Banif Bank Is it reliable? Is it a good bank? We analyze everything for you!

Banif Bank was a bank that operated in Brazil until 2018, with several activities aimed at the public, always focused on providing solutions for those who need activities for individuals and legal entities.

Known as a commercial bank, it was large and quite interesting.

So, the question remains: Is Banif Bank trustworthy? Is it safe?

Read our text to learn more about this bank and its security measures.

Is Banif Bank safe?

Banif Bank is a bank with assets in Portugal, Brazil, and several other locations. It has operated securely for a long time, providing its clients with higher quality and better investment conditions.

Thus, in Brazil, it was a safe bank. All its processes, assets, and activities were always well-designed and provided a high level of security for its clients.

Is Banif Bank regulated by the Central Bank of Brazil?

Yes, Banif Bank is regulated by the Central Bank of Brazil. Therefore, any activity it undertakes must comply with established rules to ensure greater operational security.

The regulations of the Central Bank of Brazil require the bank to follow all rules when operating and to be monitored, in order to provide customers with greater security and the certainty of good services.

How can I check if a bank is registered with the Central Bank of Brazil?

Check whether Banif Bank and other banks are regulated by the Central Bank:

1. Access the Central Bank website here.
2. On the page, go to the “Institutions” tab.
3. Enter the bank name in the search tab.
4. When the bank appears, access its name to get the information you need.
5. You will see the Central Bank of Brazil's rating for the bank in question.

Banif Bank on ReclameAqui

Reclame Aqui is ideal for getting more information from customers about the bank and its services, problems, and much more.

However, Banif Bank does not have any reviews on this customer page. Therefore, it is not possible to rate Banif Bank through this method.

Is Banif Bank good? Is it a good account?

Currently, we cannot provide a complete assessment of Banif Bank. This is because it ceased operations in Brazil in 2018. The bank has undergone a sales process internationally.

If you go to the official page and try to access any service, you will find the message below on every page:

“Banif-Banco Internacional do Funchal (Brasil) SA – In Liquidation, currently in ordinary liquidation and has not carried out credit operations since May 2018.”

This is because the bank had several shares sold around the world. However, the Brazilian part of the bank was not acquired by any other institution, resulting in its deactivation here.

What are Banif Bank's fees and rates?

Currently, it's not possible to know Banif Bank's fees and charges in Brazil, as the bank is currently closed. Therefore, no references to fees or other bank matters are being provided to customers.

In addition to fees and charges, the services that would be related to this bank for customers are also not presented.

Banif Bank customer service: how to contact us?

If you go to the Banif Bank website, you will find the following telephone numbers:

• (11) 2338-1555.
• 0800 945 5000.

However, if you try to call, you will not be answered, as the bank has been deactivated from its operations since May 2018.

How to open an account at Banif Bank?

Currently, it's not possible to open accounts at Banif Bank. Since it entered ordinary liquidation, you can no longer make any transactions with the bank.

So, if you search the website, you won't find ways to open accounts, just as you won't find a physical office where you can carry out transactions.

Frequently asked questions

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