.svg)
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 67.6% of United States to Colombia searches, and was the top rated company out of 12 that support USD to COP.
So for a great mix of cost, speed & features, make your United States to Colombia transfer using Wise.
How to get the best deal on your United States to Colombia transfer
Summary of recent searches
Important things to consider before sending money from United States to Colombia
Don't settle for the first option. Always compare ways to send money from United States to Colombia to find out about fees, speed, and reliability.
Our analysis included 12 providers that operate between United States and Colombia.
Through this, you get a comprehensive view of all the options you have in United States when you need to send money to Colombia.
Cheapest way to send money to Colombia from United States: XE
Data collected over the past six months show that XE is 0% cheaper than the second-best option.
The $0.19 transfer cost represents the most common fee for USD to COP international transfers, based on data from the past six months.
If you want to secure the best rates on a USD to Colombia transfer, make sure you pick XE to send your money online.
*The most common fee applied to USD-COP by XE, based on data from the past six months.
Fastest way to send money from United States to Colombia: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from United States to Colombia in 53.4% of searches. This makes them well suited to urgent USD to COP money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United States to Colombia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Colombia from United States in 53.4% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send USD from United States to Colombia, it’s the provider that will keep you safe and relaxed while your money moves into COP.
Understanding the costs involved when moving money from United States to Colombia
When calculating the costs of money transfers between United States and Colombia, here's what really matters:
The Mid-Market Rate: Today, the USD-COP mid-market rate equals to 3928.4 COP per US Dollar. Keep in mind that this rate fluctuates all the time.
The USD-COP average exchange rate of the past three months has been 4052.5425 COP per US Dollar, with a high of 4353.85 and a low of 3828.48.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent USD to COP rates that are only 0.02% away from the average.
How to find the best exchange rate for US Dollar to Colombian Peso
Timing is essential 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 4052.5425.
During this period, the highest value recorded was 4353.85, while the lowest was 3828.48.
Wise, which is our recommended service to send money online from United States to Colombia offers an exchange rate that is only 0.08% 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!
Payment methods available to fund your United States to Colombia transfer
Bank transfers
Bank transfers are often the default option for sending money from United States to Colombia.
By using a money transfer company such as XE for transfers from United States to Colombia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, XE is the cheapest provider for bank transfers from the 12 we tested when sending USD to Colombia.
With an average fee of USD0.29 to send money from United States to Colombia, XE offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from 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 United States to Colombia, competing among a total of 12 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from United States to Colombia, Instarem emerges as our top choice of the 12 companies offering this service.
Our comparison engine's last six months of data on USD to COP searches show Instarem has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. 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.
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
