Regency FX is the cheapest way to send money from Brazil to South Korea. Sending R$40,000 will get your recipient 10,412,928.42 KRW in minutes - 24 hours.
With Regency FX, deposit via bank transfer and withdraw in bank deposit to get the most KRW in South Korea.
| 4 of 4 providers Last updated on 26 September 2026 | |||
| Based on 40,000 BRL transfer Best companies for BRL/KRW transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee R$1,697.80 1 BRL = 261.5540 KRW -0.20% vs mid-market | Recipient gets ₩10,018,094.00 Next day | |
Ways to receive money in South Korea with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer R$1,697.801 BRL = 261.5540 KRW ₩10,018,094.00You payR$40,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee R$0.00 1 BRL = 260.3232 KRW +0.27% vs mid-market | Recipient gets ₩10,412,928.42 Minutes - 24 hours | |
Ways to receive money in South Korea with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 BRL = 260.3232 KRW ₩10,412,928.42You payR$40,000.00 | |||
Run a live search Showing top Brazil to South Korea 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 KRW rates. | |||
Run a live search These companies offer multi-currency accounts for spending KRW. We suggest doing a live search based on how much BRL you're planning to spend in South Korea. | |||
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 = 260.3232 KRW +0.27% vs mid-market | Recipient gets ₩10,412,928.42 Minutes - 24 hours | |
Ways to receive money in South Korea with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 BRL = 260.3232 KRW ₩10,412,928.42You payR$40,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee R$60.00 1 BRL = 260.0623 KRW +0.37% vs mid-market | Recipient gets ₩10,386,888.00 Within minutes | |
Ways to receive money in South Korea with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes R$60.001 BRL = 260.0623 KRW ₩10,386,888.00You 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. | |||
| $0 fee on first online transfers  MoneyGram Pay via Pix | Fee R$0.00 1 BRL = 255.0732 KRW +2.31% vs mid-market | Recipient gets ₩10,202,928.00 Minutes - 24 hours | |
Ways to receive money in South Korea with MoneyGram when paying by pix. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks Free1 BRL = 255.0732 KRW ₩10,202,928.00You payR$40,000.00 | |||
| Wise Pay via Bank transfer | Fee R$1,697.80 1 BRL = 261.5540 KRW -0.20% vs mid-market | Recipient gets ₩10,018,094.00 Next day | |
Ways to receive money in South Korea with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer R$1,697.801 BRL = 261.5540 KRW ₩10,018,094.00You payR$40,000.00 | |||
| Wise Pay via Pix | Fee R$1,697.80 1 BRL = 261.5540 KRW -0.20% vs mid-market | Recipient gets ₩10,018,094.00 Within minutes | |
Ways to receive money in South Korea with Wise when paying by pix. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer R$1,697.801 BRL = 261.5540 KRW ₩10,018,094.00You payR$40,000.00 | |||
| How Our Results Work Mid-market rate: 1 BRL = 261.0280 KRW Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is Regency FX at 10,412,928.42 KRW 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 2 ways to pay, including bank transfer 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 South Korea
There are 6 ways to send money to South Korea across 4 money transfer companies.
For everyday transfers
For most transfers from Brazil to South Korea, 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 0.37% markup when sending R$40,000, this will get you 10,202,928 KRW in South Korea.
For property and other large transfers
Brokers are best for large transfers, they will negotiate a better BRL/KRW rate, handle the paperwork, and guide you over the phone.
Regency FX converts BRL to KRW with an exchange-rate markup of around 0.27%.
I'd suggest , since the rate gets better the more you send.
Holding AUD and other currencies
Revolut lets you hold, convert, and spend BRL and KRW from one account.
Swapping R$40,000 with Revolut will get you 10,386,888 KRW after all fees.
You can then spend it in South Korea or Brazil and receive KRW payments.
For freelancers & businesses
Global accounts like Airwallex, Wise Business, and Payoneer help with international KRW 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 10,412,928.42 KRW.
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 South Korea 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 South Korea, 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.
You pay R$40,000.00
₩10,412,928
Cheapest
You pay R$40,000.00
₩10,202,928
-₩210,000
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 South Korea, I suggest starting with these:
Cheapest:
Regency FX, funded by bank transfer with bank deposit in South Korea. Your recipient gets 10,412,928.42 KRW, which is 0.25% more than the next best option.
Fastest:
Revolut, paid by bank transfer with bank deposit for the payout. It delivers 10,386,888 KRW 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 South Korea.
The company then switches to local rails or uses an internal network of accounts to move BRL to South Korea.
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 KRW amount before fees and tax are added. Tracking the recent BRL/KRW range makes company quotes easier to compare.
Mid-market rate:1 BRL = 261.210067 KRW
We track 4 authorised companies sending BRL to South Korea, 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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