Best companies for CAD/BRL transfers
13 of 13 providers Last updated on 28 October 2026
Based on 1,000 CAD transfer Best companies for CAD/BRL transfers Sort Cheapest
Ad Wise Pay via Bank Transfer	Fees: $39.76 1 CAD = 3.8022 BRL +0.09% vs mid-market	Recipient gets R$3,651.06 Same day
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Brazil with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $39.761 CAD = 3.8022 BRL R$3,651.06You pay$1,000.00
Ad WorldRemit Pay via Debit Card	Fees: $1.99 1 CAD = 3.6162 BRL +5.10% vs mid-market	Recipient gets R$3,608.95 Next Day
13 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day $1.991 CAD = 3.6162 BRL R$3,608.95You pay$1,000.00
Run a live search Showing top Canada to Brazil deals for 1,000 CAD. 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 CAD to BRL rates.
Run a live search These companies offer multi-currency accounts for spending BRL. We suggest doing a live search based on how much CAD you're planning to spend in Brazil.
Run a live search These are managed services with real human support for large CAD transfers. Click the link and update the transfer amount to get the best deal.
Panda Remit Pay via Bank Transfer	Fees: $8.99 1 CAD = 3.9116 BRL -2.75% vs mid-market	Recipient gets R$3,876.43 6-12 Hours
0 reviews Cheapest
Ways to receive money in Brazil with Panda Remit when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $8.991 CAD = 3.9116 BRL R$3,876.43You pay$1,000.00
Remitly Pay via Bank Transfer	Fees: $0.00 1 CAD = 3.8527 BRL -1.23% vs mid-market	Recipient gets R$3,852.70 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 3.8527 BRL R$3,852.70You pay$1,000.00 Cash pickupWithin a week Free1 CAD = 3.8527 BRL R$3,852.70You pay$1,000.00 PixWithin a week Free1 CAD = 3.8527 BRL R$3,852.70You pay$1,000.00

Remitly Pay via Interac	Fees: $0.00 1 CAD = 3.8527 BRL -1.23% vs mid-market	Recipient gets R$3,852.70 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 3.8527 BRL R$3,852.70You pay$1,000.00 Cash pickupWithin a week Free1 CAD = 3.8527 BRL R$3,852.70You pay$1,000.00 PixWithin a week Free1 CAD = 3.8527 BRL R$3,852.70You pay$1,000.00
Remitly Pay via Debit Card	Fees: $0.00 1 CAD = 3.8111 BRL -0.15% vs mid-market	Recipient gets R$3,811.10 Within minutes
15 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes Free1 CAD = 3.8111 BRL R$3,811.10You pay$1,000.00 Cash pickupWithin minutes Free1 CAD = 3.8111 BRL R$3,811.10You pay$1,000.00 PixWithin minutes Free1 CAD = 3.8111 BRL R$3,811.10You pay$1,000.00

Remitly Pay via Credit Card	Fees: $20.00 1 CAD = 3.8111 BRL -0.15% vs mid-market	Recipient gets R$3,811.10 Within minutes
15 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutes $20.001 CAD = 3.8111 BRL R$3,811.10You pay$1,020.00 Cash pickupWithin minutes $20.001 CAD = 3.8111 BRL R$3,811.10You pay$1,020.00 PixWithin minutes $20.001 CAD = 3.8111 BRL R$3,811.10You pay$1,020.00
TapTap Send Pay via Debit Card	Fees: $5.99 1 CAD = 3.8000 BRL +0.14% vs mid-market	Recipient gets R$3,800.00 Minutes
0 reviews Fastest Receive to bank account
Ways to receive money in Brazil with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets PixMinutesAvailable via:Pix, Pix Code Payment Brazil, Pix Key Brazil $5.991 CAD = 3.8000 BRL R$3,800.00You pay$1,005.99
Instarem Pay via Interac	Fees: $0.00 1 CAD = 3.7993 BRL +0.16% vs mid-market	Recipient gets R$3,799.30 6-12 Hours
7 reviews Receive to bank account
Ways to receive money in Brazil with Instarem when paying by interac. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 3.7993 BRL R$3,799.30You pay$1,000.00
Paysend Pay via Debit Card	Fees: $0.00 1 CAD = 3.7859 BRL +0.52% vs mid-market	Recipient gets R$3,785.94 6-12 Hours
0 reviews
Ways to receive money in Brazil with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 3.7859 BRL R$3,785.94You pay$1,000.00

