How to send money to Bolivia from Brazil with the best BRL-BOB rate

Regency FX is the cheapest way to send money from Brazil to Bolivia. Sending R$40,000 will get your recipient 85,793.29 BOB in minutes - 24 hours.

With Regency FX, deposit via bank transfer and withdraw in bank deposit to get the most BOB in Bolivia.

Best companies for BRL/BOB transfers

4 of 4 providers

Last updated on 10 November 2026

Based on 40,000 BRL transfer

Best companies for BRL/BOB transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee R$4,695.27 1 BRL = 2.1496 BOB +0.05% vs mid-market Recipient gets Bs 75,889.64 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bolivia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
R$4,695.271 BRL = 2.1496 BOB
Bs 75,889.64You payR$40,000.00
Promoted

Regency FX

Pay via Bank transfer
Fee R$0.00 1 BRL = 2.1448 BOB +0.27% vs mid-market Recipient gets Bs 85,793.29 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Bolivia with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 BRL = 2.1448 BOB
Bs 85,793.29You payR$40,000.00

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Regency FX

Pay via Bank transfer
Fee R$0.00 1 BRL = 2.1448 BOB +0.27% vs mid-market Recipient gets Bs 85,793.29 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Bolivia with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 BRL = 2.1448 BOB
Bs 85,793.29You payR$40,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee R$60.00 1 BRL = 2.1171 BOB +1.57% vs mid-market Recipient gets Bs 84,558.58 Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Bolivia with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
R$60.001 BRL = 2.1171 BOB
Bs 84,558.58You payR$40,000.00

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.

Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee R$327.50 1 BRL = 2.1171 BOB +1.57% vs mid-market Recipient gets Bs 83,992.25 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Bolivia with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
R$327.501 BRL = 2.1171 BOB
Bs 83,992.25You payR$40,000.00

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.

$0 fee on first online transfers

MoneyGram

Pay via Pix
Fee R$0.00 1 BRL = 2.0759 BOB +3.54% vs mid-market Recipient gets Bs 83,036.00 Minutes - 24 hours

Ways to receive money in Bolivia with MoneyGram when paying by pix.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Yolo Pago
Free1 BRL = 2.0759 BOB
Bs 83,036.00You payR$40,000.00
Bank depositMinutes - 24 hoursAvailable via:All Banks
Free1 BRL = 2.0654 BOB
Bs 82,616.00You payR$40,000.00
Cash pickupMinutes - 24 hours
Free1 BRL = 2.0345 BOB
Bs 81,380.00You payR$40,000.00

Wise

Pay via Bank transfer
Fee R$4,695.27 1 BRL = 2.1496 BOB +0.05% vs mid-market Recipient gets Bs 75,889.64 Within a week
Our top pick
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bolivia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
R$4,695.271 BRL = 2.1496 BOB
Bs 75,889.64You payR$40,000.00

Wise

Pay via Pix
Fee R$4,695.27 1 BRL = 2.1496 BOB +0.05% vs mid-market Recipient gets Bs 75,889.64 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bolivia with Wise when paying by pix.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
R$4,695.271 BRL = 2.1496 BOB
Bs 75,889.64You payR$40,000.00
How Our Results Work
Mid-market rate: 1 BRL = 2.1506 BOB Updates every 60 minutes.

How to send money from Brazil to Bolivia

Pick a company

Start with the cheapest, which is Regency FX at 85,793.29 BOB for a R$40,000 transfer.

Regency FX was the cheapest on 30 of the 30 days it quoted R$40,000 transfers to Bolivia.

The IOF is the same whichever company you pick, so it's about the exchange rate markup and the fees.

Fund your transfer

You have 3 ways to pay, including bank transfer, pix, and debit card.

Verify and send

You'll need your CPF and a photo ID to register and verify your account.

Once that's done, you can send money to Bolivia.

Compare amounts

How much BRL are you sending to Bolivia?

