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Companies for transfers from Colombia to Nigeria
"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."
Overall best way: Paysend
We tested & reviewed 7 transfer providers, and Paysend scored highly.
In the last six months, Paysend appeared in 98% of Colombia to Nigeria searches, and was the top rated company supporting payments Colombia into Naira.
So for a great mix of cost, speed & features, make your Colombia to Nigeria transfer using Paysend.
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 money transfers from Colombia to Nigeria
Comparing providers offering services between Colombia and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 7 companies that provide the ability to send Colombian Peso to Nigeria.
This ensures you get the best options for transfers to Nigeria from Colombia, based on the amount you want to send.
Cheapest way to send money to Nigeria from Colombia: Wise
Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* COP and an exchange rate for buying Naira with Colombian Peso that is -6.03% different to the mid-market rate.
If you want to secure the best rates on a Colombia to Nigeria transfer, Wise offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to COP-NGN by Wise, based on data from the past six months.
Fastest money transfers from Colombia to Nigeria: Paysend.
Through our comparison, we found Paysend to be the fastest option to transfer money from Colombia to Naira in 98% of instances.
Over the last six months, sending money from Colombia to Nigeria through Paysend have an average fee of 0 COP.
Paysend was one of 7 money transfer providers we compared for overall speed of sending money from Colombia to Nigeria. This speed test included depositing Colombian Pesos to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Paysend is our best choice for sending from Colombia to Nigeria.
Sending large sums of money?
Of the 7 companies tested, Paysend is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to Nigeria from Colombia can be expensive.
Paysend is our choice for big transfers to COP because of all round price, speed and management when making large transfers.
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 0.3654 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 three months has averaged 0.3773 NGN per Colombian Peso, with a low of 0.3546 and a high of 0.395.
Paysend is currently offering the best exchange rate from the 7 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. Paysend currently has the lowest fees for transfers into NGN at an average of 0 COP over the last 6 months. 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.
Getting the best exchange rate for Colombian Peso to Naira
Tracking the mid-market rate can make a huge difference when sending money COP to NGN. The exchange rate you secure impacts how much NGN you get for your COP.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from COP to NGN has seen some fluctuation. On average, it has been 0.3773.
During this period, the highest value level was 0.395, with a low of 0.3546.
Paysend, which is our recommended service to send money online from Colombia to Nigeria offers an exchange rate that is only -0.5% 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 options for Colombia to Nigeria money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from Colombia to Nigeria.
By using a money transfer company such as Wise for transfers from Colombia to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.
Wise is the cheapest money transfer company for bank transfers from the 7 we compared for transfers from COP into Nigeria.With an average fee of 8.44 COP to send money from Colombia to Nigeria, Wise offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from Colombia to Nigeria with a debit or a prepaid card is available through .
is a one of the cheaper options for debit card payments for transfers from Colombia to Nigeria. This cost is against a total of 7 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from Colombia to Nigeria, emerges as our top choice of the 7 companies offering this service.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment.
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 document.
Money transfer company reviews
