How to send money to Turkey from Brazil with the best BRL-TRY rate

Comparing providers when sending money from Brazil to Turkey is the easiest way to make a transfer at the best price.

Here are your best options for sending money from Brazil to Turkey

• Wise is our recommended company for transferring Brazilian Real to Turkey. Sending 40,000 BRL to TRY will cost you R$1683.48 in fees, and you will get 346,201.64 TRY. The delivery time is same day, but it depends on the day you make the transfer.

• Revolut is the overall cheapest options to send money from Brazil to Turkey. We found that Revolut fees were 60 BRL per transfer, and customers would expect an exchange rate between BRL-TRY that is 0.48% different to the mid-market rate

• Fastest way to send money from Brazil to Turkey is with Revolut. For example, if you send 40,000 BRL with Revolut to Turkey now, the transfer time is within minutes. Smaller transfers will likely be quicker, while larger transfers to India can take a bit longer.

We’ve compared 4 providers for sending Brazilian Real to Turkey. This ensures you will get the best options for your transfer to Turkey from Brazil.

The exchange rate determines the price you will pay when buying Turkish Lira.

A better exchange rate means more money being sent to Turkey.

If you are paying for services in Turkish Lira from Brazil, this can make a huge difference.

The current rate between the Brazilian Real and Turkish Lira is 8.9455, and it fluctuates all the time.

The cost of sending money from Turkey to Turkey, is made-up of a combination of fees and exchange rates:

• The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from BRL-TRY is 8.9455 TRY per Brazilian Real.

• Fees: Outside of exchange rates, you may need to pay a fee to send. Revolut currently offers the lowest fees on transfers to Turkey from Brazil. They charge 60 BRL per transfer. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The amount received in Turkish Lira is the amount you started with, minus the amount you paid in the exchange and fees.

Here's a tip, if you're making a large transfer, you can also use a forward contract to lock in an agreed exchange rate between Brazil and Turkey.

Using a bank transfer to send via money transfer company is the payment method that will get you the best price when sending from Brazil to Turkey.

Here are all the ways to send money from Brazil to Turkey:

Bank transfers

Bank transfers are often the fastest and cheapest way to send money from Brazil to Turkey.

Using a money transfer company such as Revolut for payments from Brazil to Turkey, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money with a debit card from Brazil to Turkey is easy with Revolut.


Revolut is a leader in debit card money transfers from Brazil to Turkey. They are the best option of the 4 transfer companies compared.

Credit cards

When it comes to credit card transfers from Brazil to Turkey, we recommend comparing your options to get the best deal.

Ensuring you fully understand regulations in Brazil and Turkey will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for sending money between Brazil and Turkey.

Some companies offering money transfers between Brazil and Turkey have minimum or maximum thresholds on how much you can send or receive.

Rates and fees for different transfer amounts could change - that’s why it’s best to compare BRL-TRY rates for your specific transfer amount.

For regular transfers to Turkey, shopping around each time can make a huge difference.

For sending large amounts of BRL to Turkey we'd recommend using Wise. They offer a combination of rates and fees when sending from Brazil to Turkey that is the most competitive, even at larger amounts.

There are different options for receiving Turkish Lira in Turkey.

The most popular are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all companies offering transfers from Brazil to Turkey will offer every method for incoming Turkish Lira, so it’s best to check ahead of time.

Again, a comparison of BRL to TRY providers will tell you if the method for receiving is supported.

One of the most common ways to transfer money from Brazil into Turkey is by sending directly to a bank account. Wise is the best company for bank transfers between Brazil and Turkey.

And if you need cash right away, check if cash pickup is an option for transfers between Brazil and Turkey.

P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience but are better for domestic transfers. For receiving international payments they come with more limitations and higher costs compared to money transfer options like multi-currency accounts.

If using a money transfer company to send Turkish Liras to Turkey, you will need to verify your ID at the sign up stage.

The documents you need will vary and in some cases you might need more than one.

ID can be verified in Brazil through a government issued ID such as a passport or driver's license.

If the recipient needs an ID to collect money in Turkey, it will be similar.

Large transactions between Brazil and Turkey, can be subject to additional checks. This includes proof of funds for anti-money laundering purposes.

One of the reasons Wise has scored so highly for transfers to Turkey is their easy sign up process in Brazil.

Sending regular, or larger amounts of money between Brazil and Turkey could mean there are tax declarations to consider.

Some transfers into Turkish Lira may need to be reported to tax authorities in Turkey, particularly where inheritance or property purchases are involved.

Turkey has many different tax obligations for residents and non-residents.

When in doubt, please contact a tax professional in Brazil or Turkey to discuss your personal circumstances. This ensures you are not missing any specific tax needs associated with your transfer.