Regulatory Alerts2026-05-05
Added · Updated
Carta Circular Externa DSP-0172-2026: Banco Finandina Suspends Check Clearing Service in Barranquilla Branch
The Department of Payment Systems issued Circular DSP-0172-2026 to inform participants that Banco Finandina will cease operations at its Barranquilla branch and withdraw from the check clearing system. The bank will stop sending checks for collection on May 15, 2026, and will cease receiving checks for collection after July 15, 2026, with the final clearing cycle closing on July 16, 2026. Participants are instructed to update their internal processes and notify their branches regarding the treatment of remaining Banco Finandina checks as remittance or negotiated instruments.
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