Highest remittance rate for converting 1 EUR to BRL = 5.02
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.
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