Transferring money from Brazil to U.S.

[Guy&Val 0]

Hi, I have been doing some research on here trying to find out what is the best way to transfer money from Brazil to the states. The only postings I have found have been transferring smaller amounts of money but what I am looking for is for rather large amounts. (close to 200,000 U.S) I also read the postings from the UK people suggesting moneycorp.com and another similar service but I'm not so sure we can do this from Brazil. So if anyone out there has any suggestions we would like to know.

Thanks!!

[Sand 5]

Hi,

if u want to transfer ur money with some company, like westren union. .. westren union will charge you so much tax, but if u want to send make sure to send them with Money Gram. they charge at every hundred dollar 9.99C better than to pay $11 for westren unuion.. but !!! still u will pay so much money for that money !!! MMmmmMmmmM u cant put them In visa card and cash them in the U.S ???

have u asked this ?

[Lansbury 19]

www.xe.com show Brazilian currency in their list and certainly the amounts of money you are speaking about you would need to go through a currency broker like them.

MoneyCorp are based in London but have an office in Florida:-

USA

Moneycorp Inc

215 Celebration Pl

Suite 500

Celebration

Florida

34747

Tel: +1 (321) 559 1050

Fax: +1 (321) 559 1002

Certainly worth contacting either and asking if they can help. If they can't I would expect that they can recommend a similar company who can. Next choice would be a major Brazilian bank but you would almost certainly not get as good as an exchange rate as the like of xe or moneycorp.

Edited August 25, 2007 by Lansbury

[kitkat1 5]

Aside from the exchange issues, couldn't you get a check written in US dollars that you could then deposiit in the US? I did this once in the past with a large check from Chile, but the check was written by a "special" kind of bank in New York (perhaps that's a currency broker as mentioned - I can't recall much about it unfortunately). Might be worth investigating as western union or something like that would make no sense due to the fees.

[Dan J 277]

Usually western union and other money transfer services have limits of $500 to $3000. Your best bet is talking to your bank, and doing am international wire transfer. A transfer that large will have to be reported to the US Government.