US SSN requested by Brazilian banks?

jc1234 Active member

80POSTS

5 years ago

Itau sent me an email to give them my social security number for reporting purposes to the US gov. Has anyone else gotten the same request from their banks?

Looks like a legit email but just want to make sure before I give out my SSN.

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abthree Brazil Expert

6453POSTS

5 years ago

It's probably a legitimate request, to satisfy US Treasury reporting requirements.聽

I would advise against providing it by email, though, in case it IS a phishing attempt.聽 Do it in person, or through the bank's app.

2 members reacted to this post

Texanbrazil ViP

2744POSTS

5 years ago

No. Banks will not ask for the information online. I would print the email and take it to the bank.
All my years here I have never been asked. Early on I had to take bank stmts and I redacted my SSN as well as first-year I provided proof of payment of US taxes with redacted SSN

2 members reacted to this post

sprealestatebroker ViP

1288POSTS

5 years ago

Meeting the request of US IRS is done by filling your tax forms, using your SSN ID, and adding the banking聽 ID and account number through FATCA forms.

Your Brazilian Bank has no business in this.

NewBrazil Serial expat

332POSTS

5 years ago

What are you trying to do with the bank. If you are trying to do direct deposit of your US聽 social Security or a pension. Like what was said before normally聽 the Bank doesn鈥檛 ask this only may ask for proof of source of the money. I experience this when wire money for a car purchase. But never ask for the information you posted. Remember Brazil doesn鈥檛 have a tax agreement with the US.

rraypo Serial expat

776POSTS

5 years ago

I am a new Itau customer. They did not ask for my Social Security Number. The wanted my US passport number, CPF number, and my new CRNM.

sprealestatebroker ViP

1288POSTS

5 years ago

Correct, they have no business with the SSN.聽聽They could care less about it.聽 Only Americans think of SSN as a big deal.

In Brazil, the CPF is asked at all times to validate transactions or provide access to all types of data, , there's hardly any way to link CPF and banking or CC聽 account numbers聽 for theft identity and online crimes.

If someone is soliciting the SSN through ITau, it sounds sketchy.聽 Sounds like your data is getting a read, and you are getting a spoofed e-mail from a scamer.聽

Best thing to do, if you do online transactions, is to get a VPN, clean your cookies and browsing history with more frequency, and avoid using Chrome as a browser.聽聽

There isn't to say that illegal data mining is not done here. It's actually rampant.聽 I used to be solicited lists of people and mobile phone numbers parsed by occupation, income, zip code, auto ownership, etc.聽聽 Your data here is fair game, and no one talks about it.