How to Send Money to Brazil
There are several ways to send money to Brazil from the United States. One of the easiest ways to send money is to have a relationship with a US bank that is well represented in Brazil.
If the recipient of the funds has an account with one of these banks, it might be a good idea to open an account locally with the same bank, as money being sent between accounts within the same bank is often processed quickly and at little or no cost.
Bank transfers between different banks aren't difficult, but can entail a waiting period of up to 5 business days with higher costs.
Another way of getting money to Brazil quickly is through a wire transfer. This gets the money to its destination quickly, but fees can be very high and there must be a corresponding bank to receive the wire transfer.
For people who send money to Brazil regularly, another way is through an ATM or pre-paid debit card.
Make sure you have a debit card that will ensure money can be withdrawn from a large network of ATMs in Brazil. If using an ATM card, make sure you trust that the recipient is not accessing funds without your permission. A pre-paid debit card is a safer way to ensure the recipient receives the exact amount of money intended.
In addition, online payment services such as ATM Cash are a popular way to get money to Brazil quickly. Online services allow you to send money 24/7 from your computer and for a less amount of money.
The above are the most inexpensive, safest way to send money to Brazil
If the recipient of the funds has an account with one of these banks, it might be a good idea to open an account locally with the same bank, as money being sent between accounts within the same bank is often processed quickly and at little or no cost.
Bank transfers between different banks aren't difficult, but can entail a waiting period of up to 5 business days with higher costs.
Another way of getting money to Brazil quickly is through a wire transfer. This gets the money to its destination quickly, but fees can be very high and there must be a corresponding bank to receive the wire transfer.
For people who send money to Brazil regularly, another way is through an ATM or pre-paid debit card.
Make sure you have a debit card that will ensure money can be withdrawn from a large network of ATMs in Brazil. If using an ATM card, make sure you trust that the recipient is not accessing funds without your permission. A pre-paid debit card is a safer way to ensure the recipient receives the exact amount of money intended.
In addition, online payment services such as ATM Cash are a popular way to get money to Brazil quickly. Online services allow you to send money 24/7 from your computer and for a less amount of money.
The above are the most inexpensive, safest way to send money to Brazil
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