Switching business account in Brazil, how it works

Snapshot

Brazil does not offer a full automatic switch service for a conta PJ. Salary portability lets an individual redirect a salary, but companies paid as a legal entity generally fall outside it. Switching a business account is mostly a manual process of moving Pix keys, updating boletos and receivables, redirecting direct debits, pointing clients to the new account, then closing the old one once everything has settled.

Automatic switch service: No full switch service for a conta PJ. Salary portability is aimed at individuals. Verify with the provider.
Pix keys: Pix keys can be ported between institutions, including a CNPJ key
What to move: Pix keys, boletos and receivables, direct debits and recurring payments, client payment details
Typical approach: Run both accounts in parallel until everything has settled, then close the old account

Fees and features as of 23 March 2026Last reviewed 23 March 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Switching a business account in Brazil is mostly a manual process. There is no full automatic switch service for a conta PJ, and salary portability, which lets an individual redirect a salary to another bank, generally does not cover companies paid as a legal entity. As of 23 March 2026 the practical steps are to open the new account, port your Pix keys, update boletos and receivables, redirect direct debits and recurring payments, point clients to the new account, then close the old one once everything has settled. Confirm the steps with both providers.

How switching works for a business in Brazil

Unlike some markets that offer a guaranteed switch service, Brazil leaves a business to migrate its own banking. The instant payment system Pix helps, because Pix keys can be ported between institutions, so a key such as the CNPJ can move to the new provider. Everything else needs a plan. As of 23 March 2026 the safe approach is to open the new conta PJ first, move payments across in stages, and keep the old account open until incoming receipts and outgoing payments have all moved. Confirm the porting and closing steps with both the old and the new provider.

Salary portability and the 2026 law

Salary portability is a right for individuals to redirect a salary or benefit to a bank of their choice at no cost, and a 2026 law strengthened portability and automatic debit rights. It is aimed at people who receive a salary, so companies paid as a legal entity generally fall outside it. A business owner who draws a salary personally may use salary portability for that income, while the company conta PJ is moved manually. As of 23 March 2026 confirm how the rules apply to your case with the provider.

Steps to switch a business account in Brazil

Open the new conta PJ and confirm it is fully active, then port your Pix keys, including the CNPJ key, to the new provider.
Update boletos and receivables, redirect direct debits and recurring payments, and give clients the new account details.
Keep the old account open until all incoming and outgoing payments have moved, reconcile the balance, then close it and confirm there are no pending fees.

Compare business accounts available in Brazil

These providers accept business customers in Brazil if you are moving your banking across. Fees and eligibility shown as of 23 March 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about switching business account in Brazil

Is there an automatic account switch service for businesses in Brazil?

Not in the way some countries offer a full switch service. Salary portability lets an individual redirect a salary to another bank, but companies paid as a legal entity generally do not fit that model. As of 23 March 2026 switching a conta PJ is mostly a manual process. Confirm the steps with both providers.

Can I move my Pix keys to a new bank in Brazil?

Yes. Pix keys can be ported between institutions, so a business can move a key such as the CNPJ to the new provider. As of 23 March 2026 confirm the porting steps and timing with both the old and the new provider.

What should a business move when switching account in Brazil?

Plan to move Pix keys, update boletos and receivables, redirect direct debits and recurring payments, point clients to the new account, then keep the old account open until everything has settled. As of 23 March 2026 confirm the process with both providers.

Does the new salary portability law affect businesses?

The 2026 law strengthens salary portability and automatic debit rights, but it is aimed at individuals who receive a salary or benefit. Companies paid as a legal entity generally fall outside salary portability. As of 23 March 2026 confirm how the rules apply to your case.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 23 March 2026. Confirm current terms with the provider before applying.