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Overseas banking/Brazil

AmericasBrazilLicensed-entity research

Banco BTG Pactual S.A.

Banco BTG Pactual S.A. (Brazilian legal banking entity; CNPJ 30.306.294/0001-45). This entry does not substitute BTG Pactual’s holding company, brand or U.S. investment broker for the Brazilian bank entity. The CNR product page for non-residents does not clearly identify the contracting entity on the page that could be accessed; confirm the specific account-opening entity with the bank when applying.

Banco BTG Pactual S.A. is the candidate Brazilian legal banking entity corresponding to this file. BTG’s official pages describe CNR accounts for non-residents and PJ business accounts. Public information supports certain application routes and some document requirements, but does not justify a general claim that all individuals, foreign companies or non-residents anywhere in the world can open accounts.

Regulator
Central Bank of Brazil (Banco Central do Brasil, BCB)
Check date
2026-10-26
Verify status
Some information remains to be confirmed: BTG’s official CNR and PJ product pages, the Central Bank of Brazil’s entity directory information, the central bank’s 2024-year entity record, and official Brazilian AML, tax, and sanctions materials have been reviewed. The central bank’s 2024-year document confirms that this legal name and CNPJ appear in a regulatory record, but it is not proof of a current banking licence. The current authorisation category and permitted activities must be further verified against an entity-level record/certificate in the central bank directory. Complete conditions for ordinary Brazilian-resident personal accounts, PJ eligibility and specific documentation for foreign companies, non-resident video verification/third-party witnessing, the legal entity entering into the account contract, account-opening timelines, and deposit thresholds have not been publicly confirmed.

Research scope and official resources

Topic number:americas-banco-btg-pactual-sa

According to the record in selection.json, this institution is included based on a 2026 large-bank selection/regional ranking clue; the record does not claim an independent ranking for this entity and is not a current top 100 ranking, proof of licensing, or evidence that account applications are accepted.

Bank’s official website

Personal Eligibility and Documents

Personal: BTG’s Conta de Não Residente (CNR) is for individuals who are not Brazilian tax residents but need to conduct financial business in Brazil. The official page states that nationality is not a distinguishing factor; applicants must have a CPF, a Brazilian tax representative, and proof of overseas residence dated within the past 6 months. Anyone who was previously a Brazilian tax resident must also submit the Declaração de Saída Definitiva do País (Definitive Departure Declaration). The page states that CNR Light (taxable) can be applied for independently through the BTG Banking app; applicants for taxable CNR Full and special tax-regime accounts must contact a relationship manager, and the page also describes these as being offered by invitation through the relationship channel. The full eligibility, residence restrictions, and required documents for ordinary personal accounts for Brazilian tax residents could not be verified from the BTG personal-account help pages accessible in this review; CNR eligibility should not be extrapolated to ordinary accounts.

Personal information publicly disclosed or identified

  • 【Explicitly listed on BTG’s non-resident CNR page, for those who previously had tax-resident status in Brazil】Photo ID, CPF, tax identification number/NIF in the country of current residence, Brazilian final departure declaration, proof of address abroad; proof of address abroad must be a document dated within the last 6 months.
  • 【Explicitly listed on BTG’s non-resident CNR page, for foreigners or Brazilians who have never had tax-resident status in Brazil】CPF, tax identification number/NIF in the country of current residence, proof of address.
  • 【Ordinary personal account for a Brazilian resident】The official help page returned only a cookie notice this time, so the bank-specific document requirements have not been confirmed. For general preparation, you may have valid photo identification, CPF, and address/tax residency information ready, but this is not a verified BTG policy for an ordinary account.

Company eligibility and documents

Businesses: BTG Pactual Empresas publicly provides an application channel for Conta PJ and states that applicants must complete a company information form and submit the required documents. The page does not clearly specify eligible places of company incorporation, CNPJ requirements, or whether applications from non-Brazilian companies or companies with overseas ultimate controllers are accepted. It also does not publish a list of required corporate documents. Therefore, only the existence of a business account application channel can be confirmed; it cannot be confirmed that an overseas company may apply or be approved. Personal CNR requirements do not apply to business accounts.

