Colombia Forum

Elexpatriado
Joined 2017
Posts: 6456

2 years ago

Remitly

2 years ago

Well KOHO, who I have been using 3 years with satisfaction, kicked me off of their platform without an explanation and kept $400 of my cash

There are no other cards avaial¿ble to Canadians that can replace it for exchange rate, no fees and flexibility for ATM use and purchases, not just in Colombia, but anywhere overseas.

Forget STACK doesnt foot the bill, and forget any of the big six Canadian banks..OK for credit card use if you want to pay the 2,5% markup,but simply impractical, or wont be accepted by Colombian ATMS unless you pay very bad exchange rates and screen charges

FYI Charles Scwab and Capitol ON E etc ARE NOT available to Canadiansunless you have a US Bank Account with a US source of income

So , for this reasonI have been looking at money transfer mechanisms. to get money to Colombia..at least until something better turns up

The best exchange rate I can see is Remitly

I did a search on this site and the information is sketchy

Is it secure?

Is it a good method to transfer money?

Anyones personal experience would be appreciated

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Contribute
Help others in Colombia by answering questions about the challenges and adventures of living in Colombia.