Financial Policy

Our financial practices and transaction policies

Last Updated: January 2026

1. Overview

LABOR SOCIEDADE CORRETORA DE CAMBIO LTDA ("Labor Cambio", "we", "us", or "our") is committed to conducting all financial transactions with transparency, integrity, and in full compliance with Brazilian financial regulations. This Financial Policy outlines the terms and conditions governing our currency exchange and financial services.

2. Regulatory Compliance

All foreign exchange operations conducted by Labor Cambio are authorized and regulated by the Central Bank of Brazil (Banco Central do Brasil) under authorization number 17796/0001. We are also a member of ABRACAM (Associacao Brasileira de Cambio), which further ensures the security and reliability of our operations.

3. Exchange Rates

Exchange rates provided by Labor Cambio are based on prevailing market conditions and are subject to change without notice. The rate applied to a transaction is the rate in effect at the time the transaction is executed. We strive to offer competitive rates that reflect fair market value.

  • Rates are quoted in Brazilian Real (BRL) against the foreign currency being purchased or sold.
  • Buy and sell rates differ based on market spreads.
  • Rates may vary based on transaction amount and currency pair.
  • Volume discounts may be available for qualifying corporate clients.

4. Transaction Limits

Foreign currency transactions are subject to limits established by the Central Bank of Brazil. These limits may vary based on the type of transaction, the currency involved, and the customer's profile.

  • Cash transactions are subject to specific limits per transaction and per month.
  • Higher transaction amounts require additional documentation and justification.
  • Corporate transactions have separate limits based on company registration and tax status.
  • All transactions are reported to the Central Bank as required by law.

5. Fees and Charges

Labor Cambio may charge service fees for certain transactions. All applicable fees will be disclosed to the customer before the transaction is completed.

Service Fee Description Amount
Currency Exchange (Cash) Service fee included in exchange rate spread Varies by currency and amount
International Prepaid Card Card issuance fee (where applicable) As disclosed at time of purchase
MoneyGram Transfer Transfer fee based on amount and destination As quoted at time of transaction
Corporate Exchange Negotiated on a per-transaction basis As agreed with account manager

6. Payment Methods

We accept the following payment methods for currency exchange transactions:

  • Cash (Brazilian Real - BRL)
  • Bank transfer (TED/DOC)
  • Debit cards
  • Corporate checks (subject to clearance)

7. Anti-Money Laundering (AML) Policy

Labor Cambio maintains a strict Anti-Money Laundering policy in compliance with Brazilian law (Law 9.613/98 and subsequent amendments). We are committed to:

  • Conducting thorough customer due diligence (CDD) and Know Your Customer (KYC) checks.
  • Monitoring transactions for suspicious activity.
  • Reporting suspicious transactions to the Financial Activities Control Council (COAF).
  • Maintaining records of all transactions as required by law.
  • Training our staff on AML procedures and requirements.

8. Customer Identification

Before conducting any transaction, customers must provide valid identification documents. For individuals, this includes:

  • Original valid government-issued ID (RG, CNH, or Passport)
  • CPF (Cadastro de Pessoas Fisicas) number
  • Proof of address (for certain transactions)

For corporate clients, additional documentation including company registration documents (CNPJ), Articles of Incorporation, and identification of legal representatives are required.

9. Complaints and Dispute Resolution

If you have a complaint or dispute regarding a financial transaction, please contact us:

  • Phone: (81) 3465-0808
  • Email: info@laborcambio-brasil-fn.it.com
  • Ombudsman: 0800 281-9070

We will acknowledge receipt of your complaint within 5 business days and aim to resolve it within 30 business days. If you are not satisfied with our resolution, you may escalate the matter to the Central Bank of Brazil's customer service channel.

10. Policy Updates

This Financial Policy may be updated from time to time to reflect changes in regulatory requirements or our business practices. Customers will be notified of material changes through our website and, where appropriate, by direct communication.

11. Contact Information

For questions or clarifications regarding this Financial Policy, please contact us:

LABOR SOCIEDADE CORRETORA DE CAMBIO LTDA
Av. Conselheiro Aguiar, 1472, Recife - PE
Phone: (81) 3465-0808
Email: info@laborcambio-brasil-fn.it.com
CNPJ: 06.132.348/0001-19
Central Bank Authorization: n. 17796/0001