Banco Do Brasil Americas

What Banco Do Brasil Americas does

BB Americas Bank (Banco Do Brasil Americas) is a Miami-headquartered, FDIC-insured U.S. retail and commercial bank operating as a wholly-owned subsidiary of Banco do Brasil S.A., the largest bank in Latin America by assets. Founded in 2012 with 101–250 employees, the bank is purpose-built to serve the Brazilian diaspora and U.S. residents with ties to Brazil, offering bilingual support in English, Portuguese, and Spanish across physical branches, digital channels, ATMs, and 24/7 client support. Its product suite spans Classic and Gold checking accounts, savings, money market, and CDs; a credit card lineup (Platinum Plus, Platinum, Classic, plus secured variants for non-residents); and lending products including unsecured personal loans, residential mortgages, and new/used auto loans for consumers, alongside Business Classic/Gold checking, business credit cards, small business loans, and commercial lending (lines of credit, asset-based lending, equipment financing, commercial real estate) for SMBs. The bank's defining proprietary offering is BB Remessa, a fee-free international transfer service that moves money directly into Banco do Brasil S.A. accounts in Brazil — a corridor asset no unrelated U.S. bank can offer on identical economics. Channel architecture is hybrid: web and mobile (iOS/Android) banking with remote deposit capture, bill pay, cash management, and travel notices; in-person branch services for business onboarding; and ATM access via owned terminals plus the Allpoint and Presto surcharge-free networks. Digital wallet support includes Apple Pay and Samsung Pay; domestic P2P payments run via Zelle. Revenue mechanics combine net interest income from the loan book (with overdrafts priced at 16% APR), transaction and service fees (wire transfers $15–$30, ATM $3 out-of-network, NSF $35, cashier's checks, stop payments), credit card interchange and annual fees, and deposit account fees (dormant $15/month after 12 months, early closure $50). The bank sells via direct-to-consumer and small-business channels, with digital account opening for personal accounts, branch-based onboarding for non-residents and businesses, and marketing emphasis on community and cultural relevance to the Brazilian-American population.

Name

Banco Do Brasil Americas

Legal name

BB Americas Bank

Website

https://bbamericas.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

BB Americas Bank is a Miami-headquartered, FDIC-insured U.S. retail and commercial bank, wholly owned by Banco do Brasil S.A., serving the Brazilian diaspora and U.S.–Brazil cross-border customers with bilingual checking, savings, lending, credit cards, and the fee-free BB Remessa transfer corridor to Banco do Brasil S.A. accounts in Brazil.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Public Sector Retail Banks (State-Owned Commercial Banks) (FSABAKAL)

Keywords

• Retail banking services
• Cross-border banking
• Community banking
• International money transfers
• Commercial lending

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Revenue generated from interest on loans including personal loans, residential mortgages, auto loans, commercial loans, and lines of credit. The bank charges 16% annual percentage rate on overdrafts.
2. Fee Income: Various transaction and service fees including wire transfer fees ($15-$30 domestic, $30 international), ATM fees ($3 out-of-network), overdraft/NSF fees ($35), and account maintenance fees
3. Credit Card Revenue: Revenue from credit card transactions, annual fees, and interchange fees on credit card purchases
4. Deposit Account Fees: Fees for dormant accounts ($15/month after 12 months), closed accounts ($50 under 180 days), and various account services

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

BB Americas Bank is a U.S.-based community bank and wholly-owned subsidiary of Banco do Brasil S.A. that provides retail and commercial banking products to the Brazilian diaspora and U.S. residents with ties to Brazil. Its core offerings include checking and savings accounts, credit cards, personal and commercial loans, residential mortgages, and the BB Remessa fee-free money transfer service to Banco do Brasil accounts in Brazil. The bank distributes these services through branches, online and mobile banking, and a multilingual (English, Portuguese, Spanish) support model.

Product overview

BB Americas Bank operates as a digital-first banking platform offering a comprehensive suite of financial products and services. The bank serves three primary customer segments: U.S. Citizens and Permanent Residents, non-U.S. Citizens and Non-Permanent Residents, and business customers. Core offerings include checking and savings accounts (Classic, Gold, Money Market, CDs), credit cards (Platinum Plus, Platinum, Classic with secured variants), personal loans (unsecured, residential mortgages, auto loans for new and used vehicles), and business banking products (checking, savings, commercial and small business loans). Digital banking services include Online Banking and Mobile Banking apps for both personal and business accounts, featuring Remote Deposit Capture, Bill Pay, and Cash Management tools. Specialized products include BB Remessa for fee-free transfers to Brazil, Gold Global and Easy Account for international customers, and Zelle integration for peer-to-peer payments. Digital wallet integrations include Apple Pay and Samsung Pay. The bank positions itself as a Brazilian-focused institution in the U.S. market with bilingual support in English, Spanish, and Portuguese.

