Quote:
Originally Posted by RalphJ
That is correct. But try going to Banco do Brasil and telling them, "hey, it's on Banco Central's website, I can get an account simply with my CPF number and passport."
They'll say, "maybe so, but not here." 
Unfortunately I've beat my head against the wall quite a few times with these folks. The unfortunate situations come into play when people that you would hope to know what they're doing absolutely have no idea. And I'm not talking about simple bank employees,etc. I'm talking about branch managers in many cases. Unfortunately one must, in many cases, "find" a bank manager or someone in the bank (banco do brasil), that is familiar with working with foreigners and international money transfers. And in the northeast it is NOT easy. Salvador is exceptional for the northeast in my experience as far as this goes as they've had and are continuing to have numerous foreign investments and have competent people working in this area. |
The only problems we have had with money transfers are when the sending bank puts the wrong information in the transfer about the sender, which means that the sender's name cant be matched to the contract of sale and the money just ends up getting returned to the sending bank.
Other than that we have found that transfers to the northeast go pretty smoothly.