The Regressive Spread campaign is a program available to all Nomad customers and has the benefit of reducing the spread (service fee) charged on remittances.
Each client will have a level that will define the spread percentage charged on the transaction to be contracted.
The level is defined based on the accumulated value of remittances from Brazil to the US completed in the 6 months before the current quotation. Remittances to checking account and investment account are accounted for cumulatively.
The table shows the relationship between the accumulated amounts and the corresponding spread applied to each level.
Level 0 | Level 1 | Level 2 | Level 3 | |
Accumulated value |
Up to US$3.000 | + US$3.000 | + US$10.000 | + US$20.000 |
Spread |
2,0% | 1,6% | 1,3% | 1,0% |
Remittances from the US to Brazil are not used to define the level, but the regressive spread is also applied to this operation.
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