Paysend Pay via Credit Card	Fees: $0.00 1 CAD = 3.7859 BRL +0.52% vs mid-market	Recipient gets R$3,785.94 6-12 Hours
0 reviews
Ways to receive money in Brazil with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 3.7859 BRL R$3,785.94You pay$1,000.00
OFX Pay via Bank Transfer	Fees: $0.00 1 CAD = 3.7807 BRL +0.65% vs mid-market	Recipient gets R$3,780.75 6-12 Hours
7 reviews Receive to bank account
Ways to receive money in Brazil with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 3.7807 BRL R$3,780.75You pay$1,000.00
$0 fee on first online transfers MoneyGram Pay via Debit Card	Fees: $4.99 1 CAD = 3.7544 BRL +1.35% vs mid-market	Recipient gets R$3,754.40 6-12 Hours
2 reviews
Ways to receive money in Brazil with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Pix6-12 HoursAvailable via:PIX $4.991 CAD = 3.7544 BRL R$3,754.40You pay$1,004.99 Bank deposit6-12 HoursAvailable via:All Banks $4.991 CAD = 3.7544 BRL R$3,754.40You pay$1,004.99 Cash pickup6-12 Hours $5.991 CAD = 3.6626 BRL R$3,662.60You pay$1,005.99

$0 fee on first online transfers MoneyGram Pay via Credit Card	Fees: $4.99 1 CAD = 3.7544 BRL +1.35% vs mid-market	Recipient gets R$3,754.40 6-12 Hours
2 reviews
Ways to receive money in Brazil with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Pix6-12 HoursAvailable via:PIX $4.991 CAD = 3.7544 BRL R$3,754.40You pay$1,004.99 Bank deposit6-12 HoursAvailable via:All Banks $4.991 CAD = 3.7544 BRL R$3,754.40You pay$1,004.99 Cash pickup6-12 Hours $5.991 CAD = 3.6626 BRL R$3,662.60You pay$1,005.99
$0 fee on first online transfers MoneyGram Pay via Cash deposit	Fees: $4.99 1 CAD = 3.7544 BRL +1.35% vs mid-market	Recipient gets R$3,754.40 6-12 Hours
2 reviews
Ways to receive money in Brazil with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Pix6-12 HoursAvailable via:PIX $4.991 CAD = 3.7544 BRL R$3,754.40You pay$1,004.99 Bank deposit6-12 HoursAvailable via:All Banks $4.991 CAD = 3.7544 BRL R$3,754.40You pay$1,004.99 Cash pickup6-12 Hours $5.991 CAD = 3.6626 BRL R$3,662.60You pay$1,005.99
Koho Pay via Bank Transfer	Fees: $15.30 1 CAD = 3.8050 BRL +0.01% vs mid-market	Recipient gets R$3,746.77 Next day
0 reviews Receive to bank account
Ways to receive money in Brazil with Koho when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $15.301 CAD = 3.8050 BRL R$3,746.77You pay$1,000.00 PixNext dayAvailable via:Pix $15.301 CAD = 3.8050 BRL R$3,746.77You pay$1,000.00
Western Union Pay via Debit Card	Fees: $0.00 1 CAD = 3.7070 BRL +2.62% vs mid-market	Recipient gets R$3,707.02 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with Western Union when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 3.7070 BRL R$3,707.02You pay$1,000.00

