How to send money to Spain from Brazil with the best BRL-EUR rate
Compare the best deals on transfers from Brazil to Spain. Explore the cheapest, fastest, and most reliable providers with the best BRL to EUR exchange rates.
Read on for the insights and in-depth analysis, and all you need to send money to Spain 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 top choice: Wise
Of the 2 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 40,000 BRL to EUR will cost you R$1655.45 in fees, and you will receive 5,913.88 EUR.
When sending money from Brazil to Spain, using Wise in a great option.
How to compare deals on Brazil to Spain 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 Spain.
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 Euro and transferred to Spain.
Summary of recent searches
Considerations to make when sending money from Brazil to Spain
Comparing the different providers offering services between Brazil and Spain, is the best way to send money with confidence.
The 2 providers we've compared ensures you will get the best options for your transfer to Spain from Brazil. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Brazilian Real to Spain.
Cheapest way to send money to Spain from Brazil: Paysend
The cost is a combination of a fee of 0 BRL and an exchange rate for converting Brazilian Real to Euro that is 2.25% different to the mid-market rate.
We found that Paysend is 1.95% cheaper than the second-best option.
We would recommend Paysend for low cost, affordable transfers from Euros to Spain.
Fastest way to send money to Spain from Brazil: Wise.
If you send R$40,000 with Wise to Spain, the transfer time is same day. This is currently the fastest option, but can vary depending on how much BRL you send to Spain.
Sending money from Brazil to Spain 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 Spain. This was made up of depositing Brazilian Real to a money transfer account and transfer times to Spain.
When looking for the fastest money transfer, Wise is our best choice for sending into Spain from Brazil.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 2 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Brazil to Spain can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to Spain from Brazil.
Understanding the cost of money transfers to Spain from Brazil
The total cost of sending money to Spain 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 0.1544 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 0.1564 EUR. Within this there has been a high of 0.1575, 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 Spain.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Spain, 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 0.1564.
In this period there was a high of 0.1575, and a low of 0.1542.
Wise, which is our recommended service to send money online from Brazil to Spain offers 0.1542 EUR per BRL which is only 0.02% above the mid-market rate.
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Payment methods for Brazil to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Brazil to Spain.
By opting for a money transfer company such as Wise for transfers from Brazil to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 2 we tested when sending BRL to Spain.
With a fee of BRL1655.45 to send money from Brazil to Spain, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Brazil to Spain is easy with Paysend.
Paysend is a market leader in debit card payments for transfers from Brazil to Spain, this is among a total of 2 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from Brazil to Spain, we to get the best deal as not many companies offer direct credit card deposits.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain 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 Spain.
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
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Can I send money from Brazil to Spain with MoneyTransfers.com?
What are the typical transfer fees for sending Brazilian Reals to Spain through various providers?
How long does it take to send money from Brazil to Spain?
What is the best exchange rate I can get for sending money from Brazil to Spain?
Are there any minimum or maximum transfer amounts for sending money from Brazil to Spain?
Can I schedule regular transfers between Brazil and Spain?
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