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Most of us think we have a handle on how to transfer money online until the time comes to actually do it - and then it turns out, it's often more confusing than we'd realized! With so many options these days, it's not always easy to discern which method you should pick. Which is why, in this guide, I'll show you the best way to send money to Brazil safely and efficiently.
With a population of 212 million people and a growing popularity of fintech, Brazil is an in-demand destination for online money transfers. According to a 2024 report by PYMNTS Intelligence, 66.8% of Brazilians used mobile banking apps on their phones at least once a month,[1] and 77% used the Pix digital payment system.
As of writing this, plenty of online money transfer apps and remittance platforms are supported in Brazil, but which ones are actually worth your time and money? After a lot of research and first-hand experience, here's my list of the top 8 platforms:
- Ogvio - Best for User-Friendly Interface
- Wise - Best for Large Transfers
- Revolut - Best for Money Management Tools
- Western Union - Best for Cash Pickups
- Krak - Best for Crypto Transfers
- PayPal - Best for Bill Splitting & Money Pooling
- Remitly - Best for Sender Protection
- OFX - Best for Advanced Features
Let's dig in and explore each of them in turn, and see what a money transfer to Brazil looks like on Ogvio.
1. Ogvio - Best for User-Friendly Interface
Ranks #1 out of 8 Money Transfer Services
- + Remittance-oriented
- + Instant transfers
- + Incremental-to-no fees
- + Crypto support
- + @Tag functionality
- + Free transfers between users
- - No card (coming soon)
It's hard to choose the absolute best way to send money to Brazil, but Ogvio would definitely be a strong contender. This upcoming money transfer app promises to have it all: low fees, instant transfer speed, reliable infrastructure, and an intuitive user experience.
Ogvio | |
|---|---|
Fees | Free transfers between Ogvio users Free crypto deposits Bank transfer top-up - free Card top-up - 1% Bank withdrawal fees depend on where you're sending from |
Supported Countries | 160+ countries and regions |
Supported Currencies | 40+ currencies |
Transfer Speed | Usually instant (depends on the transfer method) |
Payment Methods | Credit/debit card, Apple Pay, Google Pay, bank transfer |
Transfer Limits | None |
Platform Support | Browser-based |
Other Features | Crypto support on Base network @Tag functionality Payment request links Currency conversion to USD or EUR upon deposit |
Table: Overview of Ogvio features
One of Ogvio's selling features will be its fees. Unlike some of its competitors, you won't find any hidden fees or unfair currency conversion rates. What you see is exactly what you get. What's more, transfers to other Ogvio users will be 100% free, positioning this platform to become the cheapest way to send money to Brazil.
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| 2025 | |
| Vytautas Zabulis | |
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| MSB | |
| Visit site Read review |
Table: Ogvio company info
This will all be achieved with Ogvio’s underlying infrastructure. It employs smart contract technology, which provides a massive speed and scalability advantage. Your transfers will usually go through in seconds with no freezes or delays.
Plus, your wallet will be protected with advanced 256-bit AES encryption and biometric security, and your funds will be stored on-chain in secure vaults - no banks or other middlemen in the process.
You'll be able to top up your account with 40+ available currencies, and they'll be automatically converted to either USD or EUR (your choice). This way, your funds will be protected from inflation, instead of constantly fluctuating in value if you're depositing one of the more volatile currencies.
Ogvio will also have something to offer for crypto lovers. It will support storing and trading top cryptocurrencies on the Base network. Among its list of 7,000+ supported banks and wallets worldwide, you'll find Ledger, Binance, Kraken, and Coinbase.
And there's more! With Ogvio, you'll be able to split your bills with friends quickly (by sending payment requests), send money to your family members abroad, and earn rewards for referrals. In addition, the upcoming Ogvio Card will allow users to spend money around the world and save on currency conversion fees.