Company information publicly disclosed or identified

  • [Explicitly listed on BTG’s business account page] Business information in the online account-opening form and the documents the page says are required to open an account; the page does not name specific documents.
  • 【General preparation suggestion; does not represent a policy published by BTG】You may prepare company registration documents/articles of association and CNPJ or equivalent registration documents from the place of incorporation, identification and authorization documents for directors and authorized representatives, ownership structure and ultimate beneficial ownership information, proof of registered address, turnover/financial information and an explanation of the source of funds to be deposited. Confirm with the bank in writing whether notarization, legalization, translation or additional cross-border documents are required.

Address, tax, and remote / witnessed procedures

Address and tax

CNR requires a CPF (including for foreign applicants), the NIF of the current country of residence, proof of foreign address (the official page limits this to the previous 6 months), and designation in Brazil of an institution authorized by the BCB to operate as a tax representative. Anyone who was previously a Brazilian tax resident must submit a final departure tax return. The Brazilian tax authority separately determines resident or non-resident status based on residence and departure circumstances; the CNR eligibility conditions on the bank’s product page do not replace the legal determination of tax residency. Tax-residency self-certification and controlling-person tax information may be requested under applicable CRS/FATCA regimes. The BTG product page does not specify the complete forms, acceptable types of proof of address or circumstances in which a tax number may be exempted.

Remote / witnessing

The publicly described CNR Light process is a self-service application through the BTG Banking app. The page does not say whether identity verification involves a video call, a live remote witness or another method, and does not confirm that account opening can be completed from any country worldwide or with a third-party witness. For CNR Full, contact a commercial relationship manager or relationship channel. The corporate page mentions online submission of a corporate account application but does not publish requirements for remote authentication, paper originals or in-person attendance.

Public process reference

  1. Non-resident individuals should first confirm that they meet the non-Brazilian tax resident conditions stated on BTG’s page; those who previously had tax resident status in Brazil should prepare their final departure tax return.
  2. Applications for CNR Light should be submitted through the BTG Banking app or the self-service channel indicated on the product page. For a CNR Full taxable or special tax-regime version, contact the bank’s business relationship manager and confirm the invitation/relationship channel and applicable tax classification.
  3. Prepare CPF, a foreign NIF, and proof of foreign address as specified on the product page. The relevant applicants should also provide a photo ID and final departure declaration, and confirm arrangements for a Brazilian tax representative.
  4. Business applicants can enter company information and submit documents through the Conta PJ entry point on BTG Pactual Empresas; before submitting, confirm with the bank the company’s place of registration, foreign shareholders/UBOs, signing authority, and certified translation requirements.
  5. The bank's public pages do not fully explain the specific due diligence questions, approval steps, legal entity signing the account agreement, document follow-up requirements, or how account opening is confirmed. The bank's written response on the individual case and the formal account-opening documents should prevail.

Compliance topics, details, and sources

Brazil AML/KYC and customer risk classification

Brazil's Central Bank 《Circular 3.978/2020》 requires regulated institutions to verify customer identity and collect, verify and update customer information according to the nature and risk of the business relationship. The regulation specifies identification information such as an individual's CPF and a company's name and CNPJ, and provides that customer eligibility assessments may involve an individual's income or a company's turnover. This is the Brazilian regulatory baseline, not a complete list published by BTG for every product, and having the required documents does not guarantee approval.

Source:Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

Business UBO, financial capacity and source of funds

The Central Bank of Brazil’s anti-money laundering rules require company ownership chains to be traced to natural-person ultimate beneficial owners and require customers’ financial capacity to be included in risk-proportionate customer qualification reviews. For certain cash-transaction records, the rules also require recording the owner of the funds, the person carrying them, and the source of the funds deposited. BTG has not published its case-by-case UBO thresholds or complete source-of-funds documentation policy on its business-account opening page. General preparation documents should not be misrepresented as express requirements of the bank.

