Company Information

Get to know Sicoob Coopercorreios

Founded on August 29, 1989, by employees of the Brazilian Post and Telegraph Company (ECT), Sicoob Coopercorreios is a financial cooperative dedicated to providing its members with financial solutions and services. As part of the Sicoob System, the largest cooperative financial system in Brazil, it operates on the principle that its members are also the owners, participating in the results. The cooperative offers a comprehensive portfolio of banking products, including checking accounts, credit lines, financing, investments, insurance, and payment methods, all tailored to the specific needs of employees of Correios, its subsidiaries (Postalis and Correios Participações), and their relatives.

Industry

Financial BankingPRIMARY
Financial Other Service

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Sicoob Coopercorreios

Brazil

Founded in

2000 (26 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.