.svg)
"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."
"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: Wise
We tested & reviewed 18 money transfer companies offering services between the United States and Colombia, and Wise scored highly.
In total, Wise appeared in 57.6% of United States 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 United States to Colombia transfer using Wise.
Getting the best deal on your United States 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 the United States to Colombia.
- Choose a provider
Select the provider that offers you the best value & service for transfers between the United States 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 United States to Colombia
Always compare ways to send money from the United States to Colombia to get the best options for fees, speed, and reliability.
Our analysis included 18 providers that operate between United States and Colombia.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Colombia.
Cheapest way to send money to Colombia from the United States: Revolut
They offer an average fee of 0* USD and exchange rate between USD-COP that is 0.17% different to the mid-market rate.
In comparison, Revolut is % cheaper than the second-best option.
To secure affordable and great rates on a USD to Colombia transfer, Revolut is our recommended choice.
*The most common fee applied to USD-COP by Revolut, based on data from the past six months.
Fastest way to send money to Colombia from the United States: Paysend
Our comparison shows Paysend is the fastest option for sending US Dollar into Colombian Peso 48.1% of the time. For urgent USD to COP money transfers, they’re our recommended choice.
A USD-Colombian Peso transfer through Paysend comes with an average 0 USD fee.
To ensure Paysend was the 'fastest' option we compared 18 providers. This comparison was for overall speed of sending money from the United States to Colombia and is a combination of depositing US Dollar, transfer times to Colombia and withdrawal timeframes where applicable.
When speed is a priority, Paysend is the top choice for sending into Colombia from the United States.
Need to make a large transfer?
Wise is the best option for large transfers of the 18 providers compared.
While Wise may not always be the cheapest or fastest way to send USD from the United States to Colombia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money from United States to Colombia
The total cost of money transfers from United States to Colombia is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for USD-COP is currently 4,388.88 COP per US Dollar. Providers offering services closer to this rate will ensure more Colombian Peso for your US Dollars.
To give a historic average, over the last three months the USD-COP mid-market rate has been 4,172.6677 COP per US Dollar, this has had a high of 4,499.0754 and a low of 3,815.42.
From the 18 companies compared, Revolut offers the best exchange rate on transfers to Colombia and the United States.
Generally, the exchange rate you receive on converting USD to COP will be the biggest factor impacting the cost of sending US Dollars to Colombia.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Revolut at an average of 0 USD per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Colombian Peso. Simply, the higher the amount received in the United States, the lower the cost of sending from Colombia.
How to find the best exchange rate for US Dollar to Colombian Peso
Timing is essential for sending money between USD and COP. The exchange rate you secure impacts how much COP you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to COP has seen some fluctuation. On average, it stood at 4,172.6677.
During this period, the highest value recorded was 4,499.0754, while the lowest was 3,815.42.
Wise, which is our recommended service to send money online from United States to Colombia offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best USD-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 States to Colombia!
United States to Colombia money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from the United States to Colombia.
A money transfer company like Revolut offer bank transfers between the United States and Colombia with lower fees and better exchange rates than you would get from a traditional bank.
On average, Revolut is the cheapest provider for bank transfers of the 18 we tested when sending USD to Colombia.
Revolut has an average fee of
0 USD for money transfersfrom the United States to Colombia. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United States to Colombia with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from the United States to Colombia, competing among a total of 18 active money transfer companies on this route.
Credit cards
Instarem is our top choice of the 18 companies offering credit card transfers from the United States to Colombia.Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why 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 United States.
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 States to Colombia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD 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
