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Table of Contents
Wise is my top pick for holding many currencies without a monthly fee and receiving money through supported local account details.
Nubank Ultravioleta Global suits customers who already qualify for its monthly-fee waiver, while Nomad and C6 give narrower USD and EUR options.
Revolut works best when its separate BRL and foreign-currency allowances match how you plan to exchange and spend.
Getting paid & spending abroad
With Wise you can spend in over 40 currencies abroad, and get paid using local account details.
A great alternative
Revolut offers more banking features than Wise, but is a bit more expensive if you need to exchange more than R$10,000 monthly.
What is a multi-currency account?
A multi-currency account lets you hold, convert and spend foreign currencies without converting every transaction back to BRL.
Some accounts also provide local receiving details or external wires, while others mainly support travel spending and transfers between their own customers.
That difference is crucial because holding a currency does not automatically give you bank details for receiving it.
At a glance
I think these are the best multi-currency account options in Brazil right now:
Broad currency holding: Wise
Regular foreign-currency exchange: Revolut
Ultravioleta customers meeting a waiver: Nubank Global
USD receiving and EUR travel spending: Nomad
C6-linked USD and EUR wires: C6 Conta Global
Best multi-currency accounts for people in Brazil
9.2
Wise
Fees
0.1% - 2.6%
Exchange Rate Markup
0%
Transfer Speed
Minutes - 24 hours
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
8.8
Revolut
Fees
0.3% - 1%
Exchange Rate Markup
0.1% - 0.6%
Transfer Speed
Minutes - 5 days
"Revolut has 70+ million customers globally. You can hold up to 25+ currencies in the app and send money quickly in 25+ currencies to 140+ countries."
US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.
Wise
Wise holds plenty of currencies and offers supported receiving details without monthly fees.
Key information
Wise
Type
Payment account
Currencies held
More than 40, including BRL
Monthly fee
R$0
BRL funding
Own-name Pix or TED for Brazilian tax residents
Receiving
Receiving details for selected currencies
Card
International Wise debit card
Receiving details cover selected currencies, so check the currency your employer or customer will use before opening an account.
BRL funding requires Brazilian tax residency and comes from your own bank account through Pix or TED.
Wise displays its conversion fee and applicable tax before you exchange, making each balance action easier to cost.
A BRL balance does not automatically pay for overseas card spending, so convert and hold the spending currency before using the card abroad.
Wise is a payment account rather than a bank, and its BRL and foreign-currency balances are supplied through different group entities.
Revolut
Revolut works well for smaller exchanges kept within the relevant allowance.
Key information
Revolut Brazil
Type
Payment account
Currencies held
Foreign currencies available in the app
Monthly fee
R$0 on Standard
BRL funding
Brazilian bank-account top-up
Receiving
Depends on the supported balance and account details
Card
Local and global cards
Standard has a R$1,000 monthly allowance for BRL to foreign-currency exchange, followed by a 1.4% charge.
Foreign-to-BRL conversion costs 1%, while foreign-to-foreign exchange has a separate R$10,000 monthly allowance and then costs 0.5%.
Foreign-to-foreign exchanges also attract a 1% weekend charge, making weekday conversions cheaper when you can plan ahead.
Transfers involving conversion add 0.5%, so an exchange inside the allowance does not guarantee a fee-free external payment.
I would use Revolut when I expected regular balance management and card spending, rather than opening it for one large BRL conversion.
Nubank Ultravioleta Global
Nubank Global suits Ultravioleta users who already qualify for monthly fee waivers.
Key information
Nubank Ultravioleta Global
Type
Premium global account
Currencies held
BRL, USD, EUR and more than 40 others
Monthly fee
R$89 unless waived
BRL funding
In-app conversion from BRL
Receiving
Transfers between Global users in USD, EUR and GBP
Card
Global debit card
Access requires Ultravioleta eligibility and Nubank’s credit assessment, so an ordinary Nubank account does not automatically qualify.
