared for £2,000 transfers.

For one off transfers

Online transfers

Sending money online is good for occasional medium sized COP transfers, around £1,000 - £5,000.

Online companies like Wise often have higher limits and/or first time promos.

Of the 9 companies we compared, Wise is the cheapest online service and will get you COL$8,675,423.47 on a £2,000 transfer.

In our comparisons over the past month, it was the cheapest online service on 10 of the 30 days it quoted.

For large transfers

Brokers

Currency brokers like Xe are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).

You get a dedicated account manager to handle your transfer to Colombia, and real human support.

Xe charges no fees on large transfers, but adds 1.74% markup on top of the current GBP/COP rate.

The markup gets better the more GBP you send, so we suggest .

Our analysis shows Xe was the cheapest broker in 6% of the transfers from £6,000 it quoted.

For spending and receiving

Multi-currency accounts

Multi-currency accounts let you hold and spend Colombian Peso abroad like a local.

Wise offers the best multi-currency account.

With it, converting £2,000 to COP will get you COL$8,675,423.47 after fees.

If you don’t have COP in your account, your GBP will auto-convert whenever you pay with Wise in Colombia.

Once you have COP in the account, there are no extra fees from Wise for spending or holding it (local ATM charges may still apply).

Over the past month, it came out cheapest among multi-currency accounts on 97% of days.

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

For suppliers, freelancers, salaries, or invoices in Colombia, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Ways to fund GBP and receive COP in Colombia

Pay-in and pay-out methods will affect how much GBP you deposit and how much COP your recipient gets. Use the table below to see how different options change how much you pay and what they get.

The overall best and cheapest way to send £2,000 to Colombia is via Sendwave, using a debit card to deposit GBP and mobile money to receive COP.

Depositing GBP

You have 4 pay-in options for transfers to Colombia, including debit card, bank transfer, credit card, and remitly wallet.

The cheapest pay-in option is bank transfer.

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, cash pickup, mobile wallet, mobile money, bre-b, transfiya, and card deposit, and each delivery method comes with its own fees.

The cheapest way to receive money in Colombia is with mobile money on average.

Receiving cash

Remitly is the cheapest option for cash pickup (getting you COL$8,669,000 on a £2,000 transfer).

Mobile wallets

You can receive COP into a mobile wallet, which is useful since they don't need a bank account.

Mobile money

You can send money directly to a mobile number in Colombia.

and use our filters to find the company offering mobile money at the best GBP/COP rate.

  1. 1
    Debit card Mobile money

    You pay £2,000.00

    COL$8,781,852

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay £2,000.00

    COL$8,781,852

    COL$0

  3. 3
    Bank transfer Bank deposit

    You pay £2,000.00

    COL$8,675,423

    -COL$106,429

  4. 4
    Debit card Cash pickup

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  5. 5
    Debit card Bre-b

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

Show moreShow less
  1. 6
    Debit card Mobile wallet

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  2. 7
    Bank transfer Bre-b

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  3. 8
    Bank transfer Cash pickup

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  4. 9
    Bank transfer Mobile wallet

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  5. 10
    Credit card Bank deposit

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  6. 11
    Credit card Bre-b

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  7. 12
    Credit card Cash pickup

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  8. 13
    Credit card Mobile wallet

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  9. 14
    Remitly wallet Bre-b

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  10. 15
    Remitly wallet Cash pickup

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  11. 16
    Remitly wallet Bank deposit

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  12. 17
    Remitly wallet Mobile wallet

    You pay £2,000.00

    COL$8,669,000

    -COL$112,852

  13. 18
    Debit card Transfiya

    You pay £2,000.00

    COL$8,370,000

    -COL$411,852

  14. 19
    Debit card Card deposit

    You pay £2,000.00

    COL$8,367,486

    -COL$414,366

Consider this when sending GBP to Colombia

There are a few nuances you should consider before sending GBP to Colombia such as limits, taxes, and safety.

Compare GBP/COP transfer options

Right now, these are the best money transfer options for a £2,000 transfer to Colombia:

Cheapest way to send money to Colombia

The cheapest way is to use Sendwave, pay in with a debit card and withdraw via mobile money. You will get COL$8,781,852.07, which is 0.9% more than the next best option.

Fastest way to send money to Colombia

The fastest way is to use Revolut via bank transfer deposit and bank deposit for pay out. You get COL$8,646,280.45 and it will arrive in within minutes.

UK transfer limits

There is no legal limit and no tax on sending your own money abroad.

Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).

Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.

And on bigger GBP/COP transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.

The transfer costs involved

Your cost is the fee plus the exchange-rate margin.

For example, sending £2,000 with Sendwave will get you 8,781,852.07 COP, that’s including £0.99 fee and 0.28% in exchange rate markup.

Taxes on money transfers

There is no UK tax for the act of sending money to Colombia.

And, regular gifts from your normal income are free of inheritance tax straight away, with no cap and no seven-year wait, as long as you can still cover your usual living costs.

Staying safe when sending abroad

Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.

The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.

Always confirm who you're really sending to before you send, because there's little recourse after.

For more information, check our guide to money transfer regulations in the UK.

How we analyse the market

We track 9 regulated companies offering money transfers from the UK to Colombia in real time.

We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.

Most GBP/COP pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.

In the past 30 days alone, we analysed 208 comparisons across 7 amounts.

This page covers the cheapest and fastest options for GBP/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 how we work:

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