Best way to send money to Colombia from Canada

Start a Canada-to-Colombia transfer by comparing the pesos delivered to a Colombian bank account. Then check Nequi, Daviplata or cash pickup if those methods fit the recipient better. Colombia’s wallet remittance products use specific partner networks, registration steps and monthly limits, so a wallet option should be judged on its own final quote rather than assumed from the bank table.

Route
CAD → COP
Guide reviewed
August 11, 2026

Daily bank-transfer estimates

Who delivers the most today?

Enter the amount and recipient country. Canooq ranks the returned providers by the estimated amount deposited.

Sending Canadian dollars from Canada to Colombia in COP.

Sending from
CAD Canada
Recipient country
COP Colombia
CAD
Compare another destination

Collected on Aug 21, 6:10 a.m. UTC

  1. 1

    Instarem

    Rate
    1 CAD = 2,207.6706 COP
    Fee
    $0.00
    Delivery
    Not provided
    Recipient gets
    $2,207,670.62
  2. 2

    Remitly

    Rate
    1 CAD = 2,205.7289 COP
    Fee
    $1.49
    Delivery
    Not provided
    Recipient gets
    $2,202,442.39
  3. 3

    Wise

    Rate
    1 CAD = 2,226.8200 COP
    Fee
    $18.19
    Delivery
    About 3 days
    Recipient gets
    $2,186,314.14
  4. 4

    BMO

    Older estimate

    Rate
    1 CAD = 2,169.2346 COP
    Fee
    $0.00
    Delivery
    Not provided
    Recipient gets
    $2,169,234.56
  5. 5

    Xoom

    Rate
    1 CAD = 2,157.7596 COP
    Fee
    $0.00
    Delivery
    Not provided
    Recipient gets
    $2,157,759.62

Updated daily by Canooq using Wise comparison data.

Canooq may earn a commission from Wise, Remitly, or Instarem links. This does not affect the ranking.

How Canooq calculates the winner

The winner is the fresh estimate with the highest bank-deposit amount after the displayed fee and exchange-rate markup. It is not a judgment about speed or the best provider for every person.

These are bank-funded, bank-deposit estimates. Public prices may include introductory offers. Card funding, cash pickup, mobile-wallet delivery and the final signed-in quote can differ.

Wise owns the comparison source and does not include every provider. Read the Wise comparison methodology.

Best price starting point
COP bank deposit
Wallet choices
Nequi and Daviplata, when supported
Alternative access
Cash pickup networks

Nequi and Daviplata are real remittance routes, not generic phone numbers

Nequi accepts international remittances through named partner remittance companies and uses the recipient’s registered mobile number. Its current process lets a customer receive a limited number of transfers before completing additional profile information, and published remittance limits differ by account type. The sender must choose a partner that actually supports Nequi rather than sending an ordinary international bank transfer to a phone number.

Daviplata availability is also provider-specific. For either wallet, confirm the recipient has an active, verified product and has completed any remittance enrolment. Bank deposit remains the better baseline when the recipient has a Bancolombia, Davivienda or other supported account and does not need wallet access.

Cash pickup can beat a bank transfer on convenience

Colombia’s cash networks serve recipients who do not use a bank or wallet, and they can be convenient in cities and regional centres. Compare the exact COP available for collection and confirm the named location’s hours and payout limit. The recipient’s ID must match the transfer record; accents, compound surnames and document type deserve a careful check.

For recurring support, moving to a verified account or wallet can remove travel and make later transfers easier. For an emergency, cash can still be the strongest practical route even when the exchange rate is not first in the bank-deposit ranking.

Registration, exchange declarations and delivery timing

Wallets and banks can request occupation, address and the reason for receiving money from abroad. Nequi, for example, uses exchange-purpose information for remittances and asks users to complete additional profile data. The recipient should answer accurately in the official app instead of sharing credentials with the sender.

A wallet or local bank credit can be quick after release, while Canadian funding, provider review, Colombian holidays and cash-agent hours affect the full journey. For a home purchase, university or business invoice, use the beneficiary and exchange instructions issued by the institution rather than a convenient personal wallet.

Questions about sending money to Colombia

Can I send money from Canada to Nequi?

Yes, through a remittance provider listed or supported by Nequi for the route. Use the recipient’s registered mobile number and ensure they have completed the required remittance profile steps.

How much can a recipient receive in Nequi?

Nequi publishes different remittance limits for a low-value deposit and a savings account, with per-movement rules. Check the current official Nequi page and the provider quote before sending because limits can change.

What details are needed for a Colombian bank deposit?

Prepare the legal name, Colombian ID type and number, bank, account number and whether it is savings or checking. Some providers also ask for address, phone, relationship and purpose.

Is cash pickup better than Daviplata?

Cash helps someone without an active wallet and gives notes directly, while Daviplata can remove travel when supported. Compare access, ID requirements, limits, rate and final COP for the recipient’s situation.

Research and methodology

Thomas Tremblay reviewed this guide on August 11, 2026 using the destination’s payment authorities and first-party financial services. Daily bank-deposit prices come from Wise comparison data and remain independent of Canooq’s Wise and Remitly referral links.

About the author