Send money to Brazil with Wyre money transfers | finder.com
Send money to Brazil with Wyre

Send money to Brazil with Wyre

If you need to transfer money to friends or family in Brazil, Wyre is one of the fastest options available.

Founded in 2013, Wyre provides international money transfers through the use of the blockchain, a digital wallet that publicly records transactions for bitcoin and other cryptocurrency as they’re made. It settles your transactions by acting as an intermediary between the US and Brazil. This means that your money arrives safely and quickly, leaving more cash for both you and your recipient.

Overview

  • Minimum transfer amount. No limit after signing up for a Wyre account.
  • Maximum transfer amount. No limit after signing up for a Wyre account.
  • Transfer methods. Back account transfers only to select countries.
  • Transfer options. One-off and scheduled payments.
  • Delivery speed. 6 to 24 hours, depending on receiving country.
  • Fees and exchange rates. Outside of any payment fees from local methods, Wyre charges $0 fees for finder.com readers.
  • Customer service options. Phone and email.

Wyre exchange rates and fee

Wyre doesn’t actually have a standard markup over mid-market rate. They typically use the blockchain rate, which is often better than the mid-market rate. Visit the site to instantly see the current exchanges rates.

Because Wyre is a partner of finder.com, you can send any amount of money for free by signing up through the link on this page.

Normally, its “cross-border” fee is a mere 0.25% of your transfer amount, in addition to any payment fees from the transaction method — a bargain compared with the 1% to 4% charged by competitors. Domestic transfers between Wyre user accounts are free.

How does Wyre compare to more well-known brands?

Wyre competes on speed and exchange rates, but there may be better options for your needs:

I want to send

to

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 0.809 EUR 4,047 Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 1 Within an hour USD 3.99 0.81 EUR 4,045 Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
USD 100 3 - 5 days USD 0.00 0.809 EUR 4,043 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site Show details
USD 1,000 1 day USD 0.00 0.806 EUR 4,028 Exclusive exchange rate discounts
No-maximum limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 1 3 - 5 days USD 50.00 0.812 EUR
4,020
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details

Compare up to 4 providers

Minimum transfer fees and available countries

After creating an account with Wyre, you can begin transferring money to select countries with no minimum or maximum.

At this time, Wyre offers full services to the US, Mexico, Brazil, China and Hong Kong only. It offers payout-only services to India and Canada.

And though it’s adding states to its business roster, you cannot use Wyre if you live in Wyoming, New York, Idaho, Oregon, Washington, North Dakota, South Dakota, Vermont, New Hampshire, Connecticut, Virginia, North Carolina and Georgia.

What types of transfers does Wyre support?

Transfer options vary by country, but US customers can send money to Brazil by bank account only using:

  • ACH bank transfers
  • Wire deposits

What is an ACH bank transfer?

The Automated Clearing House (ACH) is a network that moves money and information between bank accounts through direct deposits and payments. It processes more than $40 trillion each year and supports more than 90 percent of all electronic payments in the United States.

How do I send or receive money through Wyre?

To start using Wyre, you must sign up for an account. As it ramps up service, Wyre is manually onboarding new accounts. So to sign up for a Wyre account, you will need only:

  • Your full name
  • A valid email address
  • A phone number

You will receive a confirmation email when Wyre’s associates have completed creating your account.

Once you’ve scheduled a transfer with Wyre, you can track its progress through your Wyre account. Your recipient’s pickup method will depend on their country.

Benefits and drawbacks

Benefits

  • Global services. Wyre offers highly competitive transfers speeds of under 24 hours.
  • $0 domestic transfers. Domestic transfers between Wyre users are free.
  • Low fees. With strong exchange rates and a low 0.25% “cross-border” fee for international transfers, you’ll save big over banks and most competitors.
  • No minimum or maximum. Send as little or as much as you need to.
  • Schedule regular payments. Wyre allows for recurring payments to its select countries.

Drawbacks

  • Limited US service. You can’t use Wyre if you live in Wyoming, New York, Idaho, Oregon, Washington, North Dakota, South Dakota, Vermont, New Hampshire, Connecticut, Virginia, North Carolina or Georgia.
  • Limited countries. Wyre offers full service to the US, Mexico, Brazil, China and Hong Kong. It offers payout-only services to India and Canada.
  • Limited transfer options. Wyre accepts payment by bank account only.

To find a provider that’s better suited for your international money transfer needs, compare exchange rates, transfer fees and delivery speeds of other money transfer specialists.

Frequently asked questions

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US International Money Transfers Offers

Important Information*
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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