How to send money to Cuba from Brazil with the best BRL-CUP rate

MoneyGram Agent is the cheapest way to send money from Brazil to Cuba. Sending R$1,400 will get your recipient 5,853.38 CUP in minutes - 3 days.

With MoneyGram Agent, deposit via bank transfer and withdraw in bank deposit to get the most CUP in Cuba.

Best companies for BRL/CUP transfers

2 of 2 providers

Last updated on 28 September 2026

Based on 1,400 BRL transfer

Best companies for BRL/CUP transfers

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Showing top Brazil to Cuba deals for 1,400 BRL. Do a live search with your exact amount for today's best rates.
Send cash via a MoneyGram agent

MoneyGram Agent

Pay via Bank transfer
Fee R$56.00 1 BRL = 4.3552 CUP +6.00% vs mid-market Recipient gets $5,853.38 Minutes - 3 days
0 reviews
CheapestFastest

Ways to receive money in Cuba with MoneyGram Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
R$56.001 BRL = 4.3552 CUP
$5,853.38You payR$1,400.00
Send cash via a Western Union agent

Western Union Agent

Pay via Bank transfer
Fee R$42.00 1 BRL = 4.3089 CUP +7.00% vs mid-market Recipient gets $5,851.43 Minutes - 5 days
0 reviews
Recommended

Ways to receive money in Cuba with Western Union Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
R$42.001 BRL = 4.3089 CUP
$5,851.43You payR$1,400.00
How Our Results Work
Mid-market rate: 1 BRL = 4.6332 CUP Updates every 60 minutes.

How to send money from Brazil to Cuba

Pick a company

Start with the cheapest, which is MoneyGram Agent at 5,853.38 CUP for R$1,400 transfer.

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

Fund your transfer

You have 1 ways to pay, including bank transfer.

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 Cuba

Compare amounts

How much BRL are you sending to Cuba?

How much BRL you send to Cuba 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.

Cheapest service
R$1,0006.00%R$40.00$4,183.64with bank transfer to bank deposit+$0.70
R$1,400This page6.00%R$56.00$5,853.38with bank transfer to bank deposit+$0.97
R$40,0000.27%R$0.00$184,894.59with bank transfer to bank deposit$0.00

Mid-market rate: 1 BRL = 4.6332 CUP

Ways to send money from Brazil to Cuba

There are 1 ways to send money to Cuba across 2 money transfer companies.

For property and other large transfers

Currency brokers

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

RegencyFX is a good option to try first and compare the quote to your bank and online money transfer specialist, then go with the cheaper option.

For freelancers & businesses

Global accounts

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

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

Ways to fund BRL and receive CUP in Cuba

With MoneyGram Agent, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R$1,400 gives your recipient 5,853.38 CUP.

For paying for your transfer, you have bank transfer.

For withdrawals in Cuba, they can get it as bank deposit.

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$1,400.00

    $MN5,853

    Cheapest

Consider this when sending BRL to Portugal

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/EUR transfer options

For a R$1,400 payment to Cuba, I suggest starting with these:

Cheapest:

MoneyGram Agent, funded by bank transfer with bank deposit in Cuba. Your recipient gets 5,853.38 CUP, which is 0.03% more than the next best option.

Fastest:

MoneyGram Agent, paid by bank transfer with bank deposit for the payout. It delivers 5,853.38 CUP in minutes - 3 days.

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 Cuba.

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

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.

Live BRL-CUP Exchange Rate

Finding the best BRL to CUP exchange rate

The exchange rate affects the CUP amount before fees and tax are added. Tracking the recent BRL/CUP range makes company quotes easier to compare.

Mid-market rate:1 BRL = 4.598353 CUP

How we analyse the market

We track 2 authorised companies sending BRL to Cuba, 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.

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.