New banking security measure could end the expat lifestyle.E

For receiving authentication codes I use two methods depending on which one will work. I have a cheap internet phone service with a virtual number. Most codes can be received as SMS. I coordinate with a family member in the US to receive codes when I can't get them directly. They get the code, call me with it and I enter it into the form. I also have a Bancolombia account and can send money in a very short time from my US bank to that account. I sent money only this morning using a service called Wise. The money was in my Colombian account within about 40 minutes from the time I initiated the transfer. For purchases or cash in Colombia I use my Bancolombia card. Colombia is the only country where I have experience but what I use works for me.

Caliray, who do you have the internet phone service with a virtual number with? Thanks

Dingtone. The app can be found on both Apple and Android stores. Relatively short learning curve for using it. I have set up two virtual phone numbers. I spend maybe a little more than $5/month depending on how many minutes and/or messages I use.

Depending on your internet quality it can be a little buggy but overall serves the purpose.

Good job, CaliRay.

It took you about two seconds to expose the clickbait title of this thread as unworthy of our site.

There's always a workaround for stuff like this.  The "Expat lifestyle" was never threatened with extinction.

cccmedia

for the us, ultramobile. a lot of banks (bank of america comes to mind) absolutely will not work with a VOIP app even with a US based number. ultramobile works and costs $5 a month to receive your codes.

be aware that bancolombia is pulling the same trick, and you won't find out until you go overseas and find they blocked your account until you're in colombia, not that you should trust them with a peso anyhow

Thanks nkristol, ordered a sim from them for a year of service. Should arrive in plenty of time for my trip. If it works, then say it will, I'll be so happy.  Will hold onto it until I move from Taiwan back to medellin.
Will let you know how it works in Taiwan, regards windboater

Personally I have absolutely no USA dollars in any Colombian Bank

If I had a cedula things would be slightly better  but with my income coming from the US I  still be an issue with the new banking measure I discussed.

nkristol, you must of had your account for a while.  the cheapest plan now is 10 a month if you by a year at a time plus you must setup and prepay a roaming account. Still if it works it will same hundreds over paying for my regular cellular account. Thanks again.

I should be leaving for the US within 2 months at the most.....could be next week..........I bank and pay all my bills online using BanColombia..............am I to understand that once in the USA I will not be able to log-in top my BC account and pay my bills.........all I will be able to do is deposit money into the account..but if I can not pay my bills the account will be worthless....is that correct what I am understanding?

I can't speak to what banks do in Colombia, it might be the same as us banks. If you are willing to drag a US (Colombian) cellular phone everywhere you go around the world then you can still pay bills back in America (Colombia). It's ridiculous who wants drag it around for the sole purpose of receiving access codes, it's pretty must useless for anything else while traveling. I alway get a local sim but the banks won't let you register a local phone on their systems.

Neither do I but I still need to pay bills back in America.

Banks in Colombia are absolutely nothing like Banks in the USA

Hello everyone, 

Anyone have with Revolut Bank, this is online bank with no fees. I use them for years since they launched. Can carry multiple currency account in one. So wondered if anyone has it. Just asking because they accepted non local mobile number to use in overseas, for example I use irish address and french phone number and it is works well.

you can login to your account in the US if you use a VPN

Over the past year they've had a bunch of mysterious "issues" where you have to reset your clave/clave dinamico/some other excuse which basically requires you to go to a branch, and until you do, you're SOL.

when it happens to you, don't say you weren't warned. the most dangerous place on earth to leave your money is with bancolombia.

I am a Colombian /American. After living in usa for 30 years I retired and moved back to Colombia.
if you have the Banco de Colombia (BC) App in your cellular  you will have no problem with accessing your BC from your phone once you're in usa. You have to buy a sim card for your 'Colombian'phone. I just came back from a trip to Atlanta and i bought a T mobile sim card, installed it in my phone and was able to do all BC transacciones.

I notice you had nothing to contribute regarding work arounds. There is always someone who's only contribution is criticism.