Regency FX is the cheapest way to send money from Brazil to the Philippines. Sending R$40,000 will get your recipient 455,871.61 PHP in minutes - 24 hours.
With Regency FX, deposit via bank transfer and withdraw in bank deposit to get the most PHP in the Philippines.
| 5 of 5 providers Last updated on 10 November 2026 | |||
| Based on 40,000 BRL transfer Best companies for BRL/PHP transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee R$1,666.02 1 BRL = 11.4087 PHP +0.17% vs mid-market | Recipient gets ₱437,340.88 Same day | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer R$1,666.021 BRL = 11.4087 PHP ₱437,340.88You payR$40,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee R$0.00 1 BRL = 11.3968 PHP +0.27% vs mid-market | Recipient gets ₱455,871.61 Minutes - 24 hours | |
Ways to receive money in Philippines with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 BRL = 11.3968 PHP ₱455,871.61You payR$40,000.00 | |||
Run a live search Showing top Brazil to Philippines 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 PHP rates. | |||
Run a live search These companies offer multi-currency accounts for spending PHP. We suggest doing a live search based on how much BRL you're planning to spend in Philippines. | |||
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 = 11.3968 PHP +0.27% vs mid-market | Recipient gets ₱455,871.61 Minutes - 24 hours | |
Ways to receive money in Philippines with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 BRL = 11.3968 PHP ₱455,871.61You payR$40,000.00 | |||
 TapTap Send Pay via Debit card | Fee R$0.00 1 BRL = 11.3700 PHP +0.51% vs mid-market | Recipient gets ₱454,800.00 Minutes | |
Ways to receive money in Philippines with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 BRL = 11.3700 PHP ₱454,800.00You payR$40,000.00 Mobile walletMinutesAvailable via:Coins.ph, GCash, Maya Free1 BRL = 11.3700 PHP ₱454,800.00You payR$40,000.00 Mobile moneyMinutesAvailable via:Globe Free1 BRL = 11.3700 PHP ₱454,800.00You payR$40,000.00 Card depositMinutesAvailable via:Pay To Card R$4.941 BRL = 11.3700 PHP ₱454,800.00You payR$40,004.94 Cash pickupMinutesAvailable via:Cebuana, Palawan Pawnshop & Others R$13.261 BRL = 11.3700 PHP ₱454,800.00You payR$40,013.26 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee R$60.00 1 BRL = 11.3402 PHP +0.77% vs mid-market | Recipient gets ₱452,928.87 Within minutes | |
Ways to receive money in Philippines with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes R$60.001 BRL = 11.3402 PHP ₱452,928.87You 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 = 11.3402 PHP +0.77% vs mid-market | Recipient gets ₱449,895.36 Within minutes | |
Ways to receive money in Philippines with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes R$327.501 BRL = 11.3402 PHP ₱449,895.36You 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$1,666.02 1 BRL = 11.4087 PHP +0.17% vs mid-market | Recipient gets ₱437,340.88 Same day | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer R$1,666.021 BRL = 11.4087 PHP ₱437,340.88You payR$40,000.00 | |||
| Wise Pay via Pix | Fee R$1,666.02 1 BRL = 11.4087 PHP +0.17% vs mid-market | Recipient gets ₱437,340.88 Within minutes | |
Ways to receive money in Philippines with Wise when paying by pix. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer R$1,666.021 BRL = 11.4087 PHP ₱437,340.88You payR$40,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Pix | Fee R$0.00 1 BRL = 10.7377 PHP +6.23% vs mid-market | Recipient gets ₱429,508.00 Minutes - 24 hours | |
Ways to receive money in Philippines with MoneyGram when paying by pix. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours Free1 BRL = 10.7377 PHP ₱429,508.00You payR$40,000.00 Mobile walletMinutes - 24 hoursAvailable via:GCash, Select Wallets Free1 BRL = 10.7377 PHP ₱429,508.00You payR$40,000.00 Bank depositMinutes - 24 hoursAvailable via:All Banks Free1 BRL = 10.7377 PHP ₱429,508.00You payR$40,000.00 | |||
| How Our Results Work Mid-market rate: 1 BRL = 11.4276 PHP Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is Regency FX at 455,871.61 PHP for a R$40,000 transfer.
