Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by provider
The differences of remittance fees towards Colombia grew more slim between banks and MTOs as 2023 progressed. This is according to a Statista estimate that aims to compare the prices charged for sending international money transfers to Colombia. Remitting towards Colombia incurred an average cost of roughly 6.1 percent over the course of 2023. Typically, the fees of money transfer organizations - MTOs - such as Western Union were above those from banks. No figures were available on post office fees for remittances towards Colombia.