Our recommendation: Wise
We tested & reviewed 4 money transfer providers offering money transfers from Brazil to Australia, and Wise scored highly.
In total, Wise appeared in 100% of Brazil to Australia searches, and was the top rated company supporting transfers between BRL and AUD.
For a great mix of cost, speed & features, we recommend making your Brazil to Australia transfer using Wise.
How to compare companies offering money transfers from Brazil to Australia
Understanding Brazil to Australia money transfers
Comparing providers when sending money from Brazil to Australia is the easiest way to make a transfer at the best price.
We’ve compared 4 providers for sending Brazilian Real to Australia. This ensures you will get the best options for your transfer to Australia from Brazil.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Brazil to Australia.
Cheapest way to send money from Brazil to Australia: Panda Remit
Data collected for transfers between Brazil and Australia over the past six months shows that Panda Remit is 1.4% cheaper than the second-best option.
This cost combines an average exchange rate between the Brazilian Real and Australian Dollar that is 0.3% different to the mid-market rate and an average fee of 4* BRL.
*The most common fee applied to BRL-AUD by Panda Remit, based on data from the past six months.
Fastest way to transfer money to Australia from Brazil: Paysend.
Through our data, we found Paysend to be the fastest option for sending money from Brazil into Australian Dollar in 85.7% of occasions. For fast BRL to AUD money transfers, Paysend comes highly recommended.
Brazil to Australia transfers with Paysend have an average fee of 0 BRL.
To test that Paysend was the 'fastest' option we compared 4 providers. With this, we compared overall speed of sending money from Brazil to Australia made up of depositing Brazilian Reals, to a money transfer account and transfer times to Australia.
When sending at speed is a priority, Paysend is our recommended choice for sending into Australia from Brazil.
Transferring large sums of money
Of the 4 money transfer companies tested, Wise is the strongest option for large transfers from Brazil to Australia.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Brazil to Australia can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to BRL because they offer a strong all-round product.
Understanding the cost of transferring money to Australia from Brazil
Fees and exchange rates make up the total cost of sending money from Australia to Australia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current BRL-AUD mid-market rate is 0.2666 AUD per Brazilian Real. You will get more Australian Dollar for your Brazilian Reals if you find a provider close to this number.
For context, over the last three months the BRL-AUD mid-market rate has had a high of 0.2813, a low of 0.2598 and averaged 0.2703 AUD per Brazilian Real.
Across the 4 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting BRL to AUD will be the biggest determining factor when working out the cost of transferring Brazilian Reals to Australia.
Fees: Transfer fees are charged as part of the transfer. Panda Remit at an average of 4 BRL 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 Australian Dollar eventually received in Australia. You can assume that a lower cost of sending from Brazil will result in more money received in Australia.
Finding the best exchange rate between Brazilian Real and Australian Dollar
Getting a strong exchange rate between BRL and AUD is essential. The exchange rate you secure impacts how much AUD you get for your BRL.
It can pay to track rates, and keep on top of currency trends.
Over the past six months, the mid-market rate from BRL to AUD has averaged 0.2703.
In this period there was a high of 0.2813, and a low of 0.2598.
Wise, which is our recommended service to send money online from Brazil to Australia offers an exchange rate with a mark up of 0.01% above the mid-market rate.
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Paying for your Brazil to Australia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Australia and Brazil.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Brazil to Australia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to AUD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.