Best companies for BRL/EUR transfers
3 of 3 providers Last updated on 28 October 2026
Based on 40,000 BRL transfer Best companies for BRL/EUR transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee R$2,667.80 1 BRL = 0.1683 EUR -0.09% vs mid-market	Recipient gets €6,281.33 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Monaco with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer R$2,667.801 BRL = 0.1683 EUR €6,281.33You payR$40,000.00
Promoted Regency FX Pay via Bank transfer	Fee R$0.00 1 BRL = 0.1677 EUR +0.27% vs mid-market	Recipient gets €6,706.32 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Monaco with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 BRL = 0.1677 EUR €6,706.32You payR$40,000.00
Run a live search Showing top Brazil to Monaco deals for 40,000 BRL. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live BRL to EUR rates.
Run a live search These companies offer multi-currency accounts for spending EUR. We suggest doing a live search based on how much BRL you're planning to spend in Monaco.
Run a live search These are managed services with real human support for large BRL transfers. Click the link and update the transfer amount to get the best deal.
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee R$0.00 1 BRL = 0.1677 EUR +0.27% vs mid-market	Recipient gets €6,706.32 Minutes - 24 hours
9 reviews Cheapest Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Monaco with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 BRL = 0.1677 EUR €6,706.32You payR$40,000.00
Pricing based on Revolut Standard plan Revolut Pay via Bank transfer	Fee R$60.00 1 BRL = 0.1673 EUR +0.48% vs mid-market	Recipient gets €6,681.44 Within minutes
10 reviews Fastest Multi-currency cardReceive to bank account
Ways to receive money in Monaco with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes R$60.001 BRL = 0.1673 EUR €6,681.44You 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.
Wise Pay via Bank transfer	Fee R$2,667.80 1 BRL = 0.1683 EUR -0.09% vs mid-market	Recipient gets €6,281.33 Within minutes
25 reviews Recommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Monaco with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer R$2,667.801 BRL = 0.1683 EUR €6,281.33You payR$40,000.00

Wise Pay via Pix	Fee R$2,667.80 1 BRL = 0.1683 EUR -0.09% vs mid-market	Recipient gets €6,281.33 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Monaco with Wise when paying by pix. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer R$2,667.801 BRL = 0.1683 EUR €6,281.33You payR$40,000.00
How Our Results Work Mid-market rate: 1 BRL = 0.1681 EUR Updates every 60 minutes.

Why compare

BRL/EUR exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Brazil to Monaco

Pick a company

Start with the cheapest, which is Regency FX at 6,706.32 EUR for a R$40,000 transfer.

Regency FX was the cheapest on 26 of the 30 days it quoted R$40,000 transfers to Monaco.

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 2 ways to pay, including bank transfer and pix.

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 Monaco.

Compare amounts

How much BRL are you sending to Monaco?

How much BRL you send to Monaco 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 82% of the transfers from R$40,000 it quoted, and in 82% of all the transfers it quoted.


R$1,000	1.00%	R$0.00	€166.30with pix to bank deposit	+€3.65
R$5,000	0.41%	R$10.00	€835.12with bank transfer to bank deposit	+€20.22
R$10,000	0.29%	R$15.00	€1,672.42with bank transfer to bank deposit	+€42.52
R$40,000This page	0.27%	R$0.00	€6,706.32with bank transfer to bank deposit	+€218.72
R$50,000	0.27%	R$0.00	€8,382.81with bank transfer to bank deposit	+€272.16
R$100,000	0.27%	R$0.00	€16,764.51with bank transfer to bank deposit	+€543.04

Mid-market rate: 1 BRL = 0.1681 EUR

BRL/EUR Exchange Rate History

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

The cheapest way to send BRL to EUR 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 Monaco.

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 EUR 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 EUR on every transfer from Brazil.

Right now, Regency FX pays 6,706.32 EUR on 40,000 BRL, which is 18.16 EUR less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 7,171.98 EUR.

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 Monaco.

We've tracked 138 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

Regency FXAppeared in 62 comparisons
Cheapest in 82% of them
RevolutAppeared in 132 comparisons
Cheapest in 46% of them
WiseAppeared in 138 comparisons
Never the cheapest

Based on 138 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 46% of its comparisons, so it's rarely the cheapest option for transfers to Monaco.

Ways to send money from Brazil to Monaco

There are 5 ways to send money to Monaco across 3 money transfer companies.

For everyday transfers

Online transfers

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

You can fund an online transfer with bank transfer and pix.

