How to Send Money to Brazil
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.
Bank transfers between different banks aren't difficult, but can entail a waiting period of up to 5 business days with higher costs.
Another way of getting money to Brazil quickly is through a wire transfer. This gets the money to its destination quickly, but fees can be very high and there must be a corresponding bank to receive the wire transfer.
For people who send money to Brazil regularly, another way is through an ATM or pre-paid debit card.
Make sure you have a debit card that will ensure money can be withdrawn from a large network of ATMs in Brazil. If using an ATM card, make sure you trust that the recipient is not accessing funds without your permission. A pre-paid debit card is a safer way to ensure the recipient receives the exact amount of money intended.
In addition to these methods, online payment services such as ATM Cash are becoming a more popular way to send money to Brazil. The process moves the money quickly and the fees are relatively low. Online services allow you to send money 24/7 from your computer.
These are some of the safest and most efficient ways of sending 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.
Bank transfers between different banks aren't difficult, but can entail a waiting period of up to 5 business days with higher costs.
Another way of getting money to Brazil quickly is through a wire transfer. This gets the money to its destination quickly, but fees can be very high and there must be a corresponding bank to receive the wire transfer.
For people who send money to Brazil regularly, another way is through an ATM or pre-paid debit card.
Make sure you have a debit card that will ensure money can be withdrawn from a large network of ATMs in Brazil. If using an ATM card, make sure you trust that the recipient is not accessing funds without your permission. A pre-paid debit card is a safer way to ensure the recipient receives the exact amount of money intended.
In addition to these methods, online payment services such as ATM Cash are becoming a more popular way to send money to Brazil. The process moves the money quickly and the fees are relatively low. Online services allow you to send money 24/7 from your computer.
These are some of the safest and most efficient ways of sending money to Brazil.
About the Author:
Everything they never told you about money transfer Brazil revealed! For more insider tips and information be sure and check out send money to Brazil
posted by Credit Counseling at
2:14 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home