This function allows Colombians to receive money from the US directly in their app, without lines, without procedures and in a matter of minutes.
Digital platforms and banks at hand They have become one of the most important initiatives for people who want to make quick and effective transfers.
That is why more and more users are looking for safe and reliable options to move money from abroad, and Nequi, Bancolombia’s popular financial application, decided to go one step further with a function designed to make this much easier.
It is about ‘Turns to a Link’, a platform that allows any user in Colombia to receive money from the United States in a completely digital way, without lines, without paperwork and without depending on traditional intermediaries.
The tool works through a payment link that is generated directly in the application and can then be shared byr WhatsApp, email or any other means of communication.
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What is the process like?
The process is simple and fast: whoever receives the money in Colombia opens the app, goes to the Foreign Silver section, then, Money transfers to a Link from the US. and generates a unique link.
This link is shared with the person who will send the money from the United States, and that person only has to open it, accept the terms and pay with any card Visa or MasterCard issued in that country. In a matter of minutes, the money reaches the card balance Nequi Visa of the recipient.
The functionality was developed in partnership with Palla Inc., an international payments platform backed by Visa, which ensures that transactions are reliable and secure.
Nequi ensures that the service is available 24/7, and there is no cost to the person who receives the money in Colombia, although commissions may apply to the person sending the money, depending on the card and the amount.
To use this feature, It is necessary to meet some requirements: be of legal age, have a Colombian citizenship card, have an active Nequi Visa card (physical or virtual) and a Nequi account in good standing.
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For now, the service only allows receiving money from the United States and applies limits depending on the type of account: up to 4,000,000 COP per month in low-amount deposit accounts and up to 10,000,000 COP per month in savings accounts.
This initiative is especially useful for Colombians who receive family remittances, payments for remote jobs or income from sales of products and services abroad.
