WiseWise
Log inRegister
Hello world
Hallo Welt
Hola mundo
Bonjour le monde
Helló Világ
Ciao mondo
世界とつながろう
Witaj, świecie
Olá, Mundo
Salut lume
Здравствуй, мир
Merhaba Dünya
Halo dunia
你好 世界
Привіт, світ
Log inRegister

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 send COP from both personal and business accounts to personal Bancolombia bank accounts in 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 transfer.

The amount you can send per calendar month/year varies depending on multiple factors. We'll let you know the maximum amount you can send when you set up your transfer.

Are there any restrictions?

You can't send money from a balance to COP. Instead, you must pay for your transfer from an external bank account.

From business accounts, you can't send COP if your business falls under these categories:

  • Gambling, betting, and online gaming

  • Adult content

  • Firearms, weapons, and military goods and services

  • Fine jewellery and watches

  • Fashion jewellery

  • Precious stones, diamonds, and metals

  • Retail or wholesale

  • Financial consulting, accounting, taxation, auditing, or other financial services

  • Investment

  • Holding company

  • Money service

  • Cryptocurrency financial services

  • Insurance

  • Crowdfunding

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

Was this article helpful?

Related articles

  • Guide to BRL transfers
  • Guide to MXN transfers
  • Guide to CLP transfers
  • Guide to EUR transfers
  • Guide to GBP transfers

Company and team

  • Company and team
  • Security
  • Press
  • Careers
  • Service status
  • Investor relations
  • Mission roadmap
  • Affiliates and partnerships
  • Help centre
  • Reviews

Wise Products

  • International money transfer
  • Wise account
  • International debit card
  • Travel money card
  • Large amount transfer
  • Receive money
  • Assets
  • Wise Platform
  • Wise Business
  • Business debit card
  • Mass payments

Resources

  • News and blog
  • Currency converter
  • Swift/BIC codes
  • IBAN codes
  • Rate alerts
  • Compare exchange rates
  • Invoice generator
  • Business Calculators

Follow us


Legal
Privacy policy
Cookie Policy
Country site map
Modern slavery statement

© Wise Payments Limited 2023

Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money.