Source:Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

Tax residency, CRS, and local Brazilian identification numbers

The Brazilian tax authority’s e-Financeira/CRS guidance covers financial-account reporting and tax identification number (TIN) information for tax-residency jurisdictions. BTG’s CNR page also expressly requires applicants to provide a CPF and the TIN for their current country of residence. Applicants should truthfully declare their own tax-residency status and, where applicable, that of entities and controlling persons. Whether an account is reportable depends on the applicable regime; submitting a TIN alone does not establish that reporting is required or that it is not required.

Source:Meu CPF - Receita Federal do Brasil ；Conformidade da e-Financeira - CRS - Receita Federal do Brasil

FATCA (handled separately from CRS)

Brazil and the United States have put in place a bilateral FATCA agreement for due diligence and exchange of information on certain accounts. If an applicant has U.S. tax status or an account falls within the scope defined by the agreement, the bank may need to collect corresponding self-certification information. This bilateral FATCA arrangement does not mean that the United States has joined CRS or that all accounts are automatically reported.

Source:Decreto nº 8.506, de 24 de agosto de 2015 - Presidência da República

UN Security Council sanctions and asset freezes

Brazilian Law No. 13.810/2019 requires entities with financial obligations to implement measures making relevant assets unavailable under United Nations Security Council sanctions resolutions, and to take appropriate action regarding qualifying sanctioned assets and attempted transfers. This describes the statutory framework in Brazil; BTG’s proprietary screening systems, list coverage, and procedures for handling matches have not been made public on the product pages reviewed.

Source:Lei nº 13.810, de 8 de março de 2019 - Presidência da República

Account Opening Compliance Information

Account Opening Compliance and Document Preparation Guide

This page lists separately the requirements published by the bank, local regulations, and document preparation suggestions. Acceptance and specific requirements are subject to confirmation by the bank.

This guide distinguishes BTG’s officially disclosed personal nonresident CNR account from its business Conta PJ: CNR is only for individuals who are not Brazilian tax residents, while the business PJ page confirms only that a business account application route exists and does not confirm the scope of acceptance for foreign companies. Whether the specific product is suitable, which legal entity handles the application, and whether it may be approved must all be confirmed by the bank on a case-by-case basis. Mr. Tang can provide dedicated follow-up on documents and appointments, explain fees in advance, and confirm timing; bank review results are not guaranteed.

Date information checked:2026-10-26

Document Preparation Checklist

Personal non-resident CNR status and tax information

Who it applies to
For individuals applying for BTG CNR only; not applicable to companies (PJ) and should not be generalized as a document checklist for ordinary Brazilian-resident personal accounts.
Documents to Prepare
  • BTG expressly states that all CNR applicants must have a CPF and submit the tax number (NIF) of their current country of residence and proof of foreign address. The address document must be dated within the last 6 months. Applicants may prepare tax-number evidence and a recent bill or official letter showing their name, address and issue date; the types accepted should be confirmed with the bank.
  • For anyone who has been a Brazilian tax resident, BTG separately lists a photo ID and the Declaração de Saída Definitiva do País (Final Exit Declaration); the page for foreigners or Brazilians who have never been Brazilian tax residents lists CPF, NIF and proof of address. Prepare documents based on your own circumstances; do not use one applicant category’s checklist in place of another’s.
  • BTG expressly requires applicants to designate in Brazil an institution authorized by the Central Bank to operate as their tax representative. Applicants may prepare the proposed representative’s name, contact details and appointment arrangements, then confirm with the bank whether the representative meets the requirements and what authorization documents are needed.
Description
The bank page specifies document types, the validity period for proof of address, and representative requirements, but does not state requirements for originals/certified copies, electronic-file formats, translation or authentication, or acceptable types of proof of address. The categories below are subject to the bank’s written response in each case.

