Banco Bradesco SWIFT Code: BBDEBRSP

Banco Bradesco SWIFT Code: BBDEBRSP

The SWIFT/BIC code for Banco Bradesco is BBDEBRSP. BBDE identifies Banco Bradesco, BR stands for Brazil, and SP is the location code for São Paulo, where the bank is headquartered. This code is used for all international wire transfers to Bradesco accounts.

Bradesco is the second-largest private bank in Brazil and one of the largest in Latin America. It serves over 70 million customers and plays a central role in both domestic and cross-border payments involving the Brazilian real (BRL).

How to Wire Money to Banco Bradesco

To send an international wire to a Bradesco account, you'll need the recipient's full name, their Bradesco branch number (agência) and account number, the SWIFT code BBDEBRSP, and the recipient's CPF (individual) or CNPJ (business) tax ID number. The bank's head office address is Cidade de Deus, Osasco, SP 06029-900, Brazil.

Brazil does not use IBANs. International wires to Brazil in BRL require conversion and are subject to Brazilian Central Bank regulations. Transfers typically take 2 to 4 business days to settle.

Bradesco Fees and Brazilian Transfer Regulations

Bradesco charges fees for incoming international wires that vary based on the transfer amount and currency. IOF (Imposto sobre Operações Financeiras), a Brazilian financial operations tax, is applied to all incoming and outgoing foreign exchange transactions at rates between 0.38% and 1.1%.

Brazil has strict foreign exchange controls, and all international transfers must be registered with the Central Bank. This adds processing time compared to transfers in countries with fewer capital controls. For business payments, Bradesco requires documentation of the underlying transaction (invoices, contracts, etc.).

How Slash fits in

Slash monitors your international payments in real time, including wires to and from Brazil. Each transaction is auto-categorized and synced to your accounting software, helping your team keep track of payments in a regulatory environment that adds extra steps.