This is how you can become a correspondent bank with Puntored - Personal Finance

Puntored is a company created 16 years ago that processes alternative payment methods, facilitating financial inclusion in Colombia and Latin America.

The company is responsible for offering digital payment solutions through APIs and embedded experiences for users of the main applications. “We generate relationships of trust to improve the lives of millions of people in Latin America”points out Puntored on its website.

The company obtained, in 2022, an ISO 27001:2013 certification, which guarantees the highest information security standard for the SUPER API and Transactional Web Interface (TWI) processes. This achievement validates the effort to provide confidentiality, integrity and availability to clients.

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How to become a correspondent bank and generate income?

To be part of Puntored is very simple, since you can join virtually, in order to earn money with the transactional platform provided by the company, which has more than 75,000 allies. Among them, nine banks that will allow you to access more than twenty-eight thousand public and private payment service agreements.

As if that were not enough, as a correspondent bank, it will be able to sell top-ups and data packages to all operators and, also, carry out sports top-ups, Soat sales and payments from the most important digital wallets nationwide.

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To the list of benefits is added the cancellation of government subsidies, the application for loans and the administration of the business with the help of digital tools provided by Puntored. Becoming a banking correspondent is free, if you do, you will have the advice of the company’s team of experts.
To start the affiliation process, the first thing you should do is go to the following website:

Puntored provides financial services for all of Colombia.

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Website: Puntored

Once you have entered the page, you must click on the pink button that appears on the right side of the screen. It says «Start».

By pressing this button, a pop-up page will appear, in which you will have to register some personal information, such as your email, the correspondents you want to operate, your ID number, your cell phone number and other important information. so that you can be taken into account.

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When filling them out, you will have to wait for the company’s response to be able to continue with the process of becoming a banking correspondent.

Requirements to be a correspondent bank

1. Be affiliated with Puntored.
2. Certificate at 150 percent.
3. RUT not older than 90 days.
4. Chamber of Commerce.
5. A public receipt from your business.

Something to keep in mind is that after registering, the company will validate all the information, Once the requirements requested by the bank have been met with 100 percent effectiveness, they will give you a final response in a maximum of 10 business days.

This is the form to apply to a correspondent bank.

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Website: Puntored

Remember that if you are a direct customer, you will first have to be an ally of the platform. To carry out the affiliation process, enter the following link: