MoneyTransfers

Find the best ways to transfer money from Spain to Colombia

Compare the best deals on transfers from Spain to Colombia. Explore the cheapest, fastest, and most reliable providers with the best EUR to COP exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Colombia from Spain.

Transferring the other way? Send COP from Colombia to Spain instead.
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WorldRemit was the top rated provider from Spain to Colombia

"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."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.8% - 3%
Revolut was the cheapest from Spain to Colombia

"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."

Fees
0.3% - 1%
Transfer Speed
Minutes - 5 days
Exchange Rate Markup
0.1% - 0.6%
Paysend was the fastest from Spain to Colombia

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%

Best way to send: WorldRemit

WorldRemit is our top pick for sending EUR to COP.

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.

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Getting the best deal on your Spain to Colombia transfer

Summary of recent searches

Top rated for transfers from Spain to Colombia
WorldRemit
Total number of ES - CO providers
18
Average cheapest fees & rate
Revolut
Average fastest transfer
Paysend
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Instarem
Best for credit card
Wise

Considerations for sending money from Spain to Colombia

1
Compare providers

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.

2
Track the Euro-Colombian Peso exchange rate
3
Choose the right payment method
4
Use regulated providers
5
Consider transfer limits
6
How to receive money in Colombia
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to send money to Colombia from Spain: Revolut

Of the 18 providers compared, Revolut is the cheapest option for sending money over the last six months.

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.

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Fastest money transfers to Colombia from Spain: Paysend.

We tested 18 companies offering transfers from Euro to Colombia and Paysend offered the quickest options.

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?

For big transfers between Spain and Colombia, competitive pricing & strong customer service are key.

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.

Mid-market Rate
1
= 4550.647272 COP

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

  • Bank transfers

    Bank transfers are often the best and easier way to send money from Spain to Colombia.

    By using a money transfer company such as Revolut for transfers from Spain to Colombia, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank. 


    On average, Revolut is the cheapest way to send money via a bank transfer. This is of the 18 companies we tested when sending EUR to Colombia.

    With an average fee of 0 EUR to send money from Spain to Colombia, Revolut offers a decent combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Spain to Colombia with a debit or a prepaid card is easy with Wise.


    Wise is a leading money transfer company for debit card payments, and offers transfers from Spain to Colombia.

  • Credit cards

    When it comes to sending money with a credit card from Spain to Colombia, Xe is our top choice of the 18 companies offering this service.

    Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, we recommend bank transfer or debit card instead.

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.

Money transfer company reviews

How much money can be transferred from Spain to Colombia?
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Can I send money from Spain to Colombia with MoneyTransfers.com?
What are the typical transfer fees for sending Euros to Colombia through various providers?
How long does it take to send money from Spain to Colombia?
What is the best exchange rate I can get for sending money from Spain to Colombia?
Are there any minimum or maximum transfer amounts for sending money from Spain to Colombia?
Can I schedule regular transfers between Spain and Colombia?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.