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I'm not Brazilian but I'm latino and I want to say Thank You OP because I would never see any of these posts if it wasn't because you share them. I mean it, Thank you! 🙏
I would try Revolut I have had a really good experience with
I’m not Brazilian but I’ve lived there for 5 years. I didn’t do much of a strategy with my money transfer. I just checked the transfer app rates and asked my bank (Santander Select) to do the same rate. I had to transfer a higher amount to achieve that rate but it was worth it. It was simple and easy, the only cost was $18 income wire transfer from Truist.
No problem! Exchange rate is pretty volatile in Brazil due to covid and political problems. Also, HYSA in brazil are 10% - 15% per year. Which is honestly what I’m trying to do. Have a little emergency fund there and maybe profit even more if the exchange rate gets better. If anyone invests in other countries please let me know! Thanks!