Since early February 2026, Binance users in Colombia can now make deposits in Colombian pesos (COP) instantly through the Bre-B system, the new standard for interoperable digital payments developed by the Bank of the Republic. This integration allows for fast, secure, and low-cost transfers from local bank accounts to the Binance platform.
The novelty represents an important step in the modernization of payments in Colombia and aligns with the movements that have already been observed in other Latin American countries, such as Brazil, which implemented its instant payment system —Pix— in 2020. There, through integration with Binance, millions of Brazilians are already making crypto top-ups easily and in a matter of seconds.
With this incorporation, Colombia is moving towards a more dynamic, digital, and accessible financial ecosystem for everyone.
What is Bre-B and how does it work?
Bre-B, an acronym for Electronic Bank Registration Wallet, is the instant payment system created by the Bank of the Republic, Colombia's monetary authority. It was officially launched in October 2025, following a key registration process that began in July of the same year. Since then, millions of people have joined the system, and transactions have exceeded initial expectations.
Directly inspired by the Brazilian Pix, the system was designed to allow payments between different financial entities (banks, fintechs, cooperatives) in real-time, 24 hours a day, 7 days a week. One of its major differentiators is that transactions can be made using a unique key or alias linked to the user's account.
This eliminates the need to share complete bank details and allows for much simpler and faster transfers.
Main features of Bre-B
Total interoperability: you can send money from a bank to a fintech or vice versa, without restrictions or additional steps.
Speed: transactions are completed in less than 20 seconds, even outside traditional banking hours or on weekends.
Enhanced security: both the registration of keys and transfers are carried out exclusively on the official channels of the participating institutions, significantly reducing the risk of fraud.
Broad access: Bre-B is designed to be used even by people who were previously outside the traditional banking system, strengthening financial inclusion.
Less use of cash: one of the goals of the Bank of the Republic is to decrease the high circulation of cash in the country, promoting a more formal and transparent economy.
Comparison with Brazil's Pix
The experience from Brazil serves as a valuable reference. Pix, launched by the Central Bank of Brazil in November 2020, was quickly adopted by the population. Today, more than 70% of Brazilian adults use this method for everyday payments, from sending money to a friend to paying in physical or online stores.
Binance was one of the first crypto platforms to integrate Pix into its deposit system, which greatly facilitated user access to the crypto ecosystem. That same logic now arrives in Colombia with the integration of Bre-B.
Countries like Mexico are also exploring similar initiatives through systems like CoDi, although its adoption has been more gradual. The advancement of Bre-B in Colombia is shaping up to be one of the strongest in the region in terms of infrastructure and participation of financial entities.
What changes for Binance users in Colombia?
With this integration, users now have the option to deposit Colombian pesos in Binance using a Bre-B transfer. This represents a significant improvement over previous methods like Transfiya, which relied on banking hours and could entail higher costs or delays.
The process is straightforward and can be done directly from the Binance app or website:
From the app:
Go to the main screen and select [Deposit].
Choose COP as the currency.
Select the option [Bank Transfer (Bre-B)].
From the website:
Click on [Deposit] in the top bar.
Choose [Deposit Fiat].
Select COP and then [Bank Transfer (Bre-B)].
Note: although Binance offers competitive conditions, it is possible that some financial institutions may charge fees for the use of the Bre-B system. It is recommended to verify this information directly with the corresponding bank or fintech.
Can money also be withdrawn using Bre-B?
Yes. In addition to allowing immediate deposits, the integration of Bre-B with Binance also enables direct withdrawals from the platform to local bank accounts in Colombia. This means that if you sell your cryptocurrencies on Binance and want to convert them to Colombian pesos, you can transfer those funds to your bank account using Bre-B quickly, securely, and at low costs.
This functionality completes the cycle of inflow and outflow of fiat funds within the crypto ecosystem, greatly improving the user experience.
What is the step-by-step process?
The deposit and withdrawal flow with Bre-B on Binance is smooth, visually clear, and completely digital. Through the mobile app, users can follow a guided process that starts with registering their personal data — such as first name, last name, type and number of identity document, mobile number, and email address. They are also asked to enter the Bre-B key, which is the unique identifier associated with their bank account.
Once this initial registration is completed, the user chooses the amount to transfer and selects the bank transfer (Bre-B) option as the deposit or withdrawal method. The system clearly shows the amount to send, the destination Bre-B key number, and the associated account. The entire procedure is optimized to minimize errors and ensure that the money is transferred correctly.
After making the transfer from the bank's app, the deposit confirmation arrives in a few seconds. The screen displays the message 'Deposit successful' along with the amount in COP (Colombian pesos), and offers the option to view the assets already credited to the Spot Account.
The same level of simplicity applies to the withdrawal process. After selecting the Bre-B method and defining the amount, Binance confirms that the transfer has been successfully completed with a message saying 'Withdrawal successful.'
This seamless experience — from registration to confirmation of the transaction — demonstrates that the integration of Bre-B is not only functional but also highly accessible for any user, even those with little prior experience on digital financial platforms.
Why is this change relevant?
The implementation of Bre-B within Binance is part of a broader trend: the integration of traditional financial services with digital platforms, seeking to facilitate access to new technologies, such as cryptocurrencies and decentralized finance.
This type of development helps to broaden the use of digital tools in everyday life, reduces entry barriers to the financial ecosystem, and promotes a more agile, efficient, and secure infrastructure for millions of people.
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