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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."
Overall best way: Panda Remit
We tested & reviewed 6 transfer providers, and Panda Remit scored highly.
In the last six months, Panda Remit appeared in 80% of Brazil to Nigeria searches, and was the top rated company supporting payments Brazil into Naira.
So for a great mix of cost, speed & features, make your Brazil to Nigeria transfer using Panda Remit.
How to compare deals on Brazil to Nigeria 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 Nigeria.
- 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 Naira and transferred to Nigeria.
Summary of recent searches
Understanding Brazil to Nigeria money transfers
Comparing providers when sending money from Brazil to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 6 providers for sending Brazilian Real to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Brazil.
We rate Panda Remit as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Brazil to Nigeria.
Cheapest way to send money to Nigeria from Brazil: Panda Remit
Data collected through our comparison over the past six months shows that Panda Remit is 0% cheaper than the second-best option.
The cost is made up of an average fee of 4* BRL and an exchange rate for buying Naira 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 Nigeria transfer, Panda Remit offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to BRL-NGN by Panda Remit, based on data from the past six months.
Fastest money transfers from Brazil to Nigeria: Panda Remit.
Through our comparison, we found Panda Remit to be the fastest option to transfer money from Brazil to Naira in 86.2% of instances.
Over the last six months, sending money from Brazil to Nigeria through Panda Remit have an average fee of 4 BRL.
Panda Remit was one of 6 money transfer providers we compared for overall speed of sending money from Brazil to Nigeria. This speed test included depositing Brazilian Reals to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Panda Remit is our best choice for sending from Brazil to Nigeria.
Transferring large sums of money
Of the 6 money transfer companies tested, Panda Remit is the strongest option for large transfers from Brazil to Nigeria.
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 Nigeria can become expensive through your bank or with the wrong provider.
Panda Remit 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 Nigeria from Brazil
The total cost of sending money to Nigeria 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-NGN is 252.6829 NGN 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 Naira for your Brazilian Reals.
The BRL-NGN mid-market rate over the last three months has seen the Brazilian Real worth an average 286.4457 NGN. Within this there has been a high of 307.9191, and a low of 251.4186.
From 6 companies compared, Panda Remit 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 NGN.
Fees: When sending money there may be additional fees. Panda Remit offers the lowest fee of the 6 providers tested, averaging 4 BRL per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Naira eventually received in Nigeria.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Nigeria, means a better overall cost of sending money from Brazil.
Finding the best exchange rate between Brazilian Real and Naira
Getting a strong exchange rate between BRL and NGN is essential. The exchange rate you secure impacts how much NGN 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 NGN has averaged 286.4457.
In this period there was a high of 307.9191, and a low of 251.4186.
Panda Remit, which is our recommended service to send money online from Brazil to Nigeria offers an exchange rate with a mark up of 0.3% above the mid-market rate.
Want to secure the best BRL-Naira 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 Nigeria!
Paying for your Brazil to Nigeria transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Brazil to Nigeria.
By using a money transfer company such as Panda Remit for transfers from Brazil to Nigeria, 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 6 we tested when sending BRL to Nigeria.
With an average fee of 4 BRL to send money from Brazil to Nigeria, Panda Remit offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Brazil to Nigeria 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 Nigeria.
Credit cards
For credit card transfers from Brazil to Nigeria, Wise is our top choice of the 6 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 Nigeria 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 Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
