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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."
"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 top choice: Wise
Of the 8 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 97% of searches for transfers between Brazil and Spain.
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 sending money from Brazil to Spain easy
Comparing the different providers offering services between Brazil and Spain, is the best way to send money with confidence.
The 8 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: Wise
The cost is a combination of an average fee of 539.92* BRL and an exchange rate for converting Brazilian Real to Euro that is 0.04% different to the mid-market rate.
On average, Wise is 0% cheaper than the second-best option.
We would recommend Wise for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to BRL-EUR by Wise, based on data from the past six months.
Fastest way to send money to Spain from Brazil: Paysend.
In our comparison, we found Paysend to be the fastest way to send Brazilian Reals to Euro in 70.7% of transfers. For quick transfers between BRL and EUR, Paysend comes highly recommended.
Sending money from Brazil to Spain through Paysend has an average fee of 0 BRL.
To find the fastest company, we compared 8 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, Paysend 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 8 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 0.1573 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 0.1643 EUR. Within this there has been a high of 0.1756, and a low of 0.1577.
From 8 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 8 providers tested, averaging 539.92 BRL per transfer over the last 6 months.
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.
Over the past six months, the mid-market rate from BRL to EUR has averaged 0.1643.
In this period there was a high of 0.1756, and a low of 0.1577.
Wise, which is our recommended service to send money online from Brazil to Spain offers an exchange rate with a mark up of 0% 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 8 we tested when sending BRL to Spain.
With an average fee of BRL377.82 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 Wise.
Wise is a market leader in debit card payments for transfers from Brazil to Spain, this is among a total of 8 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Brazil to Spain, Wise emerges as our top choice of the 8 companies offering this service.
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 document.
Money transfer company reviews
