ATM machines in Brazil and Banking
ATMs in Brazil are everywhere and you won’t have any problems using them with a US or EU ATM card.
Banco Bradesco, HSBC, Banco 24 Hors and Banco de Brazil all work well.
Banco 24 Horas tends to charge high fees – their rate is about 10% higher than the interbank rate (R$2.44 versus 2.64).
Bradesco is somewhat better – about 5% over interbank rate.
Banco do Brazil is perhaps the most fair – usually charging at the interbank rate itself.
Banco Itaú is normally a bit of a problem. They don’t always except foreign carts well. Avoid if possible.
Note that at most ATMs, you can’t get more than R$100 after nine PM, so don’t plan on paying big bills after that time! This is for security reasons to prevent robbery.
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