Tried a local bank but it would not accept my ATM card. I knew Citibank would. There was a high fee for withdrawal but what you gonna do. I think it said R$24 or 24 reais. R$ is the notation for their currency called 'real' or 'reais' for plural. At the current rate the fee equaled to about $7.60 or so. Keep in my that your own bank may charge a fee as well. I was just happy to have some local currency in hand. I am also happy that it's just a few blocks from where I'm staying. I'm sure I'll come back for another withdrawal again before I leave. read more