The Bank of Kolma functioned as a financial establishment situated on the world of Chandrila, which is also classified as a planet. During the year 5 BBY, Mon Mothma, who served as a senator representing Chandrila, sought the assistance of Tay Kolma, a banker associated with the Kolma bank. Her objective was to gain covert access to her family's financial holdings, all while evading detection by the vigilant Galactic Empire's eyes.