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

Compare today's XOF to COP (CFA Franc BCEAO to Colombian Peso) exchange rates

Guinea-Bissau
Colombia
XOF

Interbank Exchange Rate: 1 XOF = 6.5613 COP
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Colombian Peso money transfers

Easily compare money transfer providers in one place to send money from Guinea-Bissau to Colombia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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 Guinea-Bissau.

Were you looking to send money from Colombia to Guinea-Bissau 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 XOF to COP Conversion Rates

Here are some latest XOF to COP (CFA Franc BCEAO to Colombian Peso) exchange rates for popular conversion amounts*.

1 XOF6.56 COP
5 XOF32.81 COP
10 XOF65.61 COP
25 XOF164.03 COP
50 XOF328.07 COP
100 XOF656.13 COP
150 XOF984.20 COP
200 XOF1,312.26 COP
250 XOF1,640.33 COP
300 XOF1,968.39 COP
400 XOF2,624.52 COP
500 XOF3,280.65 COP
600 XOF3,936.78 COP
700 XOF4,592.91 COP
800 XOF5,249.04 COP
1,000 XOF6,561.30 COP
1,500 XOF9,841.95 COP
2,000 XOF13,122.60 COP
2,500 XOF16,403.25 COP
3,000 XOF19,683.90 COP
4,000 XOF26,245.20 COP
5,000 XOF32,806.50 COP
10,000 XOF65,613.00 COP
15,000 XOF98,419.50 COP
20,000 XOF131,226.00 COP
30,000 XOF196,839.00 COP
40,000 XOF262,452.00 COP
50,000 XOF328,065.00 COP
100,000 XOF656,130.00 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 Guinea-Bissau to Colombia money transfers?

Sending money internationally to Colombia from Guinea-Bissau can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to COP remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Colombia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Colombian Peso.


How to get the best exchange rate for sending money from Guinea-Bissau to Colombia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Colombia from Guinea-Bissau.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Colombian Peso remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XOF to COP remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way for transferring money to Colombia from Guinea-Bissau?

When you want to send money to Colombia from Guinea-Bissau, you obviously want the cheapest possible option to maximize the money your recipient gets in Colombian Peso. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your XOF to COP money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Guinea-Bissau to Colombia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Guinea-Bissau to Colombia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Colombian Peso overseas.


Should I use my bank to send money from Guinea-Bissau to Colombia?

Bank transfers have been a traditionally popular way to send money overseas from Guinea-Bissau to Colombia. 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 XOF to COP 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 Guinea-Bissau bank for your Colombia 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 to Colombia from Guinea-Bissau fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guinea-Bissau to Colombia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to COP fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Colombia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Colombian Peso quickly to Colombia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Colombia from Guinea-Bissau?

Guinea-Bissau to Colombia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Colombia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best CFA Franc BCEAO to Colombian Peso money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Colombia from Guinea-Bissau

Follow the below easy steps to send money to Colombia from Guinea-Bissau.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Guinea-Bissau bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Colombia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your XOF to COP remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.