Banco de Bogotá launchs chain of supermarket mini-branches

Banco de Bogotá has partnered with Colombian supermarket chain La 14 to install correspondent banking locations within its stores. Each point of service, known locally as a “corresponsal,” will serve as mini-branch that allows customers to make payments, withdrawals, deposits, and other day-to-day transactions.

This move marks another expansion of service for Banco de Bogotá, which claims 7,340 transaction points in Colombia, including its presence in Grupo Éxito stores — including Éxito, Carulla, SurtiMax, and Super Inter — and Colsubsidio supermarkets and pharmacies.

Source: Finance Colombia