Open an account

The process of opening a bank account in Brazil is very simple. However, it requires residence visa to foreigners.

Documents

Account

Types

  • Permanent or temporary residence (with a minimum of 12 months) visa.
  • Identity document – passport and RNE / SINCRE.
  • CPF.
  • Proof of Residency.
  • Proof of earnings (to open current account).

The process of opening a bank account is in person.

Current: For perform daily banking transactions. The owner receives a debit card.

Savings: For saving and making interests on deposited money.

Salary: It can only be opened in case of salaries. It is equal to a current account, with advantages such as account maintenance and bank transactions lower rates. In this case, the company will request the bank to open an account.