There are different ways to send money to Brazil. One of these is through having a relationship with an American bank that also has a presence in Brazil.
If the recipient of the funds has an account with one of these banks, it might be a good idea to open an account locally with the same bank, as money being sent between accounts within the same bank is often processed quickly and at little or no cost.
Transfers between two banks are also pretty easy, but can take much longer with substantially higher costs.
Through banks, you can also initiate wire transfers to Brazil. A wire transfer gets the money to its destination quickly, but there needs to be a corresponding bank to receive the wire transfer. Fees can be very high for international wire transfers, but if the money needs to arrive quickly, this is a viable option.
Yet another way to send money regularly to Brazil is through an ATM or pre-paid debit card. This is not the best method in case of an emergency as it takes time for the card to be sent to the person receiving the funds.
The money can be withdrawn from a large network of ATMs in Brazil if the debit card has the PLUS or CIRRUS logo on the back. Only use an ATM card if you trust that the cardholder is not accessing funds without authorization. A pre-paid debit card is a more secure way of sending the exact amount of money intended for the recipient.
In addition, online payment services such as ATM Cash are a popular way to get money to Brazil quickly. Online services allow you to send money 24/7 from your computer and for a less amount of money.
The above are the most inexpensive, safest way to send money to Brazil
If the recipient of the funds has an account with one of these banks, it might be a good idea to open an account locally with the same bank, as money being sent between accounts within the same bank is often processed quickly and at little or no cost.
Transfers between two banks are also pretty easy, but can take much longer with substantially higher costs.
Through banks, you can also initiate wire transfers to Brazil. A wire transfer gets the money to its destination quickly, but there needs to be a corresponding bank to receive the wire transfer. Fees can be very high for international wire transfers, but if the money needs to arrive quickly, this is a viable option.
Yet another way to send money regularly to Brazil is through an ATM or pre-paid debit card. This is not the best method in case of an emergency as it takes time for the card to be sent to the person receiving the funds.
The money can be withdrawn from a large network of ATMs in Brazil if the debit card has the PLUS or CIRRUS logo on the back. Only use an ATM card if you trust that the cardholder is not accessing funds without authorization. A pre-paid debit card is a more secure way of sending the exact amount of money intended for the recipient.
In addition, online payment services such as ATM Cash are a popular way to get money to Brazil quickly. Online services allow you to send money 24/7 from your computer and for a less amount of money.
The above are the most inexpensive, safest way to send money to Brazil
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The gurus hate it when their personal secrets about Brazil remittance get exposed! Now they're fuming mad about this site send money to Brazil and trying to shut it down.
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