Regency FX is the cheapest way to send money from Brazil to Philippines. Sending R$40,000 will get your recipient 488,643.25 PHP in minutes - 24 hours.
With Regency FX, deposit via bank transfer and withdraw in bank deposit to get the most PHP in Philippines.
| 5 of 5 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze BRL/PHP exchange rates from our comparisons. | |||
| Based on 40,000 BRL transfer Best companies for BRL/PHP transfersAll money transfer offers for BRL/PHP transfers, sorted by most PHP received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee R$1,666.02 1 BRL = 12.2446 PHP +0.04% vs mid-market | Recipient gets ₱469,384.25 Within a week | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer R$1,666.021 BRL = 12.2446 PHP ₱469,384.25You payR$40,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee R$0.00 1 BRL = 12.2161 PHP +0.27% vs mid-market | Recipient gets ₱488,643.25 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 = 12.2161 PHP ₱488,643.25You 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 = 12.2161 PHP +0.27% vs mid-market | Recipient gets ₱488,643.25 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 = 12.2161 PHP ₱488,643.25You payR$40,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee R$60.00 1 BRL = 12.1883 PHP +0.50% vs mid-market | Recipient gets ₱486,802.35 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 = 12.1883 PHP ₱486,802.35You 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. | |||
 TapTap Send Pay via Debit card | Fee R$0.00 1 BRL = 12.1300 PHP +0.98% vs mid-market | Recipient gets ₱485,200.00 Minutes | |
Ways to receive money in Philippines with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 BRL = 12.1300 PHP ₱485,200.00You payR$40,000.00 Mobile walletMinutesAvailable via:Coins.ph, GCash, Maya Free1 BRL = 12.1300 PHP ₱485,200.00You payR$40,000.00 Mobile moneyMinutesAvailable via:Globe Free1 BRL = 12.1300 PHP ₱485,200.00You payR$40,000.00 Card depositMinutesAvailable via:Pay To Card R$4.941 BRL = 12.1300 PHP ₱485,200.00You payR$40,004.94 Cash pickupMinutesAvailable via:Cebuana, Palawan Pawnshop & Others R$13.261 BRL = 12.1300 PHP ₱485,200.00You payR$40,013.26 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee R$327.50 1 BRL = 12.1883 PHP +0.50% vs mid-market | Recipient gets ₱483,541.97 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 = 12.1883 PHP ₱483,541.97You 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 = 12.2446 PHP +0.04% vs mid-market | Recipient gets ₱469,384.25 Within a week | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer R$1,666.021 BRL = 12.2446 PHP ₱469,384.25You payR$40,000.00 | |||
| Wise Pay via Pix | Fee R$1,666.02 1 BRL = 12.2446 PHP +0.04% vs mid-market | Recipient gets ₱469,384.25 Within a week | |
Ways to receive money in Philippines with Wise when paying by pix. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer R$1,666.021 BRL = 12.2446 PHP ₱469,384.25You payR$40,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Pix | Fee R$0.00 1 BRL = 11.5247 PHP +6.09% vs mid-market | Recipient gets ₱460,988.00 Minutes - 24 hours | |
Ways to receive money in Philippines with MoneyGram when paying by pix. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours Free1 BRL = 11.5247 PHP ₱460,988.00You payR$40,000.00 Mobile walletMinutes - 24 hoursAvailable via:GCash, Select Wallets Free1 BRL = 11.5247 PHP ₱460,988.00You payR$40,000.00 Bank depositMinutes - 24 hoursAvailable via:All Banks Free1 BRL = 11.5247 PHP ₱460,988.00You payR$40,000.00 | |||
| How Our Results Work Mid-market rate: 1 BRL = 12.249154 PHP Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is Regency FX at 488,643.25 PHP 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, 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
There are 6 ways to send money to Philippines across 5 money transfer companies.
For everyday transfers
For most transfers from Brazil to Philippines, money transfer companies like Revolut are the cheapest way.
You can fund an online transfer with bank transfer, debit card, and pix.
Revolut charges R$60 and adds 0.5% markup when sending R$40,000, this will get you 469,384.25 PHP in the Philippines.
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.
For receiving cash in Portugal
If your recipient in Philippines needs cash, you can do it with MoneyGram.
Sending R$40,000 will get you ₱460,988 after the fees with MoneyGram.
You recipient will collect cash at the nearest MoneyGram branch in Philippines.
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 486,802.35 PHP after all fees.
You can then spend it in 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 488,643.25 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 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 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
₱488,643
Cheapest
You pay R$40,000.00
₱485,200
-₱3,443
You pay R$40,000.00
₱485,200
-₱3,443
You pay R$40,000.00
₱485,200
-₱3,443
You pay R$40,004.94
₱485,200
-₱3,443
You pay R$40,013.26
₱485,200
-₱3,443
You pay R$40,000.00
₱469,384
-₱19,259
You pay R$40,000.00
₱460,988
-₱27,655
You pay R$40,000.00
₱460,988
-₱27,655
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 Philippines. Your recipient gets 488,643.25 PHP, which is 0.38% more than the next best option.
Fastest:
Revolut, paid by bank transfer with bank deposit for the payout. It delivers 486,802.35 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 Philippines.
The company then switches to local rails or uses an internal network of accounts to move BRL to 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.
The exchange rate affects the PHP amount before fees and tax are added. Tracking the recent BRL/PHP range makes company quotes easier to compare.
Mid-market rate:1 BRL = 12.279692 PHP
We track 5 authorised companies sending BRL to 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.
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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