RateRunnertransfer cost ledger

Corridor USD → COP · US dollar to Colombian peso

What does it cost to send US dollars to Colombia?

On 15 October 2026, the most a recipient in Colombia got for 1,000 USD was 3,148,719 COP via Remitly: a true cost of 5.55 USD (0.55%) including fee and rate markup. The last of 5 quotes cost 2.93%.

Declaration · Form RR-1

Between 10 and 1,000,000. Snapshot bands: 200 / 1,000 / 5,000; other amounts are fetched live.

Quotes are indicative and come from Wise public comparison data, which lists Wise alongside banks and other services. Ranking is always by what the recipient gets.

Transfer cost receipt · USD → COP

Most to the recipient: Remitly transfer service

You send
1,000.00 USD
Upfront fee
0.00 USD
Amount converted
1,000.00 USD
Rate given
3,148.72
Mid-market when quoted
3,166.28
Exchange-rate markup inside the rate
5.55 USD 0.55%
True total cost
5.55 USD 0.55%
Recipient gets
3,148,719 COP

Picking the last quote in this ledger (Xoom) instead would leave the recipient 75,186 COP short.

Snapshot indicative quotes retrieved 15 Oct 2026, 14:55 UTC. Quote collected 15 Oct 2026, 14:44 UTC. Source: Wise public comparison data.

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Every quote for 1,000 USD → COP

Sorted by what the recipient gets. “True cost” adds the upfront fee to the money lost in the exchange rate versus the mid-market rate at the time each quote was collected.

Provider quotes ranked by amount received
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Remitlyservice 0.00 USD 0.55% 5.55 USD 0.55% 3,148,719 COP best
2. Instaremservice 0.00 USD 0.90% 9.05 USD 0.90% 3,137,640 COP −11,079 COP
3. Western Unionservice 1.99 USD 1.08% 12.79 USD 1.28% 3,125,791 COP −22,928 COP
4. Wiseservice 21.40 USD 0.00% 21.40 USD 2.14% 3,092,709 COP −56,010 COP
5. Xoomservice 0.00 USD 2.93% 29.29 USD 2.93% 3,073,533 COP −75,186 COP

Does the cheapest option change with the amount?

Best and worst true cost by amount, USD → COP. Retrieved 15 Oct 2026, 14:55 UTC.
You sendMost to recipientBest costWorst costRecipient gets (best)Gap best vs worstQuotes
200 USD Instarem 0.90% 5.26% 627,528 COP 28,841 COP 5
1,000 USD Remitly 0.55% 2.93% 3,148,719 COP 75,186 COP 5
5,000 USD Remitly 0.50% 2.45% 15,751,573 COP 308,647 COP 5

What the USD → COP numbers show

  • The provider that delivers the most changes with the amount: Instarem at 200.00 USD, Remitly at 1,000.00 USD, Remitly at 5,000.00 USD. Fixed fees weigh heavily on small transfers; rate margins dominate large ones.
  • At 200.00 USD, true cost ranged from 0.90% (Instarem) to 5.26% (Wise); the recipient would get 28,841 COP less with the last quote than with the first.
  • 3 of 5 quotes at 1,000.00 USD charged no upfront fee but priced in a rate markup above 0.5%, so “no fee” did not mean free.
True cost as a share of 1,000 USD, USD → COP, by provider (lower is better). Retrieved 15 Oct 2026, 14:55 UTC. Remitly 0.55% Instarem 0.90% Western Union 1.28% Wise 2.14% Xoom 2.93% grey = upfront fee · red = exchange-rate markup · share of 1,000 USD
True cost as a share of 1,000 USD, USD → COP, by provider (lower is better). Retrieved 15 Oct 2026, 14:55 UTC.

Every quote for 200 USD → COP

Retrieved 15 Oct 2026, 14:55 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Instaremservice 0.00 USD 0.90% 1.81 USD 0.90% 627,528 COP best
2. Remitlyservice 3.99 USD 0.73% 5.41 USD 2.71% 616,117 COP −11,411 COP
3. Western Unionservice 1.99 USD 2.69% 7.31 USD 3.66% 610,098 COP −17,430 COP
4. Xoomservice 0.00 USD 5.03% 10.06 USD 5.03% 601,410 COP −26,118 COP
5. Wiseservice 10.52 USD 0.00% 10.52 USD 5.26% 598,687 COP −28,841 COP

Every quote for 5,000 USD → COP

Retrieved 15 Oct 2026, 14:55 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Remitlyservice 0.00 USD 0.50% 25.21 USD 0.50% 15,751,573 COP best
2. Instaremservice 0.00 USD 0.90% 45.23 USD 0.90% 15,688,200 COP −63,373 COP
3. Western Unionservice 1.99 USD 1.08% 56.06 USD 1.12% 15,653,885 COP −97,688 COP
4. Wiseservice 75.86 USD 0.00% 75.86 USD 1.52% 15,558,460 COP −193,113 COP
5. Xoomservice 0.00 USD 2.45% 122.69 USD 2.45% 15,442,926 COP −308,647 COP

Read next

Questions people ask

Which provider gave the most for 1,000 USD sent to Colombia?
Remitly, with 3,148,719 COP delivered, in the snapshot retrieved 15 Oct 2026, 14:55 UTC. Its upfront fee was 0.00 USD and its rate markup 0.55%.
How much of the cost of sending USD to COP is hidden in the exchange rate?
For the 5 quotes on 1,000 USD, rate markups ranged from 0.00% to 2.93% of the amount converted. 3 quotes charged no upfront fee but still had a markup above 0.5%.
How current are these USD to COP quotes?
RateRunner retrieved them on 15 Oct 2026, 14:55 UTC. Each provider quote also carries its own collection time, shown in the tables, and quotes older than 24 hours are flagged. They are indicative; the price you are offered at checkout can differ.

Related corridors

Sources