Bancolombia Enhances Safe Efficient SWIFT Transfers

This article discusses the learning and application of the SWIFT code of BANCOLOMBIA S.A., emphasizing the importance of using SWIFT codes accurately. It also provides practical advice for related remittance operations to ensure a smooth process for international transfers.
Bancolombia Enhances Safe Efficient SWIFT Transfers

When sending money internationally, correctly using a bank's SWIFT code is a crucial step to ensure funds reach their destination safely. For customers needing to transfer money to BANCOLOMBIA S.A. , understanding its SWIFT code— COLOCOBMBGA —and related details is essential.

Why the SWIFT Code Matters

As required by banking institutions, a SWIFT code (also known as a BIC code ) is a unique identifier for financial institutions. This code plays a critical role in international transactions. BANCOLOMBIA S.A.'s SWIFT code, COLOCOBMBGA , helps ensure funds are accurately routed to its branch in Bucaramanga, Colombia .

The bank's branch is located at:

CARRERA 18, 35-02, BUCARAMANGA, SANTANDER, Postal Code 680006.

Customers initiating international transfers must provide this complete address to avoid processing delays.

How to Avoid Transfer Errors

Using the correct SWIFT code allows senders and recipients to verify the flow of funds and confirm the receiving bank, minimizing errors in cross-border transactions. Before initiating any transfer, customers should double-check the SWIFT code for accuracy—especially for large transactions.

Additional details required for a successful transfer include:

  • Recipient's full name
  • Account number
  • Purpose of the transfer

Final Considerations

Using BANCOLOMBIA S.A.'s SWIFT code ( COLOCOBMBGA ) requires careful attention to detail. Customers should review their bank's transfer instructions thoroughly and confirm all entered information. Proper verification helps prevent unnecessary delays and ensures funds arrive securely at their intended destination.