Exchange costs and availability

There are two exchange options available:

1) Instantly – Your exchange will be immediately, usually within a few seconds, and available for transactions. Trading hours are 9:00am – 2:25pm following Brasilia time. Changes requested after the cut-off time, will be executed automatically as D+1.

2) Next business day – the exchange will be available on the next business day after the exchange request. Trading hours are 9:00am – 6:00pm following Brasilia time. The exchange rate on the return of funds to Brazil is available for the day following the request. To check the chosen exchange rate, go to the Reports tab > Exchange Orders.

The VET (Total Effective Value) is presented to the customer before the exchange order is executed. There is no exchange rate or fee. You pay the value of the Avenue exchange rate + IOF of 0.38%. The exchange is calculated based on the commercial dollar, plus a spread.

Por

William Castro

Formado em economia pela UFRGS – RS. Em 2004, iniciou sua carreira na Solidus Corretora, com passagens pelo Koliver Merchant Bank e Banco Alfa. Foi sócio, analista-chefe e um dos principais porta-vozes da XPInvestimentos. Também foi sócio e líder de gestão da VGRGestão de Recursos. Possui as certificações Series 7 e 24. É estrategista-chefe, sócio e porta voz da Avenue desde 2018.

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