Companies for transfers to Brazil
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Best recommended: Wise
Of the 13 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
Wise appeared in 60% of Canada to Brazil searches, and was the top rated company supporting CAD to BRL transfers.
Make your Canada to Brazil transfer using Wise for the best mix of cost and speed.
How to get the best deal on your Canada to Brazil transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Brazil.
- Choose a provider
Select the provider that offers you the best value & service for your needs
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Transfer consider from Canada to Brazil
A comparison of providers offering services between Canada and Brazil is paramount. Based on your specific transfer amount, the best way to send money to Brazil could change. Comparing ensures the best price for your needs.
For services allowing you to send Canadian Dollar to Brazil we've compared 13 providers.
This coverage of the market ensure you will get the best options for your transfer to Brazil from Canada.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Canada to Brazil.
Cheapest way to transfer money from Canada to Brazil: Remitbee
Data collected over the past six months shows that Remitbee is 0.6% cheaper than the second-best option.
This includes an average transfer fee of 0* CAD an exchange rate for buying Brazilian Real with Canadian Dollars that is 0.7% different to the mid-market rate.
If you want to secure the best rates on transfers from Canada to Brazil, Remitbee will result in the most Brazilian Real received.
*The most common fee applied to CAD-BRL by Remitbee, based on data from the past six months.
Fastest money transfers to Brazil from Canada: Ria Money Transfer.
Through our research, we found Ria Money Transfer to be the quickest way to send CAD into Brazilian Real in 52.9% of instances. For fast transfers between CAD and BRL, Ria Money Transfer is generally a good option.
Money transfers from Canada to Brazil through Ria Money Transfer have an average fee of 4 CAD.
To confirm that Ria Money Transfer was the 'fastest' option we compared 13 money transfer providers for overall speed of sending money from Canada to Brazil. This was made up of depositing Canadian Dollar to a money transfer account and transfer times to Brazil.
When sending quickly is a priority, Ria Money Transfer is our recommended choice for sending into Brazil from Canada.
Transfer a large sum of money
From 13 money transfer companies compared, Wise is the best option for large transfers from Canada to Brazil.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Canada to Brazil can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to Brazil from Canada because they offer a strong service and competitive exchange rates.
Understanding the cost of transferring money to Brazil from Canada
Fees and exchange rates make up the total cost of sending money from Brazil to Brazil. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current CAD-BRL mid-market rate is 4.272 BRL per Canadian Dollar. You will get more Brazilian Real for your Canadian Dollars if you find a provider close to this number.
For context, over the last three months the CAD-BRL mid-market rate has had a high of 4.1721, a low of 3.8991 and averaged 4.0861 BRL per Canadian Dollar.
Across the 13 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting CAD to BRL will be the biggest determining factor when working out the cost of transferring Canadian Dollars to Brazil.
Fees: Transfer fees are charged as part of the transfer. Remitbee at an average of 0 CAD per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Brazilian Real eventually received in Brazil. You can assume that a lower cost of sending from Canada will result in more money received in Brazil.
How to find the best exchange rate for Canada to Brazil
Timing is essential for sending money between CAD and BRL. The exchange rate you secure impacts how much BRL you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to BRL has seen some fluctuation. On average, it stood at 4.0861.
During this period, the highest value recorded was 4.1721, while the lowest was 3.8991.
Wise, which is our recommended service to send money online from Canada to Brazil offers an exchange rate that is only -0.02% above the mid-market rate.
Want to secure the best CAD-Brazilian Real exchange rates?
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Payment methods available to fund your Canada to Brazil transfer
Bank transfers
Bank transfers are often the better option for money transfers from Canada to Brazil.
Sending money via a bank transfer with a company such as Remitbee for transfers from Canada to Brazil allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Remitbee is the best provider for bank transfers of the 13 we tested when sending CAD to Brazil.
With an average fee of CAD0 to send money from Canada to Brazil, Remitbee offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Brazil with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Canada to Brazil, competing among a total of 13 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Canada to Brazil, emerges as our top choice of the 13 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Brazil and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Brazil.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to BRL.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
