i didn't need an account since i deposited the amount into the construction's company's bank account. i just bought an apt in colombia and it was painless. it may be easier to deal with a construction company like, pedro gomez in bogota, then buying from an individual, i maybe wrong.
i transferred the money from my bank to davivienda through international wire transfer. the funds wouldn't arrive in pesos so i had to calculate the dollar amount with the current exchange rate.
what davivienda needed before releasing the money was a letter of employment from my employer stating how long i've been there, copies of the last 3 bank statements to show where the money came from, a copy of the compraventa which is the sales agreement of the purchase showing how much i bought the property for. also the following is needed to make the transfer:
the name of the bank where the funds will be deposited
account number
their swift code
aba number
also....
the intermediary bank swift code and aba number since the deposit isn't done directly. below is the info i used between davivienda and citibank. some US banks use wachovia as the intermediary, i'll include the info also
Bank Name: Banco Davivienda
Account #: XXXXXXXXXXXXX
SWIFT CODE: CAVDCOBB
Address: XXXXXX
City : XXXXXX
State: XXXXXXXX
Country: Colombia
Intermediary Bank: Citibank
SWIFT CODE: CITIUS33
ABA: 02100089
wachovia
Swift code intermediary bank: PNBPUS3NNYC
ABA code: 026005092
