Latin American companies doing business abroad often need USD and EUR payment routes alongside local currency collections and payouts. This guide covers the available rails, account setup, onboarding documents, and stablecoin regulation in key regional markets.
International payment routes for Latin American companies
An approved Latin American company can use HEVN to collect USD or EUR, pay overseas suppliers, and access supported local rails such as PIX and SPEI. Invoices, transaction records, and supporting documents stay together for reconciliation and review.
For most customer and supplier payments, fiat transfers provide the clearest transaction record. Depending on the country and corridor, supported rails include SWIFT, SEPA, PIX, SPEI, ACH, and US domestic wire.
Supported payment rails
USD is available through SWIFT. PIX and SPEI support both pay-in and payout with account details in the company's name.
| Currency | Direction | Corridor | USD vs Spread | Payment Fee | Sender account |
|---|---|---|---|---|---|
| USD | Pay-in | SWIFT (Global) | - | $25 | Account under your company name |
| USD | Payout | SWIFT (Global) | - | $25 | Account under your company name |
| BRL* | Pay-in | PIX | 0.45% | R$ 0.20 | Account under your company name |
| BRL* | Payout | PIX | 0.35% | R$ 0.20 | Account under your company name |
| MXN | Pay-in | SPEI | 0.25% | Free | Account under your company name |
| MXN | Payout | SPEI | 0.25% | MX$4.10 | Account under your company name |
*The Brazilian real fluctuates, which may affect current pricing.
Documents to prepare
Onboarding documents depend on the country of incorporation. Examples include:
- Brazil: Cartão CNPJ, Junta Comercial registration (NIRE), proof of address dated within the past 90 days, and an Ata de Assembleia or Reunião plus Procuração
- Mexico: Acta Constitutiva, Folio Mercantil, Constancia de Situación Fiscal from SAT, recent proof of address, and an Acta de Asamblea plus Poder Notarial
- Colombia: Certificado de Existencia y Representación Legal, RUT from DIAN, recent proof of address, and an Acta de Junta Directiva
HEVN may also request identity documents for directors and beneficial owners, an ownership chart, contracts and invoices, expected counterparties, and evidence of source of funds.
Stablecoins and regulation in Latin America
Latin America does not have one regional stablecoin framework. Brazil's Law No. 14,478/2022 covers virtual assets used for payments or investment and requires authorization for virtual-asset service providers. In Mexico, Article 30 of the Fintech Law defines virtual assets and places activity by regulated institutions under Banco de México rules.
Stablecoin access depends on the country, provider, token, tax treatment, and foreign-exchange rules. For ordinary customer and supplier payments, fiat transfers through local or international bank rails are usually simpler and create a clearer accounting trail.
Benefits of a Fiat Account for a Latin American company
- Receive payments from US customers through ACH or domestic wire.
- Use account details in your company's name to match incoming payments with customers and invoices.
- Keep USD to pay US suppliers, contractors, software vendors, and other operating costs.
- Move funds between local currency accounts and the Fiat Account when another currency or payment rail is needed.
- Keep invoices, payment records, confirmations, exports, roles, and approvals in one workspace.
We'll confirm available accounts, payment rails, limits, pricing, and expected account-opening time during onboarding.
