TapTap Send is the cheapest way to send money from Brazil to Nigeria. Sending R$40,000 will get your recipient 10,598,000 NGN in minutes.
With TapTap Send, deposit via debit card and withdraw in bank deposit to get the most NGN in Nigeria.
| 5 of 5 providers Last updated on 28 September 2026 | |||
| Based on 40,000 BRL transfer Best companies for BRL/NGN transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee R$1,674.21 1 BRL = 264.3120 NGN -3.11% vs mid-market | Recipient gets ₦10,129,966.21 Within minutes | |
Ways to receive money in Nigeria with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer R$1,674.211 BRL = 264.3120 NGN ₦10,129,966.21You payR$40,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee R$0.00 1 BRL = 255.5326 NGN +0.27% vs mid-market | Recipient gets ₦10,221,304.88 Minutes - 24 hours | |
Ways to receive money in Nigeria with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 BRL = 255.5326 NGN ₦10,221,304.88You payR$40,000.00 | |||
Run a live search Showing top Brazil to Nigeria 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 NGN rates. | |||
Run a live search These companies offer multi-currency accounts for spending NGN. We suggest doing a live search based on how much BRL you're planning to spend in Nigeria. | |||
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. | |||
 TapTap Send Pay via Debit card | Fee R$0.00 1 BRL = 264.9500 NGN -3.35% vs mid-market | Recipient gets ₦10,598,000.00 Minutes | |
Ways to receive money in Nigeria with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 BRL = 264.9500 NGN ₦10,598,000.00You payR$40,000.00 Mobile moneyMinutesAvailable via:FairMoney, Kuda Bank, OPay, PalmPay Free1 BRL = 264.9500 NGN ₦10,598,000.00You payR$40,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Pix | Fee R$0.00 1 BRL = 257.7854 NGN -0.61% vs mid-market | Recipient gets ₦10,311,416.00 Minutes - 24 hours | |
Ways to receive money in Nigeria with MoneyGram when paying by pix. MethodFee & ratesRecipient gets Mobile moneyMinutes - 24 hoursAvailable via:SmartCash/Airtel Free1 BRL = 257.7854 NGN ₦10,311,416.00You payR$40,000.00 Cash pickupMinutes - 24 hours Free1 BRL = 257.7854 NGN ₦10,311,416.00You payR$40,000.00 | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee R$0.00 1 BRL = 255.5326 NGN +0.27% vs mid-market | Recipient gets ₦10,221,304.88 Minutes - 24 hours | |
Ways to receive money in Nigeria with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 BRL = 255.5326 NGN ₦10,221,304.88You payR$40,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee R$60.00 1 BRL = 254.9575 NGN +0.50% vs mid-market | Recipient gets ₦10,183,002.35 Within minutes | |
Ways to receive money in Nigeria with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes R$60.001 BRL = 254.9575 NGN ₦10,183,002.35You 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$1,674.21 1 BRL = 264.3120 NGN -3.11% vs mid-market | Recipient gets ₦10,129,966.21 Within minutes | |
Ways to receive money in Nigeria with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer R$1,674.211 BRL = 264.3120 NGN ₦10,129,966.21You payR$40,000.00 | |||
| Wise Pay via Pix | Fee R$1,674.21 1 BRL = 264.3120 NGN -3.11% vs mid-market | Recipient gets ₦10,129,966.21 Within minutes | |
Ways to receive money in Nigeria with Wise when paying by pix. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer R$1,674.211 BRL = 264.3120 NGN ₦10,129,966.21You payR$40,000.00 | |||
| How Our Results Work Mid-market rate: 1 BRL = 256.2244 NGN Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is TapTap Send at 10,598,000 NGN for R$40,000 transfer.
The IOF is the same whichever company you pick, so its about the exchange rate markup and the fees.
You have 3 ways to pay, including bank transfer, pix, and debit card.
You'll need your CPF and a photo ID to register and verify your account.
Once that's done, you can send money to Nigeria
How much BRL you send to Nigeria 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$1,000 | -3.45% | R$0.00 | ₦265,294.00with debit card to bank deposit | +₦14,647.96 | |
| R$10,000 | -3.44% | R$0.00 | ₦2,652,940.00with debit card to bank deposit | +₦86,003.63 | |
| R$40,000This page | -3.35% | R$0.00 | ₦10,598,000.00with debit card to bank deposit | +₦335,724.06 |
Mid-market rate: 1 BRL = 256.2244 NGN
There are 6 ways to send money to Nigeria across 5 money transfer companies.
For everyday transfers
For most transfers from Brazil to Nigeria, money transfer companies like TapTap Send are the cheapest way.
You can fund an online transfer with bank transfer, pix, and debit card.
TapTap Send charges R$0 and adds -3.35% markup when sending R$40,000, this will get you 10,311,416 NGN in Nigeria.
For property and other large transfers
Brokers are best for large transfers, they will negotiate a better BRL/NGN rate, handle the paperwork, and guide you over the phone.
Regency FX converts BRL to NGN with an exchange-rate markup of around 0.27%.
I'd suggest , since the rate gets better the more you send.
For receiving cash in Portugal
If your recipient in Nigeria needs cash, you can do it with MoneyGram.
Sending R$40,000 will get you ₦10,311,416 after the fees with MoneyGram.
You recipient will collect cash at the nearest MoneyGram branch in Nigeria.
Holding AUD and other currencies
Revolut lets you hold, convert, and spend BRL and NGN from one account.
Swapping R$40,000 with Revolut will get you 10,183,002.35 NGN after all fees.
You can then spend it in Nigeria or Brazil and receive NGN payments.
For freelancers & businesses
Global accounts like Airwallex, Wise Business, and Payoneer help with international NGN payments, invoicing, receiving payments, and more.
These are great for Brazilian businesses and freelancers, but not personal transfers.
With TapTap Send, paying by debit card and receiving through bank deposit is the cheapest combination. Sending R$40,000 gives your recipient 10,598,000 NGN.
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 Nigeria 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 Nigeria, they can get it as bank deposit, mobile money, and cash pickup.
IOF can apply when you convert and send BRL abroad, so double check the tax shown before you send.
You pay R$40,000.00
₦10,598,000
Cheapest
You pay R$40,000.00
₦10,598,000
₦0
You pay R$40,000.00
₦10,311,416
-₦286,584
You pay R$40,000.00
₦10,311,416
-₦286,584
You pay R$40,000.00
₦10,221,305
-₦376,695
You pay R$40,000.00
₦10,129,966
-₦468,034
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.
For a R$40,000 payment to Nigeria, I suggest starting with these:
Cheapest:
TapTap Send, funded by debit card with bank deposit in Nigeria. Your recipient gets 10,598,000 NGN, which is 2.7% more than the next best option.
Fastest:
Revolut, paid by bank transfer with bank deposit for the payout. It delivers 10,183,002.35 NGN in within minutes.
Pix can be used to deposit BRL from your bank to the transfer company's Brazilian account, but it cannot send money directly to Nigeria.
The company then switches to local rails or uses an internal network of accounts to move BRL to Nigeria.
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.
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.
The exchange rate affects the NGN amount before fees and tax are added. Tracking the recent BRL/NGN range makes company quotes easier to compare.
Mid-market rate:1 BRL = 254.796826 NGN
We track 5 authorised companies sending BRL to Nigeria, 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.
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