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🇧🇷 Sending to Brazil

BR · BRA · +55 · South America

BRL

IBAN optional   SWIFT BIC required

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Required information

  • IBAN or domestic account number

    IBAN strongly recommended. See account format for details.

  • SWIFT BIC

    Beneficiary bank BIC (8 or 11 characters).

  • Purpose-of-payment code (ISO 20022 list)

    See purpose-of-payment section for the required scheme.

  • Beneficiary full name

    Spelled out exactly as registered at the bank. No initials or abbreviations.

  • Regulator-mandated fields

    Beneficiary phone number + others

For your end users

Brazil: An 11-digit CPF (individual) or 14-digit CNPJ (corporate) is mandatory for FX wires, plus phone and email on the counterparty record.

Real-Time Alternative

PIX (Banco Central)

Last reviewed by GIB compliance on 2026-05-19. Reference material only.

  • Currency

    BRL

  • Typical settlement

    1-2 business days; FX-control reporting can extend by 1 day.

  • SWIFT BIC

    Required

  • Local clearing

    STR / SPI / SITRAF

Account format

How beneficiary account numbers are structured for Brazil. Failure to match this format is the single most common reason wires are rejected at the destination.

Field Value
Format tier IBAN optional (recommended)
Length 29 characters (BR + 27)
Validation regex ^BR[0-9]{2}[0-9]{8}[0-9]{5}[0-9]{10}[A-Z][0-9A-Za-z]$
Example BR1800360305000010009795493C1

Routing identifiers

Which routing codes the wire-creation API call must include for Brazil.

Field Value
SWIFT BIC Required
None Optional
Local clearing STR / SPI / SITRAF

Counterparty fields

Party details the destination expects on the beneficiary. Mandatory fields are required by the destination; recommended fields reduce the chance of a delay or return.

Mandatory:

  • Beneficiary phone number (Cdtr/CtctDtls/PhneNb)
  • Beneficiary email address (Cdtr/CtctDtls/EmailAdr)
  • Whether the beneficiary is a company or a person (Cdtr/Id/OrgId or Cdtr/Id/PrvtId)
  • Beneficiary identifier, such as a tax or registration number (Cdtr/Id/OrgId/Othr/Id or Cdtr/Id/PrvtId/Othr/Id, with SchmeNm) — 11-digit CPF (individual) or 14-digit CNPJ (corporate/NGO/org) Scope: FX only

Purpose of payment

Put a code from the ISO 20022 list in <Purp><Cd> (purpose_code). Requirement: ISO 20022 code required (confirmed) GIB check: a missing or unexpected purpose is reported as a validation warning; the wire is not held.

Standard list applies

Brazil doesn't publish a country-specific PoP scheme. Use the ISO 20022 standard purpose codes.

Field Value
Source ↗ BCB Resolution 277

Remittance info

Extra content the regulator requires inside the free-text remittance field, beyond the purpose-of-payment code.

Payment purpose must be clearly identified.

Operational notes

Field Value
FX minimum (USD) $25
Currencies accepted BRL
Typical settlement 1-2 business days; FX-control reporting can extend by 1 day.
Banking holidays ↗ Calendar

Common rejection reasons

Documented patterns that cause this country's banks to return wires. Universal reasons (sanctions holds, missing BIC) aren't repeated here.

Missing legal_id (11-digit CPF or 14-digit CNPJ).
Missing phone or email on counterparty record (required by regulator for FX wires).
Missing or unclear payment purpose.
Beneficiary name mismatch.
Sanctions or compliance hold.

Validate before you send

Check identifiers before you submit. The IBAN check runs in your browser (format plus the ISO 13616 MOD-97 check digit). GIB's API checks the IBAN format for countries where an IBAN is required. The BIC lookup searches GIB's BIC directory and needs a dashboard login.

IBAN check

Format: ^BR[0-9]{2}[0-9]{8}[0-9]{5}[0-9]{10}[A-Z][0-9A-Za-z]$ · MOD-97 (ISO 13616) check digit verified locally.

BIC lookup

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References

First-party sources — central banks, FX regulators, ISO registries. Always re-verify against these before pushing volume to a new corridor.

Disclaimer

These country guides aggregate information from central banks, regulators, and industry-standard references. Global Innovations Bank reviews them on a rolling cadence and notes the verification date on each page. Payment-corridor rules change between releases, so we cannot guarantee continued accuracy.

Always verify against the primary sources linked in the References section before going live in a new corridor. Re-check applicable sanctions lists (OFAC, EU, UK, UN consolidated, and any state-level requirements) at the time of payment, since designations shift between our refreshes.

For fintech partners on GIB's sponsor-bank rails, these guides do not replace your BSA/AML, KYC, sanctions-screening, or transaction-monitoring obligations under your program agreement with GIB.

Nothing in this material constitutes legal, tax, or regulatory advice, and wire-acceptance decisions remain at the discretion of GIB Compliance and the destination bank.

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