Transfer Money to Brazil

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About Money Transfers to Brazil

Whatever the occasion for your Brazilian Real money transfer, whether it be sending Brazilian Real to relatives in Sao Paulo or Rio de Janeiro, we will help you find the best deals. Providing you with comprehensive list of options, we will tailor your quote to your needs saving you the time and money that bank cant offer.

Listing only companies regulated by the FCA and helping thousands of people save money with our equitable and transparent service, you can rest assured that your money is in the most capable hands when transferring Real to Brazil.

Last updated: May 08, 2014 Our methodology

Quick Facts: Brazil

Key information for sending money to Brazil

Transfer Speed
2 working days
Local Currency
BRL
Income Tax Rate
0-27.5%
Avg. Property Price/m²
6,983.21 BRL
Avg. Monthly Rent (3 bed)
2,661.30 BRL
IBAN Required
Yes

Money Saving Tips for Brazil

Expert advice for your international transfer

If buying property, even though all contracts are processed in both Portuguese and English, it is advisable to hire a translator if your solicitor isnt fluent in both languages.

It is advisable to visit prospective locations prior to immigrating via a tourist visa, however it will forbid you from working, and you are only allowed to stay in the country for up to 90 days.

Unlike many other countries, foreigners can buy and own farmland in Brazil assuming they have a permanent Visa.

If immigrating, it is advisable to learn Portuguese before moving, in order to make expat life easier for yourself.

What You Need to Send Money to Brazil

Checklist of recipient bank details required

IBAN e.g. BR9700360305000010009795493P1
International Bank Account Number
SWIFT/BIC Code e.g. BANKBRXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Brazil

Banco Bradesco Banco do Brazil HSBC Bank Brasil SA - Banco Múltiplo Santander Brasil Caixa Econômica Federal Itau Unibanco

"When sending money to Brazil, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Brazil

What is the cheapest way to send money to Brazil?

The cheapest way to send money to Brazil depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Brazil?

Most transfers to Brazil are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Brazil?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Brazil?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Brazil

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.