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"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."
"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."
"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."
Overall best way: Wise
We tested & reviewed 6 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 93.4% of Brazil to Bolivia searches, and was the top rated company supporting payments Brazil into Boliviano.
So for a great mix of cost, speed & features, make your Brazil to Bolivia transfer using Wise.
How to compare deals on Brazil to Bolivia money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Brazil to Bolivia.
- Choose a provider
Select the provider that gives you the best value & service for your needs
- Click, sign up & send
Follow the steps & start your transfer from Brazil. Your funds will be converted to Boliviano and transferred to Bolivia.
Summary of recent searches
Considerations when sending from Brazil to Bolivia
Comparing money transfer companies with services between Brazil and Bolivia, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 6 providers providing services between Brazil and Bolivia. This ensures you will get the best options when sending Boliviano to Bolivia.
Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Bolivia will provide a specific provider that’s best for transferring money from Brazil.
Cheapest way to transfer money from Brazil to Bolivia: Wise
Our data shows Wise is 0% cheaper than the second-best option. The company offers an average fee of 0* BRL and an average exchange rate between BRL and BOB that is 0.1% different to the mid-market rate.
For a cheap way to send BRL to Bolivia, Wise is a great all round choice.
*The most common fee applied to BRL-BOB by Wise, based on data from the past six months.
Fastest way to send money to Bolivia from Brazil: Paysend.
In our comparison, we found Paysend to be the fastest way to send Brazilian Reals to Boliviano in 97.1% of transfers. For quick transfers between BRL and BOB, Paysend comes highly recommended.
Sending money from Brazil to Bolivia through Paysend has an average fee of 0 BRL.
To find the fastest company, we compared 6 money transfer providers for the overall speed of sending money from Brazil to Bolivia. This was made up of depositing Brazilian Real to a money transfer account and transfer times to Bolivia.
When looking for the fastest money transfer, Paysend is our best choice for sending into Bolivia from Brazil.
Sending large amounts of money
Of the 6 companies compared, Wise has the strongest option for large transfers from Brazil to Bolivia.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Brazilian Real to Boliviano.
The Wise rate makes them great for large transfers between Bolivia and Brazil.
Understanding the costs involved when transferring money to Bolivia from Brazil
When calculating the cost of sending money from Brazil to Bolivia, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current BRL-BOB mid-market rate is 1.1251 BOB per Brazilian Real. Finding a provider as close to this number as possible will ensure more Boliviano for your money.
As a comparison, the BRL-BOB mid-market rate for the past three months has averaged 1.2456 BOB per Brazilian Real, hitting a high of 1.3341 and a low of 1.1801.
Wise is currently offering the best exchange rate on transfers between Brazil and Bolivia.
Often the BRL-BOB exchange rate you receive will be the biggest factor impacting the cost of sending Brazilian Real to Bolivia.
Fees: Transfer fees are charged on top of a transfer. Paysend currently offers lowest fees, at an average of 0 BRL over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Boliviano is the biggest indicator in the total cost of sending money to Brazil from Bolivia. The higher the total amount received in Bolivia, the lower the cost of sending from Brazil.
How to find the best exchange rate for Brazilian Real to Boliviano
Timing is essential for sending money between BRL and BOB. The exchange rate you secure impacts how much BOB you get for your BRL.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from BRL to BOB has seen some fluctuation. On average, it stood at 1.2456.
During this period, the highest value recorded was 1.3341, while the lowest was 1.1801.
Wise, which is our recommended service to send money online from Brazil to Bolivia offers an exchange rate that is only 0.09% above the mid-market rate.
Want to secure the best BRL-Boliviano exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Brazil to Bolivia!
Payment methods for Brazil to Bolivia transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Brazil to Bolivia.
By opting for a money transfer company such as Wise for transfers from Brazil to Bolivia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 6 we tested when sending BRL to Bolivia.
With an average fee of BRL124.77 to send money from Brazil to Bolivia, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Brazil to Bolivia is easy with Wise.
Wise is a market leader in debit card payments for transfers from Brazil to Bolivia, this is among a total of 6 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Brazil to Bolivia, Wise emerges as our top choice of the 6 companies offering this service.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Bolivia 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 Bolivia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to BOB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
