Open a Bank Account in Brazil for Investment and Business

A Brazilian bank account is an essential asset for anyone looking to invest in Brazilian bonds, stocks, or engage in the real estate market. Opening a bank account in Brazil can be a complex and confusing process due to various regulations and bank-specific procedures. At CKSA, we simplify this process for you, offering comprehensive support to ensure your bank account in Brazil is successfully opened.

Bank account in Brazil

Why Choose CKSA for Your Brazilian Bank Account

At CKSA, we specialize in providing expert guidance and assistance in opening personal and business bank accounts in Brazil. Here’s why you should consider our services:

In-Depth Knowledge: We have a deep understanding of the intricacies of Brazilian banks and their account opening procedures, ensuring a smooth and efficient process.
Partnership with Leading Banks: CKSA is proud to be partners and distributors of major Brazilian banks. This partnership allows us to streamline the Know Your Customer (KYC) process, provide essential business opinions, and represent you during the personal interview required by the Brazilian Central Bank.
Remote Account Opening: You don’t need to be physically present in Brazil to open your bank account. CKSA’s consultants will visit the bank branch on your behalf, ensuring a hassle-free remote account opening process.

CKSA’s Brazilian Bank Account Opening Service*

– Price: US$ 4,000.00 –

*Your checking or savings account comes linked with a Bovespa Brokerage Account.

What’s Included in Our Service

Our comprehensive Brazilian bank account opening service includes:

CKSA’s Banking Specialists Team completing application forms on your behalf and obtaining your signature.
Elaboration of a detailed account opening plan (for individual applicants) or a business plan (for corporate applicants) to support your bank account application.
Submission of application forms and plans to the bank along with personal or corporate due diligence information.
CKSA’s local officer in Brazil representing you during the bank interview, explaining your professional or business activities and the necessity of a Brazilian bank account.
Opening your Brazilian bank account remotely, without your presence in Brazil.
Handling the initial deposit to the Brazilian bank branch on your behalf and sending you a scanned copy of the deposit bank slip for verification.
Application for internet banking facilities on your behalf, with instructions and credentials sent to you separately.
Application for ATM card, credit cards, and checkbook, with delivery to your address in separate correspondences.

Do I Need to Be in Brazil?

No, you do not need to be physically present in Brazil to open your bank account. CKSA’s partnership with Brazilian banks enables us to represent you and facilitate the entire account opening process remotely.

Documents Required for Opening a Bank Account in Brazil

For Individuals:

CPF number
Foreigners opening a bank account in Brazil must have a CPF number, which is the identification for individual taxpayers. If you don’t have a CPF number, see how to obtain one here .

Passport
Foreigners applying for a bank account in Brazil need to present a Passport or a RNE (the identity card issued to foreigners in Brazil).

Proof of address
Proof of residence from your country of residence is acceptable and preferred, as it will be used for sending cards, passwords, and bank statements.

For Companies and Organizations:

CNPJ number
Foreigner companies opening a bank account in Brazil must have a CNPJ number, which is the identification for corporate taxpayers. If your company don’t have a CNPJ number, see how to obtain one here .

Passports of entity signatories
Foreigners applying for a bank account in Brazil need to present a Passport or a RNE (the identity card issued to foreigners in Brazil).

Proof of address
Proof of residence only for directors or managing members applying for debit/credit cards. But it doesn’t need to be from Brazil. It may be from your country of residence and it is even better, since the address shown on the document will be used for sending cards, passwords and bank statements.

Brazilian Bank Account Modalities:

Brazilian Checking Account

Ideal for transactions through debit cards, checks, and online banking, with access to all financial institution products and services.

Savings Account

Savings account is not only a modality of Brazilian bank account. It’s one of the most traditional financial investments in Brazil. Brazilians consider this kind of account a safe have.

No Red Tape, Just Results

Bank account in Brazil

With CKSA Consulting Services, opening a Brazilian bank account becomes a seamless experience. Focus on your investments while we handle the bureaucratic aspects for you.

CKSA’s Brazilian Bank Account Opening Service*

– Price: US$ 4,000.00 –

*Your checking or savings account comes linked with a Bovespa Brokerage Account.