The R$89 monthly price becomes R$1,068 over a year when neither waiver applies.
The fee is waived with more than R$8,000 monthly credit-card spend or R$50,000 saved or invested at Nubank.
Nubank charges zero conversion spread from BRL, but IOF and any transfer-specific costs can still apply to the chosen action.
Transfers between Global-account users are available in USD, EUR and GBP, which is useful when the other person also has this account.
For salary payments from an external bank, I would choose an account with receiving details for the required currency.
This account makes most sense when the premium relationship already saves the monthly charge, since Wise offers broad holding without that condition.
Nomad
Nomad combines USD receiving with a separate EUR wallet for travel spending.
Key information
Nomad
Type
USD account with EUR wallet
Currencies held
USD and EUR
Monthly fee
R$0
BRL funding
Pix or TED currency purchase from R$50
Receiving
USD ACH and Wire, no external EUR details
Card
One debit card using EUR in the eurozone and USD elsewhere
Nomad requires Brazilian nationality by birth or naturalisation, adulthood, a Brazilian address and an accepted identity document.
The USD account can receive ACH and Wire payments, making it more useful for US income or transfers than the EUR wallet.
The EUR wallet has no personal IBAN or external ACH or Wire receiving details, although Nomad-to-Nomad EUR transfers remain available.
The same debit card uses the EUR wallet for eurozone purchases and withdrawals, then relies on USD outside the eurozone.
BRL purchases of USD or EUR use the commercial rate, a conversion fee from 1% and applicable charges shown for the action.
Converting between USD and EUR costs 0.30%, with a minimum exchange of US$8 or €8 depending on direction.
I would choose Nomad for its clear USD receiving function, while treating EUR as a spending wallet rather than a European bank account.
C6 Conta Global
C6 Conta Global offers USD and EUR accounts for existing customers.
Key information
C6 Conta Global
Type
Separate offshore USD and EUR accounts
Currencies held
USD and EUR
Monthly fee
No maintenance or inactivity fee
BRL funding
From an active C6 Brazil account
Receiving
USD and EUR wires
Card
International debit card
Each personal Global account has a US$10 opening cost unless your C6 relationship meets a waiver condition.
Funding starts at US$20 or €20, with the spread and IOF shown before confirmation inside the C6 app.
External wires cost US$10 or €10 with deductions and US$20 or €20 when sent without deductions.
Receiving an external wire costs US$10 or €10, which can take a large share of a small incoming payment.
USD and EUR conversion has a 0.90% spread without IOF, while spending in another currency adds a 2% conversion spread.
Unlike Nomad’s EUR wallet, C6 supports external EUR receipts, although its incoming-wire charge makes small, frequent payments less appealing.
C6 holds these accounts through its Cayman structure, so they should not be treated as ordinary Brazilian current-account balances.
Compare the cost of funding and using each account
IOF depends on the action, making a card purchase, BRL currency purchase and external transfer different cost events.
Wise and Revolut can suit broader currency management, while Nomad and C6 make more sense when USD or EUR covers the actual need.
Nubank's zero spread is useful for an existing waived customer, but paying R$89 monthly can outweigh occasional conversion savings.
Always separate an account's monthly cost from its conversion, card, incoming-payment and external-transfer charges.
Check who supplies each balance
Wise separates its Brazilian BRL service from foreign-currency balances supplied through its UK payment entity.
Nomad’s USD account and EUR wallet have separate product terms, so check the protection applying to the balance you intend to hold.
C6 Conta Global is held through C6's Cayman structure, despite funding and account access beginning inside the Brazilian C6 app.
Product-specific protection and legal terms should guide your choice instead of assuming every foreign balance has Brazilian bank-deposit coverage.
If you only need to send money abroad
A multi-currency account can be unnecessary for one tuition, invoice or family payment that does not require holding foreign currency.
The comparison below shows external BRL-funded transfer costs for top money transfer companies, rather than the price of converting money between your own balances.
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