How to send money to Portugal from Brazil with the best BRL-EUR rate
Compare the best deals on sending money from Brazil to Portugal. Get insights on the cheapest, fastest, and most reliable providers with the best BRL to EUR exchange rates.
Read on for the insights, analysis, and all you need to know about money transfers to Portugal from Brazil.
"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."
"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."
Overall best way: Wise
Wise scored the highest of the 2 money transfer companies supporting BRL to EUR transfers.
For example, sending 40,000 BRL to EUR will cost you R$1655.45 in fees, and the recipient will get 5,924.62 EUR. The delivery time is same day.
For a great mix of cost, speed & features, we suggest trying Wise for your Brazil to Portugal transfer.
How to compare companies offering money transfers from Brazil to Portugal
Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from Brazil to Portugal. This ensures the best price.
Choose a provider
Select the company that offers you the best value & options for sending to Portugal.
Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from Brazil to your chosen country & currency.
Summary of recent searches
Understanding Brazil to Portugal money transfers
Comparing providers when sending money from Brazil to Portugal is the easiest way to make a transfer at the best price.
We’ve compared 2 providers for sending Brazilian Real to Portugal. This ensures you will get the best options for your transfer to Portugal 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 Portugal.
Cheapest way to send money from Brazil to Portugal: Paysend
Our data shows, over the past week, that Paysend is 1.96% than the second-best option when sending via a bank transfer.
This measure includes a fee of 0 BRL and a BRL-EUR exchange rate for international transfers that is 2.24% different to the mid-market rate.
Securing the best rates on a BRL to Portugal transfer can be done with Paysend but you can always search for your specific amount.
Fastest way to send money to Portugal from Brazil: Wise.
If you send R$40,000 with Wise to Portugal, the transfer time is same day. This is currently the fastest option, but can vary depending on how much BRL you send to Portugal.
Sending money from Brazil to Portugal through Wise has a fee of 1655.45 BRL.
To find the fastest company, we compared 2 money transfer providers for the overall speed of sending money from Brazil to Portugal. This was made up of depositing Brazilian Real to a money transfer account and transfer times to Portugal.
When looking for the fastest money transfer, Wise is our best choice for sending into Portugal from Brazil.
Transferring large sums of money
Of the 2 money transfer companies tested, Wise is the strongest option for large transfers from Brazil to Portugal.
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 Portugal 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 Portugal from Brazil
The total cost of sending money to Portugal 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-EUR is 0.1541 EUR 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 Euro for your Brazilian Reals.
The BRL-EUR mid-market rate over the last 7 days has seen the Brazilian Real worth an average 0.156 EUR. Within this there has been a high of 0.1572, and a low of 0.1542.
From 2 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 EUR.
Fees: When sending money there may be additional fees. Paysend offers the lowest fee of the 2 providers tested, costing 0 BRL per transfer (based on R$40,000 transferred).
Amount Received: When comparing providers, the best measure is the amount of Euro eventually received in Portugal.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Portugal, means a better overall cost of sending money from Brazil.
Finding the best exchange rate between Brazilian Real and Euro
Getting a strong exchange rate between BRL and EUR is essential. The exchange rate you secure impacts how much EUR you get for your BRL.
It can pay to track rates, and keep on top of currency trends.
In the past 7 days, the mid-market rate from BRL to EUR has averaged 0.156.
In this period there was a high of 0.1572, and a low of 0.1542.
Wise, which is our recommended service to send money online from Brazil to Portugal offers 0.1545 EUR per BRL which is only 0.01% above the mid-market rate.
Want to secure the best BRL-Euro exchange rates?
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Payment methods available to fund your Brazil to Portugal transfer
Bank transfers
Bank transfers are often the better option for money transfers from Brazil to Portugal.
Sending money via a bank transfer with a company such as Wise for transfers from Brazil to Portugal allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 2 we tested when sending BRL to Portugal.
With a fee of BRL1655.45 to send money from Brazil to Portugal, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Brazil to Portugal with a prepaid or a debit card is very simple with Paysend.
Paysend is a leader in card payments for transfers from Brazil to Portugal, competing among a total of 2 active money transfer companies on this route.
Credit cards
We recommend avoiding credit card deposits as it usually means taking a cash advance and using it for the deposit. Instead, use a bank transfer or a debit card deposit to save on fees.
If you have to, we to find the best deal for your transfer.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Portugal 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 Portugal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BRL to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from Brazil
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Can I send money from Brazil to Portugal with MoneyTransfers.com?
What are the typical transfer fees for sending Brazilian Reals to Portugal through various providers?
How long does it take to send money from Brazil to Portugal?
What is the best exchange rate I can get for sending money from Brazil to Portugal?
Are there any minimum or maximum transfer amounts for sending money from Brazil to Portugal?
Can I schedule regular transfers between Brazil and Portugal?
Tools & resources
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