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"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."
"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."
"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."
Our recommendation: Wise
We tested & reviewed 4 money transfer providers offering money transfers from Brazil to Mexico, and Wise scored highly.
In total, Wise appeared in 84.6% of Brazil to Mexico searches, and was the top rated company supporting transfers between BRL and MXN.
For a great mix of cost, speed & features, we recommend making your Brazil to Mexico transfer using Wise.
How to compare deals on Brazil to Mexico 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 Mexico.
- 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 Mexican Peso and transferred to Mexico.
Summary of recent searches
Understanding Brazil to Mexico money transfers
Comparing providers when sending money from Brazil to Mexico is the easiest way to make a transfer at the best price.
We’ve compared 4 providers for sending Brazilian Real to Mexico. This ensures you will get the best options for your transfer to Mexico 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 Mexico.
Cheapest way to transfer money to Mexico from Brazil: Wise
Of the 4 providers compared, data shows that Wise is 0% cheaper than the second-best option.
The is cost is made up of an average BRL-MXN exchange rate that is 0% different to the mid-market rate and an average fee of 0* BRL.
If you want to secure the best rates on a BRL to Mexico transfer, Wise will result in the most Mexican Peso received.
*The most common fee applied to BRL-MXN by Wise, based on data from the past six months.
Fastest way to send money to Mexico from Brazil: Paysend.
In our comparison, we found Paysend to be the fastest way to send Brazilian Reals to Mexican Peso in 84.6% of transfers. For quick transfers between BRL and MXN, Paysend comes highly recommended.
Sending money from Brazil to Mexico through Paysend has an average fee of 0 BRL.
To find the fastest company, we compared 4 money transfer providers for the overall speed of sending money from Brazil to Mexico. This was made up of depositing Brazilian Real to a money transfer account and transfer times to Mexico.
When looking for the fastest money transfer, Paysend is our best choice for sending into Mexico from Brazil.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of 4 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Mexico from Brazil has the potential to be very expensive.
Wise is our choice for big transfers to BRL because of all round price, speed and management when making large transfers.
Understanding the cost of money transfers to Mexico from Brazil
The total cost of sending money to Mexico 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-MXN is 3.3327 MXN 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 Mexican Peso for your Brazilian Reals.
The BRL-MXN mid-market rate over the last three months has seen the Brazilian Real worth an average 3.4137 MXN. Within this there has been a high of 3.5733, and a low of 3.2159.
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 MXN.
Fees: When sending money there may be additional fees. Paysend offers the lowest fee of the 4 providers tested, averaging 0 BRL per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Mexican Peso eventually received in Mexico.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Mexico, means a better overall cost of sending money from Brazil.
How to find the best exchange rate for Brazilian Real to Mexican Peso
Timing is essential for sending money between BRL and MXN. The exchange rate you secure impacts how much MXN you get for your BRL.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from BRL to MXN has seen some fluctuation. On average, it stood at 3.4137.
During this period, the highest value recorded was 3.5733, while the lowest was 3.2159.
Wise, which is our recommended service to send money online from Brazil to Mexico offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best BRL-Mexican Peso 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 Mexico!
Paying for your Brazil to Mexico transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Brazil to Mexico.
By using a money transfer company such as Wise for transfers from Brazil to Mexico, 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, Wise is the cheapest provider for bank transfers from the 4 we tested when sending BRL to Mexico.
With an average fee of 15.3 BRL to send money from Brazil to Mexico, Wise offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Brazil to Mexico with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Brazil to Mexico.
Credit cards
For credit card transfers from Brazil to Mexico, Wise is our top choice of the 4 companies offering this payment method.
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 Mexico 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 Mexico.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to MXN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
