Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 87.9% of Spain to Brazil searches, and was the top rated company out of 8 that support EUR to BRL.
So for a great mix of cost, speed & features, make your Spain to Brazil transfer using Wise.
How to get the best deal on your Spain to Brazil transfer
Important things to consider before sending money from Spain to Brazil
Don't settle for the first option. Always compare ways to send money from Spain to Brazil to find out about fees, speed, and reliability.
Our analysis included 8 providers that operate between Spain and Brazil.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Brazil.
Cheapest way to send money to Brazil from Spain: Instarem
Data collected over the past six months show that Instarem is % cheaper than the second-best option.
The €0.33 transfer cost represents the most common fee for EUR to BRL international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to Brazil transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to EUR-BRL by Instarem, based on data from the past six months.
Fastest way to send money from Spain to Brazil: Profee
Our data shows that Profee came up as the fastest way to send money from Spain to Brazil in 45.5% of searches. This makes them well suited to urgent EUR to BRL money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Spain to Brazil - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Profee is your best choice at the moment. This service emerged as the quickest way to send money to Brazil from Spain in 45.5% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Brazil, it’s the provider that will keep you safe and relaxed while your money moves into BRL.
Understanding the costs involved when moving money from Spain to Brazil
When calculating the costs of money transfers between Spain and Brazil, here's what really matters:
The Mid-Market Rate: Today, the EUR-BRL mid-market rate equals to 5.579268 BRL per Euro. Keep in mind that this rate fluctuates all the time.
The EUR-BRL average exchange rate of the past three months has been 5.3584 BRL per Euro, with a high of 5.4777 and a low of 5.2518.
Fees and Markups: That's where Profee shines, combining the best of both worlds: excellent EUR to BRL rates that are only -0.55% away from the average.
How to find the best exchange rate for Euro to Brazilian Real
Timing is essential sending money between EUR and BRL. The exchange rate you secure impacts how much BRL you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to BRL has seen some fluctuation. On average, it stood at 5.3584.
During this period, the highest value recorded was 5.4777, while the lowest was 5.2518.
Wise, which is our recommended service to send money online from Spain to Brazil offers an exchange rate that is only 0.04% above the mid-market rate.
Want to secure the best EUR-Brazilian Real exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Brazil!
Payment methods available to fund your Spain to Brazil transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Brazil and Spain.
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 Spain to Brazil .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to BRL.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.