Quote:
Originally Posted by robh
Try rendimento for a start.
Since the economy is booming I don't think they are worried about capital flight any more either, if anything capital flight would bring down the exchange rate.
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Rendimento??? What is this??? And why try this for a start?? What methods do you know of to send/receive money internationally that doesn't use Banco Central as the intermediary?? The word rendimento means "revenue". And "booming" economy, lol. Brazil may be "booming" of late, but we're talking growth rates of 4-5%. In the last 5 years only Haiti has grown at a slower rate than Brazil in Latin America and the carribean.
I'll give everyone a clue.....there isn't any. Even transfast, when receiving in Brazil requires the sender to include the receivers CPF number.....guess why? Because the transfer is registered with Banco Central and if over 10,000 reais then one has to personally appear at the receiving bank with justification.
I'll say this, my fiancé received a western union last Friday for $900 U.S. and has been trying since then to get it liquidated....until now she has not suceeded.
For anyone to compare the ease in sending and receiving money internationally from/to Brazil to sending/receiving to/from Europe or North America, once again, there is no comparison. And I've had a brazilian business for a decade, have a permanent visa, have children that are brazilian and have made literally hundreds of transfers, from small, to large, to my company as well as personal account.