Canonical: https://unicorncurrencies.com/industries/defence-security/colombia/

# Intelligence: Defence & Security Contractors in Colombia

## Industry Context

- **Payment pressure:** Export license requirements; Stringent compliance (ITAR, EAR)

- **Operational control:** Enhanced compliance screening; Large transaction handling

## 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