What is Nequi and how does it work?
Nequi is a financial platform created by Bancolombia with which you can carry out banking transactions from your cell phone. Its operation is quite similar to that of a savings account, but with the only difference that you do everything from the mobile app. With just your cell phone number you can deposit money to your Nequi account and use it to make payments, transfers and even purchases online.
Advantages of using Nequi
- Easy to use: Nequi is very easy to use, you just need to download the app and create your account.
- Security: Being backed by Grupo Bancolombia, Nequi uses the highest security standards, so your money and money are always safe.
- Flexibility: With a Nequi account, you set the limits, whether you need to recharge your cell phone or receive PayPal payments, in Nequi it's possible.
Discover more benefits In this blog.
How to open an account with Nequi
The requirements for opening your Nequi account couldn't be simpler:
- Be 18 years of age or older.
- Have a valid Colombian identity document.
- Have an active cell phone number in your name.
Steps to open a Nequi account
And let's not even talk about the steps to create your account, as easy as possible:
- Download the Nequi app from the App Store or Google Play.
- Register in the application with your personal data.
- Verify your identity with a photo of your identity document.
- Associate your Nequi account with your cell phone number.
And now, it's that easy.
Frequently Asked Questions about Nequi
- Does Nequi charge fees for its services?: Although most of the services offered by Nequi are free (account maintenance, transactions between users or withdrawals at Bancolombia ATMs), some services such as international transfers and receiving money from PayPal if they have fees.
- What security measures does Nequi have to protect my money?: Primarily, Nequi uses advanced data encryption mechanisms, which help protect user funds against any vulnerability. In addition, you can activate extra security mechanisms, such as 2-step verification to increase your security.
- Can I withdraw my money in cash from Nequi?: Yes, with your Nequi physical card you can withdraw cash from any ATM, and if you don't have your physical card, you can go to the authorized points to do so with your cell phone.
Nequi is an innovative financial platform that offers an easy and secure way to manage your finances from your cell phone. With this complete guide, you now have everything you need to know about Nequi, now it's time to learn how to buy stablecoins in El Dorado with Nequi.