Revolut charges R$60 and adds 0.48% markup when sending R$40,000, this will get you 6,681.44 EUR in Monaco.

In our comparisons over the past month, it was the cheapest online service on 29 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/EUR rate, handle the paperwork, and guide you over the phone.

Regency FX converts BRL to EUR 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.

Holding AUD and other currencies

Multi-currency accounts

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

Swapping R$40,000 with Revolut will get you 6,681.44 EUR after all fees.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

You can then spend it in Monaco or Brazil and receive EUR payments.

For freelancers & businesses

Global accounts

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

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

Ways to fund BRL and receive EUR in Monaco

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R$40,000 gives your recipient 6,706.32 EUR.

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

You can fund the transfer with Pix

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

Bank transfer Bank deposit

You pay R$40,000.00

€6,706

Cheapest
2

Pix Bank deposit

You pay R$40,000.00

€6,281

-€425

Consider this when sending BRL to Monaco

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$40,000 payment to Monaco, I suggest starting with these:

Cheapest:

Regency FX, funded by bank transfer with bank deposit in Monaco. Your recipient gets 6,706.32 EUR, which is 0.37% more than the next best option.

Fastest:

Revolut, paid by bank transfer with bank deposit for the payout. It delivers 6,681.44 EUR 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 Monaco.

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

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 3 authorised companies sending BRL to Monaco, 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 138 comparisons across 6 amounts.

This page covers the cheapest and fastest options for BRL/EUR 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.

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Tue, Sep 29, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1685	–	€6,739.08
Regency FX Cheapest	0.1680	R$0.00	€6,720.88	−€18.20
Revolut	0.1681	R$60.00	€6,714.76	−€24.32
Wise	0.1685	R$1,592.35	€6,471.27	−€267.81

Wed, Sep 30, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1693	–	€6,772.64
Regency FX Cheapest	0.1689	R$0.00	€6,754.35	−€18.29
Revolut	0.1677	R$60.00	€6,697.43	−€75.21
Wise	0.1693	R$1,592.35	€6,502.53	−€270.11

Thu, Oct 1, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1707	–	€6,827.56
Regency FX Cheapest	0.1702	R$0.00	€6,809.13	−€18.43
Revolut	0.1692	R$60.00	€6,758.87	−€68.69
Wise	0.1707	R$1,592.35	€6,555.19	−€272.37

Fri, Oct 2, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1700	–	€6,798.44
Regency FX Cheapest	0.1695	R$0.00	€6,780.08	−€18.36
Revolut	0.1696	R$60.00	€6,773.37	−€25.07
Wise	0.1699	R$1,592.35	€6,525.27	−€273.17

Sat, Oct 3, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1704	–	€6,817.76
Regency FX Cheapest	0.1700	R$0.00	€6,799.35	−€18.41
Revolut	0.1701	R$60.00	€6,793.65	−€24.11
Wise	0.1705	R$1,592.35	€6,547.89	−€269.87

Mon, Oct 5, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1712	–	€6,847.64
Regency FX Cheapest	0.1707	R$0.00	€6,829.15	−€18.49
Revolut	0.1707	R$60.00	€6,819.48	−€28.16
Wise	0.1715	R$1,592.35	€6,586.53	−€261.11

Tue, Oct 6, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1785	–	€7,139.04
Regency FX Cheapest	0.1780	R$0.00	€7,119.76	−€19.28
Revolut	0.1781	R$60.00	€7,111.82	−€27.22
Wise	0.1784	R$1,592.35	€6,853.42	−€285.62

Wed, Oct 7, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1788	–	€7,152.08
Regency FX Cheapest	0.1783	R$0.00	€7,132.77	−€19.31
Revolut	0.1784	R$60.00	€7,125.38	−€26.70
Wise	0.1788	R$1,592.35	€6,866.17	−€285.91

Thu, Oct 8, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1778	–	€7,113.36
Regency FX Cheapest	0.1774	R$0.00	€7,094.15	−€19.21
Revolut	0.1776	R$60.00	€7,091.46	−€21.90
Wise	0.1778	R$1,592.35	€6,829.15	−€284.21

Fri, Oct 9, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1774	–	€7,097.36
Regency FX Cheapest	0.1770	R$0.00	€7,078.20	−€19.16
Revolut	0.1772	R$60.00	€7,076.51	−€20.85
Wise	0.1775	R$1,592.35	€6,815.71	−€281.65

