Payment rail · Brazil
Payment rail · BrazilWhat is TED?
TED — Transferência Eletrônica Disponível — is Brazil’s same-day interbank transfer order, regulated by the Banco Central do Brasil and settled through its STR settlement system, with funds available to the recipient within at most an hour and a half. Poplin pays out to Brazil over TED, settling within one business day at the latest.
Source: Banco Central do Brasil (opens in a new tab)
Updated · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
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A payout to Brazil clears fastest over
Pix
settles in real time · 0.95% + $1.00 on a business account
Also reaches BRL accounts over
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over TED — and what Poplin charges to send.
Settlement
Next day
a ceiling, not the typical time
Reaches
1
country — Brazil
Paid out in
BRL
Brazilian real
Business fee
0.95%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How TED payouts move.
From your US-dollar balance to an account in Brazil — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted at mid-market
Dollars become Brazilian reals at the mid-market rate — no markup added.
Cleared over TED
Poplin clears the payout over TED, Brazil’s same-day bank transfers.
Arrives inside the window
TED settles within one business day — a ceiling, not the typical time; how fast it lands depends on the receiving bank.
// coverage
Where TED reaches.
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
TED — FAQ
Basics
What is TED?
TED — Transferência Eletrônica Disponível — is Brazil’s same-day interbank transfer order, regulated by the Banco Central do Brasil and settled through its STR settlement system, with funds available to the recipient within at most an hour and a half. Poplin pays out to Brazil over TED, settling within one business day at the latest.
Speed
How long do TED payouts take?
Over TED, Poplin payouts settle within one business day. Payments leave your account in seconds; TED then clears the payout to the recipient’s bank.
Cost
How much does it cost to send money over TED with Poplin?
A percentage of the amount plus a $1.00 fixed fee — 0.95% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage
Which countries does Poplin reach over TED?
TED is how Poplin pays out to Brazil, in BRL. Poplin also reaches Brazil over Pix (BRL) and SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to Brazil over TED.
Open a US-dollar account in minutes. No monthly fees.