Western Union Pay via Bank Transfer	Fees: $0.00 1 CAD = 3.7070 BRL +2.62% vs mid-market	Recipient gets R$3,707.02 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with Western Union when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 3.7070 BRL R$3,707.02You pay$1,000.00
Wise Pay via Bank Transfer	Fees: $39.76 1 CAD = 3.8022 BRL +0.09% vs mid-market	Recipient gets R$3,651.06 Same day
25 reviews Recommended Receive to bank accountDedicated support for large transfers
Ways to receive money in Brazil with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $39.761 CAD = 3.8022 BRL R$3,651.06You pay$1,000.00
Only available via Mobile App Sendwave Pay via Debit Card	Fees: $1.99 1 CAD = 3.6542 BRL +4.06% vs mid-market	Recipient gets R$3,646.90 2 Days
6 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with Sendwave when paying by debit card. MethodFee & ratesRecipient gets Pix2 Days $1.991 CAD = 3.6542 BRL R$3,646.90You pay$1,000.00
Wise Pay via Interac	Fees: $45.24 1 CAD = 3.8022 BRL +0.09% vs mid-market	Recipient gets R$3,630.23 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Brazil with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $45.241 CAD = 3.8022 BRL R$3,630.23You pay$1,000.00
Wise Pay via Debit Card	Fees: $50.05 1 CAD = 3.8022 BRL +0.09% vs mid-market	Recipient gets R$3,611.94 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Brazil with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $50.051 CAD = 3.8022 BRL R$3,611.94You pay$1,000.00
Only available via Mobile App WorldRemit Pay via Debit Card	Fees: $1.99 1 CAD = 3.6162 BRL +5.10% vs mid-market	Recipient gets R$3,608.95 Next Day
13 reviews Receive to bank account or cash pickup
Ways to receive money in Brazil with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day $1.991 CAD = 3.6162 BRL R$3,608.95You pay$1,000.00
Wise Pay via Credit Card	Fees: $63.86 1 CAD = 3.8022 BRL +0.09% vs mid-market	Recipient gets R$3,559.43 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Brazil with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $63.861 CAD = 3.8022 BRL R$3,559.43You pay$1,000.00
Remitbee Pay via Debit Card	Fees: $0.00 1 CAD = 3.5216 BRL +7.75% vs mid-market	Recipient gets R$3,521.60 Next Day
0 reviews
Ways to receive money in Brazil with Remitbee when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 3.5216 BRL R$3,521.60You pay$1,000.00

Remitbee Pay via Interac	Fees: $0.00 1 CAD = 3.5216 BRL +7.75% vs mid-market	Recipient gets R$3,521.60 Next Day
0 reviews
Ways to receive money in Brazil with Remitbee when paying by interac. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 3.5216 BRL R$3,521.60You pay$1,000.00
Remitbee Pay via Bill payment	Fees: $0.00 1 CAD = 3.5216 BRL +7.75% vs mid-market	Recipient gets R$3,521.60 Next Day
0 reviews
Ways to receive money in Brazil with Remitbee when paying by bill payment. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 3.5216 BRL R$3,521.60You pay$1,000.00
Remitbee Pay via Bank Transfer	Fees: $0.00 1 CAD = 3.5216 BRL +7.75% vs mid-market	Recipient gets R$3,521.60 Next Day
0 reviews
Ways to receive money in Brazil with Remitbee when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 3.5216 BRL R$3,521.60You pay$1,000.00
How Our Results Work Mid-market rate: 1 CAD = 3.8055 BRL Updates every 60 minutes.

Why compare

CAD/BRL exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Canada to Brazil

Pick a company

Start with the cheapest, which is Panda Remit at 3,876.43 BRL on CA$1,000.

Panda Remit was the cheapest on 1 of the 16 days it quoted CA$1,000 transfers to Brazil.

More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.

Fund your transfer

You have 6 ways to pay, including debit card, bank transfer, credit card, interac, cash deposit, and bill payment.

Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.