Source:Conta de Não Residente (CNR) - BTG Banking

Company legal representatives and control-chain documents

Who it applies to
Business Conta PJ applicants; the public page only confirms completion of the business information form and submission of the required documents. It does not confirm whether foreign-registered companies, entities without a CNPJ, or companies with foreign controllers may apply.
Documents to Prepare
  • General preparation suggestion: Company registration certificate, articles of association/organizational documents, CNPJ or equivalent number in the place of registration, and proof of registered address and business status; ensure the name, number, and address match the application form.
  • General preparation suggestion: An ownership structure chart tracing through to the ultimate natural-person beneficial owners, with registration documents for each tier, identification for shareholders/controllers, and ownership percentages. Also prepare identification for directors, authorized representatives, and signatories, together with appointment or authorization resolutions/letters of authorization.
  • A foreign legal entity that is not legally required to have a Brazilian CNPJ may prepare its legal name, registered address, and company registration number in its home country in accordance with Central Bank of Brazil rules. This is a regulatory identification baseline and does not mean BTG has confirmed eligibility for overseas PJ applicants.
Description
BTG’s corporate page does not publish a specific document list. Company registration documents, ownership-chain information and authorization documents for representatives are suggested in preparation for Brazilian regulatory customer identification; they should not be described as documents expressly specified by the bank. Confirm with the bank in advance any requirements for originals, certification, translation and document validity.

Source:Conta PJ sem taxas - BTG Pactual Empresas；Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

Business, financial capacity and supporting evidence for use of funds

Who it applies to
Due-diligence supporting documents prepared by CNR or PJ applicants according to their actual transaction volume; this is not a uniform mandatory list published by BTG.
Documents to Prepare
  • It is advisable to prepare recent financial statements/management accounts, personal income or company revenue information, and a brief explanation of anticipated monthly receipts and payments, main payers/payees, currencies, countries, and transaction purposes. Brazilian regulations require institutions to assess income or company revenue according to customer risk and the nature of the relationship; this does not mean customers must all submit a particular type of statement.
  • Prepare documents for the expected incoming funds that link the funds to their source, such as salary or dividend records, evidence of income on which tax has been paid, records of asset sales or investment redemptions, customer contracts, invoices, and corresponding bank statements. Explain how any large or one-off deposits relate to ordinary business activity. This is a recommendation to facilitate due diligence.
  • Prepare major transaction contracts, service/trade evidence, a website or business overview, and a diagram of cross-border payment flows. Explain how funds will enter Brazil, whether they will be exchanged or remitted abroad, and the intended account use. First confirm whether the application product supports the required transaction and investment features.
Description
The Central Bank of Brazil’s rules support risk-proportionate assessment of financial capacity and collection of supplementary information, but do not stipulate that the specific documents listed above must be submitted by every BTG applicant. Do not mistake a preparation checklist for approval conditions or a guarantee that the account-opening documents are complete.

Source:Conta de Não Residente (CNR) - BTG Banking；Conta PJ sem taxas - BTG Pactual Empresas；Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

Due diligence and enhanced verification

Ultimate Beneficial Owners and Persons Exercising Actual Control

Basis for Verification
Article 24 of Brazil's Central Bank Circular 3.978 requires institutions to analyse a legal entity's ownership chain to identify natural-person ultimate beneficial owners; representatives (including agents) who actually direct the legal entity's activities are also included in the definition of beneficial owner. Article 25 requires institutions to set a reference ownership threshold based on risk, counting direct and indirect holdings, which may not exceed 25%. This is not a uniform 25% trigger or a threshold BTG has disclosed to customers.
Preparation recommendation
Prepare a table tracing direct/indirect ownership at each level, the basis of control, and ultimate natural persons. If there are nominee holdings, contractual control, or no natural person meets the bank’s threshold, attach an explanation and prepare documents showing who controls decision-making. Ask at the appointment about the specific threshold used by BTG and the supporting documents required for complex structures.
Scope
Local regulatory baseline; the bank’s specific thresholds, forms, and document requirements are not public. Complex structures require case-by-case confirmation.

