When will Bancolombia services be restored after several days of multiple failures? This is what its president said
Portafolio Journalist 02/26/2026 09:32 Updated: 02/26/2026 09:40
TL;DR
- Bancolombia experienced a major system outage due to a failed software update during a data center migration.
- In contingency mode, customers can perform internal transfers, ATM withdrawals, and card payments, but external transfers and full payment ecosystem functions are restricted.
- The bank is working on two plans to restore full services, prioritizing payroll payments.
- The technical issue involved a software error in the central operating system during an update, not physical hardware damage.
- Nequi, a separate entity within the same business group, is operating normally, though fund flow between Nequi and Bancolombia is affected.
- Bancolombia will proactively identify and correct transaction inconsistencies and compensate affected customers.