Verify and send

First time round you'll need a photo ID, and often where the money came from.

Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.

Compare amounts

How much CAD are you sending to Brazil?

How much CAD you send to Brazil 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 Panda Remit was the cheapest in 2% of the transfers up to C$1,000 it quoted, and in 2% of all the transfers it quoted.


$100	-1.26%	$0.00	R$385.45with bank transfer to bank deposit	+R$18.69
$500	-1.23%	$0.00	R$1,927.10with bank transfer to bank deposit	+R$75.58
$1,000This page	-2.75%	$8.99	R$3,876.43with bank transfer to bank deposit	+R$169.71
$3,000	0.19%	$5.99	R$11,400.00with debit card to pix	+R$342.86
$10,000	0.15%	$5.99	R$38,000.00with debit card to pix	+R$1,197.39
$50,000	0.18%	$5.99	R$190,000.00with debit card to pix	+R$2,566.09

Mid-market rate: 1 CAD = 3.8055 BRL

CAD/BRL Exchange Rate History

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

The cheapest way to send CAD to BRL 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 Panda Remit), across 30 days of comparisons for 1,000 CAD transfers to Brazil.

Each line shows what the recipient gets when you send $1,000, after fees, as quoted by each company. The mid-market line shows what $1,000 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 BRL per CAD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 23 of the last 30 days.

Right now, Panda Remit pays 3,876.43 BRL on 1,000 CAD, which is 70.95 BRL more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 3,879 BRL.

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.

If you need to send money now, it's a good time to send.

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 Brazil.

We've tracked 180 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

Panda RemitAppeared in 46 comparisons
Cheapest in 2% of them
RemitlyAppeared in 103 comparisons
Cheapest in 49% of them
TapTap SendAppeared in 178 comparisons
Cheapest in 33% of them

Based on 180 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 analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Panda Remit is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

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

Ways to send money from Canada to Brazil

There are 13 companies sending money to Brazil, but how you send depends on your needs.

Most common option

In-person transfers

Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.

Bring CA$1,000 in cash to the closest Remitly location, and your recipient picks up 3,852.7 BRL within minutes.

Our data shows Remitly came out cheapest among in-person options on 52% of days in the past month.

Cash transfers cost more

Cash transfer to Brazil is usually the most expensive option, compare your options above to get the best deal.

For transfers home

Money transfer apps

An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.

Panda Remit charges CA$8.99 in fees and adds -2.75% markup, so your CA$1,000 delivers 3,876.43 BRL in 6-12 hours.

Over the past month, Panda Remit was the cheapest app on 6% of the days it appeared for CA$1,000 transfers.

You don't need a SIN to sign up either, a passport works.

For one-off transfers

Online transfers

For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.

Of the 13 companies we compared, Panda Remit is the cheapest online service and currently gets you 3,876.43 BRL on a CA$1,000 transfer after a CA$8.99 fee and -2.75% markup.

In our comparisons over the past month, it was the cheapest online service on 1 of the 16 days it quoted.

Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.

For large transfers from Canada

Currency brokers

For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.

Brokers like OFX charge no fees but add 0.65% on CAD/BRL interbank rate.

The markup gets lower the more you send, with an account manager handling it end to end.

Our analysis shows OFX was the cheapest broker in 59% of all the transfers it quoted.

If you're sending large amounts, expect more questions about the transfers, so have statements and documents ready to avoid delays.

If you already have one

Challenger banks

Some neobanks in Canada include international transfers with no transfer fee as part of the account.

Koho sends your CA$1,000 for CA$15.3 in fees with 0.01% markup.

It's a good option for small occasional transfers, but I still suggest .

Our data shows Koho came out cheapest among challenger banks on 100% of days in the past month.

For businesses paying abroad

Global accounts

Global accounts handle the business side, paying suppliers, contractors and overseas invoices in BRL.

Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.

For spending abroad and getting paid

Multi-currency accounts

If part of your life runs in BRL, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.

