Pillar — Banking & Money

Getting money into Colombia — and into a Colombian bank

The banking friction is real but predictable. Here's what account-opening actually requires, and what it costs to move money across the border.

Colombian peso banknotes and a passport on a wooden desk
On the groundEvery Colombian bank we've dealt with wants a cédula or visa in hand before they'll open a full account — a tourist stamp alone gets you a limited-function account at best, and not at every branch.
Field reports in this pillar
Banking

How to Open a Colombian Bank Account as a Foreigner

Which document combination actually works, and which banks are foreigner-friendly in practice.
Transfers

Moving Money Into Colombia Without Losing It to Fees

Wire vs. Wise vs. cash, compared on the number that actually matters: what lands in COP.
Currency

The Case for Buying Colombian Pesos in 2026

The peso's best run against the dollar in a decade — the case for it, and the case against.