"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."
Our recommendation: Wise
We tested & reviewed 4 money transfer providers offering money transfers from Brazil to Cuba, and Wise scored highly.
In total, Wise appeared in 100% of Brazil to Cuba searches, and was the top rated company supporting transfers between BRL and CUC.
For a great mix of cost, speed & features, we recommend making your Brazil to Cuba transfer using Wise.
Compare for the best deal on your Brazil to Cuba transfer
Considerations ahead of sending money from Brazil to Cuba
A comparison of providers offering services between Brazil and Cuba, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 4 providers that provide services for sending Brazilian Real to Cuba. This ensures you will get the best options for your transfer to Cuba 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 Cuba.
Cheapest way to send money to Cuba from Brazil: Wise
They offer an average fee of 206.43* BRL and exchange rate between BRL-CUC that is 0% different to the mid-market rate.
In comparison, Wise is 0% cheaper than the second-best option.
To secure affordable and great rates on a BRL to Cuba transfer, Wise is our recommended choice.
*The most common fee applied to BRL-CUC by Wise, based on data from the past six months.
Fastest way to send money to Cuba from Brazil: Wise.
In our comparison, we found Wise to be the fastest way to send Brazilian Reals to Peso Convertible in 99.5% of transfers. For quick transfers between BRL and CUC, Wise comes highly recommended.
Sending money from Brazil to Cuba through Wise has an average fee of 203.68 BRL.
To find the fastest company, we compared 4 money transfer providers for the overall speed of sending money from Brazil to Cuba. This was made up of depositing Brazilian Real to a money transfer account and transfer times to Cuba.
When looking for the fastest money transfer, Wise is our best choice for sending into Cuba from Brazil.
Transferring large sums of money
Of the 4 money transfer companies tested, Wise is the strongest option for large transfers from Brazil to Cuba.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Brazil to Cuba can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to BRL because they offer a strong all-round product.
Understanding the cost of money transfers to Cuba from Brazil
The total cost of sending money to Cuba from Brazil is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for BRL-CUC is 0.1628 CUC per Brazilian Real.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Peso Convertible for your Brazilian Reals.
The BRL-CUC mid-market rate over the last three months has seen the Brazilian Real worth an average 0.1806 CUC. Within this there has been a high of 0.1846, and a low of 0.1632.
From 4 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting BRL to CUC.
Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 4 providers tested, averaging 206.43 BRL per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Peso Convertible eventually received in Cuba.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Cuba, means a better overall cost of sending money from Brazil.
How to find the best exchange rate for Brazilian Real to Peso Convertible
Timing is essential for sending money between BRL and CUC. The exchange rate you secure impacts how much CUC you get for your BRL.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from BRL to CUC has seen some fluctuation. On average, it stood at 0.1806.
During this period, the highest value recorded was 0.1846, while the lowest was 0.1632.
Wise, which is our recommended service to send money online from Brazil to Cuba offers an exchange rate that is only -0.08% above the mid-market rate.
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Paying for your Brazil to Cuba transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Cuba 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 Cuba.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to CUC.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.