2. Wise - Best for Large Transfers
Ranks #2 out of 8 Money Transfer Services
- + Transparent fees
- + Fair exchange rates
- + A smooth user experience
- + Multi-currency accounts
- - Service coverage is broad, but not entirely worldwide
- - Cash pickups aren’t available
- - Added compliance checks for large transfers
When trying to find the best way to send money to Brazil, most people would definitely appreciate discounts, especially on larger transfers. That's exactly what you'll find on Wise, along with some other neat features like an exchange rate lock-in and a transparent fee calculator.
Wise | |
|---|---|
Fees | Starting from 0.1% for certain transfers 0.32% - 0.62% for other transfers |
Supported Countries | 160 countries and regions |
Supported Currencies | 40 currencies |
Transfer Speed | Instant or up to several hours, depending on the payment method |
Payment Methods | Credit/debit card, bank transfer, iDEAL |
Transfer Limits | $2,000 to $1.6 million per transfer $2,000 to $50,000 per day $8,000 per week $250,000 per 60 days |
Platform Support | Web, mobile (iOS and Android) |
Other Features | Large transfer discounts Fee calculator Live progress tracking 48-hour exchange rate lock-in |
Table: Overview of Wise features
Let's say you're trying to transfer money from the UK to Brazil. Wise's website makes it pretty easy to figure out how much you'll have to pay. In this case, sending 100 GBP would cost 0.95-1.49 GBP in fees. Wise is very clear about its fee structure: it includes a bank transfer fee (optional), its own platform fee, and the IOF tax.
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| 2011 | |
| Taavet Hinrikus, Kristo Käärmann | |
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| FCA, EMI, EEA, MSB | |
| Visit site Read review |
Table: Wise company info
Making larger transfers on Wise definitely pays off in the long run. If you're sending 22,000 GBP or more, the fees get progressively lower, dipping from 0.95% all the way to 0.78% on average. This discount applies to most major currencies, including the Brazilian real.
The delivery time varies depending on the destination country and the payment method: you could expect it to take anywhere between a few seconds to several hours. As for the payment methods, you'll find a standard package of credit or debit card and a bank transfer, and some extra options too, such as iDEAL.
Currency exchange rates are a frequent headache for users who transfer money abroad, and Wise has got it covered with a handy exchange rate lock-in feature. You can "freeze" your rate for up to 48 hours at a time to avoid the hassle of fluctuating currency value.
Wise is fully licensed in most countries it operates in, including Brazil, where it's registered as a foreign exchange brokerage firm. It has a 24/7 fraud monitoring team and safeguards the users' funds with 2FA verification, biometric security, and advanced encryption.
3. Revolut - Best for Money Management Tools
Ranks #3 out of 8 Money Transfer Services
- + Instant transfer (for Revolut users)
- + Multi-currency wallet
- + Earning options
- + Built-in budgeting tools
- + Stock trading
- - Weekend exchange rate markup
- - Limited perks
- - No full banking features
With a user base of over 60 million people worldwide, Revolut is better known as a digital bank. However, it first rose to fame as an online money transfer app. It boasts low fees, a user-friendly interface, and plenty of additional features, such as built-in budgeting tools, bill splitting, stock and crypto trading, and more.
Revolut | |
|---|---|
Fees | Free transfers to other Revolut accounts Free transfers to SEPA Other international transfers starting from 0.2% or $10 |
Supported Countries | EEA, Australia, Brazil, Japan, New Zealand, Singapore, Switzerland, UK, US |
Supported Currencies | 25+ currencies |
Transfer Speed | Instant |
Payment Methods | Credit/debit card, bank transfer, Apple Pay, Google Pay |
Transfer Limits | 29,999 BRL for a single payment |
Platform Support | Mobile (iOS and Android) |
Other Features | Stock and crypto trading Budgeting tools Credit or debit card Subscription plans |
Table: Overview of Revolut features
One of the best things about Revolut is that it allows free transfers to other Revolut accounts - so if your friends or family are using this app, this might just be the cheapest way to send money to Brazil. The mobile Revolut app supports sending or requesting money directly from the DM chat window.
