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Escaping Bank Fees With FinTech

Whether it is about paying a friend for a bill shared at a restaurant or paying for a service provider, when it comes to paying other people, in Brazil, the first question usually is "What is your bank?" We no longer walk with too much money in the wallet, and transfer rates between banks are high. A DOC (transfer made in two days) costs R$ 8 on average and a TED (transfer completed in one day) on average R$ 13 – but it can reach ...

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