Deposit and withdrawal

01

Dollars withdrawal (WIRE / third parties)

02

How to transfer assets between broker-dealers?

03

Deposit in dollars (WIRE/third parties)

04

TED withdrawal in R$

05

Deposit via TED in R$

06

Deposit directly in US Dollars

07

Deposit via TED in R$

08

Why is the amount available for withdrawal less than the amount available for transactions?

01

Dollars withdrawal (WIRE / third parties)

Dollars withdrawal (WIRE / third parties)
Domestic Withdrawal USA: $25
International Withdrawal: $45

Third-party fees may be applicable.

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02

How to transfer assets between broker-dealers?

Custody transfers between brokerage firms are conducted by brokerage firms, clearinghouses (custodians) or transfer agents through different transfer models, the main ones being: ACAT, DTC. DRS and DWAC.

This process generally takes between 4 to 8 business days to complete,as it consists of account verification, communication between responsible agents and transfer of positions. The request could be initiated by the destination or origin broker, depending on the transfer model.

If you would like to transfer positions from another broker to Avenue, please contact our relationship team via email: [email protected], sending the last statement from the original account, since then we can check the positions before starting the transfer.

IMPORTANT: Your account will be frozen duringthe transfer process to ensure its effectiveness. Therefore, it will be blocked for new purchase and sale operations in the period in which the transfer is in progress.

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03

Deposit in dollars (WIRE/third parties)

Domestic Deposit: US$ 8

International deposit for third party services: U$ 14

When making remittances in dollars, you will not be able to access our Tax Report for capital gains.

Third-party fees may be applicable.

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04

TED withdrawal in R$

There is no charge for withdrawals in reais using our exchange partner.

* Your bank may charge other fees.

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05

Deposit via TED in R$

There is no charge to receive money in reais on your Avenue account.

To request a withdraw, the amounts must be in reais.

Just click on your account’s home screen under “withdraw” (https://pit.avenue.us/withdraw), select the destination account and click “withdraw money”.

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06

Deposit directly in US Dollars

When opting for domestic transfer, that is, in dollars, it will not be possible to generate the income tax report on capital gains available in your account, since Avenue has no way of determining the origin of the money and exchange rate used. Furthermore, if you decide to make the exchange to reais, a redemption limit adjustment request will be required prior to this transaction.
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07

Deposit via TED in R$

Depositing on Avenue is only possible after your account has been approved! If we receive deposits before the account opening, the amounts will be returned to your original bank account. As soon as your account is opened, on your home screen you will receive the information available to make your first deposit into your Avenue account.

The deposit is made via TED from any Brazilian bank that you are the first account holder. The data for TED is available in your customer access in MY ACCOUNT > BALANCE > click on DEPOSIT – a window will open with the data for transfer.

We recognize your ownership by CPF and as soon as recognized (usually between 15 min and 2 hours), the amount is available in your Avenue account.

Check your home screen and you can now go directly to the Exchange tab and request the total or partial exchange of these amounts.

* Your bank may charge other fees.

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08

Why is the amount available for withdrawal less than the amount available for transactions?

This is true if you made a sale today, or the previous business day.

Since the settlement of shares is usually T + 2 (two days after execution).

Check your “Available Balance for Exchange and Operations” to identify your net balance.

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