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Guide to COP transfers

Guide to COP transfers

Here you’ll find answers to the most common questions about Colombian peso (COP) transfers.

You can’t currently send money from COP.

Sending to COP

Who can I send COP to?

You can only send COP to personal Bancolombia bank accounts in Colombia. At the moment we don’t support business transfers to Colombia.

What information do I need about my recipient?

You’ll need their:

  • full name

  • phone number

  • email

  • 11 digit Bancolombia local account number and account type (either current or savings)

  • address

  • ID document type

  • ID document number

How much can I send?

You can send up to 2,900 USD equivalent in COP per transaction.

How long does it usually take for the money to arrive?

Once Wise receives and converts your money, it usually arrives instantly in your recipient’s bank account.

We’ll always give you an estimate for how long your transfer will take when you set it up.

Learn more about how long transfers take

What is Abono Automático and how does it work?

Abono Automático is a free feature that Bancolombia offers to people who want to receive money from abroad.

Your recipient must have Abono Automático turned on to receive money. If you try to send COP to a bank account without it, you’ll get an error message. 

This is how your recipient can turn on Abono Automático:

  1. Open internet banking

  2. Go to the international transfers section

  3. Choose an account and reason for receiving money

Once they’ve done that, it takes 24 hours until they’ll be able to receive money. 

Learn more about Abono Automático

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