🇧🇷 Pay Suppliers in Brazil
Pay Brazilian suppliers for coffee, agricultural commodities, manufacturing, leather goods
T+0 (2.3s avg within Unicorn network). Save 86% vs traditional banks.
What you need to send money to Brazil
What details do I need to pay suppliers in Brazil?
To pay suppliers in Brazil you need the recipient's Pix Key or Bank Code (Pix (CPF/email/phone) or bank code + branch + account), plus account number and beneficiary name. Payments typically settle in 2.3 seconds and cost 0.5% FX spread + £5 per payment.
How fast are payments to Brazil?
Payments to Brazil settle in an average of 2.3 seconds when using local rails such as PIX, compared to 2–3 days via traditional SWIFT.
How much does it cost to send money to Brazil?
Unicorn Currencies charges 0.5% FX spread and £5 per payment. You save about 86% versus banks (e.g. £505 vs £3535 on a £100k transaction).
Cost Comparison: Banks vs Unicorn Currencies
See how much you save on £100,000 payment to Brazil
| Cost Item | Traditional Banks | Unicorn Currencies |
|---|---|---|
| FX Spread | 3.5% | 0.5% |
| Payment Fee | £35 | £5 |
| Total Cost (£100,000) | £3,535 | £505 |
| YOUR SAVINGS | N/A | £3,030 (86%) |
| Settlement Time | 2-3 days (SWIFT) | T+0 (2.3s avg within Unicorn network) |
Local Payment Rails in Brazil
Avoid expensive SWIFT fees. We use local payment systems in Brazil for faster, cheaper settlement.
PIX
Brazil's revolutionary instant payment system, launched 2020, now dominant
TED
Electronic transfer available during business hours
DOC
Document of credit for lower-value transactions
Who Uses This Payment Corridor
Key Industries in Brazil
- Agriculture
- Coffee Export
- Manufacturing
- Leather Goods
- Mining
Average Transaction: £75k-£300k
Typical Monthly Volume: £200k-£1.5M
Popular Supplier Types
- Coffee exporters (Minas Gerais, São Paulo)
- Agricultural commodities (Mato Grosso, Paraná)
- Leather goods (Rio Grande do Sul)
- Manufacturing (São Paulo, Rio de Janeiro)
What You Need to Know: Brazil Payments
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 Tips for Brazil
- 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
Why Choose Unicorn for Brazil Payments
Local Rails, Not SWIFT
We use PIX and other local systems in Brazil. Avoid 3-4% SWIFT fees and 2-3 day delays.
86% Lower Costs
Save £3,030 on every £100,000 payment. On £200k-£1.5M monthly volume, save up to £90,900 annually.
Bank of Canada Supervised
Registered Payment Service Provider (PSP) and FINTRAC MSB. Full regulatory compliance for Brazil payments.
Real-Time FX Tracking
Upload supplier invoices in BRL. See live P/L as GBP/BRL rates move. Lock rates for 15 seconds before committing.
£1,000,000+ Paying Suppliers in Brazil? Save 86%
Enterprise treasury for import/export businesses with T+0 (2.3s avg within Unicorn network) settlement to Brazil
For businesses with high annual FX volume. Not consumer transfers.