SWIFT/BIC code COLOCOBMMD1
COLOCOBMMD1 belongs to Bancolombia S.A. in Medellin, Colombia.
Code details
| SWIFT/BIC code | COLOCOBMMD1 |
|---|---|
| 8-character code | COLOCOBM |
| Branch code | MD1 |
| Bank | Bancolombia S.A. |
| Branch | — |
| City | Medellin |
| Country | Colombia |
The way the Bancolombia S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- COLO Bank code
- 4 letters that identify the bank.
- CO Country code
- 2 letters for the country (ISO 3166).
- BM Location code
- 2 characters for the city or region of the head office.
- MD1 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses BIC COLOCOBMMD1?
The code COLOCOBMMD1 belongs to Bancolombia S.A., part of Bancolombia S.A. in Medellin, Colombia. Use this branch code only when the account is held at this specific branch.
What happens if I enter COLOCOBMMD1 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check COLOCOBMMD1 against the details from Bancolombia S.A. before you confirm.
How long does it take to send money to Bancolombia S.A. in Colombia?
An international SWIFT transfer usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often faster and cheaper.
Which details do I need for a transfer to an account at Bancolombia S.A.?
Have ready the SWIFT/BIC code COLOCOBMMD1, the IBAN or local account number of the recipient, their full name and address. Colombia uses international SWIFT transfers, so always include the BIC.
What is the best way to send money to Bancolombia S.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Colombia with transfer services before you send.
What do the letters in COLOCOBMMD1 mean?
COLO is the institution code of Bancolombia S.A., CO stands for Colombia, BM is the code for the city or region and MD1 identifies the department Bancolombia S.A..
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.