How to send money to Colombia from India with the best INR-COP rate
Compare the best deals on transfers from India to Colombia. Explore the cheapest, fastest, and most reliable providers with the best INR to COP exchange rates.
Read on for the insights and in-depth analysis, and all you need to send money to Colombia from India.
"Over 15 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 15 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 15 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 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
Click here to see other options
"Over 15 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 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best way to send: Wise
We tested & reviewed 5 money transfer companies offering services between India and Colombia, and Wise scored highly.
For example, sending 22,100 INR to COP will cost you ₹1115.94 in fees, and you will receive 824,677.75 COP. The delivery time is next day, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your India to Colombia transfer using Wise.
Getting the best deal on your India to Colombia transfer
Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from India to Colombia.
Choose a provider
Select the provider that offers you the best value & service for transfers between India and Colombia.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Colombia.
Summary of recent searches
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 5 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 2.41% cheaper than the second-best option. The company offers a fee of 4 INR and an 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.
Fastest company to send money to Colombia from India: PayPal App (P2P Transfer).
Right now, if you are sending ₹22,100 with PayPal App (P2P Transfer) to Colombia, the transfer time is minutes. This can vary depending on your needs, but it's the fastest option.
Sending money through PayPal App (P2P Transfer) to Colombia from India has a fee of 884 INR.
To understand who was the fastest, we tested PayPal App (P2P Transfer) as part of 5 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, PayPal App (P2P Transfer) is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 5 providers compared.
While Wise 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 39.3885 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 7 days the INR-COP mid-market rate has had a high of 39.8925, a low of 39.3448 and averaged 39.5359 COP per Indian Rupee.
Across the 5 companies compared, the best exchange rate is with Wise.
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 charges the lowest fee of 4 INR at the moment. 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.
In the last 7 days, the exchange rate from INR to COP has seen some fluctuation. On average, it stood at 39.5359.
During this period, the highest value recorded was 39.8925, while the lowest was 39.3448.
Wise, which is our recommended service to send money online from India to Colombia offers 39.3002 COP per INR which is only 0.11% above the mid-market rate.
Want to secure the best INR-Colombian Peso exchange rates?
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Payment methods available to fund your India to Colombia transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Colombia.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to Colombia allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 5 we tested when sending INR to Colombia.
With a fee of INR4 to send money from India to Colombia, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Colombia with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from India to Colombia, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from India to Colombia, we to get the best deal.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
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 and review methodology.
Related transfer routes
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Can I send money from India to Colombia with MoneyTransfers.com?
What are the typical transfer fees for sending Indian Rupees to Colombia through various providers?
How long does it take to send money from India to Colombia?
What is the best exchange rate I can get for sending money from India to Colombia?
Are there any minimum or maximum transfer amounts for sending money from India to Colombia?
Can I schedule regular transfers between India and Colombia?
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