Best way to send money to Brazil?

Knowledge Hub · Estrangeiros no Brasil

Traditional remittance options for sending money to Brazil are expensive:

• Bank wire transfer: US$25-50 charge + 2-5% spread + IOF
• Western Union/MoneyGram: 3-8% total cost
• PayPal: 3.5-4% spread + charges
• Wise: around 1.5% total cost (competitive but still adds up)

The hidden cost is always the exchange rate spread. Banks and remittance companies quote rates that are 2-5% worse than the real interbank rate, and this spread is where they make most of their money.

How OZAV solves this: OZAV offers near-interbank exchange rates for USD to BRL conversions, with settlement via PIX (instant) or bank transfer. The total cost is typically under 1% — making it one of the most efficient ways to send money to Brazil from the US, Europe, or anywhere else. Funds arrive in the recipient's Brazilian bank account within minutes via PIX. Start at ozav.io.