The Central Bank of Colombia published an update on Bre-B, marking five months since launch and describing the system’s consolidation phase, including a new capability for participants to report the causes of failed instant transfers in real time. Bre-B operates under a common standard intended to ensure interoperability and integrates five payment systems and more than 218 financial entities. Over its first 150 days, the system processed more than 503 million transactions worth around COP 80 trillion, with Llaves registered for 33 million Colombians. The central bank also highlighted work to deliver a unified user experience, alongside fraud-prevention mechanisms and education programmes to support adoption.
Central Bank of Colombia 2026-03-11
Central Bank of Colombia reports Bre-B processed 503 million instant payments in five months and enables real-time failure reporting
The Central Bank of Colombia reported on the Bre-B system's consolidation phase, highlighting a new feature for real-time reporting of failed instant transfers. Bre-B integrates five payment systems and over 218 financial entities, processing over 503 million transactions worth approximately COP 80 trillion in its first 150 days. The bank emphasized efforts to enhance user experience and implement fraud-prevention and education initiatives.