How much BRL you send to Bolivia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from R$40,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
R$1,000-0.22%R$0.00Bs 2,156.10with pix to bank deposit+Bs 146.04
R$5,0000.58%R$0.00Bs 10,695.00with pix to bank deposit+Bs 483.28
R$10,0000.68%R$0.00Bs 21,368.00with pix to bank deposit+Bs 954.38
R$40,000This page0.27%R$0.00Bs 85,793.29with bank transfer to bank deposit+Bs 4,266.72
R$50,0000.27%R$0.00Bs 107,299.16with bank transfer to bank deposit+Bs 5,365.96
R$100,0000.27%R$0.00Bs 214,543.76with bank transfer to bank deposit+Bs 10,659.59

Mid-market rate: 1 BRL = 2.1506 BOB

BRL/BOB Exchange Rate History

Is today a good time to send money from Brazil to Bolivia?

The cheapest way to send BRL to BOB can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 40,000 BRL transfers to Bolivia.

BOB received for R$40,000, after fees

Tue, Nov 10, 2026Mid-market rateBs 86,025.56 Regency FX Bs 85,793.29Regency FXBs 85,793.29RevolutBs 84,558.58MoneyGramBs 83,036.00

80,000
85,000
90,000
95,000
100,000
At the mid-market rateWith the cheapest optionRegency FXRevolutMoneyGram
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3735 – Bs 94,938.60
Regency FX Cheapest 2.3671 R$0.00 Bs 94,682.27 −Bs 256.33
Revolut 2.3543 R$60.00 Bs 94,031.39 −Bs 907.21
MoneyGram 2.2733 R$0.00 Bs 90,932.00 −Bs 4,006.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3798 – Bs 95,192.96
Regency FX Cheapest 2.3734 R$0.00 Bs 94,935.94 −Bs 257.02
Revolut 2.3305 R$60.00 Bs 93,079.17 −Bs 2,113.79
MoneyGram 2.2754 R$0.00 Bs 91,016.00 −Bs 4,176.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3354 – Bs 93,417.88
Regency FX Cheapest 2.3291 R$0.00 Bs 93,165.65 −Bs 252.23
Revolut 2.3103 R$60.00 Bs 92,273.15 −Bs 1,144.73
MoneyGram 2.2759 R$0.00 Bs 91,036.00 −Bs 2,381.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3222 – Bs 92,888.40
Regency FX Cheapest 2.3159 R$0.00 Bs 92,637.60 −Bs 250.80
Revolut 2.2989 R$60.00 Bs 91,816.86 −Bs 1,071.54
MoneyGram 2.2538 R$0.00 Bs 90,152.00 −Bs 2,736.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3002 – Bs 92,009.84
Regency FX Cheapest 2.2940 R$0.00 Bs 91,761.41 −Bs 248.43
Revolut 2.2701 R$60.00 Bs 90,666.40 −Bs 1,343.44
MoneyGram 2.2445 R$0.00 Bs 89,780.00 −Bs 2,229.84
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3084 – Bs 92,336.80
Regency FX Cheapest 2.3022 R$0.00 Bs 92,087.49 −Bs 249.31
Revolut 2.2851 R$60.00 Bs 91,268.22 −Bs 1,068.58
MoneyGram 2.2346 R$0.00 Bs 89,384.00 −Bs 2,952.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3084 – Bs 92,336.80
Regency FX Cheapest 2.3022 R$0.00 Bs 92,087.49 −Bs 249.31
