Located outside Brazil, has completed NexaPay settlement and KYB, and is also the final corporate payee applicable to cross-border settlement.
Funds flow and participants
Five participants.One connected funds flow.
The challenge is not moving money once. It is keeping the relationship between the overseas enterprise, Brazilian tax ID, marketplace store, local account and international settlement verified and traceable.
NNexaPayMerchant Dashboard and system connection
01Overseas enterprisesKYB onboarding
02Brazilian tax numberCNPJ/CPF
03Platform storeGenerates marketplace proceeds
04Partner financial institutionsAccount review and maintenance
Participants and their responsibilities
One marketplace payout.
Five clearly defined roles.
Holds a CNPJ or CPF, operates a local store, and is the account holder of an applicable merchant-named local account.
Sales funds are generated and settled through PIX, TED or applicable methods in accordance with the then-current rules of the platform.
Independently reviews, opens and maintains applicable accounts and determine account capabilities and continued use.
Provides BaaS technology, Merchant Dashboard, data and system connection, merchant operations, reconciliation support and partner-institution coordination.
Platform sales funds flow
Marketplace proceeds enter Brazil,
support local operations and settle internationally.
Click on the three steps to view the payer, account, amount and result corresponding to each step.
Payment scenarioBrazilian consumers place orders in local stores
Consumers pay the platform, and the platform forms the seller's settleable sales amount based on the order, payout and settlement cycle.
ORDER VALUER$ 12.850,00Order completed
Sender of fundsThe marketplace initiates the payout in accordance with its rules
Amazon, SHEIN currently generally use TED; other applicable platforms may use PIX. Actual payout methods are subject to the marketplace rules displayed at the time.
SETTLEMENT RAILPIX / TEDPlatform → Local Account
Account HolderMerchant’s own CNPJ or CPF
The account name of the approved account is consistent with the approved Brazilian tax number holder. After BRL is recorded in the account, it can be queried, used for local operations or arranged for FX conversion.
AVAILABLE BALANCER$ 681.545,68Local account in the approved CNPJ or CPF holder’s name
Once BRL is credited, choose the appropriate operating path
Registration information and relationship review
Before an account application,
verify the operating relationships.
The cooperative agency needs to determine whether there is a real and reasonable business relationship between the overseas enterprise, the Brazilian tax number holder and the store.
Overseas enterprise KYBCompany, beneficial owners, business model
Brazil CNPJ/CPFHolder and tax ID information
Store and business relationshipPlatform, store and business certificate
Data submission and relationship verification ↓
Merchant DashboardData organization · System connection · Status synchronization
Independent review by partner institutions ↓
Account status, transaction and settlement recordsReturn to the merchant’s Chinese background for unified query
Account and balance attributes
Products may display a balance,
but their legal nature and permitted use differ.
NameHolder/SubjectMain usesIs it held in the merchant-related CNPJ/CPF holder’s name?
CNPJ holder-named local accountMerchant’s Brazilian sales entityMarketplace proceeds and local fund operationsYes
CPF holder-named local accountVerified individual store operatorApplicable platform sales and account capabilitiesYes
NexaPay BRL WalletNexaPay Fintech LLCDedicated merchant balance and applicable fund managementNo
Overseas settlement accountOnboarded overseas enterpriseReceive the converted currency after exchangeHeld in the overseas enterprise’s name
The actual account and service capabilities are subject to the merchant's approved plan, account information and applicable terms.
Account and balance ownership
Three fund structures and their legal attributes
CNPJ **.***.***/0001-**
The account name is consistent with the merchant’s approved Brazilian CNPJ; the CPF store displays the approved personal name.
R$ 482.650,00
Each merchant records balances and transactions independently, but it is not a Brazilian bank account opened in the merchant's name.
USD ACCOUNT · •••• 6188
The USD after exchange is settled to the approved overseas enterprise account, usually arriving on T+1.
Common questions
Account structures and eligibility requirements
Does NexaPay open or approve the local account?+
No. Applicable accounts are independently reviewed, opened and maintained by partner banks or payment institutions; NexaPay provides BaaS technology, Merchant Dashboard and operational connectivity.
Can a foreign enterprise be associated with multiple CNPJs or CPFs?+
Yes. After completing the settlement of overseas enterprises, multiple Brazilian tax numbers, holders and store relationships can be submitted for review.
Is BRL Wallet a bank account in the merchant’s name?+
No. It is an dedicated ledger balance allocated to merchants under NexaPay Fintech LLC, which is used to record applicable funds and transactions.
Plan consultation
Confirm the appropriate path for your entity structure.
Please prepare overseas enterprises, Brazilian CNPJ or CPF, stores and current funding arrangements. The account manager will explain the applicable solution based on the verified subject relationship.