Wise lets you hold CAD and BRL, and convert between them at low cost.

For example, converting $1,000 costs $39.76 in fees at 0.09% markup, which gets you 3,651.06 BRL.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund CAD and receive BRL in Brazil

With Panda Remit, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CA$1,000 gives your recipient 3,876.43 BRL.

Deposit CAD using debit card, bank transfer, credit card, interac, cash deposit, and bill payment.

I suggest using Interac e-Transfer for simplicity

Follow the company's Interac instructions and check the business name before sending.

Do not send to an email address supplied outside the company's app or website.

The recipient can receive BRL through bank deposit, pix, and cash pickup.

For a bank deposit payout, you will need the recipient's bank details in Brazil.

1

Bank transfer Bank deposit

You pay CA$1,000.00

R$3,876

Cheapest
2

Bank transfer Cash pickup

You pay CA$1,000.00

R$3,853

-R$24
3

Bank transfer Pix

You pay CA$1,000.00

R$3,853

-R$24
4

Interac Bank deposit

You pay CA$1,000.00

R$3,853

-R$24
5

Interac Cash pickup

You pay CA$1,000.00

R$3,853

-R$24

Show moreShow less

6

Interac Pix

You pay CA$1,000.00

R$3,853

-R$24
7

debit card Bank deposit

You pay CA$1,000.00

R$3,811

-R$65
8

debit card Cash pickup

You pay CA$1,000.00

R$3,811

-R$65
9

debit card Pix

You pay CA$1,000.00

R$3,811

-R$65
10

credit card Bank deposit

You pay CA$1,020.00

R$3,811

-R$65
11

credit card Cash pickup

You pay CA$1,020.00

R$3,811

-R$65
12

credit card Pix

You pay CA$1,020.00

R$3,811

-R$65
13

Cash deposit Pix

You pay CA$1,004.99

R$3,754

-R$122
14

Cash deposit Bank deposit

You pay CA$1,004.99

R$3,754

-R$122
15

Cash deposit Cash pickup

You pay CA$1,005.99

R$3,663

-R$214
16

Bill payment Bank deposit

You pay CA$1,000.00

R$3,522

-R$355

Consider this when sending CAD to Brazil

Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.

Compare CAD/BRL transfer options

For a CA$1,000 transfer to Brazil, these are the cheapest, fastest and easiest options available now.

Best way to send money to Brazil

Panda Remit is the cheapest and easiest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 3,876.43 BRL, which is 0.61% more than the next best option.

Fastest way to send money to Brazil

TapTap Send is fastest when you pay by debit card and choose pix for the payout. The transfer delivers 3,800 BRL in minutes.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in Brazil.

When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.

C$10,000 reporting threshold

There is no C$10,000 legal cap on electronic transfers from Canada.

A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.

The bank or transfer company makes that report, you do not file it yourself.

But you may be asked for proof of where the money came from.

Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.

Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.

CDIC protection

Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.

Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.

If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.

If you live in Quebec, also confirm that it is allowed to provide money services there.

How we analyse the market

Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.

That covers 13 FINTRAC-registered companies sending CAD to Brazil, updated in real time during a live search, compared on rates, fees and how your recipient can collect.

In the past 30 days alone, we analyzed 180 comparisons across 6 amounts.

This page covers the cheapest and fastest options for CAD/BRL 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 getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

Send money from Canada

Send money to Brazil

Send money from United States to Brazil Send money from Spain to Brazil Send money from Germany to Brazil Send money from Nigeria to Brazil Send money from France to Brazil Send money from United Kingdom to Brazil Send money from Switzerland to Brazil Send money from India to Brazil

Tue, Sep 29, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.6822	–	R$3,682.19
Paysend Cheapest	3.6629	$0.00	R$3,662.93	−R$19.26
TapTap Send	3.6600	$5.99	R$3,660.00	−R$22.19
Remitly	3.6465	$0.00	R$3,646.50	−R$35.69
Panda Remit	3.6680	$8.99	R$3,635.02	−R$47.16