Source:Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

Source of Funds, Source of Wealth, and Transaction Profile

Basis for Verification
Regulations require customer eligibility information to be collected, verified and updated in proportion to customer risk and the nature of the business relationship, and require assessment of an individual's income or a legal entity's turnover, location and other risk-related information. BTG CNR/PJ's public pages do not provide a complete list of source-of-funds or source-of-wealth documents.
Preparation recommendation
Distinguish the source of the initial account deposit from the source of ongoing wealth. Organize supporting documents and corresponding account records for salary/business income, dividends, asset sales, investment redemptions, and other sources. Provide a one-page explanation of expected transaction volume, counterparties, countries, purposes, and unusual peaks. Applicants should be able to explain how declared income/turnover is consistent with actual funds flows.
Scope
Local regulations require institutions to conduct due diligence proportionate to risk; the types of evidence are general preparation advice and do not represent a publicly stated mandatory requirement of BTG.

Source:Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil；Conta de Não Residente (CNR) - BTG Banking；Conta PJ sem taxas - BTG Pactual Empresas

PEP Screening and Sanctions Screening

Basis for Verification
The Central Bank of Brazil’s rules require financial institutions to identify politically exposed persons. For customers residing abroad, institutions must use at least two of the prescribed verification measures (an explicit customer declaration, public information, or a PEP database). A person who was a PEP remains subject to the rules for five years after leaving the relevant office or category. PEP status does not in itself mean automatic rejection or sanctions. Brazilian Law No. 13.810/2019 also requires entities subject to applicable financial obligations to immediately implement measures making sanctioned assets unavailable under United Nations Security Council sanctions. This is a statutory sanctions obligation; it does not disclose BTG’s screening lists, systems, or procedures for handling matches.
Preparation recommendation
It is advisable to truthfully disclose your own and, where applicable, relevant controllers’ public office/PEP connections, time in office, and source of funds, and have appointment or departure documents ready. If a similar name could lead to a false match, prepare distinguishing information such as date of birth, nationality, and identity documents. If there is a sanctions match or account restriction, request a written explanation through the bank’s official channels; do not attempt to evade the restriction.
Scope
Brazilian Central Bank PEP due-diligence rules and Brazilian sanctions law; does not infer BTG's internal risk decision for every applicant or equate PEPs with sanctioned persons.

Source:Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil；Lei nº 13.810, de 8 de março de 2019 - Presidência da República

Non-resident tax status, cross-border eligibility and genuine business purpose

Basis for Verification
BTG expressly states that CNR applications are only for individuals without Brazilian tax-resident status, and requires CPF, the NIF of the country of residence, proof of foreign address dated within the last 6 months and a Brazilian tax representative. Applicants who were previously Brazilian tax residents must also file a final departure declaration. The product page does not extend CNR eligibility to legal entities and does not publish a complete CRS/FATCA self-certification, eligibility for foreign businesses or worldwide geographic application scope.
Preparation recommendation
Individuals are advised to prepare their country/territory of tax residence, local tax number, and address information, check that these match bank declarations and tax representative records, and explain the purpose of the CNR and whether funds will be invested/remitted. Businesses are advised to also prepare information on their place of incorporation, actual operating location, main markets, and counterparties. For dual tax residency, prior residence in Brazil, or an overseas company, first check product suitability with the bank and separately confirm legal status with a tax adviser.
Scope
CNR conditions are stated by the bank; consistency of tax filings and corporate business documents are preparation recommendations. These do not confirm tax-resident status, CRS/FATCA reporting outcomes or whether a foreign company can open an account.

