WorldRemit Announces Fee Free Money Transfers in Celebration of Colombian Independence Day

WorldRemit waives transaction fees on transfers to DaviPlata and Bancolombia a la Mano mobile wallets for July

DENVER, USA/BOGOTÁ, COLOMBIA-- July 8, 2021-- WorldRemit, a leading digital cross-border payments company, announced today it is waiving transaction fees for mobile wallet money transfers sent to Colombia through Bancolombia a la Mano and DaviPlata for Colombian Independence Day. Customers from more than 50 countries who send money to the country will be able to do so fee free from July 5th to August 8th, 2021.

With nearly 5 million Colombians living abroad,  many Colombians are opting for convenient, reliable, and fast digital solutions to send money back home, with a notable increase in demand since the onset of the COVID-19 pandemic.

To take advantage of this limited-time offer, beneficiaries will need a Bancolombia a la Mano or DaviPlata mobile wallet account, which can be opened for free. The promotion will be automatically applied at checkout. Terms and conditions apply.

 Consumers have shifted their purchasing habits in Colombia and around the world to prioritize digital options -- “Nearly 90% of in-person transactions globally take place at a contactless-enabled merchant, and nearly all merchant categories saw an increase in contactless transactions as a share of total in-person transactions year-over-year in the first quarter of 2021”. This strong demand is reflected in recent data from the Superintendency of Economy of Colombia which indicates that the Specialized Societies in Deposits and Electronic Payments (SEDPEs), which includes mobile wallets, mobilizednearly 90,000 million dollars in 2020.

Jorge Godínez, Head of Latin America at WorldRemit, said: “Together with our partners Davivienda y Bancolombia, we continuously strive to develop the safest and most advanced technological tools so that our users can take advantage of receiving their money in their electronic wallets quickly, easily and safely. We understand the crucial role that Colombians abroad play in supporting their loved ones back home and want to lend a helping hand in facilitating the process of sending money in time for Colombian Independence Day celebrations.” 

Leaders in the Colombian fintech space, both Bancolombia a la Mano and DaviPlata (by Davivienda) are at the forefront of digital efforts to drive financial inclusion. Both of them have more than 18 million users and Daviplata alone reports disbursing over 40 million dollars in remittances sent via its platform.

To learn more about upcoming promotions and events or WorldRemit, visit the website for additional information. 

Terms and Conditions

The promotion provides a 100% discount on WorldRemit money transfer fees, when sending money from Australia or USA to Colombia through Mobile Money (Bancolombia a la mano and Daviplata). The promotion can be used as many times until 8th August 2021 at 11pm BST.

This promotion must not be abused and cannot be used in conjunction with other offers. We reserve the right to alter, suspend or cancel this promotion at any time. You are liable for any personal tax consequences and compliance with relevant law in relation to this promotion. 

Press Enquiries

About WorldRemit

We are a leading global payments company and, along with Sendwave, part of Zepz, a group powering two global remittance brands. 

We disrupted an industry previously dominated by offline legacy players by taking international money transfers online – making them safer, faster and lower cost. We currently operate in more than 5,000 money transfer corridors worldwide and as part of Zepz, are part of a 1,400 person global workforce.

Sending money with WorldRemit is 100% digital (cashless), increasing convenience and enhancing security. For those receiving money, we offer a wide range of options, including bank transfer, cash pickup, airtime top up and mobile money. 

Backed by Accel, TCV and Leapfrog – WorldRemit’s headquarters are in London, United Kingdom, with regional offices in the United States, Poland, Canada, Australia, Hong Kong, Singapore, Malaysia, the Philippines, South Africa, Somaliland, Uganda, Kenya, Rwanda, Tanzania, Zimbabwe and Belgium.

About Zepz

Zepz Group is the group powering leading global remittance brands: WorldRemit and Sendwave. Since 2021, Zepz Group has been disrupting an industry previously dominated by offline legacy players by reducing the barriers to finance and increasing safety and convenience for users. Every day, Zepz Group and its brands work towards unlocking the prosperity of cross-border communities through finance and technology - driven by the vision of a world that celebrates migrants’ impact on prosperity, at home and abroad.

Zepz Group brands have helped cross-border communities send over $15bn from 50 countries, to recipients in 130 countries in 2022, and operate over 5,000 money transfer corridors worldwide. Zepz Group employs over 1,400 people globally as a remote-first employer, with team members located across six continents.