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| 2015 | |
| Nik Storonsky, Vlad Yatsenko | |
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| EEA, ECB, FCA, MAS | |
| Visit site Read review |
Table: Revolut company info
You can top up your account with your credit or debit card and send up to 29,999 BRL in a single transfer, or convert BRL to 25+ other available currencies or the other way around. The app separates all your funds by currency, so you won't get mixed up if you want to switch between using different currencies.
If you really want to make the most of Revolut, however, it features four paid plan tiers with tons of extra features. With a Plus, Premium, Meta, or Ultra plans (ranging from $3.99 to $55 per month), you'll get perks such as higher withdrawal limits, insurance, partner subscriptions, savings interest, airport lounge access, and more.
Revolut's analytics section is definitely far above what you'd find on most regular money transfer apps. If you find yourself asking, "How much money can I send to Brazil this month?", simply set up a budget and Revolut will show you how much you still have left to spend in every category.
As an officially licensed online banking platform, Revolut's security is top-notch. It includes strict identity checks, biometric protection, an in-house AI algorithm that continuously monitors all transactions and flags suspicious ones, and a simple account freezing procedure.
Did you know?
All Money Transfer Services may look similar to you, but they're NOT all the same!
4. Western Union - Best for Cash Pickups
Ranks #4 out of 8 Money Transfer Services
- + An established money transfer service
- + Available in most countries
- + Multiple delivery types, including cash pickup
- + Various ways to fund a transfer
- - High fees and exchange rate markup
- - Outdated app interface
- - Doesn't allow long-term fund storage
Founded in 1871, Western Union is famous as the world's first money transfer service - and today, it's one of the most popular online payment services that's available in over 200 countries and regions, including Brazil. What's more, if you need to figure out how to send money to Brazil just once, you can enjoy your first transfer with zero fees.
Western Union | |
|---|---|
Fees | First transfer for free Other transfers: around $0.65 to $3.76 for every $100 |
Supported Countries | 200+ countries and regions |
Supported Currencies | 130+ currencies |
Transfer Speed | A few minutes to a few business days, depending on the transfer method |
Payment Methods | Credit/debit card, bank transfer, Apple Pay, cash payment at a pickup location |
Transfer Limits | Before verification: up to 1,000 EUR per transaction or within a 3-day period After verification: up to 5,000 EUR per transaction. |
Platform Support | Web, mobile (iOS and Android) |
Other Features | Online fees and exchange rates calculator Transaction scheduling Live transaction tracking and email notifications |
Table: Overview of Western Union features
As for the subsequent transfers, the cost depends on the sender's country, their destination, currency, and the payment method. For example, if you're looking into how to send money to Brazil from the USA, transferring 100 USD would result in 535.44 BRL and cost 1.99 to 8.99 USD.
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| 1851 | |
| Ezra Cornell, Jeptha Wade, Hiram Sibley, Samuel L. Selden | |
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| FinCEN, PSD | |
| Visit site Read review |
Table: Western Union company info
You can pay with a credit or debit card, bank transfer, Google Pay, or in-store, while your recipient can receive the money through their bank account, Pix, or a cash pickup point. As of writing this, Western Union has 26 pickup locations in Brazil's major cities, which can be a convenient option if you're sending to someone without a bank account, for instance.
Like most similar apps, Western Union lets you track your transfers by entering your tracking number (MTCN) online or in the app and get email notifications once they arrive. There's also a handy scheduling feature: you can start, pause, and resume transactions from the history page.
Western Union has different transfer limits for verified and non-verified users. If you're wondering "How much money can I send to Brazil without submitting my private details?", the answer is - not that much (only 1,000 USD). However, once you get verified, the limit increases to 5,000 USD.
Aside from regular money transfers, this platform supports bill payments for family members and even sending money to inmates. What's more, you can refer up to 20 people and receive a $15 Amazon gift card, while your referees get an Amazon gift card of their own with a value of $15. As far as rewards and discounts go, Western Union is definitely worth considering.
