News Product update

Brazil, Welcome to TransferWise

Wise
19.08.16 (updated more than 1 year ago)
Read time 1 minute

###We’re excited to announce that transfers from Brazil are live on TransferWise.

The launch means that you can now send money to and from Brazil with TransferWise. Fast, fair Brazilian Real transfers (BRL) are just a couple of clicks away.

Here’s what you need to know:

  • Brazilian customers can pay in their money with a Boleto. We’ll generate one for you after you’ve set up a transfer.

  • You'll pay a small one off fee of 2.5% (or 10 BRL for transfers under 400 BRL). And we always use the mid-market exchange rate.

  • Every month you can transfer up to 9,999 BRL. And while that’s a great looking number, we’re working to remove this limit.

  • TransferWise speaks Portuguese (olá!).

  • You can send money to Brazil as well. Our fee is just 1.5% for transfers to BRL.

  • Our small, one off fee covers the 0.38% IOF tax

For now, you need to set up your BRL transfers on our website. Real’s coming to our iOS and Android apps real soon though, so stay tuned.

Our FAQ pages have more information about sending money from Brazil, or setup your first transfer and try it out.

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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