Source:Conta de Não Residente (CNR) - BTG Banking；Conta PJ sem taxas - BTG Pactual Empresas；Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

Ongoing Compliance Requirements After Account Opening

Ongoing updates to customer information and risk details

Article 17 of Brazil's Central Bank Circular 3.978 requires identification information to be kept up to date. Article 18 requires customer eligibility to be reassessed on an ongoing basis in light of changes in the business relationship and risk, and collected information to be updated. The regulation does not set a uniform annual review cycle for all customers, and BTG has not disclosed its review frequency on public pages. Account holders should promptly update any changed information on address, tax numbers, representatives, ownership/controllers, directors, business activities and financial capacity through the channels designated by the bank, and keep proof of submission.

Source:Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

Keep transaction and declared information on file; explain unusual transactions

Regulations identify inability to keep customer information up to date, inability to identify the ultimate beneficial owner, and transactions disproportionate to the customer's income/turnover or financial capacity as matters for institutional monitoring. This does not mean that a customer is acting unlawfully merely because of a single unusual transaction. Keep contracts, invoices, payment instructions and records tracing the source of funds. For large, cross-border or one-off transactions that clearly differ from the account-opening profile, prepare an explanation in advance and provide it as requested by the bank.

Source:Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

Sanctions measures and account availability

Brazilian Law No. 13.810/2019 requires applicable obligated entities to immediately implement measures making relevant assets designated under United Nations Security Council sanctions resolutions unavailable, without prior notice to the sanctioned party. The applicability of account restrictions or transaction suspensions and the route for appeal are subject to the bank’s formal notice and the procedures of the competent authorities. BTG’s public pages do not disclose the scope of its proprietary lists or specific handling timelines.

Source:Lei nº 13.810, de 8 de março de 2019 - Presidência da República

Please confirm with the bank before booking

  1. Will this application be contracted with Banco BTG Pactual S.A. or another group legal entity? Please provide the name and CNPJ of the relevant contracting entity.
  2. Can I apply for CNR Light through the app from my current country of residence? Are there country or region restrictions, identity-verification steps, or a requirement for in-person or video witnessing?
  3. Does my tax history fall into the category of having lived in Brazil or never having lived there? Does the corresponding document checklist require photo ID, a final departure tax return, or other tax evidence? Which issuers and formats of proof of address are accepted, and must it be translated, certified, or provided as a paper original?
  4. What qualifications must a CNR tax representative meet, and what type of appointment document must be submitted? Will the bank accept an institution authorized by the central bank that the applicant designates themselves?
  5. For the intended PJ application, are the company's place of incorporation, foreign shareholders, and absence of a CNPJ acceptable? What is the bank's reference threshold for UBO ownership, how are controlling persons identified, and what evidence is required for each tier of the structure?
  6. What are the estimated account-opening review time, channel for submitting additional documents, minimum deposit/balance, eligibility conditions for an invitation to a CNR Full relationship, and associated fees? Which services incur separate charges or require separate review?

Not confirmed by public information

  • BTG’s corporate PJ webpage does not publish a specific document list or the eligibility scope for foreign-registered companies, entities without a CNPJ or foreign UBOs. General document-preparation suggestions must not be taken as confirmation that the bank accepts such applicants.
  • The CNR page expressly requires proof of address from within the previous 6 months, but does not list acceptable document types, document languages, translation or certification requirements, whether paper originals are required, or detailed remote identity-verification or eligible-country information.
  • The publicly available application routes are self-service application for CNR Light and contact with commercial relations or a relationship channel for CNR Full. Complete eligibility criteria, invitation-review standards, the legal entity contracting for the account, approval timelines, the number of additional-document requests and minimum funding have not been publicly confirmed.
  • The BTG product pages reviewed do not publish specific corporate UBO identification thresholds, PEP/sanctions screening systems, source-of-wealth document lists, periodic review intervals or internal risk limits. Regulatory obligations applicable to institutions do not replace case-specific confirmation from the bank.
  • The page discloses CNR Light account-opening and maintenance fees, PJ maintenance fees and Pix fees. Full fees and other PJ ancillary-service fees must be confirmed separately. Fees, product features and credit remain subject to the bank’s current official pricing and review.

