Austria’s latest migration reforms are drawing more skilled workers from Brazil. In the first quarter of 2025, official data from Statistik Austria showed an 18% increase in the number of Red-White-Red Card holders from Latin America. Meanwhile, changes in import tariffs and trade policies have revitalized international economic activity. For Brazilians now living in Austria, sending money home efficiently and securely in the EUR to BRL corridor has become a top priority.

Hidden Costs of Bank Transfers: High Fees + Poor Rates

International bank transfers remain costly and inefficient. SEPA-based transfers often come with €15–€30 in fees, and intermediary banks may charge additional costs. Worse still, most banks offer subpar exchange rates. According to ECB exchange rate data , the average markup can exceed 2–3% above mid-market rates—meaning you lose €20–€30 for every €1000 transferred.

Panda Remit: A Smarter, Faster, Cheaper Way to Send Money to Brazil

Panda Remit is built for personal cross-border remittances, and offers unmatched advantages:

• Zero-fee for your first transfer

• Supports EUR to BRL transfers directly from Austria

• Live mid-market exchange rates with no hidden charges

• Money delivered within 2 to 10 minutes

• No branch visits needed—100% app-based, send money from home

Licensed & Trusted: Your Money Is Always in Safe Hands

Panda Remit is licensed by trusted global financial authorities, including the Monetary Authority of Singapore (MAS). Each transaction is encrypted and trackable in real-time via the app, giving users full visibility and peace of mind.

Real Case: Send €1000 from Austria to Brazil

Let’s compare Panda Remit and a typical bank transfer, assuming the following:

• Panda Remit offers 1 EUR = 5.9 BRL

• Banks offer 1 EUR = 5.7 BRL and charge a €20 fee

That’s nearly 300 BRL saved in one transaction.

The Smartest Way to Send EUR to Brazil in 2025

No more waiting in lines, no more overpaying for international transfers. Panda Remit is the trusted choice for Brazilians in Austria who want to support loved ones back home efficiently.

Sign up now and enjoy your first transfer with zero fees!