5. Krak - Best for Crypto Transfers
Ranks #5 out of 8 Money Transfer Services
- + Smooth payment flow
- + Quick fiat & crypto transfers
- + Reward earning functionality
- + Strong security features
- + Responsive customer support
- - Lacks some features for advanced traders
- - Krakback and similar rewards may be restricted in certain regions
If you're looking at how to send money to Brazil for free, P2P transfer apps are priceless. Founded by Kraken, one of the most popular centralized crypto exchanges worldwide, Krak App lets users transfer not only money but crypto, too, without the hassle of delays or fees.
Krak App | |
|---|---|
Fees | Free |
Supported Countries | 160+ countries and regions |
Supported Currencies | 300+ currencies (fiat and crypto) |
Transfer Speed | Instant |
Payment Methods | Credit/debit card, bank transfer, crypto transfer |
Transfer Limits | $15,000 across both fiat and crypto transfers per week |
Platform Support | Mobile (iOS and Android) |
Other Features | Crypto rewards Payment request links |
Table: Overview of Krak's features
The first thing you should know about Krak is that it delivers exactly what it promises: completely free transfers. Whether you're sending USD, EUR, or crypto assets like BTC or ETH, it will reach other Krak users with no extra costs.
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| 2025 | |
| Arjun Sethi, Jesse Powell | |
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| MiCA, FCA, FinCEN | |
| Visit site Read review |
Table: Krak company info
You can top up your account with a credit or debit card, a bank transfer, or use it as a non-custodial crypto wallet to deposit cryptocurrencies from another wallet or account. The weekly transfer limit of $15,000 (across both fiat and crypto) is pretty generous and should be more than enough for casual senders.
Just like with most other P2P transfer apps, you can not only send money but request it, too, by generating shareable links. They can be posted into Krak's DMs or anywhere else you prefer.
Krak takes its security seriously: your funds are backed by transparent Proof-of-Reserves on major assets, as well as advanced encryption and multisignature authentication.
Last but not least, this app comes with an attractive rewards system called KrakBacks. In a nutshell, whenever you make your first transfer of the day, you get surprise crypto! And not just meme coins, either; the reward assets include major coins like BTC, too.
6. PayPal - Best for Bill Splitting & Money Pooling
Ranks #6 out of 8 Money Transfer Services
- + Easy to use
- + Simple payment process
- + Strong security
- + Wide coverage
- + Access to crypto
- - High fees
- - Not available everywhere
- - Customer support complaints
As one of the oldest and most popular money transfer platforms out there, PayPal hardly needs an introduction, but let's kick off with one anyway. This app offers a convenient way to pay for purchases online and send or request money, and features both a credit and a debit card.
PayPal | |
|---|---|
Fees | Free to other PayPal accounts Free for domestic transfers (with no currency conversion) 5% for international transfers (with currency conversion) |
Supported Countries | 110+ countries and regions |
Supported Currencies | 24 currencies |
Transfer Speed | Instant transfers to other PayPal accounts Other transfers depend on the payment method |
Payment Methods | Credit/debit card, bank transfer, PayPal Balance |
Transfer Limits | Unverified account: up to $4,000 per transfer Verified account: up to $60,000 per transfer |
Platform Support | Web, mobile (iOS and Android) |
Other Features | Bill splitting Money pooling Reloading mobile phone data Cryptocurrency support |
Table: Overview of PayPal features
PayPal is the cheapest way to send money to Brazil (or one of them, at any rate) if your recipient is a fellow user: this platform doesn't charge any fees for user-to-user transfers. This way, it works just like any other P2P money transfer app, letting you quickly DM funds to your contacts or request them with links.
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| 1998 | |
| Peter Thiel, Max Levchin, Luke Nosek, Ken Howery, Yu Pan | |
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| FinCEN, ASIC, FCA | |
| Visit site Read review |
Table: PayPal company info
Domestic transfers are free, as well, but international transfers (AKA, the ones that involve currency conversion) come with a fee. If your process of how to send money to Brazil from the USA includes transferring to someone without an account, for example, you'll be charged 5% of your transfer amount.
