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 Spain Colombia 2024, by method
Remittances between Spain and Colombia were noticeably more expensive when using bank account transfers than other payment instruments available. This is according to a ÌÇÐÄÆƽâ°æ estimate that aims to compare the prices charged for sending international money transfers to Colombia, but then specifically sent from Spain.
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World Bank (Remittance Prices Worldwide), & FXC Intelligence, & ÌÇÐÄÆƽâ°æ. (August 17, 2025). Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia as of 1st quarter of 2024, by remittance instrument [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1455145/cost-sending-low-value-remittances-spain-to-colombia-by-brand/
World Bank (Remittance Prices Worldwide), und FXC Intelligence, und ÌÇÐÄÆƽâ°æ. "Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia as of 1st quarter of 2024, by remittance instrument." Chart. August 17, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1455145/cost-sending-low-value-remittances-spain-to-colombia-by-brand/
World Bank (Remittance Prices Worldwide), FXC Intelligence, ÌÇÐÄÆƽâ°æ. (2025). Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia as of 1st quarter of 2024, by remittance instrument. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1455145/cost-sending-low-value-remittances-spain-to-colombia-by-brand/
World Bank (Remittance Prices Worldwide), and FXC Intelligence, and ÌÇÐÄÆƽâ°æ. "Total Average Cost of Sending 200 U.S. Dollars worth of Remittances between Spain and Colombia as of 1st Quarter of 2024, by Remittance Instrument." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 17 Aug 2025, /statistics/1455145/cost-sending-low-value-remittances-spain-to-colombia-by-brand/
World Bank (Remittance Prices Worldwide) & FXC Intelligence & ÌÇÐÄÆƽâ°æ, Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia as of 1st quarter of 2024, by remittance instrument ÌÇÐÄÆƽâ°æ, /statistics/1455145/cost-sending-low-value-remittances-spain-to-colombia-by-brand/ (last visited August 01, 2026)
Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia as of 1st quarter of 2024, by remittance instrument [Graph], World Bank (Remittance Prices Worldwide), & FXC Intelligence, & ÌÇÐÄÆƽâ°æ, August 17, 2025. [Online]. Available: /statistics/1455145/cost-sending-low-value-remittances-spain-to-colombia-by-brand/
