Receiving country · World Bank RPW · CO
Send money to Colombia
Annual WDI inflows land in the upper fleet tercile ($13.1B) with 2 tracked source corridors into Colombia.
- 5.4%
- Avg inbound cost
- 1.7%
- Cheapest · from Spain
- $13.1B
- Received per year
- 2
- Source corridors
WDI-inflow tercile vs fleet
Colombia pulls in $13.1B a year, upper fleet tercile (above ~$10.1B), ranking #12 of 53 by WDI inflow. Average inbound cost is 5.4%.
- #12 of 53
- WDI inflow corpus rank
- 5.4%
- average inbound cost
- 1.7%
- cheapest source: Spain
- $13.1B
- received annually
Inbound cost bands to Colombia
2 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 2.
HIGH High-fee 5–8% lane · country average 5.4%
Cheapest Ways to Send Money to Colombia
All Corridors to Colombia
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | United States | 5.3% | 2.6% | Go Vianex |
| 2 | Spain | 5.5% | 1.7% | Money Exchange |
Large remittance inflows into Colombia
Colombia pulls in about $13.1B a year (upper inflow tercile, above ~$10.1B) across 2 RPW source corridors at 5.40% average inbound cost.
The three cheapest inbound corridors to Colombia right now are from Spain at 1.69% via Money Exchange, United States at 2.62% via Go Vianex. These are floor prices on a $200 transfer into Colombia, fee plus FX margin.
For senders pointing money toward Colombia, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Colombia inbound data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 5.40%; 2 source corridors tracked to Colombia; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Colombia each year?
Colombia receives about $13.1B a year - upper inflow tercile among WDI-tracked receivers - from 2 RPW source countries at 5.40% average inbound cost.
What is the cheapest way to receive money in Colombia?
On World Bank RPW $200 sends, the cheapest inbound floors into Colombia are from Spain, United States, as low as 1.69%. Country average inbound cost is 5.40%.
How have remittance costs to Colombia changed over time?
RPW has tracked transfer costs to Colombia since 2011. The current average inbound cost is 5.40% versus a ~6.4% global RPW average; UN SDG 10.c targets ≤3% by 2030.
Where does Colombia sit among remittance-receiving countries?
According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Colombia ranks #12 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.