Just like some of its other competitors, PayPal is packed with user-friendly features that make you want to encourage all your family and friends to get on board. Aside from being able to easily split the bill, you can also pool money together with other users for gifts or other purposes.
PayPal has a verification system that determines your transfer limits. Unverified users can only send up to $4,000 during a single transfer, but after completing identity verification, the limit gets a significant bump up to $60,000 per transfer.
And if you find that PayPal alone isn't enough to cover your needs, check out Xoom, a PayPal service that expands its parent platform's capabilities with a few additional remittance features. For instance, you can use it to pay international bills or send money to friends and family abroad in the form of cash.
7. Remitly - Best for Sender Protection
Ranks #7 out of 8 Money Transfer Services
- + Great platform accessibility
- + 170+ receiving countries
- + Home delivery available
- + Major and local payout options
- - Escalating FX rates
- - Confusing fees
P2P platforms aren't the only way to get free transfers. Enter Remitly - a remittance platform that offers the best way to send money to Brazil, even to people who don't have an account. It offers free transfers for certain country combinations, and luckily, some of them apply to Brazil.
Remitly | |
|---|---|
Fees | Starting from $3.99 |
Supported Countries | 170+ countries and regions |
Supported Currencies | 100+ currencies |
Transfer Speed | Varies depending on the payment method |
Payment Methods | Credit/debit card, Apple Pay, bank transfer, cash pickups |
Transfer Limits | Up to $100,000 per transfer |
Platform Support | Web, mobile (iOS and Android) |
Other Features | Free first transfers Refunds for transfer delays Live transfer tracking Email and SMS notifications |
Table: Overview of Remitly features
So, how to transfer money to Brazil for free on this app? Sending from the US is one way. As of writing this, transferring 100 USD means the recipient would get 557.08 BRL. If you're sending from most other countries, though, the transfer costs around 3.99 USD (or equivalent).
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| 2011 | |
| Matt Oppenheimer, Josh Hug, Shivaas Gulati | |
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| FinCEN, FCA, DIFR | |
| Visit site Read review |
Table: Remitly company info
You can pay for your transfer with a credit or debit card, a bank transfer, or Apple Pay, while your recipient has an even wider range of methods for collecting their funds. Remitly supports Pix and a number of major banks in Brazil, including Banco Bradesco, Nubank, Santander, and Inter. There's also an option to pick up the transfer in cash.
The transfer speed varies depending on the payment method, but if your payment accidentally gets delayed, it might actually work out in your favor: Remitly promises a 100% refund on your fees in the case of delays or any other issues.
If you're wondering, "How much money can I send to Brazil with Remitly?", you're in luck - with Remitly's transfer limits, you're unlikely to hit the ceiling on a regular basis. This platform allows up to $100,000 per transfer, which will probably be plenty for most users.
Remitly's security measures include account verification, 2FA, and Secure Socket Layer (SSL) with 256-bit encryption. You can also track your transactions on the web or mobile app and set up email or SMS notifications.
8. OFX - Best for Advanced Features
Ranks #8 out of 8 Money Transfer Services
- + Handles multi-currency accounts for global businesses
- + Schedule large transfer seamlessly
- + Integrates with Xero and QuickBooks
- + Issue unlimited virtual cards with custom limits
- - Primarily designed for business clients
- - Standard plan limited to two free users only
How to transfer money to Brazil while avoiding the fluctuating currency exchange rates? OFX might just have the answer you need. It comes with a number of advanced features that go above and beyond what most customers would ask of a money transfer app.