Revolut 2.2851 R$60.00 Bs 91,268.22 −Bs 1,068.58
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3128 – Bs 92,511.88
Regency FX Cheapest 2.3066 R$0.00 Bs 92,262.10 −Bs 249.78
Revolut 2.2898 R$60.00 Bs 91,454.45 −Bs 1,057.43
MoneyGram 2.2346 R$0.00 Bs 89,384.00 −Bs 3,127.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3187 – Bs 92,747.80
Regency FX Cheapest 2.3124 R$0.00 Bs 92,497.38 −Bs 250.42
MoneyGram 2.2452 R$0.00 Bs 89,808.00 −Bs 2,939.80
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3236 – Bs 92,942.48
Regency FX Cheapest 2.3173 R$0.00 Bs 92,691.54 −Bs 250.94
Revolut 2.3047 R$60.00 Bs 92,050.83 −Bs 891.65
MoneyGram 2.2670 R$0.00 Bs 90,680.00 −Bs 2,262.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3338 – Bs 93,353.20
Regency FX Cheapest 2.3275 R$0.00 Bs 93,101.15 −Bs 252.05
Revolut 2.3077 R$60.00 Bs 92,170.77 −Bs 1,182.43
MoneyGram 2.2711 R$0.00 Bs 90,844.00 −Bs 2,509.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3254 – Bs 93,017.60
Regency FX Cheapest 2.3192 R$0.00 Bs 92,766.45 −Bs 251.15
Revolut 2.3014 R$60.00 Bs 91,919.26 −Bs 1,098.34
MoneyGram 2.2842 R$0.00 Bs 91,368.00 −Bs 1,649.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3699 – Bs 94,794.56
Regency FX Cheapest 2.3635 R$0.00 Bs 94,538.61 −Bs 255.95
Revolut 2.3409 R$60.00 Bs 93,496.27 −Bs 1,298.29
MoneyGram 2.2866 R$0.00 Bs 91,464.00 −Bs 3,330.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3699 – Bs 94,794.56
Regency FX Cheapest 2.3635 R$0.00 Bs 94,538.61 −Bs 255.95
Revolut 2.3251 R$60.00 Bs 92,865.72 −Bs 1,928.84
MoneyGram 2.2866 R$0.00 Bs 91,464.00 −Bs 3,330.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.3606 – Bs 94,423.72
Regency FX Cheapest 2.3542 R$0.00 Bs 94,168.78 −Bs 254.94
MoneyGram 2.2866 R$0.00 Bs 91,464.00 −Bs 2,959.72
Revolut 2.0594 R$60.00 Bs 82,252.15 −Bs 12,171.57
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2113 – Bs 88,450.76
Regency FX Cheapest 2.2053 R$0.00 Bs 88,211.94 −Bs 238.82
Revolut 2.1604 R$60.00 Bs 86,287.70 −Bs 2,163.06
MoneyGram 2.1415 R$0.00 Bs 85,660.00 −Bs 2,790.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2269 – Bs 89,077.64
Regency FX Cheapest 2.2209 R$0.00 Bs 88,837.13 −Bs 240.51
Revolut 2.1873 R$60.00 Bs 87,360.43 −Bs 1,717.21
MoneyGram 2.1821 R$0.00 Bs 87,284.00 −Bs 1,793.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2491 – Bs 89,963.72
Regency FX Cheapest 2.2430 R$0.00 Bs 89,720.82 −Bs 242.90
Revolut 2.2206 R$60.00 Bs 88,692.03 −Bs 1,271.69
MoneyGram 2.2072 R$0.00 Bs 88,288.00 −Bs 1,675.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2276 – Bs 89,103.28
Regency FX Cheapest 2.2216 R$0.00 Bs 88,862.70 −Bs 240.58