Sat, Oct 10, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1788	–	€7,153.20
Revolut Cheapest	0.1786	R$60.00	€7,134.97	−€18.23
Regency FX	0.1783	R$0.00	€7,133.89	−€19.31
Wise	0.1790	R$1,592.35	€6,875.12	−€278.08

Mon, Oct 12, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1789	–	€7,155.40
Regency FX Cheapest	0.1784	R$0.00	€7,136.08	−€19.32
Revolut	0.1786	R$60.00	€7,131.69	−€23.71
Wise	0.1789	R$1,592.35	€6,870.21	−€285.19

Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1794	–	€7,176.08
Regency FX Cheapest	0.1789	R$0.00	€7,156.70	−€19.38
Revolut	0.1790	R$60.00	€7,151.06	−€25.02
Wise	0.1794	R$1,592.35	€6,889.49	−€286.59

Wed, Oct 14, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1774	–	€7,097.20
Revolut Cheapest	0.1775	R$60.00	€7,087.88	−€9.32
Regency FX	0.1770	R$0.00	€7,078.04	−€19.16
Wise	0.1775	R$1,592.35	€6,816.70	−€280.50

Thu, Oct 15, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1770	–	€7,079.96
Regency FX Cheapest	0.1765	R$0.00	€7,060.84	−€19.12
Revolut	0.1766	R$60.00	€7,054.21	−€25.75
Wise	0.1768	R$1,592.35	€6,789.86	−€290.10

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1746	–	€6,985.44
Regency FX Cheapest	0.1742	R$0.00	€6,966.58	−€18.86
Revolut	0.1743	R$60.00	€6,959.61	−€25.83
Wise	0.1746	R$1,592.35	€6,706.32	−€279.12

Sat, Oct 17, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1757	–	€7,027.72
Regency FX Cheapest	0.1752	R$0.00	€7,008.75	−€18.97
Revolut	0.1754	R$60.00	€7,006.36	−€21.36
Wise	0.1757	R$1,592.35	€6,749.22	−€278.50

Mon, Oct 19, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1759	–	€7,036.16
Regency FX Cheapest	0.1754	R$0.00	€7,017.16	−€19.00
Revolut	0.1755	R$60.00	€7,009.91	−€26.25
Wise	0.1760	R$1,592.35	€6,757.94	−€278.22

Tue, Oct 20, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1767	–	€7,068.12
Regency FX Cheapest	0.1762	R$0.00	€7,049.04	−€19.08
Wise	0.1767	R$1,592.35	€6,785.59	−€282.53
Revolut No quote collected this day	–	–	–	–

Wed, Oct 21, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1774	–	€7,095.44
Regency FX Cheapest	0.1769	R$0.00	€7,076.28	−€19.16
Revolut	0.1770	R$60.00	€7,070.21	−€25.23
Wise	0.1774	R$1,592.35	€6,813.06	−€282.38

Thu, Oct 22, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1770	–	€7,079.48
Regency FX Cheapest	0.1765	R$0.00	€7,060.37	−€19.11
Revolut	0.1766	R$60.00	€7,051.58	−€27.90
Wise	0.1770	R$1,592.35	€6,798.35	−€281.13

Fri, Oct 23, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1765	–	€7,060.96
Revolut Cheapest	0.1765	R$60.00	€7,051.28	−€9.68
Regency FX	0.1760	R$0.00	€7,041.90	−€19.06
Wise	0.1765	R$1,592.35	€6,779.49	−€281.47

Sat, Oct 24, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1798	–	€7,191.40
Regency FX Cheapest	0.1793	R$0.00	€7,171.98	−€19.42
Revolut	0.1791	R$60.00	€7,152.19	−€39.21
Wise	0.1793	R$1,592.35	€6,887.38	−€304.02

Mon, Oct 26, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1791	–	€7,165.12
Regency FX Cheapest	0.1786	R$0.00	€7,145.77	−€19.35
Revolut	0.1573	R$60.00	€6,280.62	−€884.50
Wise	0.1791	R$5,411.86	€6,195.53	−€969.59

Tue, Oct 27, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1667	–	€6,668.92
Regency FX Cheapest	0.1663	R$0.00	€6,650.91	−€18.01
Revolut	0.1655	R$60.00	€6,610.15	−€58.77
Wise	0.1654	R$4,957.30	€5,797.39	−€871.53

How to send money to Monaco from Brazil with the best BRL-EUR rate

Best companies for BRL/EUR transfers