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Need to send money to Brazil - BIC or SWIFT code Format

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Need to send money transfers to Brazil? The Real (R$ or BRL) = 100 centavos is the main currency in Brazil. Notes are in denominations of R$ 100, R$ 50, R$ 10, R$ 5 and R$ 1. Coins are in denominations of R$1, and 50, 25, 10, 5, 2 and 1 centavos.

Need to send money to Brazil?
The IBAN includes various codes, like your branch and account numbers, and is the standard system for sending payments across Europe. Brazil does not have IBAN data.(IBAN is in Europe only.) Brazil operates by BIC codes and can usually be found on your bank statement or other paperwork, along with your SWIFT code.

There are further technical details below, although the currency providers will take care of ensuring payment details are in the correct format before initiating any payments on your behalf.

  • Typical time for transfer to arrive? 1 to 2 working days when sent through Currency Broker

  • Brazilian Real bank charges? Usually, none, although we cannot guarantee this

Send money transfers to Brazil

Payment details needed?

  • Name and Address of Beneficiary.
  • Name and Address of Thai Bank.
  • Account Number.
  • BIC (Bank Identifier Code) or SWIFT code (optional) or other routing instructions.

The BIC (Bank Identifier Code) or SWIFT code are made up of 8 or 11 characters and should mirror the following format;


B = Bank Code (Only Letters).
C = Country Code ‘BG’ (Only Letters).
L = Location Code (Letters & Digits).
D = Branch Code Optional (‘XXX’ for Head Office – Letters & Digits).

Use our comparison website Send Money Home to see who can assist you in your currency exchange see which company ticks all the boxes when it comes to sending your money to Brazil. There are so many companies available but ensure you are getting the best currency exchange rate and are offering no money transfer fees over 50,000 to 100,000.

Brazil BIC or SWIFT code Format

Receiving and Sending money home to Brazil is easy just choose which company you want to use and complete the online application form. Once submitted you may need to provide confirmation of ID. This is standard and is a requirement for the Inland Revenue and the FSA to confirm who you are and to protect your money. Once your account is opened you can then confirm a currency rate and transfer funds. It all sounds like it will take time but in fact, in an account can be opened in 10 minutes if you have your passport and proof of ID with you.

Ensure you get the best rate, remember you are not the expert they are so asked as many questions as you need getting expert advice all the way.

All of the currency providers listed on Send Money Home Website have been carefully vetted by, All currency providers are regulated by the Financial Services Authority (FSA) and operate segregated client accounts. When you need to send money to Brazil consider using one of these companies and save money compared to using your high street bank.

Sending Money to Brazil?
When you click the ‘Open an Account / Get a Quick Quote’ button, you will be directed to the currency providers website where you need to open an account before you can send money to Brazil.

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