Coinepay | How to Send Money to Brazil from the United States: Step-by-Step Guide

Coinepay Global Remittance lets you send money to Brazil from the United States, with multi-currency support and a clear view of the exchange rate and fees before you confirm. This guide walks through what you need, how to choose a payout method, and how to track your transfer from the Coinepay app or the 24/7 self-service dashboard.

Before you start

Brazil's local currency is the Brazilian real (BRL). To send a transfer, you need a Coinepay account with identity verification (KYC) completed. If you have not registered yet, you can create an account and finish verification first, then install the app from the App Store or Google Play.

Every transfer is subject to identity verification, sanctions screening and local regulations. Coinepay screens all customers and counterparties against sanctions lists, and may ask you for supporting documents such as the purpose of the payment or the source of funds. Providing accurate information up front helps your transfer move through review smoothly.

What the sender needs

Collect the recipient's details before you begin. At a minimum you will need the recipient's full legal name exactly as it appears on their account or ID, plus the payout details for the method you choose. In Brazil, it is common for the receiving institution to require the recipient's tax ID: an 11-digit CPF for an individual or a 14-digit CNPJ for a business.

Use the recipient's real identity and real details. If any field is wrong, the payout can fail or be returned, so confirm everything with your recipient before you send.

Choosing a payout method

Coinepay supports common local payout methods for Brazil. Pick the one that matches what your recipient can receive.

Bank account deposit

For a deposit into a Brazilian bank account, you typically provide the recipient's full name, the bank name and three-digit bank code, the branch (agência) code, the account number and account type, and the recipient's CPF or CNPJ. Major Brazilian banks include Nubank, Itaú, Banco do Brasil, Bradesco, Caixa, Santander and Banco Inter.

For an international bank receipt, Brazil also uses a 29-character IBAN that encodes the bank identifier, branch and account fields, and the receiving bank will have a SWIFT/BIC code. If you are sending directly to a bank's international receiving service, ask the recipient's bank which identifiers it accepts and whether any intermediary-bank instructions apply. Note that an account set up only for domestic payments is not necessarily able to receive an international SWIFT payment, so have your recipient confirm with their bank.

Pix

Pix is Brazil's instant payment system. A Pix key can be a mobile phone number, an email address, a CPF, a CNPJ or a random identifier, each linked to the recipient's account. Confirm the exact key with your recipient and make sure it points to the account they want to use.

Mobile wallet and cash pickup

Depending on availability, you may also be able to send to a Brazilian digital wallet or arrange a cash pickup. For a wallet, the recipient needs an active account and the registered identifier; for cash pickup, the recipient collects the funds in person and should bring valid government-issued ID whose name matches the transfer exactly. Availability can vary, so check the options shown in the app for this corridor.

Step-by-step: send the transfer

Open Global Remittance. In the Coinepay app or dashboard, start a new transfer and select Brazil as the destination and BRL as the payout currency.
Choose the payout method. Pick bank deposit, Pix, mobile wallet or cash pickup, then enter the recipient's full legal name and the details required for that method.
Enter the amount. Type the amount you want to send or the amount you want the recipient to receive.
Review the exchange rate and fees. Coinepay shows the exchange rate and fees clearly before you confirm. Check them, along with the recipient details, carefully at this step.
Add the purpose and any documents. Select the purpose of the transfer and upload any requested supporting information. Brazilian foreign-exchange rules classify transactions by purpose, with distinct categories for things like gifts, transfers between the same owner, and payments for services.
Confirm. Once you approve, the transfer is submitted for processing and screening.
Track the status. Every transfer has status tracking. Follow it in the app or dashboard, and share the reference with your recipient so they know when to expect the funds.

What happens on the recipient's side

For an incoming foreign-currency payment, Brazil's rules require the beneficiary's institution to complete a foreign-exchange transaction (converting to reais) before the funds become available, and the institution reports required information such as the parties, amount, rate and purpose to the central bank. The receiving institution may request supporting documents based on its own assessment, so it can help for your recipient to check their bank's requirements before you send.

Tax treatment in Brazil depends on what the payment represents. Taxable income received from abroad by a Brazilian resident can be subject to monthly Carnê-Leão calculation and payment, while not every family transfer is treated as taxable income. If your recipient is unsure, they should confirm their obligations with their bank or a tax professional.

Troubleshooting

Wrong recipient details

Incorrect bank, branch, account or Pix-key information can prevent the payout or cause it to be returned. If you spot a mistake before processing completes, check whether the transfer can still be edited or cancelled in the app, and contact Coinepay support if you need help.

Compliance review

Transfers can be held when identity, recipient, relationship, purpose or supporting information is missing or needs clarification. Respond promptly to any request for documents. If an irregularity cannot be resolved, a transfer may be cancelled and the funds returned to you.

Delays

Delivery time can be affected by the payout method, transaction review, the time needed to complete the foreign-exchange step, identification requirements, system availability, time zones and local agent hours. Check the live status in your dashboard before assuming something is wrong.

Returned transfers

If a payout cannot be completed because the account cannot receive the payment or details do not match, the transfer may be returned. Verify the corrected details with your recipient and start again, or reach out to support for guidance.

Sanctions and eligibility

Coinepay sends to every country and region except those under comprehensive sanctions, and does not serve sanctioned persons. Brazil is a supported destination from the United States. Some services are not available in every jurisdiction, and services related to virtual assets are not available to residents of mainland China. Card issuance and fund services are provided by licensed partner financial institutions.

Need help? Visit the Coinepay website, contact support, or reach the team on Telegram.

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FAQ

What details do I need to send money to a bank account in Brazil?

You typically need the recipient's full legal name, the bank name and bank code, the branch (agência) code, the account number and type, and the recipient's CPF (individuals) or CNPJ (businesses). For direct international bank receipts, Brazil also uses a 29-character IBAN and the bank's SWIFT/BIC. Confirm exactly what the recipient's bank accepts.

Can I send to a Pix key with Coinepay?

If Pix is offered for this corridor in your app, you can send to a recipient's Pix key, which may be a mobile number, email, CPF, CNPJ or random identifier linked to their account. Confirm the exact key with the recipient before sending.

How do I know the exchange rate and fees?

Coinepay shows the exchange rate and fees clearly in the app or dashboard before you confirm the transfer. Review them at the confirmation step along with the recipient's details.

Why is my transfer under review?

Transfers are subject to identity verification, sanctions screening and local regulations. Coinepay may request documents such as the purpose or source of funds. Missing or unclear information can hold a transfer until it is resolved. Respond promptly to any request.

Will my recipient in Brazil pay tax on the money?

It depends on what the payment represents. Income received from abroad by a Brazilian resident can be subject to monthly Carnê-Leão tax, while not every family transfer is taxable income. Your recipient should confirm their obligations with their bank or a tax professional.

How to Send Money to Brazil from the United States: Step-by-Step Guide