PRODUCT UPDATE6 min read
Colombia
•June 8, 2026
DolarPeso Team
Currency Exchange Specialists
Helping tourists, expats, and families move money to Colombia the smart way
Until now, getting pesos from DolarPeso meant picking them up in cash at a verified partner in Medellín. That is still a great option—but it is no longer the only one.
We now deliver pesos through Bre-B, Colombia’s national instant-payment system. If you (or the person you are sending to) has a Colombian bank account, the pesos can land in seconds. Here is how it works and when to use it.
Bre-B is Colombia’s interoperable instant-payment system, built by the country’s central bank (Banco de la República). It lets people send and receive money between any two Colombian banks or wallets in seconds, 24 hours a day, including weekends and holidays.
Instead of typing account numbers, each person registers a "llave" (key)—a simple alias linked to their account. Your llave can be your phone number, your email, or your ID (cédula). Share the llave, and money finds the right account automatically.
You can also receive by QR: the sender opens their own bank app, scans the code, and confirms. Because Bre-B is interoperable, it does not matter which bank either person uses—the transfer still works.
The flow is the same one you already know, with one new choice at the end. You buy a voucher in dollars (card, USDC stablecoin, Zelle, or PayPal), then pick how you want the pesos: cash pickup at a Medellín partner, or Bre-B straight to a Colombian bank account.
If you choose Bre-B, you just give us the recipient’s llave. Once your payment confirms, we send the pesos to that alias and they arrive in seconds. With a card payment, the whole thing typically takes 5 to 15 minutes end to end.
A quick example at today’s rate: send $100 and your recipient receives about COP 342,000 in their account (around 3,420 COP per dollar). What you see is what they get—our service margin is a transparent 2.0%, taken from the rate, with no hidden markup added on top.
Use Bre-B when the recipient has a Colombian bank account or wallet and wants the money to land directly—no travel, no waiting, no carrying cash. It is ideal for sending pesos to family across Colombia, not just Medellín.
Use cash pickup when the recipient does not have a bank account, or simply prefers cash in hand. They show the voucher code at any verified partner across Medellín—El Poblado, Provenza, Laureles, Envigado, Sabaneta, or Comuna 13—and walk out with pesos.
You do not have to decide forever. You can pick the method that fits each transfer, every time.
Traditional remittance services often advertise "no fees" while quietly building a markup into the exchange rate. That hidden spread is where the real cost hides—and it is usually far more than a visible fee.
DolarPeso works the other way. We start from the real market rate and apply one transparent 2.0% service margin, so you can see exactly what your dollars are worth before you send. No surprise spread, no inflated "zero-fee" rate.
Pair that transparency with Bre-B and you get a same-day transfer at a fair rate, delivered to any Colombian bank—often better value than the big remittance names for the Colombia corridor.
If the recipient does not have a llave yet, it takes a minute. Open the bank app, find the Bre-B (or "llaves") section, and register one—usually a phone number, email, or cédula. Most Colombian banks now support it.
Once the llave is active, share it with us when you choose Bre-B delivery. That is all we need to route the pesos to the right account.
No Colombian bank account? No problem—cash pickup at a Medellín partner is always available, with no account required.
Lock in a transparent rate and have pesos delivered to a Colombian bank in seconds, or pick up cash in Medellín. Your choice.
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