[RalphJ]

Originally Posted by GUAPITO

Hi there,

I don't get why the offiicial position of "all" Brazilian bank here is to refuse you opening of a personal account without you presenting them your "plastic" RNE

First, If I'm a foreigner willing to deal in some illegal markets in Brasil, having a "final RNE" won't stop me from leaving through the closest borderline the day I want to emptying my Bank account before...

Second, does the fact of having a legal Brasilian ID stops Brazilians escrow from robing ???
Did that ever work in any country in the world ?

Third, how come the same Bank who accepted your Money as a Foreign investor won't give you credit to have your personal own Bank account opened with them ?
There are ways not to let people feel like a milk-cow !

...Finaly, talking about RNE, things DID Change, just look at my business partner (married to a Brazilian) he applied for the RNE and recetly received it ! (after 8 yrs waitting)
... now everyone is expecting delays of "only" 2 years !

Someone at the P.F. told me that the RNE machine in Brasilia was broken and that's why everything delayed so much...

One would think, why don't they ask to the same guys who make our Brazilian CPF cards ?
Those are delivered to your door in just 60 days !

In a great country able to make Cars and Planes, noones knows how to fix a plastic card machines ? come on...

Abraços, from the Land of Social Equality !

LOL....you're right! The machine that makes RNE cards was broken!! One of my best friends, a portuguese investor, was told the exact same thing! He just recieved his RNE card, permanent visa, after 22 months of waiting. I've NEVER heard of anything like eight years! It normally is around two. I received mine in 18 months but only because my ex, who works for the federal gov't, went to Brasilia and checked up on it.

The problem with bank accounts for foreigners is one of money laundering. Today banco central makes ALL banks that open "C5" accounts adhere to very strict reporting methods for every single transaction from one of these types of accounts. Instead of doing that, they prefer not to open them at all. Matter of fact, two years ago, when banco central changed these reporting requirements, many banks that had these types of accounts closed them!