Sources & Scope of Verification

  1. Conta de Não Residente (CNR) - BTG Banking

    BTG’s official information defines CNR and covers eligibility for non-Brazilian tax residents, CPF, NIF in the country of residence, proof of foreign address dated within the last 6 months, a Brazilian tax representative, the requirement for people who previously had Brazilian tax-resident status to file a final departure declaration, documents listed by application category, and Light/Full application channels. It does not disclose full certification requirements, worldwide geographic eligibility or the legal entity that enters into the contract.

  2. Conta PJ sem taxas - BTG Pactual Empresas

    BTG’s official corporate page confirms that applicants can enter company information online and submit the required documents. It discloses corporate account maintenance fees, Pix fees and information about additional services on request, but does not publish a specific corporate document list, eligibility for foreign companies or UBO rules.

  3. Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

    Original text of the Central Bank of Brazil’s anti-money laundering rules: Articles 16-18 on identification, qualification assessment, and ongoing updates; Articles 24-25 on legal-entity ownership chains, natural-person ultimate beneficial owners, persons exercising effective control, and institution-set risk-based reference thresholds no higher than 25%; and Article 27 on PEP verification methods for foreign customers and the five-year rule after leaving office. These provisions should not be treated as BTG’s case-by-case document list or internal thresholds.

  4. Lei nº 13.810, de 8 de março de 2019 - Presidência da República

    Original text of Brazil’s federal sanctions law, particularly Articles 9-11 on the duty of financial-activity entities to which the law applies to immediately implement relevant United Nations Security Council/sanctions committee asset-unavailability measures without prior notice, and their reporting obligations. This does not disclose BTG’s internal screening lists, systems, or handling of individual customer cases.

Fees and timelines

The official CNR page clearly states that CNR Light has no account-opening or account-maintenance fee; the fees for CNR Full are not fully disclosed on the page reviewed. The business Conta PJ page clearly states that account maintenance is free and Pix transfers are unlimited and free; it also says that other add-on services are charged and customers should consult an expert, and that services such as credit cards are subject to review. No reliable public information was found on account-opening processing times, minimum initial deposits or other account limits, so none are estimated.

Limitations and practical considerations

  • CNR is for non-Brazilian tax residents and does not mean that every foreign individual qualifies for a regular Brazilian personal account. CPF and a Brazilian tax representative are conditions expressly listed on the page.
  • CNR Light can be applied for independently. For the taxable and special tax-regime versions of CNR Full, contact a commercial relationship manager; the page indicates relationship-channel or invitation conditions. Benefits under the special tax regime are also subject to product and tax-eligibility requirements.
  • BTG states that converting a local account to CNR does not apply to investment accounts; an investment account must be opened separately and given the corresponding regulatory designation.
  • The business account page does not specify its policy on foreign-registered businesses, entities without a CNPJ or foreign UBOs. The relevant customer categories and documents must be confirmed in writing by the bank.
  • This profile cites publicly available bank and regulatory materials. It does not indicate that Rengangyongsheng (Hong Kong) Limited currently has an appointment channel for opening an account with BTG Pactual, and it is not a promise of account opening or individual tax/legal advice.

Licensing evidence and regulatory verification

Entity identification: A Central Bank of Brazil institutional-change notice from 2024-9 records Banco BTG Pactual S.A. (CNPJ 30.306.294) as the acquiring party for control of Banco Nacional. This proves that the legal name appears in a central bank regulatory record, but the matter does not establish the bank's current authorisation to conduct banking business or the scope of its permitted activities. The central bank's official institution directory states that institutional registrations, authorisation status and permitted activities can be checked and provides a certificate search. This review could only access the directory entry point and did not obtain a current entity-level record or certificate for Banco BTG Pactual S.A. Its current authorisation status, category and specific permissions therefore remain to be checked in the register by legal name/CNPJ.