Regency FX was the cheapest on 30 of the 30 days it quoted R$40,000 transfers to the Philippines.
The IOF is the same whichever company you pick, so it's about the exchange rate markup and the fees.
You have 3 ways to pay, including bank transfer, debit card, and pix.
You'll need your CPF and a photo ID to register and verify your account.
Once that's done, you can send money to the Philippines.
How much BRL you send to the Philippines 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 | 0.03% | R$0.00 | ₱11,420.00with pix to bank deposit | +₱397.33 | |
| R$5,000 | 0.00% | R$0.00 | ₱57,100.00with pix to bank deposit | +₱1,380.87 | |
| R$10,000 | 0.01% | R$0.00 | ₱114,200.00with pix to bank deposit | +₱2,984.86 | |
| R$40,000This page | 0.27% | R$0.00 | ₱455,871.61with bank transfer to bank deposit | +₱10,487.95 | |
| R$50,000 | 0.27% | R$0.00 | ₱569,245.48with bank transfer to bank deposit | +₱12,879.11 | |
| R$100,000 | 0.27% | R$0.00 | ₱1,139,306.74with bank transfer to bank deposit | +₱25,935.62 |
Mid-market rate: 1 BRL = 11.4276 PHP
The cheapest way to send BRL to PHP 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 the Philippines.
Tue, Nov 10, 2026Mid-market rate₱457,105.80 Regency FX ₱455,871.61Regency FX₱455,871.61TapTap Send₱454,800.00Revolut₱452,928.87
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.5901 | – | ₱503,602.96 | |
| | 12.5561 | R$0.00 | ₱502,243.23 | −₱1,359.73 |
| | 12.5337 | R$60.00 | ₱500,595.91 | −₱3,007.05 |
| | 12.4600 | R$0.00 | ₱498,400.00 | −₱5,202.96 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.5961 | – | ₱503,842.36 | |
| | 12.5620 | R$0.00 | ₱502,481.99 | −₱1,360.37 |
| | 12.5367 | R$60.00 | ₱500,715.51 | −₱3,126.85 |
| | 12.4600 | R$0.00 | ₱498,400.00 | −₱5,442.36 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.4916 | – | ₱499,663.68 | |
| | 12.4579 | R$0.00 | ₱498,314.59 | −₱1,349.09 |
| | 12.4566 | R$60.00 | ₱497,517.36 | −₱2,146.32 |
| | 12.3600 | R$0.00 | ₱494,400.00 | −₱5,263.68 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.5118 | – | ₱500,471.76 | |
| | 12.4780 | R$0.00 | ₱499,120.49 | −₱1,351.27 |
| | 12.4537 | R$60.00 | ₱497,398.99 | −₱3,072.77 |
| | 12.3800 | R$0.00 | ₱495,200.00 | −₱5,271.76 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.3677 | – | ₱494,707.44 | |
| | 12.3343 | R$0.00 | ₱493,371.73 | −₱1,335.71 |
| | 12.2900 | R$0.00 | ₱491,600.00 | −₱3,107.44 |
| | 12.3056 | R$60.00 | ₱491,485.22 | −₱3,222.22 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.4353 | – | ₱497,411.60 | |
| | 12.4017 | R$0.00 | ₱496,068.59 | −₱1,343.01 |
| | 12.3700 | R$0.00 | ₱494,800.00 | −₱2,611.60 |
| | 12.3705 | R$60.00 | ₱494,077.26 | −₱3,334.34 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.4353 | – | ₱497,411.60 | |
| | 12.4017 | R$0.00 | ₱496,068.59 | −₱1,343.01 |
