In today's increasingly globalized world, cross-border money transfers have become essential for both families and businesses. For those planning to send funds through Bancolombia S.A., understanding its SWIFT/BIC code is crucial for successful international transactions.
Bancolombia's Financial Services
Headquartered in Barranquilla, Bancolombia operates with the SWIFT code COLOCOBM BAQ , providing a range of convenient financial services to facilitate smooth international money transfers. As one of Colombia's largest financial institutions, Bancolombia has established a strong reputation in the banking sector.
The bank's complete address is:
- Carrera 57, 72-25
- Edificio Fincar, Floor 7
- Barranquilla, Atlántico
- Postal Code: 080001
The International Transfer Process
International money transfers through Bancolombia involve more than just sending funds—they create financial connections with family members, friends, and business partners across borders. When sending money in US dollars (USD), recipients will receive the converted amount in their local currency.
For example, a transfer of $10,000 USD would result in approximately €8,448 EUR after currency conversion. Customers can initiate payments through various methods including direct debit (Lastschrift) transactions.
Important Considerations
Bancolombia maintains its SWIFT code information to ensure customers always have access to accurate details for their international transfers. The exchange rate applied during the transfer significantly impacts the final amount received, making it advisable to monitor foreign exchange rates before initiating transactions.
Choosing Bancolombia for international money transfers provides access to professional financial services while enabling seamless global fund movement. In today's dynamic international financial environment, understanding these banking details contributes to more efficient and successful cross-border transactions.