13 Jun 2025
With thousands of Colombians living and working across Spain, sending money back home remains a vital part of supporting families, investing in local businesses, and funding education. But international remittances often come with significant costs—hidden fees, poor exchange rates, and outdated systems can eat away at the money you intend to send. That’s why it’s more important than ever for expats, students, and workers to find smarter ways to manage their money.
If you're looking to send money to Colombia from Spain, this guide presents seven practical strategies to help you save money and maximise the value your loved ones receive. And with ACE Money Transfer, you get an affordable, secure, and reliable solution every time.
Making informed choices can lead to big savings over time, especially when it comes to international remittances. The market is full of options, but not all of them offer equal value. Regularly comparing services ensures that you're always getting the best deal when you send money online to Colombia from Spain.
Many people continue using the same service simply because they’ve used it before. However, transfer fees and exchange rates can change frequently across different providers. What was a good deal a month ago may now be a costly choice.
Using online comparison platforms can help you check the latest rates and service charges, making sure you don’t overpay each time you send money.
ACE Money Transfer consistently provides some of the most competitive exchange rates in the market. Unlike traditional banks that offer poor conversion rates and add hidden charges, ACE maintains transparency. Their low transfer fees ensure more of your money reaches your loved ones, making ACE a smart choice for a money transfer from Spain to Colombia.
How and when you send money plays a major role in the total cost of the transfer. Instead of sending smaller amounts every week, planning larger transactions less often can help you cut down on fees.
Most money transfer services charge either a fixed fee, a percentage of the amount sent, or a combination of both. When you send small amounts frequently, these fees add up quickly. For example, sending €50 four times a month may cost more in total fees than sending €200 once. By bundling your funds into fewer transactions, you pay fewer fees overall, leaving more in your recipient’s hands.
ACE Money Transfer offers helpful scheduling features that make planning and consolidating transfers easy. You can set reminders, schedule transfers ahead of time, or automate your monthly remittance. This helps you avoid last-minute charges and ensures that your support reaches your family in a timely and cost-effective manner.
While bank transfers may seem like the most familiar option, they’re usually the most expensive and slowest way to send money internationally.
Banks often charge hidden intermediary fees that aren’t disclosed upfront. Additionally, their exchange rates are usually less favorable compared to digital platforms. These hidden costs can significantly reduce the final amount received in Colombia, making traditional transfers an inefficient choice for regular support.
ACE offers a far better alternative for online money transfer from Spain to Colombia. With fast processing times, secure platforms, and clear fee structures, you always know exactly how much you’re paying and how much will be delivered. There are no surprise deductions—just a transparent, user-friendly process.
The foreign exchange market fluctuates daily, and even small changes in exchange rates can significantly affect how much your recipient receives in Colombian Pesos.
Exchange rates change throughout the day based on global economic factors. Sending money when the rates are more favourable can result in your recipient getting more value for the same amount. For example, sending €500 during a peak exchange rate might provide 20,000 COP more than sending it during a low period. Staying informed helps you decide when to make your move.
ACE Money Transfer offers real-time exchange rate updates and alerts through its app and website. You can set notifications for desired rates and get updated instantly. This feature helps you send money at the most advantageous time, putting more cash in your recipient’s pocket.
The way your recipient collects the money also affects the total cost. Different payout methods come with different fees, processing times, and convenience levels.
Bank deposits are typically convenient but can sometimes take longer. Cash pickups may incur additional fees, while digital wallet transfers offer speed but might be limited by access. Choosing the right payout method based on your recipient’s needs and accessibility can help reduce unnecessary costs.
With ACE, you get flexible delivery methods including direct bank deposits, cash pickups, and mobile wallets—all at competitive rates. Many payout options are available with no extra charges, and ACE’s vast network of local partners and banks in Colombia ensures a smooth and speedy experience for your recipient.
Many digital remittance services offer special deals, especially for new users and loyal customers. Keeping an eye on such promotions can lead to significant savings.
ACE regularly introduces attractive welcome offers like zero fees on your first transaction or added bonuses. If you’re just starting to send money to Colombia from Spain, taking advantage of these deals can help you save right from the beginning.
ACE offers seasonal discounts, referral rewards, and ongoing promotions throughout the year. You can sign up for email alerts or enable notifications through the app to never miss a chance to save. These small rewards and discounts can add up significantly over time.
Smart budgeting not only helps you manage your expenses but also reduces how often you need to send money—saving you money on fees.
Encouraging your family in Colombia to plan their expenses monthly can help cut down on urgent transfer requests. When both sender and receiver are aligned on budgeting, the need for frequent small transactions decreases, which in turn saves on cumulative fees.
ACE makes it easier to manage regular support with its recurring transfer feature. You can automate weekly or monthly payments, ensuring timely support for your loved ones without having to repeat the process each time. It’s a win-win for both the sender and the receiver.
Saving money on international transfers doesn’t require major sacrifices—just smarter choices. By comparing providers, sending larger amounts less often, choosing digital platforms, and timing your transfers wisely, you can significantly reduce the cost of sending money to Colombia. Whether you're a student, an expat, or a worker abroad, these strategies help ensure your hard-earned money goes further. ACE Money Transfer brings all these cost-saving features into one seamless platform, making your money transfer from Spain to Colombia secure, efficient, and budget-friendly. Don’t just send—send smart. Compare your options and try ACE today.
Digital remittance platforms like ACE Money Transfer usually provide lower fees and better exchange rates compared to traditional banking services.
Transfers with ACE are typically completed within minutes to same day, depending on the selected payout method.
No, ACE is fully transparent with its fee structure. You’ll see all applicable charges clearly before confirming any transaction.
Yes, ACE offers real-time tracking on both its website and mobile app, allowing you to monitor your transfer every step of the way.
Absolutely. ACE complies with international financial regulations and uses advanced encryption to ensure your transfer is always secure.
