Financial Policy

Last Updated: January 2025

1. Overview

This Financial Policy outlines the terms, conditions, and procedures governing all currency exchange operations conducted by SOL CORRETORA DE CÂMBIO S.A., hereinafter referred to as "SOL Corretora," "we," "us," or "our." By engaging our services, you agree to abide by the terms set forth in this policy.

SOL Corretora is fully authorized and regulated by the Banco Central do Brasil (BCB) under authorization code 23655. All operations are conducted in strict compliance with applicable Brazilian laws and regulations.

2. Exchange Rates and Fees

2.1 Exchange Rates

Exchange rates offered by SOL Corretora are based on prevailing market conditions and are subject to change without prior notice. Rates are typically quoted in real-time and may include a spread above the interbank rate. The rate applicable to your operation will be confirmed at the time of contract execution.

2.2 Fees and Commissions

SOL Corretora may charge fees and/or commissions for its services, including but not limited to:

• Brokerage Commission: A fee for arranging and executing the exchange transaction.
• Documentation Fee: A fee for processing regulatory documentation.
• Transfer Fee: A fee for international wire transfers (may include SWIFT, intermediary bank, and correspondent bank charges).
• Administrative Fee: A fee for additional administrative services requested by the client.

All applicable fees will be disclosed to the client prior to the execution of any transaction.

3. Payment Terms

3.1 Settlement

All exchange operations must be settled in accordance with the terms agreed upon in the exchange contract. Settlement typically occurs within 1-3 business days for international transfers and on the same day for domestic operations.

3.2 Accepted Payment Methods

• Domestic bank transfer (TED/DOC/PIX)
• Cash deposit (subject to BCB limits)
• Check (subject to clearance)

4. Contractual Obligations

4.1 Exchange Contract

Each exchange operation is formalized through an exchange contract as required by BCB regulations. The contract specifies the amount, currency pair, exchange rate, fees, settlement date, and other relevant terms.

4.2 Client Responsibilities

• Provide accurate and complete documentation
• Ensure funds are available for settlement
• Comply with all applicable laws and regulations
• Notify SOL Corretora of any changes in circumstances that may affect the operation

5. Cancellation and Amendment

5.1 Cancellation by Client

Clients may request cancellation of an exchange contract subject to the following conditions:

• Cancellations requested before the settlement date may be subject to an administrative fee.
• Cancellations after settlement have commenced may result in losses due to exchange rate fluctuations.
• All cancellation requests must be submitted in writing.

5.2 Amendments

Amendments to exchange contracts may be permitted subject to BCB regulations and SOL Corretora's internal policies. Additional fees may apply.

6. Regulatory Compliance

SOL Corretora is committed to full compliance with all applicable laws and regulations, including but not limited to:

• Banco Central do Brasil (BCB) regulations on foreign exchange
• Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) laws
• Brazilian General Data Protection Law (LGPD)
• International sanctions and embargoes

7. Dispute Resolution

Any disputes arising from exchange operations shall first be addressed through direct negotiation between the parties. If a resolution cannot be reached, the dispute shall be resolved in accordance with Brazilian law in the courts of Natal, Rio Grande do Norte.

8. Contact Information

For questions regarding this Financial Policy, please contact us: