Banco de Bogotá announced a new insurance to protect transactions made through Bre-B. The product covers unauthorized operations and cases of coercion. It is available to clients with at least one year of account history.
Banco de Bogotá, part of Grupo Aval, launched the insurance that protects against unauthorized transactions in digital channels, misuse of financial products, and operations under coercion.
Clients must have one year or more of account history and transactions must be $50,000 or higher. The process is handled exclusively through Virtual Banking, with coverage of up to $1,300,000 per event and a maximum of two claims per year.
Diana Valbuena, insurance banking manager at the bank, said the product reflects the “commitment to an accessible solution, easy to contract and aligned with the new dynamics of immediate payments in Colombia”.