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TapTap Send
Rate 2740.1350 · Fee free
You send
C$1,000
Recipient gets
COL$2,740,135
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Canada to Colombia in May 2026 is TapTap Send, which delivers 2,740,135.04 COP on a 1,000 CAD transfer with a fee of zero.
Last reviewed: by Awais Imran, Reviews Editor
Based on 7 days of data (2026-05-14 to 2026-05-20)
Sending C$1,000 from Canada to Colombia. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
TapTap SendBest value
2740.1350
Free
COL$2,740,135.04
Compare the cheapest ways to send money from Canada to Colombia. We compare fees, exchange rates, and transfer speeds from 15+ providers so you get the most COP for your C$.
Whether you're supporting family in Colombia or paying for business services, finding the cheapest way to send money from Canada matters. Exchange rate markups and transfer fees add up — especially on regular transfers. Our real-time comparison helps you cut costs by showing the exact amount your recipient gets from each provider.

Exchange rate
2740.1350
Fee
Free
Recipient gets
COL$2,740,135.04
Speed
Under 3 minutes (95% of transfers)
Different providers excel at different things. Here's who's best for each use case on the Canada to Colombia route.
Cheapest transfer
TapTap Send
Delivers the most COP for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Bank transfer
TapTap Send
Best rate for bank deposit to Colombia
Sending money to Colombia is straightforward with the right provider. Here's how it works in 3 simple steps.
Choose how much CAD you want to send, compare providers above, and pick the one offering the best COP amount for your transfer to Colombia.
Enter your recipient's details in Colombia — you'll need their bank account number. Most providers verify details instantly.
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit typically takes 1–2 business days.
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full legal name as registered with their bank
Bank account number
Colombian bank account number (savings or checking)
Bank name
Name of the receiving bank (e.g. Bancolombia, Banco de Bogotá, Davivienda)
Cédula number
Recipient's Colombian identification number (Cédula de Ciudadanía)
Account type
Savings account (Ahorros) or checking account (Corriente)
Note: Colombia requires the recipient's Cédula (national ID number) for all incoming transfers. You also need to specify whether it's a savings (Ahorros) or checking (Corriente) account.
See how much your recipient would get for common transfer amounts.
TapTap Send
2740.14 · Under 3 minutes (95% of transfers)
TapTap Send
2740.14 · Under 3 minutes (95% of transfers)
TapTap Send
2740.14 · Under 3 minutes (95% of transfers)
Transfer fees from Canada to Colombia vary by provider. Specialist services charge C$0–10 per transfer, while banks charge C$25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total COP your recipient receives, not just the advertised fee.
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically C$0–C$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (2758.6178).
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Nequi and Daviplata mobile wallets are growing rapidly in Colombia and offer instant receipt of funds. Cash pickup through Efecty has excellent coverage even in smaller towns.
Speed: Minutes to hours
Fast and convenient — small card processing fee applies
Speed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Speed: Minutes to hours
Convenient mobile payment — linked card fees apply
Speed: Minutes to hours
Convenient mobile payment — linked card fees apply
Your recipient in Colombia can receive money through these delivery methods. The best option depends on their location and preferences.
Transfer to Colombian bank accounts via the ACH Colombia system.
Collect cash from Efecty points, bank branches, and agent locations across Colombia.
Transfer to Nequi digital wallet — Colombia's popular fintech payment app.
Transfer to Daviplata mobile wallet by Davivienda bank.
Important rules and requirements to know before sending money to Colombia.
Regulatory body
Banco de la República / Superintendencia Financiera de Colombia
Inbound transfer limits
No restriction on receiving remittances, but transfers must be reported to the central bank
Documentation you may need
Most transfers from Canada to Colombia arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Colombia for a small premium.
These are the most commonly used banks for receiving international transfers in Colombia.
Bancolombia
COLOCOBMXXX
Banco de Bogotá
BBOGCOBMXXX
Davivienda
DAVICOBMXXX
Banco de Occidente
BOCCOBBBXXX
BBVA Colombia
BBVACOBMXXX
Daily best exchange rates from top providers over the last 7 days. Rates shown are for sending $100.
| Date | TapTap Send | __mid Market__ |
|---|---|---|
| Trend | ||
| May 20 | 2740.0000✓ | 2740.0000✓ |
| May 19 | 2750.0000✓ | 2750.0000✓ |
| May 18 | 2750.0000✓ | 2750.0000✓ |
| May 17 | 2750.0000✓ | 2750.0000✓ |
| May 16 | 2750.0000✓ | 2750.0000✓ |
| May 15 | 2750.0000✓ | 2750.0000✓ |
| May 14 | 2750.0000✓ | 2750.0000✓ |
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
Most specialist providers deliver to Colombia within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much COP your recipient would receive from a C$1,000 transfer today.
Yes, all the providers we compare support online transfers from Canada to Colombia. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Money transfer services are almost always cheaper. Banks typically charge C$25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge C$0–10 with markups under 1%, saving you significantly on every transfer to Colombia.
Everything about sending money to Colombia
Recipient requirements, delivery methods, regulations, popular banks, and more.
Enter your exact amount to see personalised quotes from every provider on this route.
Compare providers now