"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Best way to send: WorldRemit
We tested & reviewed 18 money transfer companies offering services between Spain and Colombia, and WorldRemit scored highly.
In total, WorldRemit appeared in 52.6% of Spain to Colombia searches, and was the top rated company out of 18 that support transfers into Colombian Peso.
So for a great mix of cost, speed & features, make your Spain to Colombia transfer using WorldRemit.
Getting the best deal on your Spain to Colombia transfer
Considerations for sending money from Spain to Colombia
Always compare ways to send money from Spain to Colombia to get the best options for fees, speed, and reliability.
Our analysis included 18 providers that operate between Spain and Colombia.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Colombia.
Cheapest way to send money to Colombia from Spain: Revolut
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to Colombian Peso that is 0.13% different to the mid-market rate.
On average, Revolut is 0.2% cheaper than the second-best option.
We would recommend Revolut for low cost, affordable transfers from Colombian Pesos to Colombia.
*The most common fee applied to EUR-COP by Revolut, based on data from the past six months.
Fastest money transfers to Colombia from Spain: Paysend.
Through our research, we found Paysend to be the quickest way to send EUR into Colombian Peso in 59.8% of instances. For fast transfers between EUR and COP, Paysend is generally a good option.
Money transfers from Spain to Colombia through Paysend have an average fee of 0 EUR.
To confirm that Paysend was the 'fastest' option we compared 18 money transfer providers for overall speed of sending money from Spain to Colombia. This was made up of depositing Euro to a money transfer account and transfer times to Colombia.
When sending quickly is a priority, Paysend is our recommended choice for sending into Colombia from Spain.
Need to make a large transfer?
WorldRemit is the best option for large transfers of the 18 providers compared.
While WorldRemit may not always be the cheapest or fastest way to send EUR from Spain to Colombia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of moving money to Colombia from Spain
The total cost of money transfers to Colombia from Spain, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for EUR-COP is 4,569.4385 COP per Euro.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Colombian Peso for your Euros.
On average for the last three months, the EUR-COP mid-market rate has been 4,592.5227 COP per Euro. This hit a high of 4,827.4219, and a low of 4,281.6298.
From the 18 companies compared, Revolut offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to COP.
Fees: Some money transfers between Spain and Colombia will be subject to fees. Revolut has had an average fee of 0 EUR per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Colombian Peso eventually received in Colombia.
This number should guide you, as a higher amount of money received in Colombia means a better overall cost of sending money from Spain.
How to find the best exchange rate for Euro to Colombian Peso
Timing is essential for sending money between EUR and COP. The exchange rate you secure impacts how much COP you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to COP has seen some fluctuation. On average, it stood at 4,592.5227.
During this period, the highest value recorded was 4,827.4219, while the lowest was 4,281.6298.
WorldRemit, which is our recommended service to send money online from Spain to Colombia offers an exchange rate that is only 1.63% above the mid-market rate.
Want to secure the best EUR-Colombian Peso exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Colombia!
Funding your Spain to Colombia money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Colombia and Spain.
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 Spain to Colombia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to COP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.