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Bank routing number for Bancolombia? Anybody? Please

Last activity 20 May 2023 by OsageArcher

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hikingwithu

I've searched the web, spoke to a bank branch manager and used the online chat for Bancolombia and I cannot get a normal bank routing number to use in the online form for the stimulus check from the US. What's the problem? The routing number I did find is not listed in the E-File system. That number is associated with the Bancolombia office in Miami. And that form will only accept a 9-digit number with no letters, no SWIFT codes, nothing else.

Why is it so friggen hard to find a commonly available number?

OsageArcher

You say Bancolombia, but there are many branches in various cities in Colombia.  But also and more to the point, for your stimulus check, it needs to go to a US bank:

"Q. How will I get my stimulus check if I’m an American living overseas?
A. There are two ways overseas Americans can get their stimulus payment: direct deposit or through the mail.

You’ll get your check via direct deposit if you either:

Received your 2018 or 2019 tax refund through direct deposit
Have submitted your U.S. bank account information to the IRS through the U.S. Treasury’s new direct deposit portal

You need to have an account with a U.S. bank in order to get direct deposit."

The above from:

https://www.hrblock.com/expat-tax-prepa … hecks-faq/

This site also says in its first bullet point that "IRS can't direct deposit rebate into foreign bank":

https://news.bloombergtax.com/daily-tax … lus-checks

hikingwithu

Ok, so I won't get one of those even though I saw posts from other expats on other sites who have received direct deposits into foreign banks. Be that as it may...

Later this year I hope to start receiving my Social Security. If what you say is true then I have to return to the states, somehow set up an account someplace I don't live, so I can then receive the money in a foreign bank?

Supposedly many expats all over the world receive their SS in their foreign accounts, yes?

OsageArcher

"Supposedly many expats all over the world receive their SS in their foreign accounts, yes?"

I guess that depends on the definition of "many".  Relatively few around the world receive Social Security into foreign accounts - fewer than 1% in Colombia.  How they do it, I do not know - you should talk to the SSA.  Why they do it, I also do not know - there does not appear to be any advantage in keeping all your money in a foreign basket, and there are significant downsides.

Most expats in Colombia as well as the rest of the world receive direct deposit to US banks.  Here is the SSA page showing payments to beneficiaries outside the US:
https://www.ssa.gov/deposit/foreign.htm

Here is the entry from the above page with the numbers of people for Colombia, from the table PAYMENTS TO BENEFICIARIES OUTSIDE THE U.S. for March 2020:
Number of Check Payments        29
International Payments                37         
Direct Deposit to US Banks     7,809
Total Payments                         7,875
% Direct Deposits                           99

The SSA does allow international direct deposit to foreign banks in these countries but as you can see from the numbers above not many people take advantage of it:
https://www.ssa.gov/international/countrylist6.htm

Just a caution - if your money is in a foreign bank, it will most likely not have the same protections financial and otherwise that your money does in a US bank, nor the same flexibility and ease and speed of transactions.  Many expats find that in Colombia it is very easy to keep most of your money in US banks, using ATMs to withdraw money as needed, and establish an account and maintain some money in a local bank to pay local bills (you'll need a cédula de extranjería to do this, and your passport and a valid visa, and other documents proving your address).

hikingwithu

Thanks for the link, too bad they don't list the banks within those countries that they can direct deposit into. I sent them an email asking about that.

erikaalfonso

The Bank Banco Davivienda has a Routing Number here it is 066011389. Since everyone has a Hard Time finding Routing numbers please send me a {trolling||}

OsageArcher

The Bank Banco Davivienda has a Routing Number here it is 066011389. Since everyone has a Hard Time finding Routing numbers please send me a {trolling||}

-@erikaalfonso


I will give you the info for free, no charge!


BUT - Routing numbers are for USA banks only. The routing number given above is indeed for Davivienda, but for its branch in the USA in Miami Beach. It is not for Colombia. If you want to find the routing number for a USA bank, the internet is your friend. One site to help you do this is:




You can find the SWIFT codes for Colombia banks for international money transfers here:


https://bank-code.net/country/COLOMBIA-%28CO%29.html


Many expats find they will never need this info in any case. Keep your money in your USA bank and use an ATM in Colombia to withdraw cash when and where needed. If you want to pay by credit card, many will usually work in Colombia - just make sure your bank knows your are in Colombia so they don't flag the transaction as a possible fraudulent charge.

OsageArcher

Due to a software glitch the link for finding USA bank routing numbers did not post.  Here it is:


https://bank-code.net/routing-numbers


Let's hope it posts now.

Sandragesis

@erikaalfonso HI! Could you help me with Banco Caja social routing number, please?

lunamick

@OsageArcher Hi question about Daviviendas branch in Miami. Can i open an account and deposit money in the US and withdraw it in Colombia? I currently have Banco de Colombia. I am also having a hard time registering for Daviplata, it wont accept my cedula extran, i realize theese may be unanawerable

Thanks

OsageArcher

@OsageArcher Hi question about Daviviendas branch in Miami. Can i open an account and deposit money in the US and withdraw it in Colombia? I currently have Banco de Colombia. I am also having a hard time registering for Daviplata, it wont accept my cedula extran, i realize theese may be unanawerable
Thanks
-@lunamick

My first take was no, no way can you do this.  Colombia banking laws are very strict to try to avoid money laundering.


BUT with a little research, it may be possible according to these pages of Davivienda:


https://www.daviviendamovil.com/funcion … nacionales


https://www.davivienda.com/wps/portal/p … 9BnTnmzk!/


Your best bet is to contact Davivienda and get the information from them.

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