Brazil Guide: Money
Our money guide provides information on bank accounts, money exchange, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.-
Introduction Brazilian banks and currency
Brazil has a very advanced banking industry and with the adoption of the Real (R$) in 1994, inflation is finally under control thanks to the stablility of the currency. more » -
Bank accounts How to open a bank account in Brazil
The process of opening a bank account in Brazil is quite straightforward. However, foreigners are only authorised to open an account if they hold a residence visa. more » -
Money in Brazil Cash, cards and ATMs
Brazil has a very extensive banking network and ATMs are widely accessible. The popular international credit and debit cards, such as VISA, MasterCard, Cirrus and Maestro are nationwide accepted. more » -
Money transfers How to transfer money in Brazil and abroad
Money transfers in Brazil are very convenient, but also very expensive. You can pay most of your bills online or use the wide network of banking service points to perform your banking transactions. more » -
Taxes in Brazil Income and other taxes
The Brazilian taxation system is very extensive. Taxes are levied at the state level as well as on district and municipality levels. This leads to numerous different taxes so you might consider consulting a specialist for your initial time in Brazil. more »