OFX | |
|---|---|
Fees | $10 for transfers up to $5,000 Free transfers over $5,000 |
Supported Countries | 170+ countries and regions |
Supported Currencies | 50+ currencies |
Transfer Speed | 1-3 business days |
Payment Methods | Credit/debit card, bank transfer |
Transfer Limits | No transfer limits (except the ones imposed by the bank) |
Platform Support | Web and mobile (iOS and Android) |
Other Features | Discounts for the first transfer Limit orders Forward contracts Scheduled payments |
Table: Overview of OFX features
OFX transfer fees vary based on the destination country, currency, and payment method, but on average, you'd pay around $10 for transfers up to $5,000, while larger transfers are free.
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| 1998 | |
| Matt Gilmour | |
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| FinCEN, ASIC, FCA, CBI, FINTRAC | |
| Visit site |
Table: OFX company info
Speaking of large transfers, another perk you'll find on this app is the lack of transfer limits. At least on OFX's part, that is - you'll still have to adhere to the limits set by your own bank, but the platform itself doesn't have any upper ceiling for how much you're allowed to transfer.
Regardless of everything else, the best way to send money to Brazil includes getting a favorable currency exchange rate, and this is where OFX really shines. You can set up a limit order that will automatically execute once the exchange rate reaches the one you'd specified in advance, or lock in the current exchange rate for up to a year. OFX also supports scheduled payments.
When it comes to transfer methods, OFX has plenty of options for Brazilian users: it integrates with the most popular banks in Brazil, such as Banco Bradesco Financiamentos, Caixa Econômica Federal, HSBC, and Banco PanAmericano.
Being a remittance platform, this app can handle more than just regular payments. You can use it to pay your family's bills overseas or even sell international shares.
Comparison of the Best Apps for Sending Money to Brazil
There's no single best way to send money to Brazil - there are simply too many apps and platforms out there that might just prove to be the perfect fit for you! Still, if you're feeling overwhelmed with options, here's a quick overview of all the top choices:
Fees | Supported Countries & Currencies | Transfer Speed | Payment Methods | Transfer Limits | |
|---|---|---|---|---|---|
Transfers between Ogvio users & top-ups with a bank account - free; Bank transfers vary by method, corridor, and amount | 160+ countries and regions 40+ currencies | Usually instant, depending on the transfer method | Credit/debit card, Apple Pay, Google Pay, bank transfer | No explicit limit in Brazil | |
Wise | Starting from 0.1% for certain transfers 0.32% - 0.62% for other transfers | 160 countries and regions 40 currencies | Instant or up to several hours, depending on the payment method | Credit/debit card, bank transfer, iDEAL | $2,000 to $1.6 million per transfer $2,000 to $50,000 per day $8,000 per week |
Western Union | Around $0.65 to $3.76 for every $100 | 200+ countries and regions 130+ currencies | A few minutes to a few business days, depending on the transfer method | Credit/debit card, bank transfer, Apple Pay, cash payment at a pickup location | Unverified: 1,000 EUR per transaction Verified: 5,000 EUR per transaction |
Revolut | Free to other Revolut accounts Other transfers: from 0.2% or $10 | 38 countries and regions 25+ currencies | Instant | Credit/debit card, bank transfer, Apple Pay, Google Pay | 29,999 BRL for a single payment |
Krak | Free P2P transfers Bank transfers: 0-3 EUR Card transfers: 0.25 EUR + 3.75% | 160+ countries and regions 300+ currencies (fiat and crypto) | Instant | Credit/debit card, bank transfer, crypto transfer | $15,000 per week |
PayPal | Free to other PayPal accounts Free for domestic bank transfers 5% for international bank transfers | 110+ countries and regions 24 currencies | Instant transfers to other PayPal accounts Other transfers depend on the payment method | Credit/debit card, bank transfer, PayPal Balance | Unverified: $4,000 per transfer Verified: $60,000 per transfer |
Remitly | Starting from $3.99 | 170+ countries and regions 100+ currencies | Varies depending on the payment method | Credit/debit card, Apple Pay, bank transfer, cash pickups | Up to $100,000 per transfer |
OFX | $10 for transfers up to $5,000 Free transfers over $5,000 | 170+ countries and regions 50+ currencies | 1-3 business days | Credit/debit card, bank transfer | No transfer limits (except the ones imposed by the bank) |
Table: Comparison of the best ways to transfer money to Brazil
As you can see, they all have their strong points and shortcomings, so the key is to decide on your priorities and must-haves while filtering out what you can compromise on.
