[DanielHB]

When I tell that I used to withdraw cash at the ATM in one bank, cross the street, deposit the CASH in another bank ATM people think I am crazy. But I was doing monthly that circa 2014, all to avoid paying ~3 USD transfer fee (what was called a DOC/TED).

In Brazil your employer kinda chooses which bank they use and you kinda have to open a bank account with them to get paid, but it is hardly worth it to move your credit card to another bank. This is why my salary came in one bank and my credit card bills came in another.

[gota]

Sorry that you wasted time but - it was wasted time!

"Salary portability" is ensured in Brazil by the Banco Centra, at least since 2006. Employees can receive salary in any bank account they choose, even if their employer processes payroll through a different bank.

The original bank must automatically transfer the funds to the employee’s choice of account without charging a transfer fee: https://www.bcb.gov.br/meubc/faqs/p/existe-algum-custo-para-...

[DanielHB]

I am aware of that, which is why I said "kinda" but that was my first job out of uni and I didn't want to create a fuss.