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) are available online at various sites. Here are some quick links (links to Bloomberg or Google Finance) USD CAD EUR GBP AUD Please remember that these are mid-market rates so NOT what […]

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