RateRunnertransfer cost ledger

Corridor USD → COP · US dollar to Colombian peso

What does it cost to send US dollars to Colombia?

On 16 October 2026, the most a recipient in Colombia got for 1,000 USD was 3,149,514 COP via Instarem: a true cost of 8.84 USD (0.88%) including fee and rate markup. The last of 5 quotes cost 2.98%.

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: Instarem transfer service

You send
1,000.00 USD
Upfront fee
0.00 USD
Amount converted
1,000.00 USD
Rate given
3,149.51
Mid-market when quoted
3,177.59
Exchange-rate markup inside the rate
8.84 USD 0.88%
True total cost
8.84 USD 0.88%
Recipient gets
3,149,514 COP

Picking the last quote in this ledger (Xoom) instead would leave the recipient 66,629 COP short.

Snapshot indicative quotes retrieved 16 Oct 2026, 17:02 UTC. Quote collected 16 Oct 2026, 16:21 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. Instaremservice 0.00 USD 0.88% 8.84 USD 0.88% 3,149,514 COP best
2. Remitlyservice 0.00 USD 1.57% 15.74 USD 1.57% 3,127,589 COP −21,925 COP
3. Western Unionservice 1.99 USD 1.70% 18.92 USD 1.89% 3,117,455 COP −32,059 COP
4. Wiseservice 21.40 USD 0.00% 21.40 USD 2.14% 3,109,365 COP −40,149 COP
5. Xoomservice 0.00 USD 2.98% 29.80 USD 2.98% 3,082,885 COP −66,629 COP

Does the cheapest option change with the amount?

Best and worst true cost by amount, USD → COP. Retrieved 16 Oct 2026, 17:02 UTC.
You sendMost to recipientBest costWorst costRecipient gets (best)Gap best vs worstQuotes
200 USD Instarem 0.88% 5.26% 629,903 COP 27,821 COP 5
1,000 USD Instarem 0.88% 2.98% 3,149,514 COP 66,629 COP 5
5,000 USD Instarem 0.88% 2.51% 15,747,569 COP 257,655 COP 5

What the USD → COP numbers show

  • Instarem delivered the most at every snapshot amount (200.00 USD, 1,000.00 USD, 5,000.00 USD).
  • At 200.00 USD, true cost ranged from 0.88% (Instarem) to 5.26% (Wise); the recipient would get 27,821 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 16 Oct 2026, 17:02 UTC. Instarem 0.88% Remitly 1.57% Western Union 1.89% Wise 2.14% Xoom 2.98% 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 16 Oct 2026, 17:02 UTC.

Every quote for 200 USD → COP

Retrieved 16 Oct 2026, 17:02 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Instaremservice 0.00 USD 0.88% 1.77 USD 0.88% 629,903 COP best
2. Remitlyservice 3.99 USD 1.74% 7.41 USD 3.70% 611,983 COP −17,919 COP
3. Western Unionservice 1.99 USD 3.29% 8.51 USD 4.26% 608,471 COP −21,432 COP
4. Xoomservice 0.00 USD 5.08% 10.16 USD 5.08% 603,240 COP −26,663 COP
5. Wiseservice 10.52 USD 0.00% 10.52 USD 5.26% 602,082 COP −27,821 COP

Every quote for 5,000 USD → COP

Retrieved 16 Oct 2026, 17:02 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Instaremservice 0.00 USD 0.88% 44.18 USD 0.88% 15,747,569 COP best
2. Wiseservice 75.86 USD 0.00% 75.86 USD 1.52% 15,646,701 COP −100,868 COP
3. Remitlyservice 0.00 USD 1.52% 76.18 USD 1.52% 15,645,888 COP −101,680 COP
4. Western Unionservice 1.99 USD 1.70% 86.80 USD 1.74% 15,612,139 COP −135,430 COP
5. Xoomservice 0.00 USD 2.51% 125.26 USD 2.51% 15,489,914 COP −257,655 COP

Read next

Questions people ask

Which provider gave the most for 1,000 USD sent to Colombia?
Instarem, with 3,149,514 COP delivered, in the snapshot retrieved 16 Oct 2026, 17:02 UTC. Its upfront fee was 0.00 USD and its rate markup 0.88%.
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 2.98% 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 16 Oct 2026, 17:02 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