How to send money to Tanzania from Brazil with the best BRL-TZS rate

Regency FX is the cheapest way to send money from Brazil to Tanzania. Sending R$40,000 will get your recipient 19,713,097.82 TZS in minutes - 24 hours.

With Regency FX, deposit via bank transfer and withdraw in bank deposit to get the most TZS in Tanzania.

Best companies for BRL/TZS transfers

4 of 4 providers

Last updated on 28 October 2026

Based on 40,000 BRL transfer

Best companies for BRL/TZS transfers

Sort Cheapest
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Regency FX

Pay via Bank transfer
Fee R$0.00 1 BRL = 492.8274 TZS +0.27% vs mid-market Recipient gets TZS 19,713,097.82 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Tanzania with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 BRL = 492.8274 TZS
TZS 19,713,097.82You payR$40,000.00

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Regency FX

Pay via Bank transfer
Fee R$0.00 1 BRL = 492.8274 TZS +0.27% vs mid-market Recipient gets TZS 19,713,097.82 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Tanzania with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 BRL = 492.8274 TZS
TZS 19,713,097.82You payR$40,000.00

TapTap Send

Pay via Debit card
Fee R$0.00 1 BRL = 489.2660 TZS +1.00% vs mid-market Recipient gets TZS 19,570,640.00 Minutes
Receive to bank account

Ways to receive money in Tanzania with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 BRL = 489.2660 TZS
TZS 19,570,640.00You payR$40,000.00
Mobile moneyMinutesAvailable via:Airtel, M-PESA, Tigo
Free1 BRL = 489.2660 TZS
TZS 19,570,640.00You payR$40,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee R$60.00 1 BRL = 486.0737 TZS +1.65% vs mid-market Recipient gets TZS 19,413,781.85 Within minutes
FastestRecommended
Multi-currency cardReceive to bank account

Ways to receive money in Tanzania with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
R$60.001 BRL = 486.0737 TZS
TZS 19,413,781.85You 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 = 482.4547 TZS +2.40% vs mid-market Recipient gets TZS 19,298,188.00 Minutes - 24 hours

Ways to receive money in Tanzania with MoneyGram when paying by pix.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
Free1 BRL = 482.4547 TZS
TZS 19,298,188.00You payR$40,000.00
Cash pickupMinutes - 24 hours
Free1 BRL = 481.4219 TZS
TZS 19,256,876.00You payR$40,000.00
Bank depositMinutes - 24 hoursAvailable via:All Banks
Free1 BRL = 479.8861 TZS
TZS 19,195,444.00You payR$40,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee R$327.50 1 BRL = 486.0737 TZS +1.65% vs mid-market Recipient gets TZS 19,283,757.15 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Tanzania with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
R$327.501 BRL = 486.0737 TZS
TZS 19,283,757.15You 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.

How Our Results Work
Mid-market rate: 1 BRL = 494.1617 TZS Updates every 60 minutes.

How to send money from Brazil to Tanzania

Pick a company

Start with the cheapest, which is Regency FX at 19,713,097.82 TZS for a R$40,000 transfer.

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

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 3 ways to pay, including bank transfer, debit card, 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 Tanzania.

Compare amounts

How much BRL are you sending to Tanzania?

How much BRL you send to Tanzania 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$1,0001.20%R$10.00TZS 482,068.76with bank transfer to bank deposit+TZS 16,072.80
R$5,0000.72%R$0.00TZS 2,446,330.00with debit card to bank deposit+TZS 65,217.33
R$10,0000.99%R$0.00TZS 4,892,660.00with debit card to bank deposit+TZS 128,725.89
R$40,000This page0.27%R$0.00TZS 19,713,097.82with bank transfer to bank deposit+TZS 257,204.86
R$50,0000.27%R$0.00TZS 24,639,974.86with bank transfer to bank deposit+TZS 316,511.92
R$100,0000.27%R$0.00TZS 49,280,886.97with bank transfer to bank deposit+TZS 633,356.26

Mid-market rate: 1 BRL = 494.1617 TZS

BRL/TZS Exchange Rate History

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

The cheapest way to send BRL to TZS 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 Tanzania.

