The recipient of your transfer doesn't have a bank account? No problem, we compare several providers able to send Colombian pesos for cash pick-up in Colombia: Remitly is at the moment the most competitive option with zero transfer fees and a very competitive USD-COP conversion rate (currently at 1 USD = 4,716.13 COP). When taking the exchange rate and the fees into account, the total cost of your transfer with Wise is 16.01 USD, compared to that, the total cost of your transfer would be 40.31 USD (which is approximately 3x as much) if you wanted to use Wells Fargo to make the same transaction. If you need the recipient to receive Colombian pesos in her bank account in Colombia, then the most competitive provider at the moment is Wise, with 15.72 USD for the transfer fees and a competitive USD-COP conversion rate (their current exchange rate is 1 USD = 4,840.01 COP). How to send money from the USA to Colombia at the best rate?
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