Brazil - Global Business Account

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Vaios01

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Feb 14, 2019
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Hi All,

I am looking to setup an online Business Account for a company registered in Brazil that provides a USD account.
I am a longtime user of Wise but despite claiming they operate in Brazil they are not opening any accounts at the moment.

I have checked with a dozen other companies and none seem to allow Brazilian registered company's to register.

Can anyone recommend any please?

Thanks
 
FVBank in Puerto Rico could work - you will have a local USD account with‌ them. Otherwise, maybe some Lithuanian EMIs, but they have to process USD via correspondents, which‍ is more difficult.

You could try Bankera in LT, which has Incore Bank as a⁠ correspondent. Currenxie in HK also accepts Brazillian companies and offer USD accounts. I guess that⁤ Payoneer can work as well, they have USD local and SWIFT, but only local for⁣ other currencies like EUR or GBP. Maybe PaySet could accept as well, but they are⁢ on the pricier side for most businesses. There are generally quite a few EMIs that︀ can serve you, but you need to make sure that they don't use Currency Cloud︁ (it doesn't accept Brazil for BaaS users) and that they do have a correspondent for︂ USD.
 
In addition to all the above, Interpolitan Money perhaps︃ also worth checking; WorldFirst too; and also Statrys in HK (although I am really unsure︄ about the last one re: Brasil companies).
I would add Paysera from Lithuanian EMIs but︅ I am not sure whether they are using The Currency Cloud or not, currently...
 
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