TZS received for R$40,000, after fees

Wed, Oct 28, 2026Mid-market rateTZS 19,766,467.28 Regency FX TZS 19,713,097.82Regency FXTZS 19,713,097.82TapTap SendTZS 19,570,640.00RevolutTZS 19,413,781.85

18.0M
18.5M
19.0M
19.5M
20.0M
20.5M
21.0M
21.5M
At the mid-market rateWith the cheapest optionRegency FXTapTap SendRevolut
Exchange rateFeeRecipient getsDifference
Mid-market rate 507.8592 – TZS 20,314,367.92
Regency FX Cheapest 506.4880 R$0.00 TZS 20,259,519.13 −TZS 54,848.79
TapTap Send 499.4170 R$0.00 TZS 19,976,680.00 −TZS 337,687.92
Revolut 496.9982 R$60.00 TZS 19,850,106.46 −TZS 464,261.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 509.7042 – TZS 20,388,167.72
Regency FX Cheapest 508.3280 R$0.00 TZS 20,333,119.67 −TZS 55,048.05
TapTap Send 504.6260 R$0.00 TZS 20,185,040.00 −TZS 203,127.72
Revolut 495.6525 R$60.00 TZS 19,796,362.75 −TZS 591,804.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 509.6436 – TZS 20,385,743.52
Regency FX Cheapest 508.2676 R$0.00 TZS 20,330,702.01 −TZS 55,041.51
TapTap Send 504.2260 R$0.00 TZS 20,169,040.00 −TZS 216,703.52
Revolut 500.3966 R$60.00 TZS 19,985,842.11 −TZS 399,901.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 504.2006 – TZS 20,168,024.96
Regency FX Cheapest 502.8393 R$0.00 TZS 20,113,571.29 −TZS 54,453.67
TapTap Send 499.0820 R$0.00 TZS 19,963,280.00 −TZS 204,744.96
Revolut 497.2007 R$60.00 TZS 19,858,195.74 −TZS 309,829.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 505.6807 – TZS 20,227,227.48
Regency FX Cheapest 504.3153 R$0.00 TZS 20,172,613.97 −TZS 54,613.51
TapTap Send 500.6630 R$0.00 TZS 20,026,520.00 −TZS 200,707.48
Revolut 498.3648 R$60.00 TZS 19,904,690.64 −TZS 322,536.84
Exchange rateFeeRecipient getsDifference
Mid-market rate 504.5759 – TZS 20,183,037.56
Regency FX Cheapest 503.2136 R$0.00 TZS 20,128,543.36 −TZS 54,494.20
TapTap Send 500.6630 R$0.00 TZS 20,026,520.00 −TZS 156,517.56
Revolut 498.3648 R$60.00 TZS 19,904,690.64 −TZS 278,346.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 504.9902 – TZS 20,199,607.28
Regency FX Cheapest 503.6267 R$0.00 TZS 20,145,068.34 −TZS 54,538.94
TapTap Send 500.7340 R$0.00 TZS 20,029,360.00 −TZS 170,247.28
Revolut 497.2947 R$60.00 TZS 19,861,949.08 −TZS 337,658.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 527.9917 – TZS 21,119,668.20
Regency FX Cheapest 526.5661 R$0.00 TZS 21,062,645.10 −TZS 57,023.10
Revolut 524.7154 R$60.00 TZS 20,957,131.18 −TZS 162,537.02
TapTap Send 522.7900 R$0.00 TZS 20,911,600.00 −TZS 208,068.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 530.2185 – TZS 21,208,741.44
Regency FX Cheapest 528.7869 R$0.00 TZS 21,151,477.84 −TZS 57,263.60
TapTap Send 526.9550 R$0.00 TZS 21,078,200.00 −TZS 130,541.44
Revolut 520.5632 R$60.00 TZS 20,791,294.39 −TZS 417,447.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 525.0378 – TZS 21,001,511.20
Regency FX Cheapest 523.6202 R$0.00 TZS 20,944,807.12 −TZS 56,704.08
Revolut 520.5698 R$60.00 TZS 20,791,558.22 −TZS 209,952.98
TapTap Send 519.5790 R$0.00 TZS 20,783,160.00 −TZS 218,351.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 526.9664 – TZS 21,078,657.16
Regency FX Cheapest 525.5436 R$0.00 TZS 21,021,744.79 −TZS 56,912.37
TapTap Send 521.7790 R$0.00 TZS 20,871,160.00 −TZS 207,497.16
Revolut 520.9976 R$60.00 TZS 20,808,644.76 −TZS 270,012.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 529.0301 – TZS 21,161,203.12
Regency FX Cheapest 527.6017 R$0.00 TZS 21,104,067.87 −TZS 57,135.25
TapTap Send 524.0670 R$0.00 TZS 20,962,680.00 −TZS 198,523.12
Revolut 524.1101 R$60.00 TZS 20,932,958.07 −TZS 228,245.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 529.0301 – TZS 21,161,203.12
Regency FX Cheapest 527.6017 R$0.00 TZS 21,104,067.87 −TZS 57,135.25
TapTap Send 524.0560 R$0.00 TZS 20,962,240.00 −TZS 198,963.12
Revolut 524.2046 R$60.00 TZS 20,936,729.74 −TZS 224,473.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 529.3296 – TZS 21,173,184.68
Regency FX Cheapest 527.9004 R$0.00 TZS 21,116,017.08 −TZS 57,167.60
TapTap Send 523.5220 R$0.00 TZS 20,940,880.00 −TZS 232,304.68
Revolut 524.2046 R$60.00 TZS 20,936,729.74 −TZS 236,454.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 529.9409 – TZS 21,197,634.24
