Payment Systems

This document compiles the best national and international practices on economic and financial inclusion and education. It includes…

Starting in July 2025, the way in which transfers and instant payments are made in the Colombian financial system will be transformed thanks to the launch of Bre-B. This system will enable full interoperability in the country by allowing transactions to be conducted to and from any financial…

Banco de la República (the Central Bank of Colombia) contributes to the safe and efficient operation of payment systems by providing various services to the financial system that are essential for the country's economic activity and the citizens' well-being. The services provided by the Bank…

In the eighth program of 'Cuentas y Cuentos,' Prieto gives details of the new instant payment system, a project that will benefit Colombians in the medium term. 

Speech by Leonardo Villar, Governor of Banco de la República

The development of this agenda includes the decision to promote an Instant Payments System (IPS), an analysis to expand the offer of cross-border payments, and, subsequently, the review of the advisability of issuing a digital currency.

The design of the Instant Payments System is carried…

On 3 November 1998, Banco de la República (the Central Bank of Colombia) launched the Electronic Trading System (SEN). The SEN is a technology infrastructure managed by the Central Bank for the negotiation and registration of transactions with public debt bonds holdings at the Central Security…

The Sistema Electrónico de Negociación (SEN in Spanish, Electronic Trading System), hereinafter SEN or THE SYSTEM, is the trading and registration system for securities transactions administered by Banco de la República (the Central Bank of Colombia), through which Agents may enter intospot or…