Insight Story
Johan Klok

How to Open a Bank Account in Colombia

As a foreigner you can open a bank account at a Colombian bank in Colombia but you'll need a visa. Sometimes a bank employee doesn't ask for a visa, but these cases are rare and are usually against the bank's internal guidelines.

Tips and recommendations

  • It's best to bring your cédula, but many banks also accept passports.
  • Bring a RUT with you. Bank employees may ask for proof of legit income if you don't have a RUT. You can get a RUT from DIAN, the Colombian tax authority.
  • Visit a bank office in an area where many expats live. Employees in these bank offices often have more experience opening bank accounts for foreigners. This speeds up the process.