💸 What's the best way to send money to Colombia from Canada?

The best way to send money from Canada to Colombia depends on various factors - the way the transfer will be paid for and received, the amount you send, the countries, and the transfer speed. With Monito, you can compare all the best options for sending money from Canada to Colombia in just a few clicks. There are plenty of ways for the beneficiary to receive the money in Colombia, ex.: Bank account deposit Cash pick-up at an agent location

What's the cheapest way to send money Colombia from Canada?

Money transfers from Canada to Colombia could be very expensive if you’re unaware of hidden conversion costs. We always recommend avoiding banks, PayPal, or cash-based money transfer services while transferring the funds to Colombia from Canada. Many money transfer operators are offering the lowest fees and the best Canadian dollar-Colombian peso exchange rates. All the options you can compare on Monito to make sure you get the best deal for money transfers from Canada to Colombia.

Is it possible to send money online from Canada to a cash pick-up location in Colombia? 💶

Yes, you can send money online from Canada to a cash-pick up location in Colombia. It's an excellent option when a person you're sending money to, does not have a bank account or wants to receive money fast. WorldRemit cash pick-up transfers are available to collect in 3 minutes. With WorldRemit in Colombia, you can pick up the money from any branch of: Banco Davivienda (Formerly Granbanco Bancafe S.A.): there are more than 40 branches located in ex. Bogota, Medellin, Cali or Barranquilla Super GIROS: more than 700 branches in all Colombian provinces and cities BBVA Colombia: a network of more than 500 bank branches throughout the country (ex. 134 in Bogota and 45 in Medellin) Bancolombia: more than 700 branches in the country (ex. in Armenia, Barranquilla, Bogota, Bucaramanga, Cali, Cucuta, Itagui, Manizales, Medellin and many more).

💰 How to send money from Canada to Colombian bank account at the best rate?

Your bank in Canada might not offer you the best rate to send money to Colombia. But there are plenty of dedicated money transfer services that will allow you to send money to a Colombian bank account at the best rate. You can compare these services using Monito's live comparison tool. Here's how to send money from Canada to a Colombian bank account with a money transfer specialist: Compare & find the cheapest service on Monito.com Open an account online with them Set-up your transfer, with the beneficiary's bank details in Colombia Fund your transfer by wire transfer, debit or credit card Click send and... voilà! The money is on its way from Canada to Colombia 💸

Find the best ways to send money to Colombia from Canada

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Top Providers For transfers from Canada to Colombia

Based on 2,405 comparisons made by Monito users in the past 3 months.

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Best for Transfers to a Bank Account

Cheapest
9.1

Cheapest

in 96% of all comparisons
Go to Remitly
Top rated
9.5

Top rated

in 91% of all comparisons
Fastest

in 90% of all comparisons
Go to Wise

Best of 4 providers. Compare all

Best for Transfers to Cash Pickup

Top provider
9.1

Cheapest

in 96% of all comparisons
Top rated

in 97% of all comparisons
Fastest

in 96% of all comparisons
Go to Remitly
Cheapest

in 96% of all comparisons
Top rated

in 97% of all comparisons
Fastest

in 96% of all comparisons

Best of 2 providers. Compare all

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1 CAD = COP Mid-market exchange rate

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25M+ comparisons made

With more than 7 million searches per year, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$80M+ in transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved around $80 million in total to date!
200+ providers compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
2,000+ in-depth guides

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice.

Monito's Recommendations for Sending Money from Canada to Colombia

Affiliate disclosure

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Canada to Colombia:

Best Ways to Send Money from Canada to Colombia

The best rated: Wise (9.5/10)
The cheapest: Remitly
The fastest: Remitly
Best cash pickup network in Colombia: Western Union

About Money Transfers from Canada to Colombia

Monito compares 5 providers offering international money transfer services from Canada to Colombia. The total cost of the cheapest available option at any given point in the past month was 0.5% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 6.1%.

