The Internet’s Money

Global account · Latin America

Does Wise Business work in Colombia?

No.

Wise Business does not onboard businesses registered in Colombia.

What a business in Colombia can use

Wise Business’s products, for a company incorporated in Colombia.

Accept paymentsNot available

Payment links and Quick Pay for getting paid. This is not a full online checkout.

Pay people abroadNot available

Send money to 140+ countries at the mid-market rate, including batch payments.

Multi-currency accountNot available

Hold 40+ currencies and get local account details in around 10 of them.

Business cardsNot available

Wise Business debit cards that spend in local currency.

StablecoinsNot offered

Wise Business does not offer this.

Yield on idle cashNot available

Wise Interest invests GBP, USD and EUR balances in BlackRock government money market funds (a Franklin Templeton fund in Australia). Wise warns that your money is at risk. Not available to US customers.

Onboarding confidence: medium. Source: Wise Business. Everything about Wise Business

Alternatives in Colombia

Other providers that serve businesses registered there.

Selling to Colombia

How people there prefer to pay online.

  1. 1PSE bank transfer
  2. 2Nequi
  3. 3Efecty cash
  4. 4Visa / Mastercard

Stablecoin rules in Colombia

Elevated riskUnclear

There is no framework, so the legal position is uncertain.

Everything about 🇨🇴 Colombia →

Common questions

Does Wise Business work in Colombia?

No. Wise Business does not onboard businesses registered in Colombia.

What are the alternatives to Wise Business in Colombia?

Providers that onboard businesses registered in Colombia: PayPal, Payoneer and dLocal. With limits: Bridge, BVNK and Rain.

Wise Business elsewhere in Latin America

Other providers in Colombia