Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's BIF to COP (Burundian Franc to Colombian Peso) exchange rates

Burundi
Colombia
BIF

Interbank Exchange Rate: 1 BIF = 1.2364 COP
Updated about an hour ago

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All you need to know about Burundian Franc to Colombian Peso money transfers

Easily compare money transfer providers in one place to send money from Burundi to Colombia. Send money overseas to your loved ones by comparing Burundian Franc (BIF) to Colombian Peso (COP) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Burundi.

Were you looking to send money from Colombia to Burundi instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest BIF to COP Conversion Rates

Here are some latest BIF to COP (Burundian Franc to Colombian Peso) exchange rates for popular conversion amounts*.

1 BIF1.24 COP
5 BIF6.18 COP
10 BIF12.36 COP
25 BIF30.91 COP
50 BIF61.82 COP
100 BIF123.64 COP
150 BIF185.46 COP
200 BIF247.28 COP
250 BIF309.10 COP
300 BIF370.92 COP
400 BIF494.56 COP
500 BIF618.20 COP
600 BIF741.84 COP
700 BIF865.48 COP
800 BIF989.12 COP
1,000 BIF1,236.40 COP
1,500 BIF1,854.60 COP
2,000 BIF2,472.80 COP
2,500 BIF3,091.00 COP
3,000 BIF3,709.20 COP
4,000 BIF4,945.60 COP
5,000 BIF6,182.00 COP
10,000 BIF12,364.00 COP
15,000 BIF18,546.00 COP
20,000 BIF24,728.00 COP
30,000 BIF37,092.00 COP
40,000 BIF49,456.00 COP
50,000 BIF61,820.00 COP
100,000 BIF123,640.00 COP

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Burundi to Colombia money transfers?

There are many good choices when it comes to sending money from Burundi to Colombia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Burundian Franc to COP money transfers.

We compare different remittance companies to bring you the best options to send money to Colombia from Burundi. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Burundian Franc to Colombian Peso money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Burundi to Colombia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Colombia from Burundi. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your BIF to Colombian Peso money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Burundi to Colombia corridor to give you more good choices for your next COP money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Burundi to Colombia?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Burundi to Colombia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Burundian Franc to Colombian Peso remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Burundi to Colombia exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for BIF to COP remittances.


How to send money to Colombia from Burundi through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Burundi to Colombia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like BIF to COP transfers.

Given this, there are umpteen additional options to send money to Colombia instead of just your Burundi bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Burundian Franc even more so that your recipient in Colombia gets the maximum amount.


How to send money to Colombia from Burundi fast?

It could be a stressful experience if you need to rush money quickly from Burundi to Colombia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert BIF to COP. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Colombian Peso. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Burundi to Colombia money transfers.


Which are the best money transfer companies to transfer money to Colombia from Burundi?

Since the Burundian Franc to Colombian Peso money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Burundi that may also be able to send money to Colombia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your BIF to COP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Colombia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Burundi to Colombia transaction.


Step by step guide to send money to Colombia from Burundi

With so many possible ways to transfer Burundian Franc to Colombian Peso, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Burundi to Colombia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Burundi and the receiver in Colombia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your BIF to Colombian Peso money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.