Quarterly cost of sending 200 USD worth of remittances USA Colombia 2023, by method
Remittances between the U.S. and Colombia were noticeably more expensive when using credit cards than other payment instruments available. This is according to a Statista estimate that aims to compare the prices charged for sending international money transfers to Colombia, but then specifically sent from the United States. Remitting from the U.S. towards Colombia incurred an average cost of roughly six percent over the course of 2023. The United States ranked as Colombia's most likely country of origin of remittances during the same year.