How to send money to Canada from Brazil with the best BRL-CAD rate
Compare the best ways to send money from Brazil to Canada. Explore the fastest, cheapest, and most reliable providers with the best BRL to CAD exchange rates.
Read on for the best deals, expert information, and all you need to send money to Canada from Brazil.
"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."
"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."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Transferring 40,000 BRL to CAD will cost you R$1653.53 in fees, and you will receive 10,088.27 CAD. The delivery time is next day, but it depends on the day you make the transfer.
So for a great blend of cost, speed & features, make your Brazil to Canada transfer using Wise.
How to compare deals on Brazil to Canada 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 Canada.
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 Canadian Dollar and transferred to Canada.
Summary of recent searches
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 3 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 week shows that Panda Remit is 2.23% cheaper than the second-best option.
The cost is made up of a fee of 4 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.
Fastest way to send money to Canada from Brazil: Panda Remit.
If you send R$40,000 with Panda Remit to Canada, the transfer time is minutes - 24 hours. This is currently the fastest option, but can vary depending on how much BRL you send to Canada.
Sending money from Brazil to Canada through Panda Remit has a fee of 4 BRL.
To find the fastest company, we compared 3 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 3 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.
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 0.2626 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 week, the BRL-CAD mid-market rate has been 0.262 CAD per Brazilian Real. This hit a high of 0.2631, and a low of 0.2612.
From the 3 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. Panda Remit has a fee of 4 BRL based on a 40,000 BRL transfer.
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 week, the exchange rate from BRL to CAD has seen some fluctuation. On average, it stood at 0.262.
During this period, the highest value recorded was 0.2631, while the lowest was 0.2612.
Wise, which is our recommended service to send money online from Brazil to Canada offers an exchange rate that is only -0.01% 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
Bank transfers
Paying via a bank transfer is often the better option for sending money from Brazil to Canada.
By using a money transfer company such as Panda Remit for transfers from Brazil to Canada, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Panda Remit is the cheapest provider for bank transfers from the 3 we tested when sending BRL to Canada.
With a fee of 4 BRL to send money from Brazil to Canada, Panda Remit offers the best 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 easy with Paysend.
Paysend is a one of the better options in the market for international debit card transfers from Brazil to Canada.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, .
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
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 and review methodology.
Related transfer routes
Send money from Brazil
How much money can be transferred from Brazil to Canada?
Are there any tax implications to sending money from Brazil to Canada?
Can I send money from Brazil to Canada with MoneyTransfers.com?
What are the typical transfer fees for sending Brazilian Reals to Canada through various providers?
How long does it take to send money from Brazil to Canada?
What is the best exchange rate I can get for sending money from Brazil to Canada?
Are there any minimum or maximum transfer amounts for sending money from Brazil to Canada?
Can I schedule regular transfers between Brazil and Canada?
Tools & resources
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