Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from BRAZIL to PERU

Data collected on: May 15, 2024-May 24, 2024
BRL | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (BRL)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Banco Rendimento
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
0.000.00
1.75
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
1.75
1.751.75
6.483.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.106.00
4.47
Percentage difference between market reference rate 0.73 and exchange rate charged 0.69
4.47
7.477.47
27.6414.94
B&T Associados Corretora de Cambio
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
11.166.03
5.90
Percentage difference between market reference rate 0.73 and exchange rate charged 0.68
5.90
8.928.92
33.0017.84
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.058.68
11.05
Percentage difference between market reference rate 0.73 and exchange rate charged 0.65
11.05
15.3915.39
56.9430.78
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.6111.14
1.82
Percentage difference between market reference rate 0.20 and exchange rate charged 0.19
1.82
7.397.39
27.3414.78
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
20.6111.14
1.82
Percentage difference between market reference rate 0.20 and exchange rate charged 0.19
1.82
7.397.39
27.3414.78
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.6111.14
2.86
Percentage difference between market reference rate 0.73 and exchange rate charged 0.70
2.86
8.438.43
31.1916.86
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
20.6111.14
2.86
Percentage difference between market reference rate 0.73 and exchange rate charged 0.70
2.86
8.438.43
31.1916.86
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.6111.14
2.86
Percentage difference between market reference rate 0.73 and exchange rate charged 0.70
2.86
8.438.43
31.1916.86
Total Average Second Quarter
8.188.18
Total Average First Quarter
6.496.49
Total Average
Fee
15.718.49
Exchange Rate Margin (%)
3.933.93
Total Cost Percent (%)
8.188.18
Total Cost (BRL) Total Cost (USD)
30.2616.35
Non-Transparent records
Bank account transfer Debit card Cash
Same day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Banco Rendimento
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
0.000.00
1.54
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
1.54
1.541.54
14.177.70
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
39.5021.47
1.82
Percentage difference between market reference rate 0.20 and exchange rate charged 0.19
1.82
6.116.11
56.2130.55
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
39.5021.47
1.82
Percentage difference between market reference rate 0.20 and exchange rate charged 0.19
1.82
6.116.11
56.2130.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
27.6015.00
4.47
Percentage difference between market reference rate 0.73 and exchange rate charged 0.69
4.47
7.477.47
68.7237.35
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
39.5021.47
2.86
Percentage difference between market reference rate 0.73 and exchange rate charged 0.70
2.86
7.157.15
65.7835.75
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
39.5021.47
2.86
Percentage difference between market reference rate 0.73 and exchange rate charged 0.70
2.86
7.157.15
65.7835.75
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
39.5021.47
2.86
Percentage difference between market reference rate 0.73 and exchange rate charged 0.70
2.86
7.157.15
65.7835.75
B&T Associados Corretora de Cambio
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
27.7215.07
5.90
Percentage difference between market reference rate 0.73 and exchange rate charged 0.68
5.90
8.918.91
81.9744.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
24.0813.09
9.43
Percentage difference between market reference rate 0.73 and exchange rate charged 0.66
9.43
12.0512.05
110.8660.25
Total Average Second Quarter
7.077.07
Total Average First Quarter
7.087.08
Total Average
Fee
30.7716.72
Exchange Rate Margin (%)
3.733.73
Total Cost Percent (%)
7.077.07
Total Cost (BRL) Total Cost (USD)
65.0535.36
Non-Transparent records
Bank account transfer Debit card Cash
Same day 2 days
Bank account Cash
Least Costly Corridors From Brazil