Banking · Retail bank
Inter: Brazilian multiple bank, US account through a partner bank
Licensed Brazilian bank, with a US offering run by a non-bank company that relies on a partner bank. Useful for Brazilians and residents of Brazil, and for Brazilians living in the United States.
Please note
Characteristics
- Family
- Retail bank
- Regulator
- Banco Central do Brasil
- Regulator country
- Brazil
- Deposit guarantee
- Yes
- Remote opening
- Yes
- Currencies
- BRL · USD
- Services
- Current account · Multi-currency account · Payment card · International transfers · Securities and trading
- Accepted residencies
- Not provided
- Refused residencies
- Not provided
- Home country
- Brazil
The Brazilian and US account opening requirements were not recorded; the US account is presented for residents of the United States.
Entities and regulatory status
| Entity | Jurisdiction | Status | Regulator | Protection of funds |
|---|---|---|---|---|
| Banco Inter S.A.holds the accountAuthorised as a multiple bank in 2008, at the time under the name Banco Intermedium S.A., according to a document filed by Inter&Co with the SEC. | Brazil | Banks with their own licence | Banco Central do Brasil | FGC |
| Inter & Co Payments, Inc.holds the accountFinancial technology company, not a bank; banking services provided by Community Federal Savings Bank, member FDIC; credit card issued by Continental Bank, member FDIC. | United States | Brands backed by a partner bank | FinCEN (MSB) / autorités des États (money transmitter) | FDIC (via la banque partenaire) |
Who can open or keep an account
| Country of residence | Case | Status | Conditions |
|---|---|---|---|
| Brazil | Opening and keeping | Unknown | Requirements not recorded. |
| United States | Opening | Unknown | Offer intended for US residents; requirements not recorded.blog-us.inter.co |
A country missing from this table is neither accepted nor refused: the information is not published.
Published figures
- Account feeNot provided
- Brokerage feeNot provided
- Deposit guarantee ceilingup to 250,000blog.inter.co · Verified on Nov 2, 2026
- Entry ticketNot provided
Which entity, which status
In Brazil, the account is held by Banco Inter S.A. In a document filed with the SEC, Inter&Co states that in 2008 it received authorisation from the Central Bank of Brazil to operate as a multiple bank, under its former name Banco Intermedium (Inter&Co document, SEC).
In the United States, the offering is run by Inter & Co Payments, Inc., a financial technology company registered as a money services business and licensed money transmitter, which states that it is not a bank; banking services are provided by Community Federal Savings Bank, member FDIC (Inter's US disclosures). The US status is therefore that of a brand backed by a partner bank.
Inter has also announced a Federal Reserve approval for a US bank branch; until it is operational for accounts, the partner-bank arrangement remains the one to rely on.
The entry for Banco Inter S.A. in the Central Bank of Brazil's register was not consulted.
Who can open an account
The requirements for opening an account in Brazil (CPF, residence) and in the United States (Social Security number or equivalent, residence) were not recorded.
Account, card and currencies
In Brazil, Inter offers a current account, cards, investments and a dollar-denominated “conta global”. In the United States, it offers an account and a Mastercard credit card issued by a partner bank.
Foreign exchange fees, limits and the exact entity behind the conta global: not recorded.
Protection of funds
According to Inter, current account balances held at Banco Inter S.A. are guaranteed by the Fundo Garantidor de Créditos, up to up to 250,0001 per CPF or CNPJ and per institution.
In the United States, any FDIC protection applies to funds deposited with the partner bank, and not to Inter & Co Payments, which is not a deposit-taking institution.
FDIC limit and conditions for “pass-through” coverage: not recorded on any official page read.
Points to check
- The contracting entity depending on the country: Brazilian bank or US payments company.
- In Brazil, the FGC limit per holder and per institution, across all covered products combined.
Sources and verification dates
- 1.
Deposit guarantee ceiling : 250,000
« Essa garantia é limitada a R$ 250 mil por CPF ou CNPJ, para cada instituição financeira. »
Banco Inter S.A., « Entenda o papel do Fundo Garantidor de Créditos »Verified on Nov 2, 2026Verified source