Brazil

Account channel

Service specification

Type	Description
Direct to Bank method	Direct credit to bank account in Brazil Real (BRL) - (Supported account type: Checking Account) Supported beneficiary account type – individual and company. Supported Sender type - Individual and company.
Transaction Turnaround Time	Real-time: 24x7 (within 10 minutes)
Area availability	Brazil nationwide
Validation / Verification	No system validation on account available.
Amount received	Beneficiary to be received the payout amount round down to the nearest BRL 1.00
Transaction Limit	Maximum per Transaction BRL 10,000.00 Minimum per Transaction BRL 10.00 Daily Limit BRL 10,000.00 Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit. For transaction exceeded BRL 100,000.00 as 365 days limit, the following information / document of beneficiary is required: 1. Full name and Tax ID from the beneficiary or payer; 2. Invoice or equivalent document proving the reason for payment 3. Beneficiary’s official personal identification document, as copy of the national identification card or equivalent and tax ID; Proof of address from the beneficiary. 4. e-mail 5. phone number 6. nationality 7. occupation For transaction exceeded BRL 250,000.00 as 365 days limit, the following information / document of beneficiary is required: 1. Full name and Tax ID from the beneficiary or payer; 2. Invoice or equivalent document proving the reason for payment 3. Beneficiary’s official personal identification document, as copy of the national identification card or equivalent and tax ID; ; and. 4. Proof of address from the beneficiary. 5. e-mail 6. phone number 7. nationality 8. occupation 9. Annual tax declaration from beneficiary or other official and equivalent document proving the financial capability (outbound operations)
Maximum Beneficiary	No restriction
Service Charge	Transaction Fee will be refund if the transaction is Rejected.
Cancellation Process	Cancellation is on best effort basis.
Remarks	- Beneficiary ID number is required for bank validation purpose- RecipientTIN (CPF for person or CNPJ for companies) - Branch ID is required (4-5 digits code) Notes : For CNPJ, please use bIdType = 6
Do_Transfer bAccType Value	1

Supported bank

No	Name	Issuer Code
1	BANCO DO BRASIL S.A. - BB	550001
2	BANCO DA AMAZONIA S.A.	550002
3	BANCO DO NORDESTE DO BRASIL S.A.	550003
4	BANESTES S.A. BANCO DO ESTADO DO ESPIRITO SANTO	550004
5	BANCO BANDEPE S.A.	550005
6	BANCO ALFA S.A.	550006
7	BANCO ITAU CONSIGNADO S.A.	550007
8	BANCO SANTANDER S.A.	550009
9	BANCO BRADESCO BBI S.A.	550010
10	BANCO DO ESTADO DO PARA S.A.	550011
11	BANCO DO ESTADO DO RIO GRANDE DO SUL S.A. BANRISUL	550012
12	BANCO DO ESTADO DE SERGIPE S.A. BANESE	550013
13	BRB - BANCO DE BRASILIA S.A.	550014
14	BANCO INTERMEDIUM S.A.	550016
15	UNIPRIME - COOPERATIVE DE CREDITO NO NORTE DO PARANA	550017
16	COOPERATIVA CENTRAL DE CREDITO URBANO - CECRED	550018
17	UNIPRIME CENTRAL	550019
18	XP INVESTIMENTOS CORRETORA DE COMBIO	550020
19	CAIXA ECONOMICA FEDERAL - CEF	550021
20	BANCO AGIBANK S.A.	550022
21	BANCO CRESOL	550023
22	CONFEDERACAO NACIONAL DAS COOPERATIVAS CENTRAIS UNICRED	550024
23	BANCO BTG PACTUAL S.A.	550025
24	BANCO ORIGINAL S.A.	550026
25	BANCO BS2 S.A.	550027
26	BANCO BRADESCO S.A.	550028
27	BANCO MAXIMA	550029
28	BANCO ABC BRASIL S.A.	550030
29	BCV - BANCO CREDITO E VAREJO S.A.	550031
30	PARANA BANCO S.A.	550032
31	NUBANK - NU PAGAMENTOS S.A.	550033
32	PAGSEGURO INTERNET S.A.	550034
33	BANCO BMG S.A.	550035
34	ITAU UNIBANCO S.A.	550036
35	BANCO MERCANTIL DO BRASIL S.A.	550038
36	HSBC BANK BRASIL S.A. - BANCO MULTIPLOC	550039
37	BANCO SAFRA S.A.	550040
38	BANCO RENDIMENTO	550041
39	BANCO VOITER	550042
40	BANCO A.J. RENNER S.A.	550043
41	BANCO VOTORANTIM S.A.	550044
42	BANCO CITIBANK S.A.	550046
43	BANCO COOPERATIVO SICREDI S.A.	550047
44	BANCO COOPERATIVO DO BRASIL S.A. - BANCOOB	550048