Regency FX Cheapest 528.5100 R$0.00 TZS 21,140,400.63 −TZS 57,233.61
TapTap Send 523.9570 R$0.00 TZS 20,958,280.00 −TZS 239,354.24
Revolut 524.2046 R$60.00 TZS 20,936,729.74 −TZS 260,904.50
Exchange rateFeeRecipient getsDifference
Mid-market rate 523.0816 – TZS 20,923,264.44
Regency FX Cheapest 521.6693 R$0.00 TZS 20,866,771.63 −TZS 56,492.81
TapTap Send 517.8790 R$0.00 TZS 20,715,160.00 −TZS 208,104.44
Revolut 516.0312 R$60.00 TZS 20,610,287.42 −TZS 312,977.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 524.6158 – TZS 20,984,630.08
Regency FX Cheapest 523.1993 R$0.00 TZS 20,927,971.58 −TZS 56,658.50
TapTap Send 515.8590 R$0.00 TZS 20,634,360.00 −TZS 350,270.08
Revolut 513.3658 R$60.00 TZS 20,503,830.35 −TZS 480,799.73
Exchange rateFeeRecipient getsDifference
Mid-market rate 517.8802 – TZS 20,715,208.92
Regency FX Cheapest 516.4819 R$0.00 TZS 20,659,277.86 −TZS 55,931.06
TapTap Send 513.4180 R$0.00 TZS 20,536,720.00 −TZS 178,488.92
Revolut 512.6611 R$60.00 TZS 20,475,684.12 −TZS 239,524.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 522.4856 – TZS 20,899,423.88
Regency FX Cheapest 521.0749 R$0.00 TZS 20,842,995.44 −TZS 56,428.44
TapTap Send 516.2310 R$0.00 TZS 20,649,240.00 −TZS 250,183.88
Revolut 515.2215 R$60.00 TZS 20,577,946.22 −TZS 321,477.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 522.4856 – TZS 20,899,423.88
Regency FX Cheapest 521.0749 R$0.00 TZS 20,842,995.44 −TZS 56,428.44
TapTap Send 516.2660 R$0.00 TZS 20,650,640.00 −TZS 248,783.88
Revolut 515.2215 R$60.00 TZS 20,577,946.22 −TZS 321,477.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 521.9096 – TZS 20,876,382.44
Regency FX Cheapest 520.5004 R$0.00 TZS 20,820,016.21 −TZS 56,366.23
TapTap Send 516.7720 R$0.00 TZS 20,670,880.00 −TZS 205,502.44
Revolut 515.0665 R$60.00 TZS 20,571,755.24 −TZS 304,627.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 524.8574 – TZS 20,994,297.72
Regency FX Cheapest 523.4403 R$0.00 TZS 20,937,613.12 −TZS 56,684.60
TapTap Send 520.4840 R$0.00 TZS 20,819,360.00 −TZS 174,937.72
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 526.4927 – TZS 21,059,708.96
Regency FX Cheapest 525.0712 R$0.00 TZS 21,002,847.75 −TZS 56,861.21
TapTap Send 522.2670 R$0.00 TZS 20,890,680.00 −TZS 169,028.96
Revolut 519.1930 R$60.00 TZS 20,736,567.94 −TZS 323,141.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 526.7517 – TZS 21,070,068.36
Regency FX Cheapest 525.3295 R$0.00 TZS 21,013,179.18 −TZS 56,889.18
TapTap Send 521.5360 R$0.00 TZS 20,861,440.00 −TZS 208,628.36
Revolut 519.0970 R$60.00 TZS 20,732,733.47 −TZS 337,334.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 523.4717 – TZS 20,938,867.40
Regency FX Cheapest 522.0583 R$0.00 TZS 20,882,332.46 −TZS 56,534.94
TapTap Send 518.2890 R$0.00 TZS 20,731,560.00 −TZS 207,307.40
Revolut 517.3445 R$60.00 TZS 20,662,739.26 −TZS 276,128.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 532.8284 – TZS 21,313,136.16
Regency FX Cheapest 531.3898 R$0.00 TZS 21,255,590.69 −TZS 57,545.47
TapTap Send 525.8980 R$0.00 TZS 21,035,920.00 −TZS 277,216.16
Revolut 524.2021 R$60.00 TZS 20,936,631.08 −TZS 376,505.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 532.8284 – TZS 21,313,136.16
Regency FX Cheapest 531.3898 R$0.00 TZS 21,255,590.69 −TZS 57,545.47
TapTap Send 525.8980 R$0.00 TZS 21,035,920.00 −TZS 277,216.16
Revolut 520.6651 R$60.00 TZS 20,795,364.49 −TZS 517,771.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 531.4060 – TZS 21,256,240.92
Regency FX Cheapest 529.9712 R$0.00 TZS 21,198,849.07 −TZS 57,391.85
TapTap Send 526.9360 R$0.00 TZS 21,077,440.00 −TZS 178,800.92
Revolut 461.1048 R$60.00 TZS 18,416,524.72 −TZS 2,839,716.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 492.2485 – TZS 19,689,939.92
Regency FX Cheapest 490.9194 R$0.00 TZS 19,636,777.08 −TZS 53,162.84
TapTap Send 487.8040 R$0.00 TZS 19,512,160.00 −TZS 177,779.92
Revolut 482.9624 R$60.00 TZS 19,289,517.46 −TZS 400,422.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 494.1617 – TZS 19,766,467.28
Regency FX Cheapest 492.8274 R$0.00 TZS 19,713,097.82 −TZS 53,369.46
TapTap Send 489.2660 R$0.00 TZS 19,570,640.00 −TZS 195,827.28
Revolut 486.0737 R$60.00 TZS 19,413,781.85 −TZS 352,685.43

