Compare 12 results
Monito compares 10 different options available for sending money to Brazil from Italy.
If your recipient wants to receive Brazilian reales in his bank account in Brazil, then the most competitive provider at the moment is Remitly, with zero transfer fees and a good EUR-BRL conversion rate (current rate: 1 EUR = 6.45 BRL).
If the beneficiary of your transfer wants to receive Brazilian reales in cash at an agent location in Brazil, then Remitly is currently the cheapest provider with no transfer fees and a good EUR-BRL exchange rate (currently at 1 EUR = 6.45 BRL).
Adding the fees and exchange rate margin, the total cost for a cash transfer with Remitly is -2.56 EUR, but the total cost would be 4.53 EUR if you chose to use Small World to make the same transfer with cash pick-up as the pay-out option.
This recommendation was updated a few minutes ago.
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Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Monito is not a money transfer company. We’re here to help you find the best way to send money to Brazil.
To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.