"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."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"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."
Best way to send: Wise
We tested & reviewed 19 money transfer companies offering services between the United Kingdom and Colombia, and Wise scored highly.
In total, Wise appeared in 76.7% of United Kingdom to Colombia searches, and was the top rated company out of 19 that support transfers into Colombian Peso.
So for a great mix of cost, speed & features, make your United Kingdom to Colombia transfer using Wise.
Getting the best deal on your United Kingdom to Colombia transfer
Considerations for sending money from United Kingdom to Colombia
Always compare ways to send money from the United Kingdom to Colombia to get the best options for fees, speed, and reliability.
Our analysis included 19 providers that operate between United Kingdom and Colombia.
Through this, you get a comprehensive view of all the options you have in the United Kingdom when you need to send money to Colombia.
Cheapest way to send money to Colombia from the United Kingdom: Dahabshiil
Data collected through our comparison over the past six months shows that Dahabshiil is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* GBP and an exchange rate for buying Colombian Peso with Pound Sterling that is -1.53% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Colombia transfer, Dahabshiil offers value. We would still recommend searching for the amount you want to send to Colombia.
*The most common fee applied to GBP-COP by Dahabshiil, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Colombia: Wise
Our data shows that Wise came up as the fastest option for sending Pound Sterling into Colombian Peso in 63.9% of searches. This makes them well suited to urgent GBP to COP money transfers.
The average fee for a GBP-Colombian Peso transfer through Wise is 10.11 GBP.
To get the 'fastest' option we compared 19 providers for overall speed of sending money from the United Kingdom to Colombia - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Colombia.
When speed matters, Wise is your best choice for sending into Colombia from the United Kingdom.
Need to make a large transfer?
Wise is the best option for large transfers of the 19 providers compared.
While Wise may not always be the cheapest or fastest way to send GBP from the United Kingdom to Colombia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when transferring money to Colombia from United Kingdom
When calculating the cost of sending money from the United Kingdom to Colombia, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-COP mid-market rate is 5,520.4465 COP per Pound Sterling. Finding a provider as close to this number as possible will ensure more Colombian Peso for your money.
As a comparison, the GBP-COP mid-market rate for the past three months has averaged 5,333.2197 COP per Pound Sterling, hitting a high of 5,698.7496 and a low of 4,914.705.
Dahabshiil is currently offering the best exchange rate on transfers between the United Kingdom and Colombia.
Often the GBP-COP exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Colombia.
Fees: Transfer fees are charged on top of a transfer. Dahabshiil currently offers lowest fees, at an average of 0 GBP over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Colombian Peso is the biggest indicator in the total cost of sending money to the United Kingdom from Colombia. The higher the total amount received in Colombia, the lower the cost of sending from the United Kingdom.
How to find the best exchange rate for Pound Sterling to Colombian Peso
Timing is essential for sending money between GBP and COP. The exchange rate you secure impacts how much COP you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to COP has seen some fluctuation. On average, it stood at 5,333.2197.
During this period, the highest value recorded was 5,698.7496, while the lowest was 4,914.705.
Wise, which is our recommended service to send money online from United Kingdom to Colombia offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best GBP-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 United Kingdom to Colombia!
Funding your United Kingdom 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 United Kingdom.
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 United Kingdom to Colombia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to COP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.