Remittance

Banco Rendimento is a pioneer in the payment of microtransfers in Brazil. Through a partnership with foreign remitters, the Bank executes orders sent to beneficiaries in the country, so they can receive funds in Reais directly in their bank accounts, safely and quickly.

How to transfer funds to Brazil?

Understand, step by step, how to conduct this transaction from abroad.

Search for a correspondent

Banco Rendimento has currency exchange correspondent partners in several parts of the world. At the bottom of the page you will find a list organized by country.

Enter the beneficiary data

Required data are: CPF (SSN), bank, branch and account (checking or savings) where money shall be deposited. Important: the beneficiary doesn't need to have a bank account at Banco Rendimento.

Payment in local currency

Whoever sends the remittance must make the payment at the correspondent in local currency. Currency exchange, that is, the conversion of the amount in Reais, occurs through the system and is processed by Banco Rendimento's partner. The Bank, in turn, receives the order and deposits the funds in the informed account.

How does it work?

To send funds from abroad to beneficiaries in Brazil, remittance services such as Paypal and Transferwise are used. After sending the amount, these remitters perform the currency exchange operation, converting the dollar amount in Reais, for example, and sending a payment order. In Brazil, this order is received and executed by Banco Rendimento, which credits the amount directly to the beneficiary's bank account.

Bill payment

Banco Rendimento performs direct payment transactions from abroad of bills issued in Brazil. This means that a customer who is abroad and needs to make a payment in the country, only needs to enter the bar code number of the bank slip (boleto). System integration of the remitter partner with Banco Rendimento allows the payment to be executed in Reais.

Prepaid Cards

Through prepaid cards, Banco Rendimento makes payment for remittances that enable the beneficiary to use it as a standard bank card, for example, making withdrawals, payments, among others. It works like this: the remitter sends the customer order to Banco Rendimento, already in Reais, and the Bank issues a prepaid card to the beneficiary, which arrives directly at your address.

Regularized CPF (SSN)

For a remittance to occur correctly, the beneficiary's CPF must be regularized. You can check your registration status on the Brazilian IRS website.

Check CPF

Transaction receipt

If you have transferred funds through remittance and want to obtain a transaction receipt, just click on the button below, having the CPF or passport number of the beneficiary and the amount received.

Get Receipt

Currency exchange correspondents

Check the list of currency exchange correspondents that are Banco Rendimento partners around the world.

Check The List

For more information

Speak to Banco Rendimento.

From Brazil

Call 0800 771 7456.

From the United States

Call 1 886 727 2745.

Business Hours

Monday to Friday, from 9 am to 5 pm (Brasília time).

Frequently Asked Questions

I have a pending receiving from abroad and so far I have not received the payment or notification of the order.

Upon receipt, we will credit your order on the same day, if you have not reached the maximum allowed threshold without additional documentation. If so, we will contact you soon.

I did my transaction with International partners; why should I send my documents to Banco Rendimento?

Banco Rendimento acts as an international correspondent that provides payments, and is obliged by the Central Bank of Brazil to keep the registration documents and the origin of the funds according to their use.

If the total amount operated in the last 12 months exceeds R$ 100,000.00, Banco Rendimento will ask for: Identification document, CPF, proof of address, forms of Banco Rendimento (registration form and power of attorney) and documents to prove the origin of the funds.

How can I prove the Source of the funds?

Through the Income Tax of the country where you currently reside or the income statement of the country of residence (W2, P60, ..) or even, employment contract with the last three pay slips. If you are self-employed, we will ask for bank statements from the last six months.

If your order is to your Business (CNPJ) for services (example: computer services), please share the  contract between the parties and Invoice.

I am receiving an order regarding the sale of a property, which documents should I send?

If the property is located in Brazil, please send: Banco Rendimento forms (registration form and power of attorney), Identification Document and Proof of address, Income Tax Return and Receipt stating the property declared and the contract for sales contract of the property.

If the property is located abroad, please send: Last income tax return or Sales contract and bank statement with receipt of the resource in a checking account.

If the property is not declared?

Send updated property registration.

I am receiving the operation from my boyfriend / girlfriend and we do not have an official document to prove the bond, what should I send?

Forms of Banco Rendimento (registration form and power of attorney), Identification Document, Proof of address and documents proving the relationship, such as: proof of residence, joint credit card, rental agreement, purchase and sale contract of some property.

I am a freelancer and receive services provided to foreign companies / platforms. What documents should I send?

If you are an Individual: Please share the forms of Banco Rendimento (registration form and power of attorney), Identification document, Proof of address, Contract of employment between parties and an invoice for each payment request received abroad.

If you are a Legal Entity: Submit the documentation above mentioned and the updated Financial Statements.

I rent the property from a third party, what documents should I send?

Forms of Banco Rendimento (registration form and power of attorney), Identification Document and Proof of address. Additionally, we may request:

  • Service contract between the property owner and the lessor on the Airbnb platform;
  • Property listing link on the Airbnb platform;
  • E-mail with proof of receipt of the lease;
  • Last Income Tax, or just the page with the declared property or property registration (if Individual lessor).
Rent my own property, what documents should I send?

Forms of Banco Rendimento (registration form and power of attorney), Identification Document and Proof of address. Additionally, we may request:

  • Last Income Tax, or just the page with the declared property or registration of the property;
  • Property listing link on the Airbnb platform;
  • E-mail with proof of receipt of the lease
I am a contracted employee of a foreign company and I receive my salary via the Banco Rendimento exchange operation. What documents should I send?

Please share the forms of Banco Rendimento (registration form and Power of Attorney), Identification Document, Proof of address and Employment contract between the parties.

If you still have questions, please contact us.

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