How to Send Money to Brazil from Portugal
Ogvio is well-positioned to become the best way to send money to Brazil if you value simplicity and low fees. It's not officially out yet, but with this tutorial, you can learn how to use it ahead of time.
Keep in mind that if you're sending money to Brazil from other countries than the ones I've included here, the process will still look the same for the most part, but your fees, available payment methods, or transfer limits might differ.
Transferring money from an EU country overseas tends to come with steep international transfer fees - but, thankfully, not with Ogvio. This platform will allow you to simply top up your account with EUR and send money directly to another Ogvio user (or even their bank account, where they can receive it in their own local currency, BRL).
In this tutorial, I'll show you how to transfer money from Portugal to Brazil using Ogvio's free P2P transfer feature, but keep in mind that you'll have two more options to choose from: a bank transfer and a crypto transfer. Sending 100 EUR through a bank transfer will cost around 1.88%, but if, let's say, you're sending 300 EUR, you'll only pay 0.98%.
Without further ado, here's your quick guide on how to make a user-to-user transfer from Portugal to Brazil:
![Best way to send money to Brazil: click [Get Started].](https://assets.bitdegree.org/images/best-way-to-send-money-to-brazil-ogvio-portugal-get-started.jpg "Best way to send money to Brazil: click [Get Started].")
Ogvio's KYC process is pretty standard: you'll have to submit a photo of your ID (a national ID card, passport, or driver's licence), then take a selfie and upload a proof of address (e.g., a utility bill or a bank statement).
![Best way to send money to Brazil: click [Add Money].](https://assets.bitdegree.org/images/best-way-to-send-money-to-brazil-ogvio-portugal-add-money.jpg "Best way to send money to Brazil: click [Add Money].")
![Best way to send money to Brazil: click [Send Money].](https://assets.bitdegree.org/images/best-way-to-send-money-to-brazil-ogvio-portugal-send-money-v1.jpg "Best way to send money to Brazil: click [Send Money].")
The second-best thing about user-to-user transfers on Ogvio is that they'll be not only free, but instant, too, so the money should drop into your recipient's balance in just a few seconds.
How to Send Money to Brazil from UK
For users in the UK, Ogvio will offer some of the most competitive fees for bank transfers to Brazil. Sending 100 GBP should only cost 2.06 GBP plus the currency conversion fee of 0.3%. Here's your quick guide:
![Best way to send money to Brazil: choose [Bank transfer].](https://assets.bitdegree.org/images/best-way-to-send-money-to-brazil-ogvio-uk-bank-transfer.jpg "Best way to send money to Brazil: choose [Bank transfer].")
Here you go! The transfer speed will depend on the bank in question. Just make sure your recipient's bank account supports transfers from Ogvio!
How to Send Money to Brazil from USA
Next up, I'll show you how to transfer a payment from the United States. Before we begin, however, I should give you a heads-up on a potential hurdle some American residents might face. If you live in the USA, you won't be able to pass KYC on Ogvio, which will limit your top-up options to credit/debit card and crypto. You also won't be able to withdraw fiat to a bank account.
US citizens who live in another country and pay taxes there will be able to pass KYC on Ogvio and access all its features (if the country in question is among those that are fully supported).
The good news is that crypto transfers will be one of the cheapest ways to send funds on Ogvio. Just note that initially, it will only support top currencies on the Base network, such as USDC or BTC and several others. That said, here's how to make a USDC transfer from the USA to Brazil using Ogvio:
![Best way to send money to Brazil: click [See Your Wallet Address].](https://assets.bitdegree.org/images/best-way-to-send-money-to-brazil-ogvio-see-wallet-address.jpg "Best way to send money to Brazil: click [See Your Wallet Address].")
