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Brazilian bank account

How to properly link an account in national currency

Updated over 5 months ago

Before linking an account, make sure that your account is verified and tax information is added. Freelancer's personal data is a mandatory requirement for transfers to a Brazilian bank account.

  • To check the verification status or start account verification, go to Profile page by clicking to your name in the Menu.

  • To enter tax information use the instructions below.

Linking a national currency account

To link a Brazilian bank account, go to Finances, select tab Payment methods, and click Bank account.

Important! The freelancer's name, taxpayer ID, and residential address must match those of the account's beneficiary. The bank account must be denominated in the national currency. Bank Accounts in other currencies cannot be used for payments.

An SMS with a confirmation code will be sent to your phone. After you enter the code, select your bank and provide the bank account details:

  • Choose your bank in the Bank drop-down menu.

  • Enter your Bank Branch code. For certain banks the codes' formats should meet the requirements - see the table below.

  • Select the Account Type: Checking or Savings

  • Fill in the Bank account number. For certain banks the account numbers' formats should meet the requirements - see the table below.

  • Check the box to agree to the Terms of Use and the Privacy Policy.

  • Save your account details by clicking Link.

Depending on the freelancer’s tax status, transfers to a Brazilian bank account can be a subject to tax withholding. That means making payments to a Brazilian bank account requires tax information. To learn more about taxes in Brazil, see Freelance and Taxes: Brazil

Adding Tax Information

  • In your account, go to Finances and select the tab Tax information

  • Click Document type and select your document type. If you have passed verification with one of these documents, then choose that one: CPF or CNPJ. Please note that a legal entity's (company's) RN number cannot be used for payouts.

  • Enter the document number of the chosen document under the Document number or code:

    • CPF is 11 digits. You may enter in both ways following the examples: 450.539.758-09 or 45053975809.

    • CNPJ: is 14 digits. You may enter in both ways following the examples: 55.694.732/0001-10 or 55694732000110. Please note that a legal entity's (company's) RN number cannot be used for payouts.

  • Carefully review the data and press Enter tax information.

Bank Branch and Bank Account Number format requirements for certain banks

  • X - Digits

  • D - Digits and characters

Bank name

Bank Branch

Checkings Account

Savings Account

Banco do Brasil S.A.

XXXX, XXXXD or XXXX-D

XXXXXXXX or XXXXXXXX-X

XXXXXXXXX or XXXXXXXXX-X
The number starts from: 51, 52, 61, 96 or 97

Banco Santander Brasil S.A.

XXXX

XXXXXXXX-X
The number starts from: 01, 02, 11, 13, 29 or 77

XXXXXXXX-X
The number starts from: 60

Caixa CEF

XXXX, XXXXX or XXXX-X

XXX.XXXXXXXX-X
All combinations can be entered without the symbols "." or "-"
The number starts from: 001, 010, 003 or 023

XXXX.XXXXXXXX-X
The number starts from: 0000

XXX.XXXXXXXXX-X
The number starts from: 000

XXX.XXXXXXXX-X
The number starts from: 013, 022
All combinations can be entered without the symbols "." or "-"

Banco Bradesco S.A.

XXXX, XXXXX or XXXX-X

XXXXXXX or XXXXXXX-X

XXXXXXX or XXXXXXX-X

Itau Unibanco S.A.

XXXX

XXXXX-X or XXXXXXX-X

XXXXX-X or XXXXXXX-X

HSBC Bank Brasil S.A.

XXXX, XXXXD, XXXXDD, XXXX-D or XXXX-DD

XXXXX-XX

XXXXX-XX

Other banks

XXXX, XXXXD, XXXXDD, XXXX-D or XXXX-DD

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