Central Bank of Brazil (Banco Central do Brasil, BCB) Official registration or record

Information sources

  1. Conta de Não Residente (CNR) - BTG Banking

    BTG’s official information defines CNR, states that it applies to non-Brazilian tax residents, and covers CPF, proof of foreign address with a six-month validity period, a Brazilian tax representative, different CNR types, application channels, personal documents listed by category, and CNR Light account-opening and maintenance fees. It does not show the complete contracting legal entity or video-witnessing policy.

  2. Conta PJ sem tarifas - BTG Pactual Empresas

    The publicly stated application process for a BTG corporate account is to enter company information and submit the required documents. The page mentions corporate maintenance fees, Pix fees, information on additional services on request and a credit-card review notice; it does not list specific corporate documents or the scope of acceptance for foreign companies.

  3. Credit Information System - BTG Pactual Investor Relations

    The BTG Pactual investor-relations page refers to Banco BTG Pactual S.A. as a bank and says it submits credit-transaction information to the Brazilian Central Bank’s SCR. This distinguishes the bank legal entity from the brand; the page does not provide the bank’s current license certificate.

  4. Encontre uma instituição regulada/supervisionada pelo BC - Banco Central do Brasil

    The Central Bank of Brazil’s official institutional directory explains that users can search for authorized, regulated, or supervised institutions and consult registration details, ownership structures, service channels, authorization status, and permitted activities. What was obtained in this search is the directory search entry point, not a current entity-level listing result for Banco BTG Pactual S.A.

  5. Circular nº 3.978, de 23 de janeiro de 2020 - Banco Central do Brasil

    Anti-money laundering regulatory texts require customer identity verification, customer information, risk-proportionate eligibility assessments, personal income/business turnover, tracing company ownership chains to natural-person UBOs, and records of the source of funds for certain cash transactions; this is the Brazilian statutory baseline, not a document list publicly specified item by item by BTG.

  6. Autorização e alterações societárias - Setembro de 2024, Quadro 04 - Banco Central do Brasil

    The Central Bank's institutional matter record for 2024 9 explicitly identifies Banco BTG Pactual S.A. (CNPJ 30.306.294) as the acquirer of control of Banco Nacional and lists the ultimate controlling party. This transaction record is cited only to verify the entity name/CNPJ and its appearance in Central Bank records; it does not constitute proof of the bank's current operating authorization.

  7. Meu CPF - Receita Federal do Brasil

    The Brazilian Federal Revenue Service states that Brazilian citizens and foreigners, whether resident in Brazil or abroad, may apply for a CPF, and explains the meanings of CPF status.

  8. Conformidade da e-Financeira - CRS - Receita Federal do Brasil

    The Brazilian Federal Revenue Service’s official e-Financeira/CRS manual discusses financial-account data and consistent reporting of tax-residency jurisdictions and TIN fields under CRS; it does not establish that a particular BTG account will necessarily be reportable.

  9. Decreto nº 8.506, de 24 de agosto de 2015 - Presidência da República

    The text of the bilateral Brazil–United States FATCA agreement enacted by Brazil and its entry-into-force information, defining the financial institutions and specific account information covered by exchange; the agreement is distinct from CRS.

  10. Lei nº 13.810, de 8 de março de 2019 - Presidência da República

    Brazilian Law No. 13.810/2019 provides for the implementation of measures by the United Nations Security Council and relevant sanctions committees, measures making designated assets unavailable, and related responsibilities of entities with financial obligations and the competent supervisory authorities.

  11. Residente e Não Residente - Receita Federal do Brasil

    The Brazilian Federal Revenue Service’s criteria for determining whether an individual is a Brazilian tax resident or non-resident, including residence, departure, an absence of 12 months, and periods of 183/184 days. Eligibility for the CNR product and legal tax status should be assessed separately.