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

Senegal
Colombia
XOF

Interbank Exchange Rate: 1 XOF = 6.5610 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 Senegal 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 Senegal.

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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 XOF328.05 COP
100 XOF656.10 COP
150 XOF984.15 COP
200 XOF1,312.20 COP
250 XOF1,640.25 COP
300 XOF1,968.30 COP
400 XOF2,624.40 COP
500 XOF3,280.50 COP
600 XOF3,936.60 COP
700 XOF4,592.70 COP
800 XOF5,248.80 COP
1,000 XOF6,561.00 COP
1,500 XOF9,841.50 COP
2,000 XOF13,122.00 COP
2,500 XOF16,402.50 COP
3,000 XOF19,683.00 COP
4,000 XOF26,244.00 COP
5,000 XOF32,805.00 COP
10,000 XOF65,610.00 COP
15,000 XOF98,415.00 COP
20,000 XOF131,220.00 COP
30,000 XOF196,830.00 COP
40,000 XOF262,440.00 COP
50,000 XOF328,050.00 COP
100,000 XOF656,100.00 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 Senegal to Colombia money transfers?

There are many good choices when it comes to sending money from Senegal 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 CFA Franc BCEAO to COP money transfers.

We compare different remittance companies to bring you the best options to send money to Colombia from Senegal. 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 CFA Franc BCEAO 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 exchange rate for your money transfers from Senegal to Colombia?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Colombia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Senegal to Colombia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your XOF to Colombian Peso money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

When you want to send money to Colombia from Senegal, 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 Senegal 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 Senegal 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 Senegal to Colombia?

Bank transfers have been a traditionally popular way to send money overseas from Senegal 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 Senegal 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 Senegal fast?

If you need to convert XOF to COP as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Senegal to Colombia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to Colombian Peso funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Colombia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Senegal to Colombia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Colombia from Senegal?

Since the CFA Franc BCEAO 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 Senegal 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 XOF 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 Senegal to Colombia transaction.


Step by step guide to do a money transfer from Senegal to Colombia

There are many important aspects of Senegal to Colombia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Senegal bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include COP bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much CFA Franc BCEAO amount you want to send from Senegal.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Colombia to validate that they get the money once the transaction clears.