Articles in this section

Which institutions regulate Nomad's activities?

Global account:

It is open in partnership with a US bank, Community Federal Savings Bank, a member of the FDIC (US Federal Agency), which ensures amounts of up to US$ 250,000 in US bank accounts.

To learn more about the FDIC, click here.

Investment account:

It is open in partnership with the investment brokerage, Drivewealth, regulated by FINRA (American Financial Industry Regulatory Authority).

We are also licensed by the SEC (Securities and Exchange Commission), a US agency that licenses companies to provide investment advice.

To learn more about FINRA, click here.

To search for the broker on the FINRA database, click here.

To learn more about the SEC, click here.


Exchange operations:

Nomad acts as a banking correspondent for Banco Ourinvest to carry out exchange operations in the application.

The Central Bank of Brazil regulates this activity through National Monetary Council Resolution n° 4.935/2021.

To learn more about the Resolution, click here.



Was this article helpful?
11 out of 12 found this helpful