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Why is there a monthly limit from Brazil?

There are two ways to send us your BRL, with different limits invloved.

Paying by boletos bancarios.

The monthly limits for transferring money abroad using boletos bancarios, which apply to our partner in Brazil (and therefore, us) are $3000 (USD, or its equivalent in BRL) and R$10,000 (BRL). As exchange rates change every minute, we need to limit our transfers so they stay within both of these limits at all times.

So, the limit per calendar month and also per transfer is R$9,000, if you're paying via boleto.

Paying by bank transfer (only TED)*.

If your TransferWise account is registered with a Brazilian address, the limit is R$30,000 per transfer. There's no limit per calendar month.

If you're currently living outside of Brazil, the limit is R$9,000 per transfer. There's also no limit per calendar month.

*Please note we can only accept TED transfers.

Sending more then 50,000 BRL per year.

If you wish to send more than 50,000 BRL per year, you'll need to upload verification documents. You can find more information here.

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