Your financial bridge to Brazil. Open an account with Trace Finance under a multi-bank structure, fully compliant with all Bacen regulations.
Trace's Non-Resident Account (NRA) is designed for companies without tax residency in Brazil. This account allows non-residents to manage their financial resources in Brazilian reais within the country without limitations, facilitating investment operations, import and export activities, payment of services, and payment processing.
Talk to specialistsEnjoy the flexibility of conducting financial transactions in Brazil without the constant need for currency conversion.
An excellent option for centralizing accounts payable and receivable in Brazil, eliminating the need for symbolic currency exchange.
Simplifies asset and liability management for non-residents, allowing for better resource allocation and financial planning.
Transfers between accounts under the same ownership (from Brazil to abroad and vice versa) benefit from a reduced IOF tax rate of 0.38%, compared to the standard rate of 1.1%.
Achieve more efficient management of international cash flows, making it easier to receive and send payments across different jurisdictions. The NRA provides a means to conduct transactions in Brazilian reais directly, reducing costs associated with frequent currency conversions and increasing agility in financial operations.
Talk to specialistsWe simplify foreign exchange for your business with robust APIs. We streamline currency exchange operations securely, ensuring effective foreign exchange risk management and protection against fluctuations.
We offer foreign exchange correspondent services, supporting currency exchange operations with agility and security. Our innovative approach ensures the compliance and efficiency needed for financial success.
We streamline onboarding and paralegal processes, including registrations and offshore operations. Full assistance in RDE-ROF/IED, CDNR, EIN, Flip, ensuring compliance and up-to-date records.