Revolut 2.2231 R$60.00 Bs 88,791.21 −Bs 312.07
MoneyGram 2.1954 R$0.00 Bs 87,816.00 −Bs 1,287.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2261 – Bs 89,044.36
Regency FX Cheapest 2.2201 R$0.00 Bs 88,803.94 −Bs 240.42
Revolut 2.2009 R$60.00 Bs 87,902.68 −Bs 1,141.68
MoneyGram 2.1594 R$0.00 Bs 86,376.00 −Bs 2,668.36
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2261 – Bs 89,044.36
Regency FX Cheapest 2.2201 R$0.00 Bs 88,803.94 −Bs 240.42
Revolut 2.2009 R$60.00 Bs 87,902.68 −Bs 1,141.68
MoneyGram 2.1594 R$0.00 Bs 86,376.00 −Bs 2,668.36
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2348 – Bs 89,390.00
Regency FX Cheapest 2.2287 R$0.00 Bs 89,148.65 −Bs 241.35
Revolut 2.2009 R$60.00 Bs 87,902.68 −Bs 1,487.32
MoneyGram 2.1594 R$0.00 Bs 86,376.00 −Bs 3,014.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2301 – Bs 89,202.40
Regency FX Cheapest 2.2240 R$0.00 Bs 88,961.55 −Bs 240.85
Revolut 2.2009 R$60.00 Bs 87,902.68 −Bs 1,299.72
MoneyGram 2.1564 R$0.00 Bs 86,256.00 −Bs 2,946.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.1882 – Bs 87,529.00
Regency FX Cheapest 2.1823 R$0.00 Bs 87,292.67 −Bs 236.33
Revolut 2.1758 R$60.00 Bs 86,901.21 −Bs 627.79
MoneyGram 2.1273 R$0.00 Bs 85,092.00 −Bs 2,437.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.2201 – Bs 88,802.36
Regency FX Cheapest 2.2141 R$0.00 Bs 88,562.59 −Bs 239.77
Revolut 2.1836 R$60.00 Bs 87,214.21 −Bs 1,588.15
MoneyGram 2.1332 R$0.00 Bs 85,328.00 −Bs 3,474.36
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.1964 – Bs 87,855.80
Regency FX Cheapest 2.1905 R$0.00 Bs 87,618.59 −Bs 237.21
Revolut 2.1542 R$60.00 Bs 86,039.35 −Bs 1,816.45
MoneyGram 2.1340 R$0.00 Bs 85,360.00 −Bs 2,495.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.1788 – Bs 87,153.48
Regency FX Cheapest 2.1730 R$0.00 Bs 86,918.17 −Bs 235.31
Revolut 2.1339 R$60.00 Bs 85,229.18 −Bs 1,924.30
MoneyGram 2.0811 R$0.00 Bs 83,244.00 −Bs 3,909.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.1834 – Bs 87,334.44
Regency FX Cheapest 2.1775 R$0.00 Bs 87,098.64 −Bs 235.80
Revolut 2.1339 R$60.00 Bs 85,229.18 −Bs 2,105.26
MoneyGram 2.0811 R$0.00 Bs 83,244.00 −Bs 4,090.44
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.1792 – Bs 87,168.20
Regency FX Cheapest 2.1733 R$0.00 Bs 86,932.85 −Bs 235.35
Revolut 2.1293 R$60.00 Bs 85,042.75 −Bs 2,125.45
MoneyGram 2.0811 R$0.00 Bs 83,244.00 −Bs 3,924.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.1506 – Bs 86,025.56
Regency FX Cheapest 2.1448 R$0.00 Bs 85,793.29 −Bs 232.27
Revolut 2.1171 R$60.00 Bs 84,558.58 −Bs 1,466.98
MoneyGram 2.0759 R$0.00 Bs 83,036.00 −Bs 2,989.56

