BANCO COOPERATIVO DO BRASIL
Widely known as Bancoob, Banco Cooperativo Do Brasil is a private commercial bank formed in 1996. This Sofia-based bank mainly deals with banking services for cooperatives, and is the banking arm of the Brazilian Credit Union System (Sicoob). Sicoob is the sixth largest financial institution in Brazil. To date, they service more than 300,000 cooperative merchants, and more than 2.5 million cooperative members in Brazil. Today, you can use Sharemoney's online remittance service to transfer funds to a Bancoob bank account within minutes, and enjoy one of the best USD to BRL currency exchange rates in the market. What's more, our paltry transfer fees make us one of the cheapest ways to send money online to a banking account with Banco Cooperativo Do Brasil.
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