Best option: Wise
We tested & reviewed 5 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 88.9% of Brazil to Philippines searches, and was the top rated company supporting money transfers between BRL and PHP.
For a great mix of cost, speed & features, transfer from Brazil to Philippine Peso using Wise.
How to compare deals on Brazil to Philippines money transfers
Understanding Brazil to Philippines money transfers
Comparing providers when sending money from Brazil to the Philippines is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Brazilian Real to Philippines. This ensures you will get the best options for your transfer to the Philippines 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 the Philippines.
Cheapest way to send money from Brazil to the Philippines: Panda Remit
Data collected for transfers between Brazil and the Philippines over the past six months shows that Panda Remit is 1.6% cheaper than the second-best option.
This cost combines an average exchange rate between the Brazilian Real and Philippine Peso that is 0.3% different to the mid-market rate and an average fee of 4* BRL.
*The most common fee applied to BRL-PHP by Panda Remit, based on data from the past six months.
Fastest way to send money to the Philippines from Brazil: Paysend.
In our comparison, we found Paysend to be the fastest way to send Brazilian Reals to Philippine Peso in 52.4% of transfers. For quick transfers between BRL and PHP, Paysend comes highly recommended.
Sending money from Brazil to the Philippines through Paysend has an average fee of 0 BRL.
To find the fastest company, we compared 5 money transfer providers for the overall speed of sending money from Brazil to the Philippines. This was made up of depositing Brazilian Real to a money transfer account and transfer times to the Philippines.
When looking for the fastest money transfer, Paysend is our best choice for sending into Philippines from Brazil.
Transfer a large sum of money
From 5 money transfer companies compared, Wise is the best option for large transfers from Brazil to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Brazil to the Philippines can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to the Philippines from Brazil because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Brazil to Philippines
The total cost of sending money to the Philippines from Brazil, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for BRL-PHP is 10.2025 PHP per Brazilian Real.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Brazilian Real.
The average BRL-PHP mid-market rate for the last three months has been 10.4579 PHP per Brazilian Real. This includes a high of 11.35, and low of 9.9059.
Out of the 5 companies compared, Paysend offers the best exchange rates.
The exchange rate you receive on converting BRL to PHP should be the biggest determining cost factor when transferring Brazilian Real to the Philippines.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Panda Remit, with a fee average of 4 BRL per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Philippine Peso eventually received in the Philippines.
A lower cost of sending from Brazil will result in more money received in the Philippines.
Finding the best exchange rate between Brazilian Real and Philippine Peso
Getting a strong exchange rate between BRL and PHP is essential. The exchange rate you secure impacts how much PHP 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 PHP has averaged 10.4579.
In this period there was a high of 11.35, and a low of 9.9059.
Wise, which is our recommended service to send money online from Brazil to Philippines offers an exchange rate with a mark up of 0% above the mid-market rate.
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Payment options for transfers from Brazil to Philippines
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Philippines 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 Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.