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Brazil to Portugal money transfers compared

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.

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Companies for transfers from Brazil to Portugal

Sponsored - Online

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%

Overall best way: Wise

Wise is our recommended company for BRL to EUR transfers.

Wise scored the highest of the 3 money transfer companies supporting BRL to EUR transfers.

In total, Wise appeared in 100% of Brazil to Portugal searches.

For a great mix of cost, speed & features, we advise using Wise for your Brazil to Portugal transfer.

Screenshot

How to compare companies offering money transfers from Brazil to Portugal

Summary of recent searches

Top rated for transfers from Brazil to Portugal
Wise
Total number of BR - PT providers
3
Average cheapest fees & rate
Wise
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Wise
Best for debit card
Wise

Understanding Brazil to Portugal money transfers

1
Comparing providers

Comparing providers when sending money from Brazil to Portugal is the easiest way to make a transfer at the best price.

We’ve compared 3 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.

2
Get ahead of the Brazilian Real-Euro exchange rate
3
Choosing the right payment method
4
Financial regulators in Brazil and Portugal
5
Consider transfer limits
6
Receiving money in Portugal
7
Have your ID ready
8
Tax declarations

Cheapest way to send money from Brazil to Portugal: Wise

The combination of the lowest fees and best exchange rate is through Wise. This makes them our cheapest transfer service of the 3 compared for sending Brazilian Real to Portugal.

Our data shows, over the past six months, that Wise is 0.3% than the second-best option when sending via a bank transfer.

This measure includes an average fee of 1,997.46* BRL and a BRL-EUR exchange rate for international transfers that is 0.05% different to the mid-market rate.

Securing the best rates on a BRL to Portugal transfer can be done with Wise but you can always search for your specific amount.

*The most common fee applied by Wise when sending BRL-EUR, based on data from the past six months.

Screenshot

Fastest way to send money to Portugal from Brazil: Wise.

Of the 3 companies offering Brazil to Portugal, Wise is the quickest.

In our comparison, we found Wise to be the fastest way to send Brazilian Reals to Euro in 68.2% of transfers. For quick transfers between BRL and EUR, Wise comes highly recommended.

Sending money from Brazil to Portugal through Wise has an average fee of 1,025.13 BRL.

To find the fastest company, we compared 3 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.

Screenshot

Transferring large sums of money

For transfers of larger amounts of Euros to Portugal picking a provider with a competitive exchange rate and hands on management can make a huge difference.

Of the
3 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 0.1681 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 three months has seen the Brazilian Real worth an average 0.1615 EUR. Within this there has been a high of 0.1711, and a low of 0.1504.

From 3 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. Wise offers the lowest fee of the 3 providers tested, averaging 1,997.46 BRL per transfer over the last 6 months.

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.

Mid-market Rate
1 
=
0.168128 
EUR

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 EUR has averaged 0.1615.

  • In this period there was a high of 0.1711, and a low of 0.1504.

  • Wise, which is our recommended service to send money online from Brazil to Portugal offers an exchange rate with a mark up of 0.06% 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 3 we tested when sending BRL to Portugal.

    With an average fee of BRL1,448.67 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 Wise.


    Wise is a leader in card payments for transfers from Brazil to Portugal, competing among a total of 3 active money transfer companies on this route.

  • Credit cards

    When it comes to transferring money with a credit card from Brazil to Portugal, emerges as our top choice of the 3 companies offering this service.

    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 document.

Money transfer company reviews

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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?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.