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

Compare today's SOS to CUP (Somali Shilling to Cuban Peso) exchange rates

Somalia
Cuba
SOS

Interbank Exchange Rate: 1 SOS = 0.0454 CUP
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Somali Shilling to Cuban Peso money transfers

Easily compare money transfer providers in one place to send money from Somalia to Cuba. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Cuban Peso (CUP) 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 Cuba 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 CUP Conversion Rates

Here are some latest SOS to CUP (Somali Shilling to Cuban Peso) exchange rates for popular conversion amounts*.

1 SOS0.05 CUP
5 SOS0.23 CUP
10 SOS0.45 CUP
25 SOS1.14 CUP
50 SOS2.27 CUP
100 SOS4.54 CUP
150 SOS6.81 CUP
200 SOS9.08 CUP
250 SOS11.35 CUP
300 SOS13.62 CUP
400 SOS18.16 CUP
500 SOS22.70 CUP
600 SOS27.24 CUP
700 SOS31.78 CUP
800 SOS36.32 CUP
1,000 SOS45.40 CUP
1,500 SOS68.10 CUP
2,000 SOS90.80 CUP
2,500 SOS113.50 CUP
3,000 SOS136.20 CUP
4,000 SOS181.60 CUP
5,000 SOS227.00 CUP
10,000 SOS454.00 CUP
15,000 SOS681.00 CUP
20,000 SOS908.00 CUP
30,000 SOS1,362.00 CUP
40,000 SOS1,816.00 CUP
50,000 SOS2,270.00 CUP
100,000 SOS4,540.00 CUP

*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 Somalia to Cuba?

There are many good choices when it comes to sending money from Somalia to Cuba. 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 Somali Shilling to CUP money transfers.

We compare different remittance companies to bring you the best options to send money to Cuba from Somalia. 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 Somali Shilling to Cuban 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 sending money from Somalia to Cuba?

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 Cuba.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Somalia to Cuba 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 SOS to Cuban 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 to Cuba 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 Cuba 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 Cuban Peso 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 Cuba 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 CUP remittances.


How to send money from Somalia to Cuba through a bank?

We do not recommend using your local bank in Somalia for your next SOS to CUP overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Somalia to Cuba (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending CUP to Cuba. These companies will let you use your local bank account in Somalia to pay for your Cuba money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Somalia to Cuba fast?

If you need to convert SOS to CUP 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 Cuba 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 Cuban 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 Cuba.

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

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 Cuba, 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 Cuban Peso 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 CUP money transfers to Cuba. 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 Cuba getting more money for every Somali Shilling you send.


Step by step guide to transfer money to Cuba from Somalia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Somalia to Cuba, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Somalia to Cuba that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Cuba where they can receive monies in Cuban Peso.
  • Then, provide details of your Somalia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your SOS travel to another part of the globe.