TED Payments
in Brazil
Same-day interbank transfer during Brazilian banking hours.
TED in Brazil
Brazilian Real · BRL
Contractor must provide bank account number, agency, and CPF.
Payment Journey
You fund in USD, stablecoin, or BTC — your contractor in Brazil chooses how they receive it.
Fund your Bitwage Balance
USD via wire/ACH/FedNow, stablecoin (USDC/USDT), or BTC. Fund once — use for all payments.
Create a payment run
Add your Brazil contractor(s) to a batch or individual payment. Set the amount in USD — Bitwage handles everything else.
Converts & delivers via TED
FX rate locks at approval. Bitwage converts USD → local currency and routes the payment via TED. Compliance screened automatically.
Funds arrive via TED
Settlement: Same day. Fees: 0.5–1%. Contractor can also choose USDC, USDT, or Bitcoin instead — they set their preference once.
How TED Works in Brazil
Bitwage submits TED instructions before the daily cut-off. The Brazilian interbank clearing system (STR) settles funds to the contractor's account the same business day.
Compliance & Security
Brazil requires foreign payments to be declared to Receita Federal. Contractors receiving foreign income must use a CPF for tax registration. Bitwage performs OFAC screening and collects W-8BEN for US reporting purposes.
The BRL is managed by Banco Central do Brasil. Bitwage locks the USD/BRL rate at execution time, giving both parties certainty before funds move. BRL can be volatile around Brazilian political events.
Other Payment Methods in Brazil
TED in Brazil FAQ
Common questions about TED payments, settlement, fees, and requirements.
TED payments to Brazil typically settle in Same day. Bitwage locks your FX rate lock at execution time so recipients receive exactly the amount shown in the payment preview.
Bitwage charges 0.5–1% for TED payments to Brazil. There are no hidden per-transfer fees beyond the displayed rate. You can see the full cost breakdown before executing via our {{link:products/contractor-payments}} platform.
Contractor must provide bank account number, agency, and CPF. Bitwage validates all payment details before executing. For batch payments to multiple contractors, use {{link:products/masspay}} to upload a CSV with all recipient details at once.
Yes. With {{link:products/masspay}} you can include any number of Brazil-based contractors in a single payment run, mixing TED with other local rails. All FX conversions are locked at batch payment processing execution time.
Start Sending TED Payments to Brazil
Settlement in Same day. Fees from 0.5–1%. OFAC screened on every payment.