If you sell products or services abroad, one of the most frequently asked questions is how to receive those payments legally without problems with the DIAN or your bank. Colombia, like many countries, has exchange regulations that you must comply with when monetizing foreign currency or declaring income from abroad.
In this blog, we explain clearly and practically how to comply with these regulations and how platforms like Finturú help you do so without complications.
What are Exchange Regulations in Colombia?
Exchange regulations in Colombia are the rules that govern the use, entry, exit, and conversion of foreign currencies. It is supervised by the Banco de la República and the DIAN, and seeks to guarantee transparency and legality in international operations.
Why is it Important to Declare Payments You Receive from Abroad?
Receiving payments from abroad without registering or declaring them can generate:
- Blocks on bank accounts
- Tax problems with the DIAN
- Fines for evasion of exchange regulations
- Inability to justify income to financial institutions
That is why it is key to nationalize your international payments correctly.
What Operations are Subject to Exchange Regulations?
These are some of the operations that require registration and compliance:
- Collection of services to clients abroad
- Sales of products outside the country
- Exports and international consulting
- Freelancers who work for foreign companies
How to Comply with Exchange Regulations when Receiving International Payments?
- Receive the payment on an authorized platform
Avoid using personal accounts or unregulated platforms. Use options like Finturú , which facilitates registration and legal compliance. - Register your foreign currency income
If you exceed certain amounts or make frequent income, you must register the exchange operation (Form 4 of the Banco de la República or exchange intermediary). - Monetize your foreign currency
You can convert your income to Colombian pesos with a competitive rate and safely. - Declare the income to the DIAN
Especially if you are responsible for VAT or are formalized as a company/natural person with commercial activity.
What Does Finturú Offer You to Comply with these Regulations?
- Secure monetization of your income in dollars or euros
- Advice on exchange and tax regulations
- Digital platform with legal traceability
- Support for nationalization of payments
- Reports that you can use for your accounting or tax returns.
What Happens if You Do not Comply with the Exchange Regulations?
- You may receive sanctions from the DIAN
- Your bank may report you for suspicious transactions
- You will not be able to justify income to the UGPP or credit entities
- You could lose access to financial services
In a world where selling to other countries is increasingly easy, compliance with exchange regulations in Colombia is not optional, it is mandatory. Using tools like Finturú allows you to receive your international income, convert it to pesos, and comply with the law in an agile, safe, and stress-free manner.
Ready to receive payments from abroad in compliance with all regulations?
Create your account in Finturú and start charging globally with legal backing.
