Canonical: https://unicorncurrencies.com/industries/manufacturing-exporters/colombia/

# Intelligence: Manufacturing Exporters in Colombia

## Industry Context

- **Payment pressure:** Receiving payments in multiple currencies; FX risk on export invoices

- **Operational control:** Multi-currency accounts to receive in customer currency; FX-protected pricing on quotes

## 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