Send Money to Brazil

OFX
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Moneycorp
Margin Rate: 0.50%
Minimum Transfer: 250
Transaction Fees: £0
FCA Regualted: FCA Regulated
TorFX
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
VoltrexFX
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Currencies Direct
Margin Rate: 0.7%
Minimum Transfer: £500
Transaction Fees: £0
FCA Regualted: FCA Regulated

Countries in Brazil

About Brazil
Capital city: Brasília
Currency: Brazilian Real (BRL)
Local time: GMT - 2 / - 5
Telephone code: 55

Currency rules

The Currency

Brazilian Real - (BRL)

The current Brazilian Real replaced the 'short-lived' Cruzeiro Real (CR$) as the accepted form of currency in Brazil in 1994. The new Brazilian Real was brought in as part of a monetary reform package to help stabilize the Brazilian economy. When launched in 1994, the Real was at a fixed 1:1 rate with the USD, but has since fluctuated over the years and now sits at BRL 2.00 to USD 1.00.

Currency Export regulations:

No restrictions up to BRL 10,000. - or equivalent.

Amounts higher than BRL 10,000. - or equivalent: must be declared.

Currency Import regulations:

Same as export!

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