🇨🇦→🇧🇷
Send Money from Canada to Brazil
Businesses in Canada paying Brazil suppliers for Agriculture. Send CAD from Canada, receive BRL in Brazil with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local CAD collection + local BRL delivery = no correspondent bank fees
Save £3,030 per £100k Payment
Canada to Brazil corridor savings
Traditional Bank
£3,535
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local CAD collection
- ✓ Transparent 0.5% spread
- ✓ PIX
Your Savings
86%
£3,030 per £100k
At £300k-£3M monthly, save £7,583/year
Sending from Canada: What You Need to Know
CAD Origin Specifics
- CAD commodity currency (tracks oil/resources)
- Interac e-Transfer for fast payments
- FINTRAC oversight
Your Local Advantages
- Local CAD account available
- EFT (Electronic Funds Transfer) instant collection
- No correspondent bank fees on origin side
Local Collection Method
EFT (Electronic Funds Transfer)
T+1 to T+3 • Canadian domestic bank transfers. Standard clearing.
Paying Suppliers in Brazil: Compliance & Requirements
Regulatory Considerations
- Central Bank of Brazil (Banco Central) regulations
- Brazilian tax ID (CNPJ) required for business payments
- Currency controls apply to BRL flows
- Import license may be required for certain goods
Payment Best Practices
- PIX revolutionized Brazilian payments - instant, 24/7, free
- Brazil = World's largest coffee exporter
- BRL volatility high - use rate locks
- Most suppliers now prefer PIX over TED/DOC
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via PIX
Canada → Brazil Corridor Insights
Popular Industries
- Agriculture
- Coffee Export
- Manufacturing
Peak Trading Hours
EST/PST (GMT-5/-8) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send CAD from Canada to Brazil?
Save 86% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB