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 2026i
This page updates weekly. We collect, store, and analyze GBP/COP exchange rates from our comparisons.
Based on 2,000 GBP transfer
Best companies for GBP/COP transfers
All money transfer offers for GBP/COP transfers, sorted by most COP received. The first two offers may be sponsored promotions. Some offers here pay us a commission.
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.
Run a live search
Showing companies that send from a business account. Run a business search to get live GBP to COP rates.
Run a live search
These companies offer multi-currency accounts for spending COP. We suggest doing a live search based on how much GBP you're planning to spend in Colombia.
Run a live search
These are managed services with real human support for large GBP transfers. Click the link and update the transfer amount to get the best deal.
Mid-market rate: 1 GBP = 4405.3463 COPUpdates every 60 minutes.
Transfer details
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.
How much more the cheapest provider gets you than the average of all providers we compared at this amount.
Cheapest service
£500
-0.75%
£0.00
$2,220,920.00with debit card to bank deposit
+$63,531.16
£1,000
0.30%
£0.99
$4,388,098.78with debit card to mobile money
+$86,324.14
£2,000This page
0.28%
£0.99
$8,781,852.07with debit card to mobile money
+$141,592.49
£6,000
0.27%
£0.00
$26,379,544.20with bank transfer to bank deposit
+$447,955.67
£10,000
0.27%
£0.00
$43,946,983.31with bank transfer to bank deposit
+$819,768.99
£50,000
0.25%
£0.00
$219,787,578.44with bank transfer to bank deposit
+$3,905,094.70
£250,000
0.20%
£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.
Show on chart
COP received for £2,000, after fees
Tue, 10 Nov 2026Mid-market rate$8,810,692.70Sendwave$8,781,852.07Sendwave$8,781,852.07WorldRemit$8,702,736.29Wise$8,675,423.47
8.50m
8.55m
8.60m
8.65m
8.70m
8.75m
8.80m
8.85m
At the mid-market rateWith the cheapest optionSendwaveWorldRemitWise
4 Nov5 Nov6 Nov7 Nov8 Nov9 Nov10 Nov
8.2m
8.3m
8.4m
8.5m
8.6m
8.7m
8.8m
8.9m
At the mid-market rateWith the cheapest optionSendwaveWorldRemitWise
12 Oct22 Oct31 Oct10 Nov
8.0m
8.2m
8.4m
8.6m
8.8m
9.0m
At the mid-market rateWith the cheapest optionSendwaveWorldRemitWise
13 Aug12 Sept11 Oct10 Nov
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4244.0749
–
$8,488,149.87
Locked-in rate
SendwaveCheapest
4226.3261
£0.99
$8,448,468.06
−$39,681.81
Locked-in rate
WorldRemit
4188.2510
£0.99
$8,372,355.73
−$115,794.14
Locked-in rate
Wise
4231.3200
£29.24
$8,338,916.20
−$149,233.67
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4227.2610
–
$8,454,522.01
Locked-in rate
SendwaveCheapest
4217.7097
£0.99
$8,431,243.85
−$23,278.16
Locked-in rate
WorldRemit
4179.7123
£0.99
$8,355,286.70
−$99,235.31
Locked-in rate
Wise
4227.3900
£29.24
$8,331,171.12
−$123,350.89
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4231.2471
–
$8,462,494.12
Locked-in rate
SendwaveCheapest
4219.3772
£0.99
$8,434,577.14
−$27,916.98
Locked-in rate
Wise
4223.0000
£29.24
$8,322,519.48
−$139,974.64
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4234.5704
–
$8,469,140.87
Locked-in rate
SendwaveCheapest
4230.4132
£0.99
$8,456,638.39
−$12,502.48
Locked-in rate
WorldRemit
4192.3014
£0.99
$8,380,452.46
−$88,688.41
Locked-in rate
Wise
4235.1600
£29.24
$8,346,483.92
−$122,656.95
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4224.3437
–
$8,448,687.35
Locked-in rate
SendwaveCheapest
4213.6036
£0.99
$8,423,035.81
−$25,651.54
Locked-in rate
Wise
4220.8700
£29.24
$8,318,321.76
−$130,365.59
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4220.2474
–
$8,440,494.84
Locked-in rate
TapTap SendCheapest
4210.0000
£0.00
$8,420,000.00
−$20,494.84
Locked-in rate
WorldRemit
4183.0193
£0.99
$8,361,897.45
−$78,597.39
Locked-in rate
Wise
4230.9200
£29.24
$8,338,127.90
−$102,366.94
SendwaveNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4220.2474
–
$8,440,494.84
Locked-in rate
SendwaveCheapest
4221.0468
£0.99
$8,437,914.70
−$2,580.14
Locked-in rate
Wise
4230.9200
£29.24
$8,338,127.90
−$102,366.94
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4234.2482
–
$8,468,496.44
Locked-in rate
SendwaveCheapest
4227.1276
£0.99
$8,450,070.24
−$18,426.20
Locked-in rate
WorldRemit
4189.0453
£0.99
$8,373,943.49
−$94,552.95
Locked-in rate
Wise
4229.8100
£29.24
$8,335,940.36
−$132,556.08
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4215.9202
–
$8,431,840.46
Locked-in rate
SendwaveCheapest
4204.2708
£0.99
$8,404,379.35
−$27,461.11
Locked-in rate
WorldRemit
4166.3945
£0.99
$8,328,664.23
−$103,176.23
Locked-in rate
Wise
4212.6500
£29.24
$8,302,122.11
−$129,718.35
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4256.9065
–
$8,513,813.00
Locked-in rate
SendwaveCheapest
4226.8234
£0.99
$8,449,462.20
−$64,350.80
Locked-in rate
WorldRemit
4188.7439
£0.99
$8,373,340.92
−$140,472.08
Locked-in rate
Wise
4246.5400
£29.24
$8,368,911.17
−$144,901.83
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4287.8458
–
$8,575,691.56
Rate collected on 22 October 2026
PaysendCheapest
4252.3729
£0.00
$8,504,745.74
−$70,945.82
Locked-in rate
WorldRemit
4233.0142
£0.99
$8,461,837.74
−$113,853.82
Locked-in rate
Wise
4280.1800
£29.24
$8,435,207.54
−$140,484.02
SendwaveNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4268.5364
–
$8,537,072.86
Locked-in rate
SendwaveCheapest
4259.9864
£0.99
$8,515,755.39
−$21,317.47
Locked-in rate
Wise
4260.7500
£29.24
$8,396,915.67
−$140,157.19
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4241.6152
–
$8,483,230.30
Locked-in rate
TapTap SendCheapest
4207.0000
£0.00
$8,414,000.00
−$69,230.30
Locked-in rate
Wise
4191.3000
£29.24
$8,260,046.39
−$223,183.91
SendwaveNo quote collected this day
–
–
–
–
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4241.6152
–
$8,483,230.30
Locked-in rate
WorldRemitCheapest
4217.0360
£0.99
$8,429,897.23
−$53,333.07
Locked-in rate
Wise
4191.3000
£29.24
$8,260,046.39
−$223,183.91
SendwaveNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4227.0876
–
$8,454,175.22
Locked-in rate
SendwaveCheapest
4221.5956
£0.99
$8,439,011.82
−$15,163.40
Locked-in rate
Wise
4220.9300
£29.24
$8,318,440.01
−$135,735.21
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4201.4412
–
$8,402,882.30
Locked-in rate
SendwaveCheapest
4208.0060
£0.99
$8,411,846.17
+$8,963.87
Locked-in rate
WorldRemit
4170.0961
£0.99
$8,336,063.78
−$66,818.52
Locked-in rate
Wise
4198.3100
£29.24
$8,273,861.42
−$129,020.88
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4189.0471
–
$8,378,094.24
Locked-in rate
TapTap SendCheapest
4185.0000
£0.00
$8,370,000.00
−$8,094.24
Locked-in rate
Sendwave
4181.1073
£0.99
$8,358,075.30
−$20,018.94
Locked-in rate
WorldRemit
4143.4397
£0.99
$8,282,777.31
−$95,316.93
Locked-in rate
Wise
4182.8400
£29.24
$8,243,373.76
−$134,720.48
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4218.4478
–
$8,436,895.59
Locked-in rate
SendwaveCheapest
4205.6686
£0.99
$8,407,173.51
−$29,722.08
Locked-in rate
WorldRemit
4167.7797
£0.99
$8,331,433.20
−$105,462.39
Locked-in rate
Wise
4210.7400
£29.24
$8,298,357.96
−$138,537.63
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4256.7203
–
$8,513,440.59
Locked-in rate
SendwaveCheapest
4235.4611
£0.99
$8,466,729.01
−$46,711.58
Locked-in rate
WorldRemit
4197.3038
£0.99
$8,390,452.17
−$122,988.42
Locked-in rate
Wise
4242.5900
£29.24
$8,361,126.67
−$152,313.92
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4239.3445
–
$8,478,688.95
Locked-in rate
WiseCheapest
4321.7600
£29.24
$8,517,151.74
+$38,462.79
Locked-in rate
Sendwave
4236.5684
£0.99
$8,468,942.54
−$9,746.41
Locked-in rate
WorldRemit
4198.4011
£0.99
$8,392,645.76
−$86,043.19
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4239.1863
–
$8,478,372.58
Locked-in rate
WiseCheapest
4321.7600
£29.24
$8,517,151.74
+$38,779.16
Locked-in rate
Sendwave
4236.5684
£0.99
$8,468,942.54
−$9,430.04
Locked-in rate
WorldRemit
4198.4011
£0.99
$8,392,645.76
−$85,726.82
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4312.5189
–
$8,625,037.81
Locked-in rate
SendwaveCheapest
4258.5565
£0.99
$8,512,897.11
−$112,140.70
Locked-in rate
Wise
4288.7000
£29.24
$8,451,998.41
−$173,039.40
Locked-in rate
WorldRemit
4220.1912
£0.99
$8,436,204.33
−$188,833.48
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4329.4420
–
$8,658,884.03
Locked-in rate
WiseCheapest
4329.7200
£29.24
$8,532,838.99
−$126,045.04
Locked-in rate
Sendwave
4263.4852
£0.99
$8,522,749.63
−$136,134.40
Locked-in rate
WorldRemit
4225.0755
£0.99
$8,445,968.10
−$212,915.93
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4371.2626
–
$8,742,525.29
Locked-in rate
SendwaveCheapest
4350.2642
£0.99
$8,696,221.60
−$46,303.69
Locked-in rate
WorldRemit
4311.0726
£0.99
$8,617,877.26
−$124,648.03
Locked-in rate
Wise
4365.7600
£29.24
$8,603,865.18
−$138,660.11
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4357.4315
–
$8,714,862.96
Locked-in rate
SendwaveCheapest
4341.5226
£0.99
$8,678,747.13
−$36,115.83
Locked-in rate
WorldRemit
4302.4098
£0.99
$8,600,560.21
−$114,302.75
Locked-in rate
Wise
4352.3600
£29.24
$8,577,456.99
−$137,405.97
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4346.3978
–
$8,692,795.63
Locked-in rate
SendwaveCheapest
4332.0239
£0.99
$8,659,759.06
−$33,036.57
Locked-in rate
WorldRemit
4292.9966
£0.99
$8,581,743.21
−$111,052.42
Locked-in rate
Wise
4343.2800
£29.24
$8,559,562.49
−$133,233.14
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4343.0686
–
$8,686,137.19
Locked-in rate
SendwaveCheapest
4306.2236
£0.99
$8,608,184.10
−$77,953.09
Locked-in rate
Wise
4329.5700
£29.24
$8,532,543.37
−$153,593.82
Locked-in rate
WorldRemit
4267.4288
£0.99
$8,530,632.89
−$155,504.30
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4322.8022
–
$8,645,604.35
Locked-in rate
SendwaveCheapest
4306.2236
£0.99
$8,608,184.10
−$37,420.25
Locked-in rate
Wise
4329.5700
£29.24
$8,532,543.37
−$113,060.98
Locked-in rate
WorldRemit
4267.4288
£0.99
$8,530,632.89
−$114,971.46
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4334.9947
–
$8,669,989.50
Locked-in rate
SendwaveCheapest
4327.0757
£0.99
$8,649,867.56
−$20,121.94
Locked-in rate
WorldRemit
4288.0930
£0.99
$8,571,940.81
−$98,048.69
Locked-in rate
Wise
4332.9700
£29.24
$8,539,243.96
−$130,745.54
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
4405.3463
–
$8,810,692.70
Locked-in rate
SendwaveCheapest
4393.1006
£0.99
$8,781,852.07
−$28,840.63
Locked-in rate
WorldRemit
4353.5231
£0.99
$8,702,736.29
−$107,956.41
Locked-in rate
Wise
4402.0700
£29.24
$8,675,423.47
−$135,269.23
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Exchange rate
Fee
Recipient gets
Difference
Mid-market rate
4405.3463
–
$8,810,692.70
Sendwave
WorldRemit
Wise
TapTap Send
Xe
Paysend
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.
Transfer amount
Locked-in rate
SendwaveAppeared in 26 comparisons
Cheapest in 50% of them
Locked-in rate
WorldRemitAppeared in 26 comparisons
Never the cheapest
Locked-in rate
WiseAppeared in 33 comparisons
Never the cheapest
4 Nov10 Nov
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 49 comparisons across 7 amounts over the last 7 days.
Locked-in rate
SendwaveAppeared in 101 comparisons
Cheapest in 50% of them
Locked-in rate
WorldRemitAppeared in 86 comparisons
Cheapest in 2% of them
Locked-in rate
WiseAppeared in 144 comparisons
Cheapest in 7% of them
12 Oct10 Nov
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 208 comparisons across 7 amounts over the last 30 days.
Locked-in rate
SendwaveAppeared in 266 comparisons
Cheapest in 41% of them
Locked-in rate
WorldRemitAppeared in 248 comparisons
Cheapest in 1% of them
Locked-in rate
WiseAppeared in 390 comparisons
Cheapest in 3% of them
13 Aug10 Nov
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 530 comparisons across 7 amounts over the last 90 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
Debit card→Mobile money
You pay £2,000.00
COL$8,781,852
Cheapest
2
Debit card→Bank deposit
You pay £2,000.00
COL$8,781,852
COL$0
3
Bank transfer→Bank deposit
You pay £2,000.00
COL$8,675,423
-COL$106,429
4
Debit card→Cash pickup
You pay £2,000.00
COL$8,669,000
-COL$112,852
5
Debit card→Bre-b
You pay £2,000.00
COL$8,669,000
-COL$112,852
Show moreShow less
6
Debit card→Mobile wallet
You pay £2,000.00
COL$8,669,000
-COL$112,852
7
Bank transfer→Bre-b
You pay £2,000.00
COL$8,669,000
-COL$112,852
8
Bank transfer→Cash pickup
You pay £2,000.00
COL$8,669,000
-COL$112,852
9
Bank transfer→Mobile wallet
You pay £2,000.00
COL$8,669,000
-COL$112,852
10
Credit card→Bank deposit
You pay £2,000.00
COL$8,669,000
-COL$112,852
11
Credit card→Bre-b
You pay £2,000.00
COL$8,669,000
-COL$112,852
12
Credit card→Cash pickup
You pay £2,000.00
COL$8,669,000
-COL$112,852
13
Credit card→Mobile wallet
You pay £2,000.00
COL$8,669,000
-COL$112,852
14
Remitly wallet→Bre-b
You pay £2,000.00
COL$8,669,000
-COL$112,852
15
Remitly wallet→Cash pickup
You pay £2,000.00
COL$8,669,000
-COL$112,852
16
Remitly wallet→Bank deposit
You pay £2,000.00
COL$8,669,000
-COL$112,852
17
Remitly wallet→Mobile wallet
You pay £2,000.00
COL$8,669,000
-COL$112,852
18
Debit card→Transfiya
You pay £2,000.00
COL$8,370,000
-COL$411,852
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.
1
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.
2
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.
3
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.
4
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.
5
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.
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.
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