How can I change my currency from US dollars to brazilian reais?

6 replies
Hi Larissa, we can add Brazilian Reais to the currency list in Hub pretty easily. However, are you sure you want to do this? In the grand majority of cases, you'll want to stick with USD, especially if any of your commitments will be in USD or your fund entity will be formed in Delaware. If your LPs are all contributing in reais and your entity will be formed in Brazil, we can add this currency to Hub for you. Let me know.

Hi Travis, we are still figuring out if the entity will be in Delaware or in Sao Paulo, but for now our best estimate is that it will be in Brazil. Is this somenthing we can change again if anything changes?

We can change the currency setting on the account very easily on our backend, but what wouldn't change would be monetary values.
E.g. if you got a bunch of pacts signed for 100k Reais, and we changed the setting to be USD, your account would then say pacts for 100k USD. We don't perform any currency conversion etc.
E.g. if you got a bunch of pacts signed for 100k Reais, and we changed the setting to be USD, your account would then say pacts for 100k USD. We don't perform any currency conversion etc.

Hi Woody, how can we proceed to chance the currancy to braziliand reais R$? Thanks

Hi
@Woody Butler
have you had the chance to look into this for us? Highly appreciate!

Hi
@Larissa Bomfim
, thanks for the ping on this. I've just updated your account's currency.
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