Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's BRL to EUR (Brazilian Real to Euro) exchange rates

Brazil
Italy
BRL

πŸ“ˆ Brazil to Italy Money Transfer Snapshot Today

  • Best BRL to EUR exchange rate today: EUR 0.1651, offered by Revolut
  • Number of money transfer providers compared: 3
  • Exchange rate range: EUR 0.1580 to EUR 0.1651
  • Potential savings on BRL 1000: EUR 7.10
  • Number of deals and promo codes: 1
  • Mid-marketβ“˜The mid-market exchange rate (also called the interbank rate) is the real BRL to EUR exchange rate before providers add their margin or fees. exchange rate: 1 BRL = EUR 0.1627 (Updated about an hour ago)

See detailed Brazil to Italy money transfer comparison below.

Money Transfer Providers that matched the search criteria

(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 BRL =
165.10 EUR
Transfer Limit (BRL): No Limits
Indicative Rate1 BRL = 0.1651 EUR
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 BRL =
163.30 EUR
Transfer Limit (BRL): 10 - 2500
Indicative Rate1 BRL = 0.1633 EUR

πŸ“’ Special exchange rate applied for first transfer
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 BRL =
158.00 EUR
Transfer Limit (BRL): 1 - 1000000
Locked-In Rate1 BRL = 0.1580 EUR

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





πŸ’‘What today's BRL-EUR exchange rates mean for you

Compare today's BRL-EUR exchange rates and send money from Brazil to Italy after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes β€” all in one place.

RemitFinder compared 3 providers that you can rely on for Brazil to Italy money transfers today. Here is a summary of how the competition looks like right now:

Today's Most Competitive Brazil to Italy Providers

πŸ₯‡ Revolut with 1 BRL = 0.1651 EUR (best BRL to EUR exchange rate today).

πŸ₯ˆ Panda Remit offering 1 BRL = 0.1633 EUR.

πŸ₯‰ Wise is also pricing BRL-EUR competitively today.

The exchange rate provided by these 3 providers ranges from EUR 0.1580 to EUR 0.1651. For a BRL 1000 money transfer from Brazil to Italy, that could mean up to EUR 7.10 saved on FX alone.

BRL-EUR exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final EUR payout that your recipient gets in Italy.

That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Brazil to Italy remittances.


πŸ”„ Looking for the reverse corridor? Send money from Italy to Brazil instead.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Brazil.



Latest BRL to EUR Conversion Rates

Here are some latest BRL to EUR (Brazilian Real to Euro) exchange rates for popular conversion amounts*.

1 BRL0.16 EUR
5 BRL0.81 EUR
10 BRL1.63 EUR
25 BRL4.07 EUR
50 BRL8.14 EUR
100 BRL16.27 EUR
150 BRL24.41 EUR
200 BRL32.54 EUR
250 BRL40.68 EUR
300 BRL48.81 EUR
400 BRL65.08 EUR
500 BRL81.35 EUR
600 BRL97.62 EUR
700 BRL113.89 EUR
800 BRL130.16 EUR
1000 BRL162.70 EUR
1500 BRL244.05 EUR
2000 BRL325.40 EUR
2500 BRL406.75 EUR
3000 BRL488.10 EUR
4000 BRL650.80 EUR
5000 BRL813.50 EUR
10000 BRL1,627.00 EUR
15000 BRL2,440.50 EUR
20000 BRL3,254.00 EUR
30000 BRL4,881.00 EUR
40000 BRL6,508.00 EUR
50000 BRL8,135.00 EUR
100000 BRL16,270.00 EUR

*Based on the Mid-market Exchange Rateβ“˜The mid-market exchange rate (also called the interbank rate) is the real BRL to EUR exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Brazil to Italy?

Sending money internationally to Italy from Brazil can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Brazilian Real to EUR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Italy. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.


How to get the best exchange rate for sending money from Brazil to Italy?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Italy from Brazil. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your BRL to Euro money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Brazil to Italy corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Brazil to Italy?

One of the most important things to watch out for is hidden fees when sending money to Italy from Brazil. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Italy using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Euro foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BRL to Italy exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Italy from Brazil.


Should I use my bank to send money from Brazil to Italy?

We do not recommend using your local bank in Brazil for your next BRL to EUR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Brazil to Italy (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending EUR to Italy. These companies will let you use your local bank account in Brazil to pay for your Italy money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Italy from Brazil?

It could be a stressful experience if you need to rush money quickly from Brazil to Italy. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert BRL to EUR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Euro. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Brazil to Italy money transfers.


Which are the best money transfer companies to send money from Brazil to Italy?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Brazil to Italy, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Brazilian Real to Euro exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your EUR money transfers to Italy. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Italy getting more money for every Brazilian Real you send.


Step by step guide to transfer money to Italy from Brazil

Follow the below easy steps to send money to Italy from Brazil.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Brazil bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Italy).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your BRL to EUR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.

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