Exchange rateFeeRecipient getsDifference

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 TZS 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 TZS on every transfer from Brazil.

Right now, Regency FX pays 19,713,097.82 TZS on 40,000 BRL, which is 53,369.46 TZS less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 21,255,590.69 TZS.

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 Tanzania.

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

  1. Regency FXAppeared in 61 comparisons

    Cheapest every time

  2. TapTap SendAppeared in 136 comparisons

    Cheapest in 49% of them

  3. RevolutAppeared in 131 comparisons

    Cheapest in 3% of them

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.

TapTap Send (today's second cheapest) was the cheapest in only 49% of its comparisons, so it's rarely the cheapest option for transfers to Tanzania.

Ways to send money from Brazil to Tanzania

There are 6 ways to send money to Tanzania across 4 money transfer companies.

For everyday transfers

Online transfers

For most transfers from Brazil to Tanzania, 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 1% markup when sending R$40,000, this will get you 19,570,640 TZS in Tanzania.

In our comparisons over the past month, it was the cheapest online service on 28 of the 30 days it quoted.

For property and other large transfers

Currency brokers

Brokers are best for large transfers, they will negotiate a better BRL/TZS rate, handle the paperwork, and guide you over the phone.

Regency FX converts BRL to TZS 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

Cash pickup

If your recipient in Tanzania needs cash, you can do it with MoneyGram.

Sending R$40,000 will get you TSh19,298,188 after the fees with MoneyGram.

Your recipient will collect cash at the nearest MoneyGram branch in Tanzania.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

Holding AUD and other currencies

Multi-currency accounts

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

Swapping R$40,000 with Revolut will get you 19,413,781.85 TZS 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 Tanzania or Brazil and receive TZS payments.

For freelancers & businesses

Global accounts

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

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

Ways to fund BRL and receive TZS in Tanzania

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R$40,000 gives your recipient 19,713,097.82 TZS.

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 Tanzania 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 Tanzania, they can get it as bank deposit, mobile money, mobile wallet, and cash pickup.

IOF can apply when you convert and send BRL abroad, so double check the tax shown before you send.

  1. 1
    Bank transfer Bank deposit

    You pay R$40,000.00

    TSh19,713,098

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay R$40,000.00

    TSh19,570,640

    -TSh142,458

  3. 3
    Debit card Mobile money

    You pay R$40,000.00

    TSh19,570,640

    -TSh142,458

  4. 4
    Pix Mobile wallet

    You pay R$40,000.00

    TSh19,298,188

    -TSh414,910

  5. 5
    Pix Cash pickup

    You pay R$40,000.00

    TSh19,256,876

    -TSh456,222

Show moreShow less
  1. 6
    Pix Bank deposit

    You pay R$40,000.00

    TSh19,195,444

    -TSh517,654

Consider this when sending BRL to Tanzania

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/TZS transfer options

For a R$40,000 payment to Tanzania, I suggest starting with these:

Cheapest:

Regency FX, funded by bank transfer with bank deposit in Tanzania. Your recipient gets 19,713,097.82 TZS, which is 0.72% more than the next best option.

Fastest:

Revolut, paid by bank transfer with bank deposit for the payout. It delivers 19,413,781.85 TZS 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 Tanzania.

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

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 4 authorised companies sending BRL to Tanzania, 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/TZS 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.