We know moving to another country is hard and harder when you are to moving to a country where they don't speak English, in Brazil, they speak Portuguese and the people generally do not speak English I have traveled alot and most non-English countries that I have visited most people speak English but in Brazil, the case is different so you need to understand Portuguese to navigate around and I must say the Brazilian people are nice and they are always willing to help you so you can use your google translator.
When I got to Brazil I wanted to open an account to save money and build my credit profile and in Brazil, people use credit cards for almost everything even the vendor on the street accepts credit cards and this is where my bank journey began and I must say it was not easy because I close from work at 4pm and banks in Brazil close at 4pm.i would be talking about the major banks in Brazil, Banco Bradesco, banco itau, Banco do Brazil, caixa.
Banco Bradesco: I was told by someone when I got to Brazil that I have to wait for 6months and get my permanent document but that was not true because of covid I was tired of waiting so went to the banco Bradesco near me and lo and behold they accepted the document I had and they even gave me a credit limit of 1000 reais and I did all this with my Google translator and they were so nice and patient with me.
Banco itau: Itau was very stressful for me because even after waiting in a very long queue, I was told I could not open a savings account with my document and they needed the original resident permit before I can open an account and they were nice as well as I met a lady that spoke some English, I ended up opening the account when I got my main document and savings account in Brazil do not take charges unlike the current account where you pay a monthly fee
Banco do brazil: I had the same issues with Banco do Brazil when I wanted to open an account they refused to open the account with my document and they were nice as well and I even met a nice guy that speaks perfect English and we became friends and I ended up opening an account when I got my main document
Banco Caixa : They refused to open the account with the paper document I had
So to me, the winner is banco do Bradesco, this is solely based on my experience and my opinion about the best bank for foreigners in brazil
Wow great
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