Translation - art & business » Money matters »
Online Bank Transfer - To a Brazilian bank account
Thread poster: Karen Picolin
Karen Picolin
Karen Picolin  Identity Verified
Brazil
German to Portuguese
+ ...
Sep 8, 2005

Hello everyone,

I recently did a translation job for a german agency, they are trying to transfer the money online to my bank account, but it seems that every informtion I gave them was not enough.
I gave the swift number and they are asking me for an IBAN number, and that I dont believe is used in Brazil.
Does anyone have any kind of experience with that?
Thank you in advance
Karen
 
Uldis Liepkalns
Uldis Liepkalns  Identity Verified
Latvia
Local time: 16:42
Member (2003)
English to Latvian
+ ...
AFAIK, IBAN is used only in EU Sep 8, 2005

However, SWIFT No is not enough, as identifies only your Bank, not your account, you should also give your account No and possibly your ID Code, Registration No, your and Bank's address and like.

Uldis

Karen Picolin wrote:

Hello everyone,

I recently did a translation job for a german agency, they are trying to transfer the money online to my bank account, but it seems that every informtion I gave them was not enough.
I gave the swift number and they are asking me for an IBAN number, and that I dont believe is used in Brazil.
Does anyone have any kind of experience with that?
Thank you in advance
Karen
 
Karen Picolin
Karen Picolin  Identity Verified
Brazil
German to Portuguese
+ ...
TOPIC STARTER
So I did Sep 8, 2005

Thank you Uldis
I did as you say,
But aparently there is a diference between online transfering and normal transfer as far as fees are concerned.
I would like to know if any Brazilians have that experience.
Thank you!
Uldis Liepkalns wrote:

However, SWIFT No is not enough, as identifies only your Bank, not your account, you should also give your account No and possibly your ID Code, Registration No, your and Bank's address and like.

Uldis

Karen Picolin wrote:

Hello everyone,

I recently did a translation job for a german agency, they are trying to transfer the money online to my bank account, but it seems that every informtion I gave them was not enough.
I gave the swift number and they are asking me for an IBAN number, and that I dont believe is used in Brazil.
Does anyone have any kind of experience with that?
Thank you in advance
Karen
 
Birgit Schrader
Birgit Schrader  Identity Verified
Brazil
Local time: 10:42
Member (2004)
Italian to German
+ ...
Fees Sep 8, 2005

Dear Karen,
yes, IBAN is used only in Europe, perhaps you should speak with your bank here in Brazil, how this works and especially concerning the fees involved! Not only there is a fee of the German bank (in this case the German agency should pay) but also of the Brazilian bank (perhaps depending on the bank), so you should check this. I once tried to receive money from a German bank on my Brazilian account and the fee involved war something about 20% of the total amount...Another possib... See more
Dear Karen,
yes, IBAN is used only in Europe, perhaps you should speak with your bank here in Brazil, how this works and especially concerning the fees involved! Not only there is a fee of the German bank (in this case the German agency should pay) but also of the Brazilian bank (perhaps depending on the bank), so you should check this. I once tried to receive money from a German bank on my Brazilian account and the fee involved war something about 20% of the total amount...Another possibility to receive money from Europe is Moneybookers.
Birgit ▲ Collapse
 
Karen Picolin
Karen Picolin  Identity Verified
Brazil
German to Portuguese
+ ...
TOPIC STARTER
Moneybrokers Sep 8, 2005

I think that is waht I will try, my bank is charging me up to USD 10,000 USD 15,00 per transaction, and in small amounts that seems quite a bit!

Thank you!!
Karen

Birgit Schrader wrote:

Dear Karen,
yes, IBAN is used only in Europe, perhaps you should speak with your bank here in Brazil, how this works and especially concerning the fees involved! Not only there is a fee of the German bank (in this case the German agency should pay) but also of the Brazilian bank (perhaps depending on the bank), so you should check this. I once tried to receive money from a German bank on my Brazilian account and the fee involved war something about 20% of the total amount...Another possibility to receive money from Europe is Moneybookers.
Birgit
 


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Online Bank Transfer - To a Brazilian bank account







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