Wed, Sep 30, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.6694	–	R$3,669.36
TapTap Send Cheapest	3.6600	$5.99	R$3,660.00	−R$9.36
Panda Remit	3.6680	$8.99	R$3,635.02	−R$34.33
Remitly	3.6348	$0.00	R$3,634.80	−R$34.56

Thu, Oct 1, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.6370	–	R$3,636.96
TapTap Send Cheapest	3.6600	$5.99	R$3,660.00	+R$23.04
Panda Remit	3.6680	$8.99	R$3,635.02	−R$1.94
Remitly	3.6038	$0.00	R$3,603.80	−R$33.16

Fri, Oct 2, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.6767	–	R$3,676.68
TapTap Send Cheapest	3.6600	$5.99	R$3,660.00	−R$16.68
Remitly	3.6423	$0.00	R$3,642.30	−R$34.38
Panda Remit	3.6680	$8.99	R$3,635.02	−R$41.66

Sat, Oct 3, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.6571	–	R$3,657.09
TapTap Send Cheapest	3.6600	$5.99	R$3,660.00	+R$2.91
Panda Remit	3.6680	$8.99	R$3,635.02	−R$22.06
Remitly	3.6296	$0.00	R$3,629.60	−R$27.49

Sun, Oct 4, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.6568	–	R$3,656.83
TapTap Send Cheapest	3.6600	$5.99	R$3,660.00	+R$3.17
Panda Remit	3.6680	$8.99	R$3,635.02	−R$21.81
Remitly	3.6296	$0.00	R$3,629.60	−R$27.23

Mon, Oct 5, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.6592	–	R$3,659.21
Ria Money Transfer Cheapest	3.6660	$1.90	R$3,659.03	−R$0.17
TapTap Send	3.6500	$5.99	R$3,650.00	−R$9.21
Panda Remit	3.6680	$8.99	R$3,635.02	−R$24.18
Remitly	3.6231	$0.00	R$3,623.10	−R$36.11

Tue, Oct 6, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5004	–	R$3,500.43
Ria Money Transfer Cheapest	3.6660	$1.90	R$3,659.03	+R$158.60
Panda Remit	3.6680	$8.99	R$3,635.02	+R$134.59
TapTap Send	3.5000	$5.99	R$3,500.00	−R$0.43
Remitly	3.4678	$0.00	R$3,467.80	−R$32.63

Wed, Oct 7, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5034	–	R$3,503.44
Ria Money Transfer Cheapest	3.6660	$1.90	R$3,659.03	+R$155.59
Panda Remit	3.6680	$8.99	R$3,635.02	+R$131.58
TapTap Send	3.5000	$5.99	R$3,500.00	−R$3.44
Remitly	3.4702	$0.00	R$3,470.20	−R$33.24

Thu, Oct 8, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5211	–	R$3,521.14
Ria Money Transfer Cheapest	3.6660	$1.90	R$3,659.03	+R$137.90
Panda Remit	3.6680	$8.99	R$3,635.02	+R$113.89
TapTap Send	3.5000	$5.99	R$3,500.00	−R$21.14
Remitly	3.4885	$0.00	R$3,488.50	−R$32.64

Fri, Oct 9, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5302	–	R$3,530.22
Ria Money Transfer Cheapest	3.6660	$1.90	R$3,659.03	+R$128.82
Panda Remit	3.6680	$8.99	R$3,635.02	+R$104.81
TapTap Send	3.5000	$5.99	R$3,500.00	−R$30.22
Remitly	3.4972	$0.00	R$3,497.20	−R$33.02

Sat, Oct 10, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.4994	–	R$3,499.36
Ria Money Transfer Cheapest	3.6660	$1.90	R$3,659.03	+R$159.67
Panda Remit	3.6680	$8.99	R$3,635.02	+R$135.66
TapTap Send	3.5000	$5.99	R$3,500.00	+R$0.64
Remitly	3.4682	$0.00	R$3,468.20	−R$31.16

