You can find information about sending money from Brazil on our From BRL page.
For more information and to get started with your first transfer, click here!
Skip to sending to BRL
Skip to information regarding BRL business payments
Sending to BRL
|TransferWise Fee||1.5% (or 10 BRL for payments under 667 BRL)||When sending from currencies where the fee would normally be 0.5%, the fee is instead 1.5%. Our fee includes 0.38% IOF (Imposto sobre Operações Financeiras).|
|Delivery time*||1 working day||*After payout. Please keep in mind that TransferWise can take up to two working days to convert your money after receiving it|
|Additional thresholds for extra information||10,000 USD per transfer / 35 000 BRL per month / 70 000 BRL per year*||Due to Brazilian regulations, if your transfer amount exceeds the equivalent of 10,000 USD (per transfer) in BRL or 35,000 per month* or 70,000 BRL per year** you may be contacted for extra information. You can read more about this here.|
|Countries we can send to||Brazil only|
|Additional Receiving Banking Fees||None|
|Recipient Full Name||Yes||Please include first name and surname.|
|Recipient Local Account Number and Type||Yes||BRL Local Account number should be 4-20 digits, and the type of account must be specified.|
|Recipient Bank name and branch code||Yes||Bank name can be selected via a dropdown list during payment setup, branch code should be 4-5 digits.|
|Recipient Tax ID/CPF||Yes||BRL Tax ID should be 11 digits.|
|Recipient Phone Number||Yes||This is mandatory for all BRL recipients and must be a local Brazilian phone number.|
|Fixed/specific amount||Yes||The currency you're sending from must also be able to send fixed amounts. Please see our other currency FAQs more information.|
|Rate Limit||5%||When creating a payment to Brazil, you are subject to a rate limit of 5%. This means that if, in the time between transfer creation and TransferWise completing your transfer, the rate drops by 5% or more, then your transfer may be delayed.|
* This limit applies per 30 days and not per calendar month
** This limit applied per 365 days and not per calendar year
Information regarding BRL business payments
Payments to Brazil can only be personal payments. Both the sender and recipient must be a privately owned account of an individual. The money for a BRL transfer cannot come from a business account, trust fund, or any type of third party account and it can not be sent to a business in Brazil.
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