💸 Number of providers	5
🏆 Most often cheapest provider	Remitly
💰 Average Lowest Total Cost	0.5%
💰 Highest Total Cost	6.1%
👍 Recommended Providers	Wise, WorldRemit, Remitly, Instarem, Paysend
⚡ ️Fastest Transfer Time	In minutes
💳 Pay-in Options	Bank transfer, Direct bank payment, Credit card, Debit card
💵 Pay-out Options	Bank account, Cash pickup, Card, Mobile wallet
💸 Most transferred amount	400 CAD

FAQ About Money Transfers From Canada to Colombia

💸 What's the best way to send money to Colombia from Canada?
The best way to send money from Canada to Colombia depends on various factors - the way the transfer will be paid for and received, the amount you send, the countries, and the transfer speed.
With Monito, you can compare all the best options for sending money from Canada to Colombia in just a few clicks.
There are plenty of ways for the beneficiary to receive the money in Colombia, ex.:
- Bank account deposit
- Cash pick-up at an agent location
What's the cheapest way to send money Colombia from Canada?
Money transfers from Canada to Colombia could be very expensive if you’re unaware of hidden conversion costs.
- We always recommend avoiding banks, PayPal, or cash-based money transfer services while transferring the funds to Colombia from Canada.
- Many money transfer operators are offering the lowest fees and the best Canadian dollar-Colombian peso exchange rates. All the options you can compare on Monito to make sure you get the best deal for money transfers from Canada to Colombia.
Is it possible to send money online from Canada to a cash pick-up location in Colombia? 💶
Yes, you can send money online from Canada to a cash-pick up location in Colombia. It's an excellent option when a person you're sending money to, does not have a bank account or wants to receive money fast. WorldRemit cash pick-up transfers are available to collect in 3 minutes.
With WorldRemit in Colombia, you can pick up the money from any branch of:
- Banco Davivienda (Formerly Granbanco Bancafe S.A.): there are more than 40 branches located in ex. Bogota, Medellin, Cali or Barranquilla
- Super GIROS: more than 700 branches in all Colombian provinces and cities
- BBVA Colombia: a network of more than 500 bank branches throughout the country (ex. 134 in Bogota and 45 in Medellin)
- Bancolombia: more than 700 branches in the country (ex. in Armenia, Barranquilla, Bogota, Bucaramanga, Cali, Cucuta, Itagui, Manizales, Medellin and many more).
💰 How to send money from Canada to Colombian bank account at the best rate?
Your bank in Canada might not offer you the best rate to send money to Colombia. But there are plenty of dedicated money transfer services that will allow you to send money to a Colombian bank account at the best rate. You can compare these services using Monito's live comparison tool.
Here's how to send money from Canada to a Colombian bank account with a money transfer specialist:
1. Compare & find the cheapest service on Monito.com
2. Open an account online with them
3. Set-up your transfer, with the beneficiary's bank details in Colombia
4. Fund your transfer by wire transfer, debit or credit card
Click send and... voilà! The money is on its way from Canada to Colombia 💸

Best Rated Providers to Send Money from Canada to Colombia

9.5

9.1

8.5

8.1

8.0

See Monito's In-Depth Money Transfer Guides

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Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

How can I use Monito to find the best option to send money to Colombia?

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to Colombia, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Can I trust a company I found on Monito but never heard about before?

Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money to Colombia.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito

Monito is Trusted by 15+ Millions Users across the globe.
Monito's experts spend hours researching and testing services
Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

Find the best ways to send money to Colombia from Canada

Top Providers For transfers from Canada to Colombia

Best for Transfers to a Bank Account

Best for Transfers to Cash Pickup

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Compare 5 providers for a 400 CAD transfer from Canada to Colombia

Monito's Recommendations for Sending Money from Canada to Colombia

Best Ways to Send Money from Canada to Colombia

About Money Transfers from Canada to Colombia

FAQ About Money Transfers From Canada to Colombia

Best Rated Providers to Send Money from Canada to Colombia

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Why Trust Monito?

Mid-market exchange rate