Last updated on July 26th, 2023 at 01:42 pm
Nowadays, when you want to send money to Colombia, many companies promise user-friendly services and great rates. But is this really true? Many times, when you take a closer look, you’ll find hidden fees, long waits, and difficult to reach pickup locations.
Also, some companies don’t give you the option to have your recipient pick up money in cash at all. You can only send it directly to a bank through a direct deposit. This doesn’t help the 35% of unbanked Colombians who have no access to formal financial services in Colombia, according to the Inter-American Development Bank.
Remitly is different. We’re constantly working to make the experience fast and affordable for both you and your loved ones. Sending money to Colombia with Remitly has never been easier.
Why use Remitly to send money to Colombia?
Remitly is an easier way to send money to Colombia since you can do it at any time, and any place, from your phone or computer. We offer excellent Colombian Peso (COP) exchange rates so your loved ones get more money. And you can send the money directly to a bank account or to one of our thousands of cash pickup locations in Colombia. To name just a few, you’ll find: BBVA, Grupo Éxito, and Davivienda. You can see a full list of all our options in Colombia here.
When you use Remitly for the first time to send money to Colombia, you will receive a special USD to COP exchange rate so more pesos per dollar make it to your loved ones. See today’s rate here. For more details, visit our page about sending money to Colombia.
Sounds great, now how do I send?
- You can download our app in the App store for iOS, on Google Play, or go to Remitly.com and create an account using your email address.
- Choose how fast you want your money to arrive and select your pickup location, or if you want to send money directly to a bank account.
- Enter the amount of money you wish to send and enter your recipient’s information.
- Push the SEND button!
Sending money to Colombia with Remitly really is that simple. Forget about high fees or long waits for your family members.