Differentiator

Problem solved

Functional benefit

Brands

• BB Remessa: Fee-free money transfer service enabling customers to send funds to Banco do Brasil S.A. accounts in Brazil
• Gold Global
• Easy Account

Products and services

• Checking Accounts Standard and premium (Classic, Gold) checking accounts for U.S. citizens and permanent residents, plus specialized variants for international clients (Gold Global, Easy Account), all with online and mobile access.
• Savings Accounts Interest-earning savings, money market, and certificate of deposit (CD) accounts for personal banking customers to deposit and grow funds.
• Credit Cards Platinum Plus, Platinum, and Classic credit cards for qualified applicants, plus secured credit card variants (Platinum Plus, Platinum, Classic) designed for non-U.S. citizens and international clients. No international transaction fees on purchases.
• Personal Loans Unsecured personal loans for debt consolidation, home improvements, and major purchases, available to personal banking customers.
• Residential Loans Mortgage financing solutions for purchasing or refinancing residential properties, available for both personal and international customers.
• Auto Loans Auto financing for purchasing new or used vehicles with competitive rates and flexible repayment terms.
• Business Checking Accounts Business Classic and Business Gold checking accounts offering standard and enhanced features for small businesses, including online banking and transaction capabilities.
• Business Savings and CDs Interest-earning business savings accounts, business money market accounts, and business CDs for companies to grow and manage funds.
• Business Credit Card Credit card designed for business expenses with tools for managing company spending and tracking.
• Small Business Loans Financing solutions including term loans, lines of credit, and working capital for small business growth.
• Commercial Loans Comprehensive commercial lending including revolving lines of credit, asset-based lines of credit, equipment financing, and commercial real estate loans.
• BB Remessa Fee-free international wire transfer service enabling customers to send money directly to Banco do Brasil S.A. accounts in Brazil at no cost.
• Online Banking Web-based banking platform for personal and business accounts allowing customers to manage accounts, transfer funds, pay bills, view statements, and send messages.
• Mobile Banking Smartphone applications for iOS and Android (personal and business) enabling customers to access banking services on-the-go including account management, transfers, and mobile check deposits.
• Cash Management Business banking service providing tools for managing cash flow, collections, and payment processing for commercial clients.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Early Warning Services, LLC (Zelle)coreTechnology or IntegrationEarly Warning Services, LLC is the owner and operator of the Zelle Network, which BB Americas Bank uses to provide peer-to-peer payment services to its customers. The bank integrates Zelle for domestic money transfers between enrolled users.
• FDIC (Federal Deposit Insurance Corporation)coreOthersThe FDIC insures deposits at BB Americas Bank up to the legal limit, providing deposit protection for customers.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Remitly: Digital-first cross-border remittance fintech with strong US-to-Latin America corridors including Brazil. Competes directly with BB Remessa on price, UX, and digital onboarding — and increasingly bundles deposit-adjacent products that could erode BB Americas' remittance-led deposit acquisition model.
• SoFi: Digital-first US bank with no monthly fees, early direct deposit, and an expanding international remittance offering. Competes with BB Americas for digitally-engaged, fee-sensitive US customers — including bilingual younger segments of the diaspora — on price and product breadth.
• Wise (TransferWise): Multi-currency account and cross-border payments platform offering USD accounts, low-cost FX, and remittances to Brazil. Comparable to BB Americas' Gold Global Checking and BB Remessa from a customer perspective — same cross-border financial flows, lower-cost digital delivery, no branch overhead.

Direct peers

• Banesco USA: Florida-chartered community bank owned by Venezuelan Banesco Group, targeting Venezuelan and broader Latin American diaspora with consumer and commercial banking. Same diaspora-banking model, same geographic anchoring in South Florida, and same parent-bank cross-border corridor as BB Americas.
• BAC Florida Bank: Florida-based commercial bank owned by BAC Credomatic (Central American banking group) serving the Latin American diaspora with checking, lending, and remittance products. Directly comparable to BB Americas in target customer (LatAm community in Florida), product mix, and corridor-based value proposition.

Regional players

• City National Bank of Florida: Florida-headquartered commercial bank with full consumer, SMB, and commercial lending products. Competes with BB Americas for the same Florida-resident and SMB customers, particularly in the Miami metro; broader product set but less cultural specialization.
• FirstBank Florida: Florida-focused community bank offering consumer and business banking with bilingual capabilities. Comparable as a regional Florida competitor to BB Americas for consumer deposits and SMB lending, though without a foreign-corridor remittance product.

Broad incumbents

• Valley National Bank: US regional bank with a strong presence in Florida following the BankUnited acquisition, offering consumer, commercial, and digital banking. Comparable as a scaled regional competitor for SMB lending and consumer deposits; less culturally specialized than BB Americas.
• JPMorgan Chase (Community & Hispanic Banking): National incumbent with dedicated Hispanic/Latino banking initiatives, multilingual branches, and an extensive US remittance and Zelle footprint. Competes for the same diaspora customer base as BB Americas but with vastly larger balance sheet, branch network, and technology investment.
• Eastern Bank: Large US community-oriented bank with established immigrant and multicultural banking programs, including dedicated Hispanic and immigrant segments. Competes with BB Americas on community-based retail banking, though at materially greater scale and broader geographic reach.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCis8I2F-hNF5v7PJgcL_fBw/featured
• LinkedInlinkedin.com/company/banco-do-brasil-americas
• Instagraminstagram.com/bbamericasbank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banco Do Brasil Americas