Azimo, dLocal team up to allow remittances in Colombia

Friday 11 December 2020 12:11 CET | News

Digital money transfer service Azimo has partnered with dLocal, the cross-border payments platform for emerging markets, to allow migrants in Europe and Australia to transfer money to nearly any bank in Colombia. 

The Colombian banks include Davivienda, Banco de Bogota, and Banco de Occidente. The new service provides a faster user experience for Azimo customers, with fewer forms to fill in and a simple transfer process. Transfers submitted by 1pm GMT will arrive in the recipient’s bank account on the same day. 

This partnership begins with expanding access to Colombia, however it lays the groundwork for future enhancements to Azimo’s platform, as they will also be able to offer efficient remittance services in other markets in Latin America.

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Keywords: Colombia, remittances, partnership, Azimo, dLocal, banks, cross-border, money transfer, online payments
Categories: Payments & Commerce
Countries: Colombia
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