Quarterly cost of 200 USD worth of remittances U.S. to Colombia 2023, by provider
Banks had slightly higher remittance fees in the U.S. to Colombia remittance corridor than MTOs, as of 2023. This is according to a Statista estimate that aims to compare the prices charged for sending international money transfers to Colombia but specifically sent from the United States. Remittances between the United States and Colombia incurred an average cost of roughly six percent over the course of 2023. Since 2022, the fees of banks were above those from money transfer organizations - MTOs - such as Western Union. No figures were available on post office fees for remittances towards Colombia.