Brazil

Overview

Transfer method	Local	SWIFT
Supported currency(ies)	BRL	AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR
Payment scheme	CIP-SILOC
Flight time (business days)	0-1	0-3
Maximum transaction limit	No limit*	No limit
Ultimate payer displayed		Yes

*Note that Airwallex may request for further information if transfer exceeds the monthly compliance limit of 10,000 USD per beneficiary.

Please refer to the sections below for the key required bank details and other considerations for each supported transfer method.

Local BRL payout

Required fields	Permitted Data	Notes
`account_currency`	3-letter ISO 4217 currency code	Should be `BRL`
`account_name`	Up to 100 characters	Account holder name of the beneficiary’s bank account
`account_number`	Up to 50 alphanumeric characters with `.` and `-`	See below on Brazilian bank branch code and account number formats
`account_routing_type1`	`bank_code` only
`account_routing_value1`	3 digits	Should be a valid and supported bank code
`bank_account_category`	One of `Checking`, `Savings`	Confirm bank account type with the recipient to avoid transfer delays
`bank_branch`	4-7 alphanumeric characters with `.` and `-`	See below on Brazilian bank branch code and account number formats
`bank_country_code`	2-letter ISO 3166-2 country code	Should be `BR`

Brazilian bank branch code and account number formats

Depending on the Brazilian bank and account type which you’re paying to, the bank branch code and account number format are different:

Bank name	Bank code	Bank branch code format*	Checkings account number format*	Savings account number format*
Banco do Brasil S.A.	`001`	XXXX, XXXXD or XXXX-D; This should be 4 digits, or 4 digits followed by 1 alphanumeric character. You may include a hyphen.	XXXXXXXX or XXXXXXXX-X; This should be 8 digits, or 8 digits followed by a 1-digit suffix. You may include a hyphen.	XXXXXXXXX or XXXXXXXXX-X; This should be 9 digits, or 9 digits followed by a 1-digit suffix. You may include a hyphen.
Banco Santander Brasil S.A.	`033`	XXXX; This should be 4 digits.	XXXXXXXX-X; This should be 8 digits followed by a 1-digit suffix. You may include a hyphen.	XXXXXXXX-X; This should be 8 digits followed by a 1-digit suffix. You may include a hyphen.
Banco Bradesco S.A.	`237`	XXXX, XXXXX or XXXX-X; Should be 4 digits, or 4 digits followed by a 1-digit suffix (may include hyphen).	XXXXXXX or XXXXXXX-X; This should be 7 digits, or 7 digits followed by a 1-digit suffix. You may include a hyphen.	XXXXXXX or XXXXXXX-X; This should be 7 digits, or 7 digits followed by a 1-digit suffix. You may include a hyphen.
Caixa CEF	`104`	XXXX, XXXXX or XXXX-X; This should be 4 digits, or 4 digits followed by a 1-digit suffix. You may include a hyphen.	XXX.XXXXXXXX-X or any combination with or without `.` or `-` characters and prefix or verification code; This should be 11 digits followed by a 1-digit suffix. You may include a period and a hyphen.	XXXX.XXXXXXXX-X, XXX.XXXXXXXXX-X, or XXX.XXXXXXXX-X, all the combinations with or without `.` or `-` characters; This should be 11 to 12 digits followed by a 1-digit suffix. You may include a period and a hyphen.
HSBC Bank Brasil S.A.	`269`	XXXX, XXXXD, XXXXDD, XXXX-D or XXXX-DD; This should be 4 digits, or 4 digits followed by a 1-2 alphanumeric character suffix. You may include a hyphen.	XXXXX-XX; This should be 5 digits followed by a 2-digit suffix. You may include a hyphen.	XXXXX-XX; This should be 5 digits followed by a 2-digit suffix. You may include a hyphen.
Itau Unibanco S.A.	`341`	XXXX; This should be 4 digits	XXXXX-X or XXXXXXX-X; This should be 5 digits followed by a 1-digit suffix, or 7 digits followed by a 1-digit suffix. You may include a hyphen.	XXXXX-X or XXXXXXX-X; This should be 5 digits followed by a 1-digit suffix, or 7 digits followed by a 1-digit suffix. You may include a hyphen.
Other banks		XXXX, XXXXD, XXXXDD, XXXX-D or XXXX-DD; This should be 4 digits, or 4 digits followed by a 1-2 alphanumeric character suffix. You may include a hyphen.	This should contain 1 to 50 characters.	This should contain 1 to 50 characters.

* Note:

X: Numeric character
D: Alphanumeric character

Beneficiary ID

For local payouts to Brazil, you will need to provide ID number as part of beneficiary information:

Required fields	Permitted Data	Notes
For business beneficiaries (`COMPANY`)
`business_registration_number`	14 digits	Business tax ID (CNPJ: Cadastro Nacional de Pessoas Jurídicas) as registered with the bank account
For individual beneficiaries (`PERSONAL`)
`personal_id_type`	Should be `INDIVIDUAL_TAX_ID`	Individual tax ID (CPF: Cadastro de Pessoas Físicas) as registered with the bank account
`personal_id_number`	11 digits

The Brazilian government sets a 0.38% tax (Imposto sobre Operações Financeiras: Tax on Financial Operations) per transaction, which is collected as part of transfer fees. Learn more about financial transaction taxes here .

SWIFT payout

Required fields	Permitted Data	Notes
`account_currency`	3-letter ISO 4217 currency code	One of `AUD`, `CAD`, `CHF`, `CNY`, `CZK`, `DKK`, `EUR`, `GBP`, `HKD`, `HUF`, `ILS`, `JPY`, `NOK`, `NZD`, `PLN`, `RON`, `SEK`, `SGD`, `THB`, `TRY`, `USD`, `ZAR`
`account_name`	2-200 characters	Account holder name of the recipient’s bank account
`account_number`	Up to 50 alphanumeric characters
`swift_code`	8-11 alphanumeric characters	Should be a valid and supported BIC-8 or BIC-11 code
`bank_country_code`	2-letter ISO 3166-2 country code	Should be `BR`