Thread: Bank accounts?

What do you need to get a bank account in Brazil? How much does it cost to open one?

I don't know how you can get one if you are not a citizen. If you are a citizen you need ID and a deposit. I think they need to verify your address, but your address should be on the ID. Other than that, you just need to know all your personal information and numbers.

I heard for non-residents you can only open an account if you do some big investment there. What are the well know local banks you have there?

I am a non-resident, I never had such instance, as I carried my credit cards with me. But i think there will be surely some extra formality for opening an account for a non-resident person in another country.

Just curious which banks are well known and popular over there? Are there many international banks over there like Citibank?

Don't know much about that. But ya, you can find CitiBank there for sure as it has it branches all over South & North America.

yes there are some international banks like HSBC bank in brazil.

I guess you can find Citibank in almost every country, being the largest bank in the world. What about local banks over there?

local banks are good,some friends of mine who had international bank cards were able to access their ATM with some fees.

I found couples of local banks names, while googling but to my surprise, there is no mention of Citibank but HSBC...

http://en.wikipedia.org/wiki/Category:Banks_of_Brazil

What do you know, that's kinda weird as I checked and there is citibank in Brazil if I'm not mistaken even though it's not listed in the wiki:

http://www.citigroup.com/citigroup/global/bra.htm

I was thinking of using those international bank's ATM over there.