Most payments that you make to Brazil via Moneycorp arrive within 1-2 working days, and you have the option of tracking your payments and viewing your full transaction history online. Large money transfers do not take longer to arrive than smaller transfers, which means that regardless of how much money you wish to send, we’ll ensure that your payment arrives on time.

We offer fee-free online international transfers to Brazil. You’ll benefit from our competitive exchange rates, and you’ll also receive access to a wide range of FX tools without having to worry about any additional costs. You will only incur online fees if you decide to automate your recurring payments with a Regular Payment Plan.

Over-the-phone transfers to Brazil cost a flat rate of £15, which makes Moneycorp an economical option for large money transfers.

You will need to provide the following information when sending money to a Brazilian bank account:

• The account holder’s full name and address
• The name of the recipient’s bank
• The receiving bank’s BIC/SWIFT number
• The recipient’s International Bank Account Number (IBAN)
• The recipient’s CPF number (Tax Registration Number)

Read our in-depth guides on IBANs and BIC/SWIFT codes for further information on the codes that are used to identify overseas bank accounts.

Every bank account within Brazil is assigned an IBAN. IBANs enable banks to identify and transfer money to foreign bank accounts. A Brazilian IBAN is a 29-character code that comprises the following:

• A Country Code (BR)
• A two-digit check number
• A Basic Bank Account Number (BBAN). This is made up of:
  • An eight-digit bank code
  • A five-digit branch code
  • A 10-digit bank account number
  • A one-letter code for the account type
  • A one-digit code for the account owner type

Written representation of a Brazilian IBAN:

BR97 0038 0502 0000 4000 9798 492C 1

There is a £100,000 upper limit on personal transfers that can be made through our online platform to Brazil. Transfers made over the phone, on the other hand, have no upper limit, and so you will need to contact your Moneycorp account manager by telephone in order to make larger payments from the UK to Brazil.

Moneycorp allows you to make payments to most well-known banks in Brazil, including but not limited to the following:

• Banco do Brasil
• Caixa Econômica Federal
• Banco Safra
• Banco Bradesco
• Central Bank of Brazil

If your bank is not included in this list, it does not necessarily mean that we’ll be unable to transfer your money. Speak with one of our specialists to find out how we can assist you.

At the beginning of 2023, the British Pound to Brazilian Real exchange rate was 6.47. As with all exchange rates, however, this rate is subject to constant change. Use our Currency Zone to stay up to date with the British Pound to Brazilian Real exchange rate.