Because banks shouldn't hide your money in spreads.
We expose the real cost of every transfer — the spread, the fees, the delivery time — and rank providers by what actually lands in your recipient's account. No sponsored ordering. Ever.
Sending $1,000 to Brazil
Hover any card to see exactly what it costs you.
7-Day Exchange Rate History
vs Traditional Banks
You save up to $75
on a AUD 1,000 transfer
Wise
BEST RATEBank of America
+5% markup + $35 wire fee
Wells Fargo
+4.5% markup + $25 wire fee
Sending AUD to BRL is faster and cheaper than ever — but only if you skip the big four banks. Digital providers like Wise and Remitly beat bank rates by 3-8%, and Brazil's PIX system means recipients often get the money the same day.
Our verdict: Use Wise for transfers above AUD 1,000 and always compare the final BRL amount landed — not the advertised fee.
The AUD to BRL Corridor: Who's Sending and Why
The Australia-to-Brazil route is smaller than the US or Europe corridors, but it's growing fast. Most senders fall into three buckets: Brazilian expats in Sydney and Melbourne supporting family back home, Australian retirees funding lifestyles in Florianópolis or Rio, and small importers paying suppliers in São Paulo. Whatever your reason, the rules of the game are the same — and most people overpay by getting them wrong.
The Two Fees You Need to Spot
Every transfer has two costs: the flat fee and the exchange rate markup. The flat fee is obvious — it's the AUD 5 or AUD 15 the provider charges upfront. The markup is sneakier. It's the gap between the mid-market rate (what you see on Google) and the rate the provider actually gives you. A bank might wave a "no fee" promotion at you while quietly skimming 4% on the rate. On a AUD 5,000 transfer, that's AUD 200 vanishing into thin air.
Always compare the final BRL amount that lands in the recipient's account, not the headline fee. If a provider won't show you the mid-market rate alongside their offer, walk away.
Digital Providers vs the Big Four Banks
Commonwealth Bank, Westpac, ANZ, and NAB will all happily send AUD to Brazil — and charge you 3-8% above the mid-market rate for the privilege. Digital specialists obliterate them on price.
- Wise uses the real mid-market rate and charges a transparent fee around 0.5-0.7%. Best for most senders, especially amounts above AUD 1,000.
- Remitly offers two tiers — Express (instant, slightly worse rate) and Economy (3-5 days, better rate). Strong for first-time senders thanks to promotional rates.
- WorldRemit sits between the two, with solid coverage of Brazilian banks and reliable delivery times.
- Revolut is the cheapest option for small, frequent transfers if you have a paid plan — but watch the weekend markup of around 1%.
How Brazil's Payment System Changes the Game
This corridor is uniquely fast on the receiving end. Brazil's PIX instant payment system, launched by the central bank in 2020, enables round-the-clock bank-to-bank transfers that settle in under 10 seconds — including weekends and holidays. Most digital providers now route AUD-to-BRL transfers through PIX once funds clear in Brazil, meaning your recipient often has the money the same day you send it.
Delivery to the two largest receiving banks — Itaú Unibanco and Bradesco — is supported by virtually every reputable digital provider. Smaller banks and digital wallets like Nubank and Inter are also covered, but Itaú and Bradesco tend to clear fastest.
The IOF Tax Nobody Warns You About
Here's the catch every first-time sender misses: Brazil levies IOF (Imposto sobre Operações Financeiras) at 0.38% on most incoming international transfers. It's not a fee your provider invents — it's a federal tax, and it's automatic. Factor it into your calculation. On a AUD 10,000 transfer, that's roughly AUD 38 you'll never see again, regardless of which provider you choose.
Speed: When to Pay for Express
If your recipient needs the money for rent, medical bills, or a closing date — pay for the Express option. Wise and Remitly typically deliver same-day or within hours. For non-urgent transfers like recurring family support, choose Economy. You'll save 0.3-0.5% on the rate, and the money still lands within 2-4 business days.
Practical Tips to Stretch Your Dollars
- Time it right. AUD/BRL tends to move on Brazilian central bank decisions and Australian commodity news. Set rate alerts on Wise or Revolut and pull the trigger when the rate spikes in your favour.
- Watch amount thresholds. Many providers drop their percentage fee above AUD 5,000 or AUD 10,000. Bundling two months of support into one transfer often beats sending monthly.
- Avoid weekends. Some providers add a 0.5-1% markup outside Sydney market hours. Tuesday to Thursday mornings usually deliver the cleanest rates.
- Verify the recipient's CPF. Brazilian banks reject transfers with mismatched names or missing CPF (tax ID) details. Get this right the first time.
Bottom line: skip the bank, compare the landed BRL amount, and remember the 0.38% IOF is on top of whatever your provider charges.
Frequently Asked Questions
What is the best AUD to BRL exchange rate?
Wise consistently offers the closest rate to the mid-market benchmark, typically within 0.5%. Revolut can match it for paid-plan users on weekdays, but adds a markup on weekends.
How long does it take to send money from Australia to Brazil?
Express transfers via Wise or Remitly usually arrive same-day, since Brazil's PIX system settles bank-to-bank payments in under 10 seconds once funds clear locally. Economy options take 2-4 business days but offer slightly better rates.
What are the fees for sending money from Australia to Brazil?
Digital providers charge 0.5-1% in combined fees and markup, while traditional banks charge 3-8%. Brazil also applies a mandatory 0.38% IOF tax on incoming transfers, regardless of provider.
Is it safe to use online money transfer services?
Yes — providers like Wise, Remitly, Revolut, and WorldRemit are regulated by AUSTRAC in Australia and partner with licensed Brazilian banks like Itaú and Bradesco. Always verify the provider's licensing before sending large amounts.