We basic live in another world. This technology of exchanging fiat currencies didn't reach Brazil's banking system.
I know many rich people here, millionaires, who don't have a bank account which can receive USD. Regulations are strict here, more than you can imagine.
Bruh! There is SWIFT and IBAN!
I don't even have to know your currency, whether you live be it Uganda or Brazil or Thailand, you give me your SWIFT code and I deposit. I don't even need to have and USD account or an EURO account, exchange is done automatically between banks, that's the whole reason SWIFT was invented in the first place, a settlement platform between banks on foreign currency.
Do you think I need to open a peso account here in Europe to receive money from Argentina?
We have business partners in 20 different currencies, but we always use the same account, the whole international trade would be screed if you needed the same currency accounts in every country.
But you can't transfer BRL, can you? I don't think you can even buy it in your bank. Try later

So you're telling me nobody in Europe can send you money unless we open a BRL account here? Seriously?
