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0 pointsrbanffy2y ago0 comments

I believe banks in Brazil are also free to require a fee from the sender (maybe the receiver as well, not sure) in b2b transactions. P2p fees was one of the items in the previous president's FUD campaign against his opposer, the current president.

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rodrigodlu2y ago· 1 in thread

It's not the sender, but the receiver. CNPJ's ("SSNs" for Juridic/Business entities) pay a % of the received money.

Many banks, specially the neobanks/fintechs are making it free for small business tho.

I have a business to sign contracts for soft dev and I was charged once for a pix transaction between another business account on a different bank.

That bank is not my primary anymore, I started transferring using the old system (TED) to avoid it. TED takes ~15 minutes (from 0800 to 1700) instead of <1 sec (24h/7d), so not a big loss for internal transfers.

Still using the dumb bank because of other reasons, but not primary.

So competition working as intended in this case.

rbanffyOP2y ago

And to think some countries still use checks... ;-)

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