Money Movements with Bre-B

Immediate Outgoing Payments in Colombia — Overview

Bre-B is Colombia’s Immediate Payments network, enabling real-time, interoperable transfers between financial institutions. Cobre integrates Bre-B as a native payout rail, allowing businesses to send money instantly to third parties using keys instead of bank account numbers, while maintaining a unified ledger, reporting, and control model.

This guide focuses exclusively on what Cobre enables for Bre-B payouts.

1. What Cobre Enables with Bre-B Payouts

With Bre-B payouts, Cobre allows companies to:

Send instant payments in Colombia

Pay recipients using Bre-B keys rather than bank details

Execute payouts directly from Cobre Balances (COP)

Track each payout with real-time transactional visibility

Reconcile Bre-B payouts alongside all other payout rails

Bre-B payouts are first-class money movements within Cobre’s platform, not an isolated feature.

2. Bre-B Payouts in the Cobre Model

A Bre-B payout in Cobre is a local money movement with the following characteristics:

Origin: A Colombian Cobre Balance (COP)

Destination: A third party identified by a Bre-B key

Speed: Immediate / near real-time

Settlement: Final upon execution

Visibility: Reflected instantly via transactions and reports

This allows businesses to treat Bre-B as a modern alternative to traditional payout rails such as ACH.

3. Key-Based Payouts — Paying Without Bank Accounts

Bre-B Keys as Payment Identifiers

Cobre enables payouts to recipients identified by a Bre-B key, which may belong to:

Individuals

Businesses

Wallets or accounts at participating institutions

What this enables:

No need to store or manage bank account numbers

Reduced errors caused by incorrect account details

Simpler onboarding of recipients

More user-friendly payment experiences

Keys are alphanumeric identifiers that abstract the underlying financial institution.

4. Counterparties for Bre-B Payouts

To execute a Bre-B payout, Cobre uses Counterparties to represent recipients.

Bre-B Counterparties represent:

A Bre-B key owned by the recipient

The minimum information required to route the payment correctly

From a capability perspective, this allows:

Reuse of recipient definitions across payouts

Consistent compliance and validation

Unified management across Bre-B, Fast Pay, and ACH

Once created, counterparties can be used repeatedly for future payouts.

5. Speed & Finality of Bre-B Payouts

Bre-B payouts are designed for immediacy:

Funds are transferred in real time

Recipients receive confirmation quickly

No multi-day settlement windows

This makes Bre-B particularly suitable for use cases where speed and certainty matter.

6. Typical Business Use Cases for Bre-B Payouts

Bre-B payouts through Cobre are well suited for:

Gig economy and on-demand platforms

Marketplace seller settlements

Supplier and vendor payments

Instant refunds or reimbursements

Operational disbursements requiring immediacy

Businesses can selectively use Bre-B alongside other Colombian payout rails depending on urgency, cost, and recipient preference.

7. Transactions & Reporting for Bre-B Payouts

Every Bre-B payout generates Transactions in Cobre, which:

Debit the originating Cobre Balance

Are labeled and categorized by transaction type

Appear in transaction lists and balance statements

Are included in reconciliation and accounting reports

This ensures Bre-B payouts are fully auditable and operationally transparent, just like any other payout method supported by Cobre.

8. Controls & Operational Governance

Bre-B payouts benefit from the same platform-wide controls as other money movements, including:

Role-based access and permissions (Portal only)

Optional approval workflows (maker-checker)

Full historical traceability

This makes Bre-B suitable not only for product-driven use cases, but also for enterprise treasury and finance teams.

9. Bre-B vs Other Colombian Payout Rails

From a capability standpoint:

Bre-B → Instant, key-based, modern user experience

Fast Pay / ACH → Broader compatibility, traditional account-based payouts

Cobre allows businesses to access multiple rails under a single platform.

Cobre Value Added

The Banco de la República set an amount limit per Bre-B transaction of $11.550.000 COP. With Cobre all the Bre-B payouts over the limit will be automatically routed through Fast Pay (i.e., the fast Cobre rails with banks)

10. Summary — What Cobre Delivers for Bre-B Payouts

With Bre-B payouts, Cobre enables:

Instant outgoing payments in Colombia

Key-based recipient identification

Simplified recipient onboarding via counterparties

Real-time transaction visibility

Unified reporting and reconciliation

Enterprise-grade controls and auditability

Cobre abstracts the operational and technical complexity of Bre-B and delivers it as a reliable, scalable payout capability within its broader money movement ecosystem.

Money Movements with Bre-B

Immediate Outgoing Payments in Colombia — Overview#

1. What Cobre Enables with Bre-B Payouts#

2. Bre-B Payouts in the Cobre Model#

3. Key-Based Payouts — Paying Without Bank Accounts#

Bre-B Keys as Payment Identifiers#

4. Counterparties for Bre-B Payouts#

Bre-B Counterparties represent:#

5. Speed & Finality of Bre-B Payouts#

6. Typical Business Use Cases for Bre-B Payouts#

7. Transactions & Reporting for Bre-B Payouts#

8. Controls & Operational Governance#

9. Bre-B vs Other Colombian Payout Rails#

10. Summary — What Cobre Delivers for Bre-B Payouts#