How can I make business transfer to Brazil?
Choose a transfer option that offers both business and personal transfers like Remitly and TransferWise. Service providers like Xoom only offer personal transfer to friends and family.
EUR to BRL
Send money from Germany to Brazil at Best rates
Highest remittance rate for converting 1 EUR to BRL = 5.26
Best Way to Send money from Germany to Brazil
You do not require much today when sending money from Germany to Brazil. All you need are a couple of documents, a good international transfer service provider and you are good to go. The only hindrance comes in the long processes or the extortionate fees charged by some transfer options.
However, using reliable sources like Exchange Rate IQ, you can avoid such by getting to choose a service provider having known its background information.
About EUR and BRL
You may be sceptical about how you can send your money to Brazil from Germany easily. You may have come across different options that can make it even harder for you to choose one. The problem is not in your decision-making skills, it is simply a lack of information on what to consider when choosing a good service provider.
Here at ERIQ, we want to put everything out in the open so that the next time you have options presented to you on the table, you can easily pick one without having to sweat.
Trustpilot reviews:
62714
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Trustpilot reviews:
42272
Pay-In
Pay-Out
You Pay (Includes Fee € 4.99)
€ 504.99
Receiving Amount
R$ 2655
Realized Exchange Rate
5.26
remitly EUR to BRL Exchange Rate
5.31
Pay-In
Pay-Out
You Pay (Includes Fee € 7.43)
€ 500
Receiving Amount
R$ 2609.2418
Realized Exchange Rate
5.14
transferwise EUR to BRL Exchange Rate
5.2972
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The best way to send money from Germany to Brazil
Thanks to advancement in all sectors of technology today, many services have been made easier and faster. The foreign exchange remittance industry has for sure not been left out. Better ways of sending money overseas have been invented, beating the old and non-competitive ways.
It is easy to think that you are using the best transfer option to make your remittances, but have you checked to ensure that there are no other better ways? Fortunately enough for you, we make it quicker for you to hit it big when it comes to finding the best service provider by giving you information about them. In no time, you will learn about service providers like XE Money and how they transform the foreign exchange market.
Some of the other money transfer options include:
Digital money transfer companies: Such include the likes of Remitly, WorldRemit and TransferWise that are our three top recommended money remittance companies when sending money from Germany to Brazil. Other online money transfer companies that also do a trustworthy and credible job are Xoom and Azimo.
Direct cash transfer service providers: You can never go wrong with these service providers when it comes to sending your money from Germany to Brazil. Your recipient in Brazil can collect his or her money from their various pick-up locations and agents that are well-distrusted worldwide. Examples of such exemplary service providers are Skrill, Travelex, XendPay, Western Union and MoneyGram.
4 things to consider before sending money to Brazil from Germany
- Convenience and availability: Most service providers like Remitly and TransferWise have interactive platforms in the form of apps where you can send money directly from. They are therefore more convenient than other options like banks where you have to avail yourself and make long lines awaiting tedious transaction processes.
- ExchangeRate: Be enlightened on both the political and economic state of the country you want to send your money to. Only then will you determine the best time when the exchange rate margin is low to send your money to Brazil. Secondly, make sure that you check on the rates offered by all transfer options and pick the most affordable if you wish to find the cheapest way to send money from Germany to Brazil.
- Payment method: The mode through which your recipient can receive his or her money matters. If they wish to pick their money via the bank or as direct cash, then choosing a service provider that offers the same will be appropriate. Good thing most international money transfer companies today offer multiple payout options.
- Safety: A trusted service provider is better than a new to the market service provider that offers better rates. Why save little only to lose all?
Send Money With
Or You Can Choose Other Options
Best Money Transfer Rate EUR to BRL
| Company Name | Live Exchange Rate |
|---|---|
| XE Money Transfer | R$ 5.32 |
| Remitly | R$ 5.31 |
| Transferwise | R$ 5.3 |
