Bank in Brazil

Do you need to open a bank account ? Find out more on banking in Brazil.

Banking in Brazil

Bureaucracy is deeply rooted in Brazil, and this is never more evident than when dealing with banks. Be aware that until you have an official residency card, such as an RNE (Registro Nacional de Estrangeiros), you will not be able to open a bank account in Brazil (not even a simple savings account). Once you have proof of legal residency in Brazil, visit the bank where you'd like to open an account to determine what documentation you need to provide. The exact documentation can vary a bit depending on the bank and type of account you'd like to open.

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