Mon, Oct 12, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5023	–	R$3,502.29
Ria Money Transfer Cheapest	3.6660	$1.90	R$3,659.03	+R$156.74
Panda Remit	3.6680	$8.99	R$3,635.02	+R$132.73
TapTap Send	3.5000	$5.99	R$3,500.00	−R$2.29
Remitly	3.4719	$0.00	R$3,471.90	−R$30.39

Tue, Oct 13, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.4962	–	R$3,496.23
Remitly Cheapest	3.5377	$0.00	R$3,537.70	+R$41.47
TapTap Send	3.5000	$5.99	R$3,500.00	+R$3.77
Panda Remit No quote collected this day	–	–	–	–

Wed, Oct 14, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5385	–	R$3,538.54
Remitly Cheapest	3.5821	$0.00	R$3,582.10	+R$43.56
TapTap Send	3.5000	$5.99	R$3,500.00	−R$38.54
Panda Remit No quote collected this day	–	–	–	–

Thu, Oct 15, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5461	–	R$3,546.08
Remitly Cheapest	3.5939	$0.00	R$3,593.90	+R$47.82
TapTap Send	3.5000	$5.99	R$3,500.00	−R$46.08
Panda Remit No quote collected this day	–	–	–	–

Fri, Oct 16, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	–	–	–
Remitly Cheapest	3.6410	$0.00	R$3,641.00	–
TapTap Send	3.5000	$5.99	R$3,500.00	–
Panda Remit No quote collected this day	–	–	–	–

Sat, Oct 17, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5777	–	R$3,577.68
Paysend Cheapest	3.5637	$0.00	R$3,563.69	−R$13.99
TapTap Send	3.5000	$5.99	R$3,500.00	−R$77.68
Panda Remit No quote collected this day	–	–	–	–
Remitly No quote collected this day	–	–	–	–

Sun, Oct 18, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	–	–	–
Remitly Cheapest	3.6262	$0.00	R$3,626.20	–
TapTap Send	3.5000	$5.99	R$3,500.00	–
Panda Remit No quote collected this day	–	–	–	–

Mon, Oct 19, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5934	–	R$3,593.44
Remitly Cheapest	3.6359	$0.00	R$3,635.90	+R$42.46
TapTap Send	3.5000	$5.99	R$3,500.00	−R$93.44
Panda Remit No quote collected this day	–	–	–	–

Tue, Oct 20, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5792	–	R$3,579.16
Remitly Cheapest	3.6248	$0.00	R$3,624.80	+R$45.64
TapTap Send	3.5700	$5.99	R$3,570.00	−R$9.16
Panda Remit No quote collected this day	–	–	–	–

Wed, Oct 21, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5742	–	R$3,574.16
Remitly Cheapest	3.6178	$0.00	R$3,617.80	+R$43.64
TapTap Send	3.5700	$5.99	R$3,570.00	−R$4.16
Panda Remit No quote collected this day	–	–	–	–

Thu, Oct 22, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5826	–	R$3,582.59
Remitly Cheapest	3.6263	$0.00	R$3,626.30	+R$43.71
TapTap Send	3.5800	$5.99	R$3,580.00	−R$2.59
Panda Remit No quote collected this day	–	–	–	–

Fri, Oct 23, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.6047	–	R$3,604.68
Remitly Cheapest	3.6508	$0.00	R$3,650.80	+R$46.12
TapTap Send	3.6000	$5.99	R$3,600.00	−R$4.68
Panda Remit No quote collected this day	–	–	–	–

Sat, Oct 24, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	3.5459	–	R$3,545.94
Remitly Cheapest	3.5897	$0.00	R$3,589.70	+R$43.76
TapTap Send	3.5500	$5.99	R$3,550.00	+R$4.06
Panda Remit No quote collected this day	–	–	–	–

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