Como transferir do Nubank para Portugal?

Bridging the Atlantic: How to Transfer Money from Nubank to Portugal

The dream of living, studying, or simply having a connection with Portugal is shared by many Brazilians. Whether it’s sending funds to support family, purchasing property, or managing investments, the need to transfer money from Brazil to Portugal is a common one. If you’re a Nubank user, you’ll be happy to know the process is quite straightforward. This article will guide you through how to transfer money from your Nubank account to Portugal.

Nubank, known for its user-friendly interface and streamlined banking experience, offers a convenient way to transfer funds internationally. The process is initiated directly through the Nubank app, eliminating the need for cumbersome paperwork and trips to a traditional bank. Let’s break down the steps:

Initiating the Transfer: A Step-by-Step Guide

1. Start on the Home Screen: Open your Nubank app and navigate to the main home screen of your account. This is where you’ll find the gateway to international transfers.

2. Find ‘Transferir Internac’: Look for the option that says “Transferir Internac” (Transfer International). This option is usually found within the account section of the app. You might need to scroll or explore different menu options to locate it.

3. Choose ‘Enviar’ (Send): After tapping “Transferir Internac,” you’ll be presented with two options: “Enviar” (Send) and “Receber” (Receive). Since you’re initiating a transfer from Brazil to Portugal, select “Enviar.” The “Receber” option is for receiving funds from abroad into your Nubank account.

4. Follow the On-Screen Instructions: This is where the magic happens. Once you select “Enviar,” Nubank will guide you through the remaining steps. These will likely include:

   • Recipient Information: You’ll need to provide details about the recipient in Portugal, such as their full name, address, bank name, account number (IBAN), and possibly the SWIFT/BIC code of their bank. Accuracy is crucial here, so double-check all the information before proceeding.

   • Amount to Transfer: Specify the amount you want to send in Brazilian Real (BRL). The app will likely display the equivalent amount in Euros (EUR) based on the current exchange rate.

   • Reason for Transfer: You might be asked to indicate the reason for the transfer, such as supporting family, investment, or education.

   • Confirmation and Fees: Review all the details of the transfer carefully before confirming. Nubank will clearly display any associated fees and the estimated delivery time.

   • Authentication: You’ll likely need to authenticate the transfer using your Nubank password, fingerprint, or facial recognition.

Important Considerations:

• Exchange Rates: Be aware that the exchange rate fluctuates constantly. The rate displayed in the app is usually indicative, and the actual exchange rate applied to your transfer might vary slightly.

• Transfer Limits: Nubank may have daily or monthly limits on international transfers. Check your account limits before initiating the transfer.

• Taxes and Regulations: Be aware of any Brazilian taxes or regulations that might apply to international money transfers. It’s always a good idea to consult with a financial advisor if you have any questions.

• Delivery Time: The time it takes for the money to reach the recipient in Portugal can vary depending on the specific banks involved and the transfer method used. Nubank should provide an estimated delivery time during the process.

• Alternative Services: While Nubank offers a convenient option, consider comparing exchange rates and fees with other money transfer services like Wise (formerly TransferWise) or Remessa Online. Sometimes, these services can offer more competitive rates.

Conclusion:

Transferring money from Nubank to Portugal is a relatively simple process thanks to the app’s intuitive design. By following these steps and being mindful of the important considerations, you can efficiently and securely send funds across the Atlantic to support your connections and endeavors in Portugal. Remember to always double-check the recipient’s details and compare rates to ensure you’re getting the best possible value for your money.