Still using a bank or a broker to send money to Brazil? There’s now a smarter, cheaper way.
If you send dollars to Brazil, TransferWise could save you a lot of money compared to your bank or a broker.
That’s because TransferWise uses the mid-market exchange rate. Other providers – including banks, PayPal and brokers – typically use a big mark-up on this rate, which can cost you a lot of money, since they add that cost to any fees they charge.
How TransferWise works:
- Our transfers are fast, fair and low cost – the fee is just 1.5% to send dollars to real.
- You always get the real exchange rate for your dollars - with no costly mark-up.
- You can make BRL transfers straight from TransferWise.com, or from our iOS and Android apps.
- You can send money with TransferWise directly to BRL bank accounts.
Ready to sign up? Create your free account by clicking here.
Or read here for more information about making your first transfer to Brazil.
So whether you need to move money between your own accounts, send money to family or friends, pay bills or manage invoices for your business, TransferWise will save you time and money, and makes the process much easier.
You can also sign up for the TransferWise Borderless account, which lets you get paid, manage currencies, and manage international business payments without the hassle or expense of a bank.
And since we always use the real exchange rate - unlike banks and brokers who hide big costs in the bad exchange rates they use - you’ll know exactly how much you’re going to receive every time.
So, next time you need to send money to Brazil, remember there's a smart new way to do it. And why not invite your friends? When 3 people that you invite sign up and each make one transfer over $300 (or equivalent in the currency they send us), you’ll earn $75 or equivalent in the supported currency of your choice.
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