| | 12.3700 | R$0.00 | ₱494,800.00 | −₱2,611.60 |
| | 12.3705 | R$60.00 | ₱494,077.26 | −₱3,334.34 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.4479 | – | ₱497,917.00 | |
| | 12.4143 | R$0.00 | ₱496,572.62 | −₱1,344.38 |
| | 12.3900 | R$0.00 | ₱495,600.00 | −₱2,317.00 |
| | 12.3854 | R$60.00 | ₱494,674.66 | −₱3,242.34 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.5160 | – | ₱500,640.96 | |
| | 12.4822 | R$0.00 | ₱499,289.23 | −₱1,351.73 |
| | 12.4400 | R$0.00 | ₱497,600.00 | −₱3,040.96 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.6072 | – | ₱504,288.64 | |
| | 12.5732 | R$0.00 | ₱502,927.06 | −₱1,361.58 |
| | 12.5434 | R$60.00 | ₱500,984.71 | −₱3,303.93 |
| | 12.5200 | R$0.00 | ₱500,800.00 | −₱3,488.64 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.6136 | – | ₱504,543.72 | |
| | 12.5795 | R$0.00 | ₱503,181.45 | −₱1,362.27 |
| | 12.5300 | R$0.00 | ₱501,200.00 | −₱3,343.72 |
| | 12.5474 | R$60.00 | ₱501,141.96 | −₱3,401.76 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.5691 | – | ₱502,762.64 | |
| | 12.5351 | R$0.00 | ₱501,405.18 | −₱1,357.46 |
| | 12.5307 | R$60.00 | ₱500,477.52 | −₱2,285.12 |
| | 12.4800 | R$0.00 | ₱499,200.00 | −₱3,562.64 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.8128 | – | ₱512,510.96 | |
| | 12.7782 | R$0.00 | ₱511,127.18 | −₱1,383.78 |
| | 12.7000 | R$0.00 | ₱508,000.00 | −₱4,510.96 |
| | 12.7099 | R$60.00 | ₱507,635.21 | −₱4,875.75 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.8128 | – | ₱512,510.96 | |
| | 12.7782 | R$0.00 | ₱511,127.18 | −₱1,383.78 |
| | 12.7000 | R$0.00 | ₱508,000.00 | −₱4,510.96 |
| | 12.6241 | R$60.00 | ₱504,207.54 | −₱8,303.42 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 12.8435 | – | ₱513,738.32 | |
| | 12.8088 | R$0.00 | ₱512,351.23 | −₱1,387.09 |
| | 12.7600 | R$0.00 | ₱510,400.00 | −₱3,338.32 |
| | 11.2134 | R$60.00 | ₱447,862.05 | −₱65,876.27 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.9105 | – | ₱476,418.44 | |
| | 11.8783 | R$0.00 | ₱475,132.11 | −₱1,286.33 |
| | 11.8500 | R$0.00 | ₱474,000.00 | −₱2,418.44 |
| | 11.7923 | R$60.00 | ₱470,985.21 | −₱5,433.23 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.9735 | – | ₱478,938.92 | |
| | 11.9411 | R$0.00 | ₱477,645.78 | −₱1,293.14 |
| | 11.8900 | R$0.00 | ₱475,600.00 | −₱3,338.92 |
| | 11.8813 | R$60.00 | ₱474,537.53 | −₱4,401.39 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.9479 | – | ₱477,917.56 | |
| | 11.9157 | R$0.00 | ₱476,627.18 | −₱1,290.38 |
| | 11.8700 | R$0.00 | ₱474,800.00 | −₱3,117.56 |
| | 11.8558 | R$60.00 | ₱473,519.13 | −₱4,398.43 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.8290 | – | ₱473,159.20 | |
| | 11.7970 | R$0.00 | ₱471,881.67 | −₱1,277.53 |
| | 11.7600 | R$0.00 | ₱470,400.00 | −₱2,759.20 |
