Companies for transfers from Brazil to Canada
"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 to over 40 destinations online and in the mobile app."
"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 choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Brazil to Canada searches in the last 6 months, and was the top rated company out of 4 that support BRL to CAD.
So for a great blend of cost, speed & features, make your Brazil to Canada transfer using Wise.
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How to compare deals on Brazil to Canada money transfers
Sending money from Brazil to Canada considerations
A comparison of providers offering services between Brazil and Canada is the easiest way to ensure the best deal.
We've compared 4 providers that offer services for sending Brazilian Real to Canada.
This ensures you will get the best options for your transfer to Canada from Brazil.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Brazil to Canada.
Cheapest way to send money to Canada from Brazil: Panda Remit
Data collected through our comparison over the past six months shows that Panda Remit is 1.8% cheaper than the second-best option.
The cost is made up of an average fee of 0* BRL and an exchange rate for buying Canadian Dollar with Brazilian Real that is 0.3% different to the mid-market rate.
If you want to secure the best rates on a Brazil to Canada transfer, Panda Remit offers value. We would still recommend searching for the amount you want to send to Canada.
*The most common fee applied to BRL-CAD by Panda Remit, based on data from the past six months.
Fastest way to send money to Canada from Brazil: Panda Remit.
In our comparison, we found Panda Remit to be the fastest way to send Brazilian Reals to Canadian Dollar in 66.7% of transfers. For quick transfers between BRL and CAD, Panda Remit comes highly recommended.
Sending money from Brazil to Canada through Panda Remit has an average fee of 4 BRL.
To find the fastest company, we compared 4 money transfer providers for the overall speed of sending money from Brazil to Canada. This was made up of depositing Brazilian Real to a money transfer account and transfer times to Canada.
When looking for the fastest money transfer, Panda Remit is our best choice for sending into Canada from Brazil.
Sending a large amount of money?
Of the 4 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Brazil to Canada, it's a great provider for things like buying or selling property.
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Understanding the costs involved when moving money from Brazil to Canada
The total cost of money transfers to Canada from Brazil, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for BRL-CAD is 0.2488 CAD per Brazilian Real.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your Brazilian Reals.
On average for the last three months, the BRL-CAD mid-market rate has been 0.2391 CAD per Brazilian Real. This hit a high of 0.2492, and a low of 0.2341.
From the 4 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting BRL to CAD.
Fees: Some money transfers between Brazil and Canada will be subject to fees. Paysend has had an average fee of 0 BRL per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.
This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from Brazil.
How to find the best exchange rate for Brazilian Real to Canadian Dollar
Timing is essential for sending money between BRL and CAD. The exchange rate you secure impacts how much CAD you get for your BRL.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from BRL to CAD has seen some fluctuation. On average, it stood at 0.2391.
During this period, the highest value recorded was 0.2492, while the lowest was 0.2341.
Wise, which is our recommended service to send money online from Brazil to Canada offers an exchange rate that is only 0.89% above the mid-market rate.
Want to secure the best BRL-Canadian Dollar 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 Canada!
Paying for your Brazil to Canada transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Canada 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 Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to CAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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