Canonical: https://unicorncurrencies.com/industries/footwear-distribution/colombia/

# Intelligence: Footwear Distribution in Colombia

## Industry Context

- **Payment pressure:** Size and style proliferation (inventory risk); Seasonal collections and pre-orders

- **Operational control:** Pre-season FX hedging; Multi-currency supplier payments

## 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