At some point you may need to make a financial transfer to an account other than yours.
For this, there is TED and DOC. The latter allows transactions with a maximum value of BRL 4,999.99 to an account at a bank other than yours. For values above BRL 5 thousand, it is necessary to use the TED.
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The moment you make a TED or DOC, you are prompted for a number.
In case of Bank of Brazil, the code for TED or DOC is 1.
This information must be cautiously filled, as some wrong information or number (like the bank number), causes the DOC or TED to be returned and, therefore, in case of payment of bills, the debt will be considered as unpaid, that is, there is the possibility of the creditor charging interest and fines.
In addition to the bank code, the branch, current account number and CPF or CNPJ must be verified for the procedure to occur correctly.
Timetable TED Bank of Brazil
The time for TED to fall on the same day is from 7:30 am to 5:00 pm at the Bank of Brazil. In case of TED transfer made after 5:00 pm, the amount will be credited to the account only on the following business day.
How much does TED cost at Banco do Brasil?
Banco do Brasil has two options for carrying out TED or DOC transactions, varying their prices:
- For in-person TED or DOC: BRL 16.30 per transaction
- For electronic TED or DOC (by self-service, ATM or internet): BRL 8.80 per transaction