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

❌Let's start with the most expensive solutions: banks, cash-based money transfer, and e-wallets like Paypal are in general super-expensive options for sending money from Spain to Colombia when you take into consideration all fees (incl. hidden currency exchange rate margin). ✅Thankfully, there are plenty of online money transfer services with transparent & cheap fees and excellent exchange rates. You can compare them all on Monito and find the cheapest way to send money from Spain to Colombia .

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

The best way to send money from Spain to Colombia depends on various factors: Transfer payment: credit card, bank transfer, cash payment, etc. The amount in Euro transferred from Spain to Colombia: the cheapest operator will not necessarily be the same for a transfer of €50 or €2,000 The duration of the transfer: does the money have to be available immediately, or can a beneficiary wait a few days? How the beneficiary will receive the funds: in cash or via a bank deposit Compare on Monito to compare rates in real-time .

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

Yes, the transfer from Spain can be collected in Colombia in various pick-up locations. Sending money to a pick up-location is an excellent option when ex. a beneficiary does not have a bank account. With Azimo you can pick up the money from more than 890 cash-pick up locations in Colombia, including: Banco Davivienda (Formerly Granbanco Bancafe S.A.): there are more than 40 branches located in ex. Bogota, Medellin, Cali or Barranquilla Bancolombia: more than 700 branches in the country (ex. in Armenia, Barranquilla, Bogota, Bucaramanga, Cali, Cucuta, Itagui, Manizales, Medellin, and many more). Financiera Pago: there are more than 600 offices all over Colombia Super GIROS: more than 700 branches in all Colombian provinces and cities With Azimo, the money can be delivered on the same day to any pick-up location in Colombia.

Find the best ways to send money to Colombia from Spain

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

To transfer euros to a bank account in Colombian pesos in Colombia, XE Money Transfer is the provider giving you the most Colombian pesos for your money with zero transfer fees and a very competitive EUR-COP exchange rate (their current exchange rate is 1 EUR = 4,423.31 COP).

You need the money in cash? No problem, we list several money transfer providers able to send Colombian pesos for cash pick-up in Colombia: Remitly is the provider giving you the most Colombian pesos for your money with no transfer fees and a competitive EUR-COP exchange rate (current rate: 1 EUR = 4,334.97 COP).

This recommendation was updated a few minutes ago.

1 EUR = COP Mid-market exchange rate

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Monito's Recommendations for Sending Money from Spain 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 Spain to Colombia:

Best Ways to Send Money from Spain to Colombia

The cheapest: XE Money Transfer and Remitly
The fastest: XE Money Transfer
The best mobile app: Wise
Best cash pick-up network in Colombia: Western Union
The cheapest (transfer to cash pick-up): Remitly
The cheapest (transfer to a mobile wallet): Paysend

Best Rated Providers to Send Money from Spain to Colombia

9.5

9.1

8.8

8.1

7.8

FAQ about money transfers from Spain to Colombia

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

❌Let's start with the most expensive solutions: banks, cash-based money transfer, and e-wallets like Paypal are in general super-expensive options for sending money from Spain to Colombia when you take into consideration all fees (incl. hidden currency exchange rate margin).
✅Thankfully, there are plenty of online money transfer services with transparent & cheap fees and excellent exchange rates. You can compare them all on Monito and find the cheapest way to send money from Spain to Colombia.
What's the best way to send money to Colombia from Spain? 💸
The best way to send money from Spain to Colombia depends on various factors:
- Transfer payment: credit card, bank transfer, cash payment, etc.
- The amount in Euro transferred from Spain to Colombia: the cheapest operator will not necessarily be the same for a transfer of €50 or €2,000
- The duration of the transfer: does the money have to be available immediately, or can a beneficiary wait a few days?
- How the beneficiary will receive the funds: in cash or via a bank deposit
Compare on Monito to compare rates in real-time.
Is it possible to send money online from Spain to a cash pick-up location in Colombia?
Yes, the transfer from Spain can be collected in Colombia in various pick-up locations. Sending money to a pick up-location is an excellent option when ex. a beneficiary does not have a bank account.
With Azimo you can pick up the money from more than 890 cash-pick up locations in Colombia, including:
- Banco Davivienda (Formerly Granbanco Bancafe S.A.): there are more than 40 branches located in ex. Bogota, Medellin, Cali or Barranquilla
- Bancolombia: more than 700 branches in the country (ex. in Armenia, Barranquilla, Bogota, Bucaramanga, Cali, Cucuta, Itagui, Manizales, Medellin, and many more).
- Financiera Pago: there are more than 600 offices all over Colombia
- Super GIROS: more than 700 branches in all Colombian provinces and cities
With Azimo, the money can be delivered on the same day to any pick-up location in Colombia.

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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 Spain

Compare 5 providers for a 250 EUR transfer from Spain to Colombia

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

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Monito's Recommendations for Sending Money from Spain to Colombia

Best Ways to Send Money from Spain to Colombia

Best Rated Providers to Send Money from Spain to Colombia

FAQ about money transfers from Spain to Colombia

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

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Mid-market exchange rate