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

Compare today's SOS to CRC (Somali Shilling to Costa Rican Colon) exchange rates

Somalia
Costa Rica
SOS

Interbank Exchange Rate: 1 SOS = 0.8705 CRC
Updated about 1 hours ago

Found 0 Remittance Service Providers

All you need to know about Somali Shilling to Costa Rican Colon money transfers

Easily compare money transfer providers in one place to send money from Somalia to Costa Rica. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Costa Rican Colon (CRC) 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 Somalia.

Were you looking to send money from Costa Rica to Somalia 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 SOS to CRC Conversion Rates

Here are some latest SOS to CRC (Somali Shilling to Costa Rican Colon) exchange rates for popular conversion amounts*.

1 SOS0.87 CRC
5 SOS4.35 CRC
10 SOS8.71 CRC
25 SOS21.76 CRC
50 SOS43.53 CRC
100 SOS87.05 CRC
150 SOS130.58 CRC
200 SOS174.10 CRC
250 SOS217.63 CRC
300 SOS261.15 CRC
400 SOS348.20 CRC
500 SOS435.25 CRC
600 SOS522.30 CRC
700 SOS609.35 CRC
800 SOS696.40 CRC
1,000 SOS870.50 CRC
1,500 SOS1,305.75 CRC
2,000 SOS1,741.00 CRC
2,500 SOS2,176.25 CRC
3,000 SOS2,611.50 CRC
4,000 SOS3,482.00 CRC
5,000 SOS4,352.50 CRC
10,000 SOS8,705.00 CRC
15,000 SOS13,057.50 CRC
20,000 SOS17,410.00 CRC
30,000 SOS26,115.00 CRC
40,000 SOS34,820.00 CRC
50,000 SOS43,525.00 CRC
100,000 SOS87,050.00 CRC

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


What's the best way to do Somalia to Costa Rica money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Somalia to Costa Rica. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Somali Shilling to CRC.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send SOS to CRC in Costa Rica. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Costa Rica from Somalia. We provide you with maximum choices to send money to Costa Rica by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Costa Rica from Somalia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your SOS to Costa Rican Colon money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Somalia to Costa Rica. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for SOS to CRC remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to Costa Rica from Somalia?

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 Somalia to Costa Rica 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 Somali Shilling to Costa Rican Colon 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 Somalia to Costa Rica 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 SOS to CRC remittances.


Should I use my bank to transfer money from Somalia to Costa Rica?

Bank transfers have been a traditionally popular way to send money overseas from Somalia to Costa Rica. 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 SOS to CRC 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 Somalia bank for your Costa Rica 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 Somalia to Costa Rica fast?

If you need to convert SOS to CRC 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 Somalia to Costa Rica 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 Somali Shilling to Costa Rican Colon 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 Costa Rica.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Somalia to Costa Rica. 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 from Somalia to Costa Rica?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Somalia to Costa Rica, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Somali Shilling to Costa Rican Colon exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your CRC money transfers to Costa Rica. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Costa Rica getting more money for every Somali Shilling you send.


Step by step guide to do a money transfer from Somalia to Costa Rica

There are many important aspects of Somalia to Costa Rica 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 - Somalia 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 CRC 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 Somali Shilling amount you want to send from Somalia.
  • 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 Costa Rica to validate that they get the money once the transaction clears.