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Colombia Forum

2 years ago

Bank account in Colombia

2 years ago
What are the pros and cons of having a Bank account in Colombia?

A particular question I have is , what is the maximum amount you can deposit daily, weekly, monthly or yearly, before they report things toD IAN or other government agencies not just for tax purposes, but money laundering etc.

Not that I have anything to hide, because all they have to do is talk to Migraciones, and they can see from my Visa application how much I make in my home country, and that I recieve money from legitimate sources.

Just want to avoid bureaucracy, time wasting and hassle.

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