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Compare today's SAR to COP (Saudi Riyal to Colombian Peso) exchange rates

Saudi Arabia
Colombia
SAR
Interbank Exchange Rate: 1 SAR = 1,015.0164 COP
Updated about an hour ago

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All you need to know about Saudi Riyal to Colombian Peso money transfers

Easily compare money transfer providers in one place to send money from Saudi Arabia to Colombia. Send money overseas to your loved ones by comparing Saudi Riyal (SAR) 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.

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Latest SAR to COP Conversion Rates

Here are some latest SAR to COP (Saudi Riyal to Colombian Peso) exchange rates for popular conversion amounts*.

1 SAR1,015.02 COP
5 SAR5,075.08 COP
10 SAR10,150.16 COP
25 SAR25,375.41 COP
50 SAR50,750.82 COP
100 SAR101,501.64 COP
150 SAR152,252.46 COP
200 SAR203,003.28 COP
250 SAR253,754.10 COP
300 SAR304,504.92 COP
400 SAR406,006.56 COP
500 SAR507,508.20 COP
600 SAR609,009.84 COP
700 SAR710,511.48 COP
800 SAR812,013.12 COP
1,000 SAR1,015,016.40 COP
1,500 SAR1,522,524.60 COP
2,000 SAR2,030,032.80 COP
2,500 SAR2,537,541.00 COP
3,000 SAR3,045,049.20 COP
4,000 SAR4,060,065.60 COP
5,000 SAR5,075,082.00 COP
10,000 SAR10,150,164.00 COP
15,000 SAR15,225,246.00 COP
20,000 SAR20,300,328.00 COP
30,000 SAR30,450,492.00 COP
40,000 SAR40,600,656.00 COP
50,000 SAR50,750,820.00 COP
100,000 SAR101,501,640.00 COP

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


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

Sending money internationally to Colombia from Saudi Arabia 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 Saudi Riyal 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 rate to transfer money to Colombia from Saudi Arabia?

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 Saudi Arabia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your SAR 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 SAR 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 to send money to Colombia from Saudi Arabia?

When you want to send money to Colombia from Saudi Arabia, 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 SAR 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 Saudi Arabia 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 Saudi Arabia 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 transfer money from Saudi Arabia to Colombia?

Bank transfers have been a traditionally popular way to send money overseas from Saudi Arabia 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 SAR 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 Saudi Arabia 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.


What is the fastest way to transfer money from Saudi Arabia to Colombia?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Saudi Arabia 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 SAR 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 Saudi Riyal 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 Saudi Arabia?

Saudi Arabia 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 Saudi Riyal 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 send money to Colombia from Saudi Arabia

With so many possible ways to transfer Saudi Riyal 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 Saudi Arabia 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 Saudi Arabia 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 SAR to Colombian Peso money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.