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Send money from Colombia to Nigeria
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Best recommended: Western Union Agent
Of the 4 money transfer providers tested and reviewed, Western Union Agent will get you the most NGN (348,563.29) based on our 7-day analysis.
Western Union Agent appeared in 100% of Colombia to Nigeria searches, and was the top rated company supporting COP to NGN transfers.
How to get the best deal on your Colombia to Nigeria money transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from Colombia to Nigeria.
Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Colombia and Nigeria.
Click, sign up & send
Follow the steps & make your transfer to Nigeria. Your funds will be sent from Colombia and converted into Naira.
Summary of recent searches
Considerations for sending money from Colombia to Nigeria
Compare providers
Always compare ways to send money from Colombia to Nigeria to get the best options for fees, speed, and reliability.
Our analysis included 4 providers that operate between Colombia and Nigeria.
Through this, you get a comprehensive view of all the options you have in Colombia when you need to send money to Nigeria.
Track the Colombian Peso-Naira exchange rate
Choose the right payment method
Use regulated providers
Consider transfer limits
How to receive money in Nigeria
Have your ID ready
Don't forget about taxes
Cheapest way to transfer money from Colombia to Nigeria: Western Union Agent
Our data shows that Western Union Agent is 0% cheaper than the second-best option.
The company offers an average fee of 3* COP and an average exchange rate between COP and NGN that is 5% different from the mid-market rate.
For a cheap way to send COP to Nigeria, Western Union Agent is a great all round choice.
*The most common fee applied to COP-NGN by Western Union Agent, based on data from the past 7 days.
Fastest way to send money to Nigeria from Colombia: PayPal App
Our comparison shows that PayPal App is the fastest option for sending Colombian Peso into Naira 100% of the time.
With PayPal App, the average transfer time is: minutes (based on a 7-day average ).
A COP-Naira transfer through PayPal App comes with an average 4 COP fee.
This comparison is based on the overall speed of sending 936,800 COP to Nigeria and is a combination of depositing Colombian Peso, transfer times to Nigeria and withdrawal timeframes, where applicable.
When speed is a priority, PayPal App is the top choice for sending into Nigeria from Colombia.
Send large sums of money
Western Union Agent offers the strongest all round option for large transfers of the 4 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Naira to Naira.
As such, opt for Western Union Agent for sending large sums of money to Nigeria from Colombia.
Pick the right payment method when sending money to Nigeria from Colombia
When sending money to Nigeria from Colombia, it is important to consider your needs and the payment method you will be using. Some payment methods can be faster but will cost more, while others might have lower fees but get you more NGN.
Below is the data from our search results from the past week. It is based on $936,800 transfer to Nigeria from Colombia.
Overall best way to send money to Nigeria from Colombia
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Western Union Agent (appeared 1 times last week) | 0.3721 (5% markup) | 3 | 348,563.29 NGN |
Bank transfer deposit | Western Union Agent (appeared in 100% of the searches last week) | 0.3721 (5% markup) | 3 | 348,563.29 NGN |
Debit card deposit | Western Union Agent (appeared 1/7 times in the past 7 days) | 0.3721 (5% markup) | 3 | 348,563.29 NGN |
Cheapest money transfer companies to send money to Nigeria from Colombia
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Western Union Agent (appeared 1 times last week) | 0.3721 (5% markup) | 3 | 348,563.29 NGN |
Bank transfer deposit | Western Union Agent (appeared in 100% of the searches last week) | 0.3721 (5% markup) | 3 | 348,563.29 NGN |
Debit card deposit | Western Union Agent (appeared 1/7 times in the past 7 days) | 0.3721 (5% markup) | 3 | 348,563.29 NGN |
Money transfer companies with the lowest COP fees
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Paysend (appeared 1 times last week) | 0.3667 (6.58% markup) | 0 | 343,486.89 NGN |
Bank transfer deposit | Western Union Agent (appeared in 100% of the searches last week) | 0.3721 (5% markup) | 3 | 348,563.29 NGN |
Debit card deposit | Paysend (appeared 1/7 times in the past 7 days) | 0.3667 (6.58% markup) | 0 | 343,486.89 NGN |
Fastest money transfer companies to send money to Nigeria from Colombia
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | PayPal App (appeared 1 times last week) | 0.3682 (6% markup) | 4 | 344,893.83 NGN |
Bank transfer deposit | PayPal App (appeared in 100% of the searches last week) | 0.3682 (6% markup) | 4 | 344,893.83 NGN |
Debit card deposit | PayPal App (appeared 1/7 times in the past 7 days) | 0.3682 (6% markup) | 4 | 344,893.83 NGN |
We recommend avoiding the following companies, as they are the most expensive for transfers from Colombia to Nigeria:
Overall most expensive option: Paysend. It will cost you $0 to send money to Nigeria, and your recipient will get 343,486.89 NGN.
Most expensive for bank transfer deposits: PayPal App. It will cost you $4 to send money to Nigeria, and your recipient will get 344,893.83 NGN.
Most expensive for debit card deposits: Paysend. It will cost you $0 to send money to Nigeria, and your recipient will get 343,486.89 NGN.
Understanding the cost of sending money from Colombia to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Colombia to Nigeria.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Naira for your Colombian Peso. The current COP-NGN mid-market rate is 0.3879 NGN per Colombian Peso.
This rate changes regularly so it can pay to track it. For comparison, the COP-NGN mid-market rate for the past 7 days has averaged 0.3874 NGN per Colombian Peso, with a low of 0.3835 and a high of 0.3937.
Western Union Agent is currently offering the best exchange rate from the 4 companies compared.
Often the COP-NGN exchange rate you pay is the biggest cost factor when transferring Colombian Pesos to Nigeria.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Colombian Peso you’re sending to Nigeria. Western Union Agent currently has the lowest fees for transfers into NGN at an average of 3 COP over the last week. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the biggest indicator of the total cost of sending money to Nigeria from Colombia. The bigger the amount received in Nigeria, the lower the overall cost of sending from Colombia.
How to find the best exchange rate for Colombian Peso to Naira
Timing is essential for sending money between COP and NGN. The exchange rate you secure impacts how much NGN you get for your COP.
Let's dive into some interesting recent trends.
In the last 7 days, the exchange rate from COP to NGN has seen some fluctuation. On average, it stood at 0.3874.
During this period, the highest value recorded was 0.3937, while the lowest was 0.3835.
Western Union Agent, which is our recommended service to send money online from Colombia to Nigeria offers an exchange rate that is only 5% above the mid-market rate.
Want to secure the best COP-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Colombia to Nigeria!
Payment methods for Colombia to Nigeria transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Colombia to Nigeria.
By opting for a money transfer company such as Western Union Agent for transfers from Colombia to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Western Union Agent is the cheapest provider for bank transfers from the 4 we tested when sending COP to Nigeria.
With an average fee of COP3 to send money from Colombia to Nigeria, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Colombia to Nigeria is easy with Western Union Agent.
Western Union Agent is a market leader in debit card payments for transfers from Colombia to Nigeria, this is among a total of 4 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from Colombia to Nigeria, we recommend running a quick comparison to get the best deal as not many companies offer direct credit card deposits.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Colombia.
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 Colombia to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send COP to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
