Figures are based on the number of remittance channels that exist in a remittance sending and/or receiving country, due to limited information on remittance transactions - be it the value or the number of transactions; From Q3 2024 onwards, the source removed Small World from its tracking - as this company entered administration in July 2024.
Supplementary notes
The figures have been collected and calculated by ÌÇÐÄÆƽâ°æ.
The source did not provide figures from before 2011.
Citation formats
Quarterly cost of sending 200 USD worth of remittances to Colombia 2024, by method
In the first quarter of 2024, the remittance fees for bank account transfers to Colombia were **** percentage points lower than those for credit cards. This is according to a ÌÇÐÄÆƽâ°æ estimate that aims to compare the prices charged for sending international money transfers to Colombia.
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FXC Intelligence, & World Bank (Remittance Prices Worldwide), & ÌÇÐÄÆƽâ°æ. (August 17, 2025). Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia as of 1st quarter of 2024, by remittance instrument [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1455079/cost-sending-low-value-remittances-to-colombia-by-brand/
FXC Intelligence, und World Bank (Remittance Prices Worldwide), und ÌÇÐÄÆƽâ°æ. "Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia as of 1st quarter of 2024, by remittance instrument." Chart. August 17, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1455079/cost-sending-low-value-remittances-to-colombia-by-brand/
FXC Intelligence, World Bank (Remittance Prices Worldwide), ÌÇÐÄÆƽâ°æ. (2025). Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia as of 1st quarter of 2024, by remittance instrument. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1455079/cost-sending-low-value-remittances-to-colombia-by-brand/
FXC Intelligence, and World Bank (Remittance Prices Worldwide), and ÌÇÐÄÆƽâ°æ. "Total Average Cost of Sending 200 U.S. Dollars worth of Remittances towards Colombia as of 1st Quarter of 2024, by Remittance Instrument." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 17 Aug 2025, /statistics/1455079/cost-sending-low-value-remittances-to-colombia-by-brand/
FXC Intelligence & World Bank (Remittance Prices Worldwide) & ÌÇÐÄÆƽâ°æ, Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia as of 1st quarter of 2024, by remittance instrument ÌÇÐÄÆƽâ°æ, /statistics/1455079/cost-sending-low-value-remittances-to-colombia-by-brand/ (last visited July 31, 2026)
Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia as of 1st quarter of 2024, by remittance instrument [Graph], FXC Intelligence, & World Bank (Remittance Prices Worldwide), & ÌÇÐÄÆƽâ°æ, August 17, 2025. [Online]. Available: /statistics/1455079/cost-sending-low-value-remittances-to-colombia-by-brand/