![Best way to send money to Brazil: click [Crypto Wallet].](https://assets.bitdegree.org/images/best-way-to-send-money-to-brazil-ogvio-usa-add-crypto-wallet.jpg "Best way to send money to Brazil: click [Crypto Wallet].")
That's all. Just like fiat transfers to other Ogvio users, crypto transfers are usually instant.
Cheapest Ways to Send Money to Brazil
The money transfer apps I've curated for this list all have their upsides and weak points, but if I had to single out the one feature bound to become the deciding factor for most users, that would surely be transfer fees. To that end, here's a quick recap on which apps and platforms offer the most cost-effective way to make payments to Brazil:
- Ogvio. With its support for 100% free payments between users, this platform is going to be among the best ways to pay your family or friends online without the hassle of extra costs. It will also have free bank top-ups and competitive bank withdrawal fees.
- Wise. This platform's fees start as low as 0.1% for certain transfers, and sending over 25,000 USD (or equivalent) over the course of a calendar month makes you eligible for a fee discount.
- Revolut. This app, too, has an identical free P2P transfer policy, as well as free crypto transfers.
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Free |
Bank - free Card - varies SWIFT - varies |
Card - up to 1.7% Bank - free |
|
| Free |
|
ATM - up to 2% | |
|
|
|
|
|
|
|
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| Visit site Read review | Visit site Read review | Visit site Read review |
Table: Ogvio, Wise, and Revolut fee comparison
When it comes to fees, you couldn't go wrong with any of these platforms, so you'll probably want to choose based on other perks and features they come with.
What Else Should You Know About Transferring Money to Brazil? Tips & Mistakes to Avoid
Finding the perfect platform for the job is only part of the equation. Every country has its own financial and legal nuances regarding money transfers. Here's what you should take into account before trying to send money to Brazil.
First of all, don't forget to take all of the transfer costs into account, not just the transfer fees. Currency exchange rate is one such factor that can easily slip your mind. As of November 17, 2025, the BRL/USD exchange rate has fluctuated by:
- -0.32% in the last 7 days;
- 1.89% in the last 30 days;
- -0.06% in the last 60 days;
- 3.60% in the last 90 days.
This might not seem like a lot at first glance, but if you're sending a large amount, these fluctuations could shave quite a significant amount off your final transfer value. Here's where the currency exchange rate lock-in feature comes in handy. Unless your payment is urgent, it's always best to wait for a more favorable FX rate than to make a spontaneous payment.
Taxes are another common pitfall. In May and June 2025, Brazil's government amended the rules of the national Financial Transactions Tax (IOF), standardizing the fee for certain types of international transactions. However, personal remittance transfers from abroad remain taxed at 0.38%.
If you're moving funds between your own accounts (that is, from a foreign account to your account in a Brazilian bank), your transfer will be taxed at 3.5%.
While the payment method you choose will depend on your own preferences, I highly recommend choosing Pix as a delivery method if your platform supports it. Pix is used by the vast majority of Brazilian residents as an instant alternative to regular bank transfers. However, it's tied to the user's CPF number (an individual taxpayer identification number in Brazil), so you'll have to ask your recipient to write it down for you.
Conclusions
Discovering the best way to send money to Brazil is all about setting your priorities straight. Money transfer apps come in all shapes and sizes, catering to different types of target audiences, but there's always something for everyone.
While low fees are probably the number one thing most users ask for, don't overlook other important factors. Some features, like a currency exchange rate lock-in, can be a great way to save some money in the long run, and a wider range of payment methods (especially local ones) offer a lot of flexibility.
Don't miss your chance to join Ogvio early and claim rewards! BitDegree is also currently running the Season 8 Airdrop campaign - join in for a chance to share the $15,000 prize pool!
Scientific References
1. PYMNTS Intelligence: 'How The World Does Digital: A Global Benchmark Of Consumer Digital Transformation';
2. Rafiq M., Sohail M. K.: 'Anti-Money Laundering (AML) and Regulatory Technology: A Systematic Literature Review'.
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