We provide corporate bank accounts, liquidity optimization, and insurances through our strategic partnership with leading financial institutions and insurance companies.
Expanding into Brazil require opening a corporate bank account and insurances which involve complex financial and regulatory challenges.
NBC simplifies this process by leveraging its extensive banking and insurance network as well as deep regulatory expertise to ensure fast, seamless, and cost-effective solutions for corporate banking and insurance needs in Brazil.
Leverage NBC’s partnerships to access premium banking, ensuring seamless bank opening to accelerate market entry.
Access tailored cash management solutions, mitigating Brazil’s volatile interest rates and inflation to optimize liquidity and returns.
Secure strong insurance coverage and local policy integration into your global insurance framework to mitigate operational and legal risks seamlessly.
For many businesses, opening bank accounts and insurances can be challenging. Below are some of the most common challenges.
To operate in Brazil a bank account is essential, and many companies spends 6 months or more trying to open a bank account, delaying market entry.
Newcomers to Brazil’s banking lack track record and strong finances, often facing inadequate bank branches with limited support from local teams.
Many traditional banks do not offer English speaking service, leading to misunderstandings, prolonging establishment process and delaying operation.
Below are some examples of how NBC can help your company save time, enhance returns, and ensure strong coverage
Challenge:
A company was stuck in the bank opening process for more than 6 months and could not advance further into the market entry of Brazil.
Solution:
With NBC, the company obtained a bank account within as little as 2 weeks and became operational immediately afterwards.
Challenge:
A company had its cash position in a traditional bank due to conservative bank choice receiving low returns on its bank deposits.
Solution:
NBC leveraged its network securing a higher yield deposit with equal credit security in another bank with increased returns by up to 17%.
Challenge:
A company sought risk mitigation for directors against potential labor lawsuits, but its global insurer couldn’t provide coverage in Brazil.
Solution:
Through NBC, the company accessed a local insurer who could provide coverage as well as integrate the insurance into the company’s global policies.
“Nordic Brazilian Capital (NBC) has been legal representative for European Energy's subsidiaries in Brazil since 2019. Thrust and integrity were two deciding factors when we had to select a legal representative, and NBC was a perfect match. It’s a company driven by professionalism and dedication and we are looking forward to continuing the partnership for many years ”.
“The benefit of NBC is definitely a one-stop-shop approach, where we consolidated all company establishment services with NBC instead of having several service providers. This approach worked very well and saved use a lot of time and costs. NBC works professional with high integrity, speed and quality."
“We were using traditional Brazilian banks for foreign exchange but with the help of NBC, I managed to reduce the FX transactions costs with more than 70%, saving the company a significant amount of money”
“NBC has been our legal representative and strategic business partner since our market entry to Brazil in 2019 and with the help of NBC we managed to structure the guarantee and secure the contract. They have an extensive knowledge and network in Brazil which our company gains great value from."
"NBC was a vital part of our market strategy to penetrate the Brazilian fintech market. NBC´s extensive network of financial institutions was the foundation of launching our market strategy. Further into the process, their understanding of Brazilian business culture became essential in our negotiations with local partners. I highly recommend Nordic businesses entering or operating in Brazil to connect with NBC”
“NBC has from the beginning and up until today been a strategic partner and provided valuable guidance about bank setup, company establishment, insurance, foreign exchange and legal advisory services. It can be complex to operate in Brazil and NBC helps us navigate and solve these complexities with great value“
We have partnered with XP, one of Brazil’s leading investment banks, offering innovative financial solutions for businesses and investors. XP specializes in wealth management, investment banking, capital markets, and financial advisory, delivering comprehensive services tailored to the dynamic Brazilian market.
With a strong presence in Brazil’s financial ecosystem, XP serves millions of clients, ranging from individual investors to corporations seeking capital and strategic financial solutions. Since its founding in 2001, XP has expanded significantly, going public on the NASDAQ stock exchange in 2019 and solidifying its position as a market leader.
XP’s excellence in financial services is recognized through numerous industry awards, including:
These achievements highlight XP’s role as a pioneer in Brazil’s investment landscape, providing superior financial solutions that empower businesses and investors.
Nordic Brazilian Capital is Ebury’s FX correspondent, in accordance with CMN Resolution No. 4.935, OF JULY 29, 2021, Article 14 of the Central Bank of Brazil (BACEN). For more information, visit the website: www.br.ebury.com
