EUR to BRL

About BRL and EUR

A significant number of people living in Brazil today are from Netherlands either in search of better opportunities, for studies and other good reasons. This explains why there is a need for money transfer services from Netherlands to Brazil. Moreover, freelance employees and business companions in Brazil are linked to employers and partners respectively, in Netherlands. Their relationship is based on cross-border payments.

It is therefore imperative that you make sure that you know the best options there are in this industry in order to make an effective delivery. ERIQ tells you all about this.

Best way to send money to Brazil from Netherlands 

As already stated, there are several means through which your money can reach its destination in Brazil if you send it from the Netherlands. 

• First and foremost, you may choose to use banks that are effective due to the high security they offer. They protect your money to maintain their integrity as well as protect your interests. Their only downside may be the high fees you have to pay and the transaction process that may take quite some time.




• You may also choose to use online money transfer services that are fast and revolutionary. Remember that online money transfer services can be the fastest way to send money from Netherlands to Brazil and can take a few seconds to complete. They ease up this whole process as they are reliable, convenient and likewise offer top-notch security. Examples of companies that are dominant in this field are Remitly as the best company so far offering good rates, TransferWise, Azimo and WorldRemit all offering competitive exchange rates. 




• Another way of sending money from Netherlands to Brazil is through In-Store service providers like Western Union and MoneyGram that are quick in transfer. Your recipient can receive his or her money instantly from one of their many pick-up locations or directly into their bank accounts depending on their preference.

Important factors to consider when sending money to Brazil from Netherlands

With many options presented at the table, you may be at loggerheads with yourself as to which one to choose. This is because everyone wants to make the most out of their transfer. Why go for an option that is expensive yet there is a cheaper one offering the same services? Some of the things to ask yourself before choosing a service provider are:

1. Transfer fees: Do they charge more or less than other companies? Do they charge a lower fee for large transactions or not? 




2. Transfer speeds: Will my money reach my recipient in time? Note that some companies offer slightly higher fees for urgent transactions hence you have to weigh your options and decide if you are willing to give up the extra fees.




3. BRL to EUR exchange rates: The foreign market is one dynamic storm where everything keeps on changing based on the presiding conditions of an area. The exchange rate is mostly affected. You should look at the exchange rates offered by different companies and compare them to the mid-market rate. More so, you should make sure that you are sending your money at a time when the economic and political situation of both states are good for business. 




4. Security: If you do not want to lose your money, then you should consider not being reckless by settling for any company. Choose a service provider like XE Money that guarantees that your money will reach Brazil without any interference.