Canonical: https://unicorncurrencies.com/industries/artisan-crafts/colombia/

# Intelligence: Artisan & Craft Products in Colombia

## Industry Context

- **Payment pressure:** Small batch, irregular payments; Quality consistency in handmade goods

- **Operational control:** Support for emerging market currencies; Small payment processing

## Country Context

- **Use case:** Pay Colombian suppliers for coffee, flowers, textiles, oil, emeralds

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **Account Number** (SWIFT/BIC and account number (no single national code))

- **Regulatory:** Banco de la República de Colombia regulations; DIAN (Tax Authority) documentation

## Key Industries in Country

- Coffee

- Flowers

- Textiles

- Oil & Gas

- Emeralds