Banking: What is the “cuatro por mil”?

24 years ago, the Colombian government started a tax on bank accounts that was supposed to end in a year’s time, and it’s expected to continue indefinitely. Withdraw cash or pay bills or withdraw money in any fashion from your Colombian bank […]

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Exchange Rates

Exchange rates on major currencies against the Colombian Peso (COP). This will be updated from time to time. USD = 4607 COP CAD = 3429 COP EUR = 5023 COP GBP = 5720 COP AUD = 3127 COP (from xe.com updated¬†Mon Apr […]

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