In this guide we review :
- Travelling in Brazil - Practical tips
- Buying Brazilian Real Cash Online - Travel money for Brazil
- Sending Money to Brazil - Save on Brazilian Real bank transfers
- Brazilian Real Exchange Rates - Latest info & charts.
Brazil Travel Practical Tips
Brazil is generally the most expensive country in South America so keep that in mind when deciding how much cash to carry on you. Choose a credit card which doesn't charge for currency conversion to save money on international transaction fees when travelling through South America.
Brazil's major cities have excellent metro systems, with Rio’s system being expanded for the 2016 Olympic Games. Otherwise the local buses are decent and fairly priced and can be a good way to get to know a city.
In Brazil, as with most countries in South America it is often a good idea to travel with a combination of currencies to have along with your credit card. Sometimes foreign cards may not be accepted at ATMs and often cash is the only way to pay so have some local currency and some US dollars on hand as well as you can generally pay with USD everywhere. However in some cases the only ATM's that give USD are at airports and major banks. Small towns may not have ATM's at all. Travelling with a Prepaid Travel Card can make life easier.Make a point to check your bank account for strange withdrawals as cards get skinned fairly often. Be sure to have travel insurance when traveling in South America, you could consider choosing a credit card that comes with complimentary travel insurance.
Travel Money for Brazil - Buying Brazilian Real (BRL)
Save money and time by Ordering your Brazilian Real Online from Travelex, you get better rates and can pick up the BRL cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in Brazilian Real otherwise you may get much worst exchange rates.
Brazil Trip Checklist
Sending Money to Brazil
When sending money to Brazil it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 3 simple steps :
- Open an account with a provider (id docs may be required)
- You specify the local or Brazilian Real amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted BRL amount will be transfered to the recipient account you specify in Brazil.
You can save around 5% and maybe more - end result is more Brazilian Real deposited into the recipient bank account in Brazil and less margins and fees kept by the banks!Compare Transfer Exchange Rates to Brazil