This guide explains how to send and receive Colombian Pesos (COP) using KAST. You’ll learn how COP pay-ins and payouts work, the steps to complete a transaction in the KAST app, and answers to common questions about sending and receiving COP.
What Is COP Pay-In and Payout on KAST?
COP pay-in and payout allows you to send and receive Colombian Pesos through the KAST app. This feature connects local currency transfers with KAST’s on-chain infrastructure, making it easier to move funds between crypto and traditional banking systems.
With COP support, you can:
- Receive COP payments from individuals or businesses
- Send COP payouts to recipients in Colombia
- Move funds between crypto or USD and local currency
- Facilitate cross-border payments and payroll
How Do I Receive COP With KAST?
You can receive COP into your KAST account through a COP pay-in.
Steps to Receive COP
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1. Open the KAST app. 2. Tap Receive. |
| 3. Select COP Bank Transfer. | |
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4. On the receive screen, copy your Bre-B key or share the QR code with the sender. |
| 5. If you want to receive COP through a payment link instead, tap Receive via payment link. | |
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6. Enter the amount you want to receive. 7. Fill in the sender’s details. 8. Click Confirm. |
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9. Share the payment link with the sender. Note: The sender's name must exactly match the full name you entered. 10. Once the sender completes the transfer, the funds will appear in your KAST account. |
How Do I Send COP With KAST?
You can send Colombian Pesos to a recipient using COP payout. Two transfer options are available, depending on the speed and amount you need.
Bre-B (Instant Transfers)
Bre-B is the faster option. It processes transfers almost instantly, so you receive funds right away.
- Best for faster payments
- Typically used for smaller amounts
- Limit: up to 11,500,000 COP per transfer
ACH (Bank Transfers)
ACH works more like a traditional bank transfer. It’s not instant, but it’s still relatively quick.
- Processed within the same day
- Timing depends on bank processing cycles
- Suitable for larger or less urgent transfers
Steps to Send COP
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1. Open the KAST app. 2. Tap Pay. |
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3. Click COP payout 4. Or click Local currency payout and select COP (Colombian Peso) as the payout currency. |
| 5. Enter the amount you want to send. | |
| 6. Select ACH and enter the recipient’s account details. | |
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7. Or select BRE-B and enter the recipient’s BRE-B key. You can also scan the recipient’s BRE-B QR code. |
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8. Review the fees and transaction summary. 9. Tap Confirm to complete the payout. |
What Fees Apply To COP Transfers?
All applicable fees are shown before you confirm a transaction inside the app.
COP Fee Breakdown
| Transaction Type | Fee |
|---|---|
| COP Pay-In | 1% FX fee |
| COP Payout | 1% FX fee |
What Are The Limits And Processing Times For COP?
Who Can Use COP Pay-In and Payout?
| Action | Who can use |
|---|---|
| Receive COP | Colombian residents / citizens only |
| Send COP | All KAST users |
Processing Time
COP transfers can be instant or same-day, depending on the payment method used.
- Bre-B (instant rail): Transfers are processed near-instantly (24/7).
- ACH (bank transfer): Transfers are processed the same day, but not instantly.
Once the transfer is completed, your balance updates in the KAST app.
Transaction Limits
- Minimum transaction amount: 5,000 COP
- Maximum limit: No maximum limit
As long as you meet the minimum requirement, you can send or receive any amount.
Frequently Asked Questions
Can I Send COP to Someone Without a KAST Account?
Yes. Depending on the payout method available in the app, you may be able to send COP directly to a recipient’s bank account.
How Long Do COP Transfers Take?
COP pay-ins and payouts are processed instantly. Funds are processed in real time (24/7) and your balance updates immediately in the KAST app once the transaction is completed.
Are There Fees for Sending or Receiving COP?
Yes. COP pay-ins and payouts have a 1% FX fee, and no fixed transaction fee is charged to customers. The exact fee is shown before you confirm the transfer in the app.
Can I Convert Crypto to COP With KAST?
Yes. If the feature is enabled for your account, you can convert supported cryptocurrencies into Colombian Pesos for payout.
Why Is My COP Transfer Delayed?
Delays can sometimes occur due to banking processing issues, network congestion, or additional verification checks. If your transfer takes longer than expected, contact KAST support.