| | 11.7361 | R$60.00 | ₱468,739.87 | −₱4,419.33 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.7212 | – | ₱468,847.68 | |
| | 11.6895 | R$0.00 | ₱467,581.79 | −₱1,265.89 |
| | 11.6500 | R$0.00 | ₱466,000.00 | −₱2,847.68 |
| | 11.6052 | R$60.00 | ₱463,510.76 | −₱5,336.92 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.7212 | – | ₱468,847.68 | |
| | 11.6895 | R$0.00 | ₱467,581.79 | −₱1,265.89 |
| | 11.6500 | R$0.00 | ₱466,000.00 | −₱2,847.68 |
| | 11.6052 | R$60.00 | ₱463,510.76 | −₱5,336.92 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.6914 | – | ₱467,655.32 | |
| | 11.6598 | R$0.00 | ₱466,392.65 | −₱1,262.67 |
| | 11.6400 | R$0.00 | ₱465,600.00 | −₱2,055.32 |
| | 11.6163 | R$60.00 | ₱463,956.61 | −₱3,698.71 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.6656 | – | ₱466,624.36 | |
| | 11.6341 | R$0.00 | ₱465,364.47 | −₱1,259.89 |
| | 11.6000 | R$0.00 | ₱464,000.00 | −₱2,624.36 |
| | 11.5910 | R$60.00 | ₱462,943.75 | −₱3,680.61 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.5674 | – | ₱462,697.24 | |
| | 11.5362 | R$0.00 | ₱461,447.96 | −₱1,249.28 |
| | 11.5000 | R$0.00 | ₱460,000.00 | −₱2,697.24 |
| | 11.4815 | R$60.00 | ₱458,573.05 | −₱4,124.19 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.5326 | – | ₱461,303.44 | |
| | 11.5014 | R$0.00 | ₱460,057.92 | −₱1,245.52 |
| | 11.4700 | R$0.00 | ₱458,800.00 | −₱2,503.44 |
| | 11.4553 | R$60.00 | ₱457,523.19 | −₱3,780.25 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.4720 | – | ₱458,878.92 | |
| | 11.4410 | R$0.00 | ₱457,639.95 | −₱1,238.97 |
| | 11.3900 | R$0.00 | ₱455,600.00 | −₱3,278.92 |
| | 11.3851 | R$60.00 | ₱454,720.80 | −₱4,158.12 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.4640 | – | ₱458,558.68 | |
| | 11.4330 | R$0.00 | ₱457,320.57 | −₱1,238.11 |
| | 11.4000 | R$0.00 | ₱456,000.00 | −₱2,558.68 |
| | 11.3604 | R$60.00 | ₱453,735.16 | −₱4,823.52 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.4640 | – | ₱458,558.68 | |
| | 11.4330 | R$0.00 | ₱457,320.57 | −₱1,238.11 |
| | 11.4000 | R$0.00 | ₱456,000.00 | −₱2,558.68 |
| | 11.3604 | R$60.00 | ₱453,735.16 | −₱4,823.52 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.4699 | – | ₱458,795.24 | |
| | 11.4389 | R$0.00 | ₱457,556.49 | −₱1,238.75 |
| | 11.4100 | R$0.00 | ₱456,400.00 | −₱2,395.24 |
| | 11.3811 | R$60.00 | ₱454,559.20 | −₱4,236.04 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 11.4276 | – | ₱457,105.80 | |
| | 11.3968 | R$0.00 | ₱455,871.61 | −₱1,234.19 |
| | 11.3700 | R$0.00 | ₱454,800.00 | −₱2,305.80 |
| | 11.3402 | R$60.00 | ₱452,928.87 | −₱4,176.93 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 11.4276 | – | ₱457,105.80 | |
|---|---|---|---|---|
| | ||||
| | ||||
| |
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 PHP 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 PHP on every transfer from Brazil.
