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

Compare today's COP to ISK (Colombian Peso to Icelandic Krona) exchange rates

Colombia
Iceland
COP

Interbank Exchange Rate: 1 COP = 0.0337 ISK
Updated about an hour ago

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All you need to know about Colombian Peso to Icelandic Krona money transfers

Easily compare money transfer providers in one place to send money from Colombia to Iceland. Send money overseas to your loved ones by comparing Colombian Peso (COP) to Icelandic Krona (ISK) 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 ISK Conversion Rates

Here are some latest COP to ISK (Colombian Peso to Icelandic Krona) exchange rates for popular conversion amounts*.

1 COP0.03 ISK
5 COP0.17 ISK
10 COP0.34 ISK
25 COP0.84 ISK
50 COP1.69 ISK
100 COP3.37 ISK
150 COP5.06 ISK
200 COP6.74 ISK
250 COP8.43 ISK
300 COP10.11 ISK
400 COP13.48 ISK
500 COP16.85 ISK
600 COP20.22 ISK
700 COP23.59 ISK
800 COP26.96 ISK
1,000 COP33.70 ISK
1,500 COP50.55 ISK
2,000 COP67.40 ISK
2,500 COP84.25 ISK
3,000 COP101.10 ISK
4,000 COP134.80 ISK
5,000 COP168.50 ISK
10,000 COP337.00 ISK
15,000 COP505.50 ISK
20,000 COP674.00 ISK
30,000 COP1,011.00 ISK
40,000 COP1,348.00 ISK
50,000 COP1,685.00 ISK
100,000 COP3,370.00 ISK

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


What's the best way to transfer money from Colombia to Iceland?

It can be very confusing when sending money from Colombia to Iceland given so many choices. Additionally, Colombian Peso to ISK exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Colombia to Iceland as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Iceland from Colombia. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Colombian Peso to Icelandic Krona remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Iceland 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 Icelandic Krona 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 Iceland corridor to give you more good choices for your next ISK money transfer. This way you do not miss out on additional options to potentially save more.


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

Finding the cheapest way to send money from Colombia to Iceland might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer COP to ISK via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Colombia to Iceland exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

Bank transfers have been a traditionally popular way to send money overseas from Colombia to Iceland. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the COP to ISK exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Colombia bank for your Iceland money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Colombia to Iceland fast?

It could be a stressful experience if you need to rush money quickly from Colombia to Iceland. 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 COP to ISK. 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 Icelandic Krona. 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 Colombia to Iceland money transfers.


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

The first step in selecting the best money transfer operators for Colombia to Iceland remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Colombian Peso to Icelandic Krona money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Iceland.


Step by step guide to send money to Iceland from Colombia

The first step to send money to Iceland from Colombia is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your COP to ISK overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Iceland if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Colombia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Iceland!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Colombia to Iceland.