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send R$40,000, after fees, as quoted by each company. The mid-market line shows what R$40,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more BOB per BRL than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of BOB on every transfer from Brazil.

Right now, Regency FX pays 85,793.29 BOB on 40,000 BRL, which is 232.27 BOB less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 94,935.94 BOB.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Bolivia.

We've tracked 177 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. Regency FXAppeared in 83 comparisons

    Cheapest every time

  2. RevolutAppeared in 165 comparisons

    Cheapest in 8% of them

  3. MoneyGramAppeared in 168 comparisons

    Cheapest in 1% of them

Based on 177 comparisons across 6 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Revolut (today's second cheapest) was the cheapest in only 8% of its comparisons, so it's rarely the cheapest option for transfers to Bolivia.

Ways to send money from Brazil to Bolivia

There are 6 ways to send money to Bolivia across 4 money transfer companies.

For everyday transfers

Online transfers

For most transfers from Brazil to Bolivia, money transfer companies like Revolut are the cheapest way.

You can fund an online transfer with bank transfer, pix, and debit card.

Revolut charges R$60 and adds 1.57% markup when sending R$40,000, this will get you 84,558.58 BOB in Bolivia.

In our comparisons over the past month, it was the cheapest online service on 28 of the 29 days it quoted.

For property and other large transfers

Currency brokers

Brokers are best for large transfers, they will negotiate a better BRL/BOB rate, handle the paperwork, and guide you over the phone.

Regency FX converts BRL to BOB with an exchange-rate markup of around 0.27%.

I'd suggest , since the rate gets better the more you send.

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from R$40,000 it quoted.

For receiving cash in Portugal

Cash pickup

If your recipient in Bolivia needs cash, you can do it with MoneyGram.

Sending R$40,000 will get you Bs.83,036 after the fees with MoneyGram.

Your recipient will collect cash at the nearest MoneyGram branch in Bolivia.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

Holding AUD and other currencies

Multi-currency accounts

Revolut lets you hold, convert, and spend BRL and BOB from one account.

Swapping R$40,000 with Revolut will get you 84,558.58 BOB after all fees.

Over the past month, it came out cheapest among multi-currency accounts on 97% of days.

You can then spend it in Bolivia or Brazil and receive BOB payments.

For freelancers & businesses

Global accounts

Global accounts like Airwallex, Wise Business, and Payoneer help with international BOB payments, invoicing, receiving payments, and more.

These are great for Brazilian businesses and freelancers, but not personal transfers.

Ways to fund BRL and receive BOB in Bolivia

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R$40,000 gives your recipient 85,793.29 BOB.

For paying for your transfer, you have bank transfer, pix, and debit card.

You can fund the transfer with Pix

You can use Pix as a funding method, but it can’t send BRL to Bolivia directly.

Scan the company's QR code or copy its Pix key, then approve R$40,000 in your Brazilian banking app.

For withdrawals in Bolivia, they can get it as bank deposit, mobile wallet, and cash pickup.

IOF can apply when you convert and send BRL abroad, so double check the tax shown before you send.

  1. 1
    Bank transfer Bank deposit

    You pay R$40,000.00

    Bs.85,793

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay R$40,000.00

    Bs.83,992

    -Bs.1,801

  3. 3
    Pix Mobile wallet

    You pay R$40,000.00

    Bs.83,036

    -Bs.2,757

  4. 4
    Pix Bank deposit

    You pay R$40,000.00

    Bs.82,616

    -Bs.3,177

  5. 5
    Pix Cash pickup

    You pay R$40,000.00

    Bs.81,380

    -Bs.4,413

Consider this when sending BRL to Bolivia

Brazilian transfer quotes should show the tax, fee and exchange rate. The easiest way to compare them is through the VET, then check whether the payment is a transfer of your own money or a gift.

Compare BRL/BOB transfer options

For a R$40,000 payment to Bolivia, I suggest starting with these:

Cheapest:

Regency FX, funded by bank transfer with bank deposit in Bolivia. Your recipient gets 85,793.29 BOB, which is 1.44% more than the next best option.

Fastest:

Revolut, paid by bank transfer with bank deposit for the payout. It delivers 84,558.58 BOB in within minutes.

Pix can fund but not send

Pix can be used to deposit BRL from your bank to the transfer company's Brazilian account, but it cannot send money directly to Bolivia.

The company then switches to local rails or uses an internal network of accounts to move BRL to Bolivia.

A gift can have a separate state tax

Moving your own money and making a gift are not treated the same.

A gift may fall under ITCMD, which is set and collected by the relevant Brazilian state.

The rate, exemption and filing process depend on the state and the facts of the gift.

Check this before sending a large amount to family, particularly when the sender, recipient or estate has links to different states.

Use a company authorised for câmbio

The Banco Central do Brasil says an authorised institution or its correspondent should explain the required documents and provide the VET.

If in doubt, check the institution's legal name with the Banco Central before sending.

Reclame Aqui can show service problems, but it does not replace the regulatory check.

How we analyse the market

We track 4 authorised companies sending BRL to Bolivia, updated in real time during live comparisons.

The IOF is identical whoever you pick, so we compare on the spread and the all-in rate, plus the ways to pay and collect.

In the past 30 days alone, we analysed 177 comparisons across 6 amounts.

This page covers the cheapest and fastest options for BRL/BOB transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and how to get started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.