M
mediasoft78
New Member
brazil interest rates
we just struggled and finally opened company account here at ITAU (you should know it's not so easy here in Brazil you need braziian to be an administrator of the company) we're in Brazil now and we can get 12.5 % per year SO putting 2 Millions R$ after tacxation (12-24 months is 17% taxes which they deduct along the monthly payments of interest rates ) so that is nice interest rate better but in case anytthing goes wrong banks guarantee 80000 R$ only - seems anyway brazil cannot afford argentina or 1990 inflation and crach scenery when it had cruzeiro in the past so feel free to contact us we can arrange it all promptly
our skype id is (not allowed)
Z
we just struggled and finally opened company account here at ITAU (you should know it's not so easy here in Brazil you need braziian to be an administrator of the company) we're in Brazil now and we can get 12.5 % per year SO putting 2 Millions R$ after tacxation (12-24 months is 17% taxes which they deduct along the monthly payments of interest rates ) so that is nice interest rate better but in case anytthing goes wrong banks guarantee 80000 R$ only - seems anyway brazil cannot afford argentina or 1990 inflation and crach scenery when it had cruzeiro in the past so feel free to contact us we can arrange it all promptly
our skype id is (not allowed)
Z
Dear forum,
I spent the last 2 hours trying to navigate from a bank to bank, HSBC, Banco Do Brasil, Unibank, Santander, using Google Translate and trying to find how much the banks there will offer me on savings accounts, as the interest rate in Brazil is very high (currently 10.75% and on this coming Wednesday expected to go even higher to 11% or 11.25%).
I couldn't find any information, perhaps because I don't speak Portuguese very well but my question is how much interest rate can you get on deposits of around 2 million real?
Can you get around 15%?
Here in the UK we get peanuts for our savings and I'm fed up with the UK banks, I'm looking for a higher return and wouldn't mind to convert £ to BRL if that's necessary.
Please help.