Banco Safra S.A., Luxembourg branch

Banco Safra S.A., Luxembourg branch is the Luxembourg presence of the Brazilian bank Banco Safra S.A., part of the J. Safra Group, operating under host-country oversight by the Commission de Surveillance du Secteur Financier (CSSF) alongside home-country supervision by the Banco Central do Brasil. The branch positions itself as a booking and servicing center for private, institutional, and corporate clients, with activities that typically include multi-currency accounts, custody, discretionary and advisory portfolio management, brokerage of transferable securities and funds, fixed income placements and structured products, treasury services, and trade finance and cash management for corporates. Client onboarding follows Luxembourg AML/CFT standards with enhanced due diligence for cross‑border relationships, and documentation and servicing are commonly available in English, French, and Portuguese. Investment services delivered in Luxembourg are subject to MiFID II conduct and suitability rules, and the branch applies tax reporting and due diligence frameworks required by Luxembourg law, including CRS and, where applicable, FATCA under the IGA. International payments are supported via SWIFT; euro transfers within the Single Euro Payments Area may be available depending on the account setup. As a third‑country branch, deposit and investor protection for eligible clients is provided in line with Luxembourg statutory schemes within their limits and eligibility criteria, subject to the branch’s participation and the applicable framework; non‑deposit investments remain exposed to market and issuer risk. The service model is relationship‑based and not oriented to mass‑market retail, with minimum balance requirements and fee schedules that should be reviewed in the account and service agreements before onboarding.