Companies for transfers from India to Colombia
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Best way to send: Ria Money Transfer
We tested & reviewed 7 money transfer companies offering services between India and Colombia, and Ria Money Transfer scored highly.
In total, Ria Money Transfer appeared in 50.9% of India to Colombia searches, and was the top rated company out of 7 that support transfers into Colombian Peso.
So for a great mix of cost, speed & features, make your India to Colombia transfer using Ria Money Transfer.
Getting the best deal on your India to Colombia transfer
Considerations for sending money from India to Colombia
Always compare ways to send money from India to Colombia to get the best options for fees, speed, and reliability.
Our analysis included 7 providers that operate between India and Colombia.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Colombia.
Cheapest way to transfer money from India to Colombia: Ria Money Transfer
Our data shows Ria Money Transfer is 0% cheaper than the second-best option. The company offers an average fee of 4* INR and an average exchange rate between INR and COP that is 2.8% different to the mid-market rate.
For a cheap way to send INR to Colombia, Ria Money Transfer is a great all round choice.
*The most common fee applied to INR-COP by Ria Money Transfer, based on data from the past six months.
Fastest company to send money to Colombia from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Colombian Peso 82.3% of the time.
Sending money through Ria Money Transfer to Colombia from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 7 money transfer providers. Within this, we looked at the overall speed of sending money from India to Colombia. This was made up of transfer times to Colombia after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Colombia are a priority, Ria Money Transfer is our recommended choice.
Need to make a large transfer?
Ria Money Transfer is the best option for large transfers of the 7 providers compared.
While Ria Money Transfer may not always be the cheapest or fastest way to send INR from India to Colombia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to Colombia from India
Fees and exchange rates make up the total cost of sending money from Colombia to Colombia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-COP mid-market rate is 51.6911 COP per Indian Rupee. You will get more Colombian Peso for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-COP mid-market rate has had a high of 53.2575, a low of 47.1017 and averaged 49.7299 COP per Indian Rupee.
Across the 7 companies compared, the best exchange rate is with Ria Money Transfer.
Unless fees are unusually high, the exchange rate you receive on converting INR to COP will be the biggest determining factor when working out the cost of transferring Indian Rupees to Colombia.
Fees: Transfer fees are charged as part of the transfer. Ria Money Transfer at an average of 4 INR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Colombian Peso eventually received in Colombia. You can assume that a lower cost of sending from India will result in more money received in Colombia.
How to find the best exchange rate for Indian Rupee to Colombian Peso
Timing is essential for sending money between INR and COP. The exchange rate you secure impacts how much COP you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to COP has seen some fluctuation. On average, it stood at 49.7299.
During this period, the highest value recorded was 53.2575, while the lowest was 47.1017.
Ria Money Transfer, which is our recommended service to send money online from India to Colombia offers an exchange rate that is only 2.8% above the mid-market rate.
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Payment methods available to fund your India to Colombia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Colombia and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Colombia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to COP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.