Colombia

User guides / Supplier countries A supplier whose bank account is held in Colombia sees the fields below. The country is chosen on the form, and changing it changes the fields, so a supplier is never asked for a detail their country does not use.

Bank details

Field	Requirement	Format	Notes
Beneficiary name	Required	up to 64 characters	The full name the account is held in, exactly as the bank has it.
Bank name	Required	up to 60 characters
Bank code	Required	no length limit, digits only
Branch code	Optional	no length limit, digits only
Account number	Required	up to 20 characters
Branch name	Optional	up to 60 characters	Required by Citibank Colombia when the 3-digit branch code is not supplied.
Bank’s taxpayer ID (NIT)	Optional	up to 15 characters, digits only, NIT verification digit	The NIT of the bank holding the account, not the supplier’s own NIT. Leave blank if it is not on the bank statement.
SWIFT/BIC	Optional	8 to 11 characters, letters and digits	8 or 11 characters, for example, BOFAUS3N. Needed for a payment by wire.
Account type	Required	no length limit, one of: Current, Savings	Current unless the bank issued the account as a savings account.
Intermediary bank country code	Optional	2 characters, letters only	Two-letter country code, for example, US.
Intermediary bank city	Optional	up to 60 characters
Account number at the intermediary bank	Optional	up to 34 characters
Intermediary bank name	Optional	up to 60 characters
Intermediary branch number	Optional	up to 30 characters
Intermediary IBAN	Optional	15 to 34 characters, letters and digits, IBAN MOD-97 check
Intermediary SWIFT/BIC	Optional	8 to 11 characters, letters and digits	8 or 11 characters, for example, CHASUS33.

IBAN

Colombia does not use IBANs. Accounts are identified by the fields above.

Currency

Every account also records its currency. The form opens on COP, the currency of Colombia, and the supplier changes it for an account held in another currency.

Tax and company registrations

Registration	Requirement	Format	Notes
NIT	Required	5 to 15 characters, digits only	Without the verification digit, for example, 890903938. The DV goes in its own box below.

Additional details

Colombia collects a few fields that other countries do not. They are asked in the tax registration question, beside the number.

Field	Requirement	Format	Notes
Nature (persona natural or jurídica)	Required	no length limit, one of: Legal entity (J), Natural person (N)
Type of entity	Required	no length limit, one of: Foreign entity, Individual, Legal
Document type	Required	no length limit, one of: 13 Cédula de ciudadanía, 31 NIT, 43 Sin identificación del exterior	The DIAN code for the document the NIT was issued against.
DV (verification digit)	Required	1 character, digits only, checked against the NIT	The single digit after the hyphen in the NIT, for example, the 8 in 890903938-8.
Main economic activity (CIIU)	Suggested	4 characters, digits only	The 4-digit CIIU code in box 46 of the RUT, for example, 6201.
Tax regime	Suggested	no length limit, one of: comun, simplificado, especial
Fiscal responsibilities (DIAN)	Optional	no length limit, one of: O-13, O-15, O-23, O-47
ICA activity code	Optional	up to 10 characters, digits only
ICA municipality (DANE code)	Optional	no length limit, digits only	5 digits, for example, 11001 for Bogotá.
Gran contribuyente	Suggested	no length limit
Autorretenedor	Suggested	no length limit

Where these rules come from

Oracle Fusion Cash Management 26c CO validations; DIAN NIT checksum. The rules on this page are confirmed against a primary source, so they are enforced strictly. Configuration version 2026.10.5. Your organization can override any of these rules for its own suppliers.

Supplier countries

Every country Coverbase validates, side by side.

Supplier information guide

How these details are collected, reviewed, and handed to your finance system.

Start here

Workspace setup

Vendors

Third-party lifecycle

Agent Governor

Assessments

Findings and obligations

Vendor intelligence

Monitoring

Marketing compliance

Risk

DORA Register

Contracts

E-signature

Documents

Workflows and automation

Dashboards and reporting

Sourcing

Internal controls

Coverbase AI

Bank details

IBAN

Currency

Tax and company registrations

Additional details

Where these rules come from

Supplier countries

Supplier information guide

​Bank details

​IBAN

​Currency

​Tax and company registrations

​Additional details

​Where these rules come from

​Related

Supplier countries

Supplier information guide

Bank details

IBAN

Currency

Tax and company registrations

Additional details

Where these rules come from

Related