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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How to send money from Canada to Colombia at the best rate?

We currently compare 6 options available for your transfer from Canada to Colombia.

To transfer Canadian dollars to a bank account in Colombian pesos in Colombia, the cheapest option is currently Remitly, with zero transfer fees and a good CAD-COP exchange rate (current rate: 1 CAD = 3,162.6 COP).

In comparison, the total cost of your transfer would be 31.23 CAD (roughly -36x more expensive) if you were to use WorldRemit for the very same transfer.

For this transfer to Colombia, it might be interesting to also check out two other competitive money transfer solutions: Paysend and XE Money Transfer.

If the person you're sending money to wants to receive Colombian pesos in cash at an agent location in Colombia, then the most competitive option currently is Remitly, with zero transfer fees and a good CAD-COP conversion rate (their current exchange rate is 1 CAD = 3,162.6 COP).

In comparison, the total cost would be 31.93 CAD if you wanted to use MoneyGram to make the same transfer.

This recommendation was updated a few minutes ago.

1 CAD = COP Mid-market exchange rate

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$38M+ 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 nearly $40 million in total to date!
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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.
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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 for your disposal.

Monito's Recommendations for Sending Money from Canada to Colombia

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 cheapest: Remitly
The fastest: XE Money Transfer and Wise
The best mobile app: Wise
Best cash pick-up network in Colombia: Western Union

Best Rated Providers to Send Money from Canada to Colombia

9.5

8.8

7.8

7.7

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 💸

See Monito's In-Depth Money Transfer Guides

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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.

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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.

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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

Compare 6 providers for a 650 CAD transfer from Canada to Colombia

How to send money from Canada to Colombia at the best rate?

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Monito's Recommendations for Sending Money from Canada to Colombia

Best Ways to Send Money from Canada to Colombia

Best Rated Providers to Send Money from Canada to Colombia

FAQ about money transfers 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