Frequently Asked Questions

• What's the cheapest way to send money from Canada to Brazil?

  The cheapest way to send money from Canada to Brazil is through an online provider. Among the 10 available, Remitly was most often the cheapest provider (in 69.2% of the searches on Monito.com in the past 3 months).

• What are the best providers to send money from Canada to Brazil?

  Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:

  • Remitly (cheapest in 69.2% of the searches)
  • Instarem (cheapest in 21.4% of the searches)
  • MoneyGram (cheapest in 9.3% of the searches)
• How much does it cost to send money from Canada to Brazil?

  If you send money with the cheapest available provider, the total cost of a CAD-BRL transfer was -0.9% of the transfer amount (including all fees and exchange rates) over the past month.

  In contrast, the cost of the most expensive option was 7.5%.

• Is Western Union a good option for sending money from Canada to Brazil?

  Western Union is a popular provider, with the biggest agent location network. The average cost of online money transfers from Canada to Brazil with Western Union* is 2.6% of the amount you send, whereas the cheapest online services have an average cost of -0.9%.
  
  Remitly is the provider that is most often the cheapest for money transfers to a cash pick-up location in Brazil.
  
  *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

• What's the cheapest provider to send money from Canada to a cash pick-up location in Brazil?

  Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in Brazil was Remitly, with an average cost of -0.4% of the amount you send (includes fees + exchange rate margin).
  
  The average total cost to send to a bank account rather than to a pick-up location during the same period was -0.9%. Remitly was the provider most often the cheapest for transfers to bank accounts in Brazil.

• What is the fastest option to send money from Canada to Brazil

  The provider that was most often the fastest provider in comparisons of the past 30 days was Remitly (average fastest transfer time: In minutes)