SWIFT Code CLTECOBM — COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL, MEDELLIN

About SWIFT Code CLTECOBM — COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL, MEDELLIN

SWIFT code CLTECOBM is the official 8-character head-office BIC (Bank Identifier Code) for COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL in MEDELLIN, Colombia. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL for all outward international remittances from MEDELLIN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CLTECOBM

The code CLTECOBM follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CLTECOBM

Receiving International Wire Transfers

To receive money from abroad at your COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL account in MEDELLIN, share SWIFT code CLTECOBM with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL, MEDELLIN must provide SWIFT code CLTECOBM. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL in MEDELLIN rely on SWIFT code CLTECOBM for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL →

For cheque clearing or NACH mandates, use the MICR code for COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL →

For TDS challan deposits, find the BSR code for COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL →

How SWIFT Code CLTECOBM Routes an International Transfer

1. Initiation: The sender provides SWIFT code CLTECOBM and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CLTECOBM

• Spaces or lowercase letters — Always enter CLTECOBM uppercase with no spaces.
• Using the wrong city — This code is for MEDELLIN only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Colombia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CLTECOBM directly with COLTEFINANCIERA S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL's MEDELLIN branch or via the SWIFT BIC Directory.