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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Brazil to Canada searches, and was the top rated company out of 3 that support BRL to CAD.
So for a great mix of cost, speed & features, make your Brazil to Canada transfer using Wise.
How to get the best deal on your Brazil to Canada transfer
Summary of recent searches
Important things to consider before sending money from Brazil to Canada
Don't settle for the first option. Always compare ways to send money from Brazil to Canada to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Brazil and Canada.
Through this, you get a comprehensive view of all the options you have in Brazil when you need to send money to Canada.
Cheapest way to send money to Canada from Brazil: Wise
Data collected over the past six months show that Wise is 0.6% cheaper than the second-best option.
The R$116.19 transfer cost represents the most common fee for BRL to CAD international transfers, based on data from the past six months.
If you want to secure the best rates on a BRL to Canada transfer, make sure you pick Wise to send your money online.
*The most common fee applied to BRL-CAD by Wise, based on data from the past six months.
Fastest way to send money from Brazil to Canada: Wise
Our data shows that Wise came up as the fastest way to send money from Brazil to Canada in 85% of searches. This makes them well suited to urgent BRL to CAD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Brazil to Canada - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Canada from Brazil in 85% 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 BRL from Brazil to Canada, it’s the provider that will keep you safe and relaxed while your money moves into CAD.
Understanding the costs involved when moving money from Brazil to Canada
When calculating the costs of money transfers between Brazil and Canada, here's what really matters:
The Mid-Market Rate: Today, the BRL-CAD mid-market rate equals to 0.263823 CAD per Brazilian Real. Keep in mind that this rate fluctuates all the time.
The BRL-CAD average exchange rate of the past three months has been 0.2728 CAD per Brazilian Real, with a high of 0.282 and a low of 0.27.
Fees and Markups: That's where Global66 shines, combining the best of both worlds: excellent BRL to CAD rates that are only -178.99% away from the average.
How to find the best exchange rate for Brazilian Real to Canadian Dollar
Timing is essential 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 0.2728.
During this period, the highest value recorded was 0.282, while the lowest was 0.27.
Wise, which is our recommended service to send money online from Brazil to Canada offers an exchange rate that is only -0.02% above the mid-market rate.
Want to secure the best BRL-Canadian Dollar exchange rates?
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Payment methods available to fund your Brazil to Canada transfer
Bank transfers
Bank transfers are often the default option for sending money from Brazil to Canada.
By using a money transfer company such as Wise for transfers from Brazil to Canada, 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 3 we tested when sending BRL to Canada.
With an average fee of BRL116.19 to send money from Brazil to Canada, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Brazil to Canada with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Brazil to Canada, competing among a total of 3 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from Brazil to Canada, Wise emerges as our top choice of the 3 companies offering this service.
Our comparison engine's last six months of data on BRL to CAD searches show Wise has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
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.
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.
Money transfer company reviews
