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

Compare today's COP to BMD (Colombian Peso to Bermudian Dollar) exchange rates

Colombia
Bermuda
COP

Interbank Exchange Rate: 1 COP = 0.0003 BMD
Updated about an hour ago

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All you need to know about Colombian Peso to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from Colombia to Bermuda. Send money overseas to your loved ones by comparing Colombian Peso (COP) to Bermudian Dollar (BMD) 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 Colombia.

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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 COP to BMD Conversion Rates

Here are some latest COP to BMD (Colombian Peso to Bermudian Dollar) exchange rates for popular conversion amounts*.

1 COP0.00 BMD
5 COP0.00 BMD
10 COP0.00 BMD
25 COP0.01 BMD
50 COP0.02 BMD
100 COP0.03 BMD
150 COP0.05 BMD
200 COP0.06 BMD
250 COP0.08 BMD
300 COP0.09 BMD
400 COP0.12 BMD
500 COP0.15 BMD
600 COP0.18 BMD
700 COP0.21 BMD
800 COP0.24 BMD
1,000 COP0.30 BMD
1,500 COP0.45 BMD
2,000 COP0.60 BMD
2,500 COP0.75 BMD
3,000 COP0.90 BMD
4,000 COP1.20 BMD
5,000 COP1.50 BMD
10,000 COP3.00 BMD
15,000 COP4.50 BMD
20,000 COP6.00 BMD
30,000 COP9.00 BMD
40,000 COP12.00 BMD
50,000 COP15.00 BMD
100,000 COP30.00 BMD

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


What's the best way to send money to Bermuda from Colombia?

There are many good choices when it comes to sending money from Colombia to Bermuda. 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 Colombian Peso to BMD money transfers.

We compare different remittance companies to bring you the best options to send money to Bermuda from Colombia. 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 Colombian Peso to Bermudian Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Colombia to Bermuda?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Bermuda from Colombia. 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 COP to Bermudian Dollar 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 Colombia to Bermuda corridor to give you more good choices for your next BMD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Colombia to Bermuda?

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 Colombia to Bermuda 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 Colombian Peso to Bermudian Dollar 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 Colombia to Bermuda 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 COP to BMD remittances.


Should I use my bank to send money from Colombia to Bermuda?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low COP to BMD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Colombia to Bermuda money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Bermuda from Colombia. They do this by letting you fund your transaction through your local bank account in Colombia, and by allowing you to choose the payout to be your recipient's bank account in Bermuda. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Colombia to Bermuda?

The speed of your Colombian Peso to Bermudian Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert COP to BMD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Bermuda from Colombia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Bermuda if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout BMD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Colombia bank to Bermuda bank transfer.


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

Since the Colombian Peso to Bermudian Dollar 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 Colombia that may also be able to send money to Bermuda. 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 COP to BMD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Bermuda gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Colombia to Bermuda transaction.


Step by step guide to send money from Colombia to Bermuda

With so many possible ways to transfer Colombian Peso to Bermudian Dollar, 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 Colombia to Bermuda 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 Colombia and the receiver in Bermuda. 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 COP to Bermudian Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.