Right now, Regency FX pays 455,871.61 PHP on 40,000 BRL, which is 1,234.19 PHP less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 512,351.23 PHP.
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.
Just because a company is the cheapest today doesn't mean it's always the best option for sending money to the Philippines.
We've tracked 177 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.
Cheapest every time
Never the cheapest
Never the cheapest
Based on 42 comparisons across 6 amounts over the last 7 days.
Cheapest every time
Cheapest in 2% of them
Cheapest in 1% of them
Based on 177 comparisons across 6 amounts over the last 30 days.
Cheapest in 95% of them
Cheapest in 12% of them
Cheapest in 7% of them
Based on 273 comparisons across 6 amounts over the last 90 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.
TapTap Send (today's second cheapest) was the cheapest in only 2% of its comparisons, so it's rarely the cheapest option for transfers to the Philippines.
There are 6 ways to send money to the Philippines across 5 money transfer companies.
For everyday transfers
For most transfers from Brazil to the Philippines, money transfer companies like TapTap Send are the cheapest way.
You can fund an online transfer with bank transfer, debit card, and pix.
TapTap Send charges R$0 and adds 0.51% markup when sending R$40,000, this will get you 454,800 PHP in the Philippines.
In our comparisons over the past month, it was the cheapest online service on 24 of the 30 days it quoted.
For property and other large transfers
Brokers are best for large transfers, they will negotiate a better BRL/PHP rate, handle the paperwork, and guide you over the phone.
Regency FX converts BRL to PHP 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
If your recipient in the Philippines needs cash, you can do it with MoneyGram.
Sending R$40,000 will get you ₱429,508 after the fees with MoneyGram.
Your recipient will collect cash at the nearest MoneyGram branch in the Philippines.
Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.
Holding AUD and other currencies
Revolut lets you hold, convert, and spend BRL and PHP from one account.
Swapping R$40,000 with Revolut will get you 452,928.87 PHP 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 the Philippines or Brazil and receive PHP payments.
For freelancers & businesses
Global accounts like Airwallex, Wise Business, and Payoneer help with international PHP payments, invoicing, receiving payments, and more.
These are great for Brazilian businesses and freelancers, but not personal transfers.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R$40,000 gives your recipient 455,871.61 PHP.
For paying for your transfer, you have bank transfer, debit card, and pix.
You can fund the transfer with Pix
You can use Pix as a funding method, but it can’t send BRL to the Philippines 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 the Philippines, they can get it as bank deposit, mobile wallet, cash pickup, mobile money, and card deposit.
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
₱455,872
Cheapest
You pay R$40,000.00
₱454,800
-₱1,072
You pay R$40,000.00
₱454,800
-₱1,072
You pay R$40,000.00
₱454,800
-₱1,072
You pay R$40,004.94
₱454,800
-₱1,072
You pay R$40,013.26
₱454,800
-₱1,072
You pay R$40,000.00
₱437,341
-₱18,531
You pay R$40,000.00
₱429,508
-₱26,364
You pay R$40,000.00
₱429,508
-₱26,364
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 the Philippines, I suggest starting with these:
Cheapest:
Regency FX, funded by bank transfer with bank deposit in the Philippines. Your recipient gets 455,871.61 PHP, which is 0.24% more than the next best option.
Fastest:
Revolut, paid by bank transfer with bank deposit for the payout. It delivers 452,928.87 PHP 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 the Philippines.
The company then switches to local rails or uses an internal network of accounts to move BRL to the Philippines.
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.
We track 5 authorised companies sending BRL to the Philippines, 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/PHP 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.
Advanced filters
Advanced filters
Tailor this money transfer comparison to your needs.
Show companies that support specific transfer features.
Only show providers with user feedback and reviews.
Hide selected providers from the BRL/PHP comparison.
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
Please share your experience with …