Companies for transfers from Brazil to India
"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."
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In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
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Our recommendation: Wise
We tested & reviewed 7 money transfer providers offering money transfers from Brazil to India, and Wise scored highly.
In total, Wise appeared in 88.9% of Brazil to India searches, and was the top rated company supporting transfers between BRL and INR.
For a great mix of cost, speed & features, we recommend making your Brazil to India transfer using Wise.
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How to compare deals on Brazil to India money transfers
Understanding Brazil to India money transfers
Comparing providers when sending money from Brazil to India is the easiest way to make a transfer at the best price.
We’ve compared 7 providers for sending Brazilian Real to India. This ensures you will get the best options for your transfer to India from Brazil.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Brazil to India.
Cheapest way to send money from Brazil to India: Panda Remit
Data collected for transfers between Brazil and India over the past six months shows that Panda Remit is -6.2% cheaper than the second-best option.
This cost combines an average exchange rate between the Brazilian Real and Indian Rupee that is 0.3% different to the mid-market rate and an average fee of 4* BRL.
*The most common fee applied to BRL-INR by Panda Remit, based on data from the past six months.
Fastest company to send money to India from Brazil: Wise.
Through our data, Wise was the quickest way to send money from Brazil to Indian Rupee 50% of the time.
Sending money through Wise to India from Brazil has an average fee of 158.86 BRL.
To understand who was the fastest, we tested Wise as part of 7 money transfer providers. Within this, we looked at the overall speed of sending money from Brazil to India. This was made up of transfer times to India after Brazilian Reals were added to a money transfer account.
When fast money transfers between Brazil and India are a priority, Wise is our recommended choice.
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Transferring large sums of money
Of the 7 money transfer companies tested, Wise is the strongest option for large transfers from Brazil to India.
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 India 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.
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Understanding the costs involved when moving money from Brazil to India
The total cost of sending money to India 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-INR is 15.2418 INR 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 Indian Rupee for your Brazilian Reals.
The BRL-INR mid-market rate over the last three months has seen the Brazilian Real worth an average 14.771 INR. Within this there has been a high of 15.3978, and a low of 12.686.
From 7 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 INR.
Fees: When sending money there may be additional fees. Panda Remit offers the lowest fee of the 7 providers tested, averaging 4 BRL per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Indian Rupee eventually received in India.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in India, means a better overall cost of sending money from Brazil.
Finding the best exchange rate between Brazilian Real and Indian Rupee
Getting a strong exchange rate between BRL and INR is essential. The exchange rate you secure impacts how much INR you get for your BRL.
It can pay to track rates, and keep on top of currency trends.
Over the past six months, the mid-market rate from BRL to INR has averaged 14.771.
In this period there was a high of 15.3978, and a low of 12.686.
Wise, which is our recommended service to send money online from Brazil to India offers an exchange rate with a mark up of -0.34% above the mid-market rate.
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Paying for your Brazil to India transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between India 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 India.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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