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Reais by Pix or into a bank account
Brazil has the best domestic payment rail of any destination on this list. Pix runs around the clock and is addressed by a CPF number, a mobile number or an email address, which means a sender in Geneva does not need a branch code at all if the recipient prefers it that way.
Grey pays out in reais either way: by Pix, or into an account at Banco do Brasil, Bradesco, Itaú Unibanco, Caixa Econômica Federal or Santander Brasil. What arrives is local money in a local account, not a dollar payment waiting for somebody to convert it.
Three steps to a Brazilian payment
Sign up
Five minutes, a passport or residence permit, and no charge for opening the account.
Fund
Euros by SEPA from a Swiss bank, since Grey holds no franc balance. If the desk is paid in dollars, a USD account provided by Lead Bank converts to reais without a euro leg.
Send
A Pix key, or an account number with the agência. Read the BRL total, confirm, and the rate is locked in.
Where the margin hides on EUR to BRL
Grey puts the EUR to BRL rate and the fee on the same screen before you commit. A desk reconciling a month of payments to Santos and São Paulo can see what the crossing cost on each one.
The same applies to a single payment to a freelancer in Florianópolis. The number quoted in Geneva is the number that lands in Brazil.
Fixed at confirmation, not at settlement
The real is a volatile currency, and a payment that takes days to settle can arrive worth noticeably less than when it was agreed. Grey fixes the BRL amount at the moment you confirm in Geneva.
For an invoice already denominated in reais, that is the only way to pay exactly what was agreed and not a version of it.
Grey compared with a Swiss bank transfer
A SWIFT payment from Switzerland to Brazil is converted somewhere in the chain at a rate disclosed afterwards, and it cannot touch Pix. Grey quotes EUR to BRL before you confirm and pays out to the Pix key or the bank account directly.
On the Brazilian side
Reais in the recipient's own account, credited the way a domestic transfer is. There is no Grey account to open and nothing to convert on arrival.
Pix payout
Addressed by CPF, registered mobile number or email. Pix is available 24 hours a day inside Brazil.
Bank account payout
Banco do Brasil, Bradesco, Itaú Unibanco, Caixa Econômica Federal and Santander Brasil, with the account number and agência.
GreyTag
Free between Grey users and settled within seconds, in any currency.
Funding the balance
The balance in Switzerland is the starting point for every Brazilian payment, and it is a euro balance, because francs are not held on Grey.
SEPA transfer
Euros from any Swiss bank account that can send SEPA, including PostFinance.
Trading receipts
Dollars or euros already earned can pay the next Brazilian invoice without touching a bank.
Prefunded
A standing balance means a Pix payout goes out the moment approval comes through.
Pix settles in seconds at the Brazilian end, so the only part worth preparing for is the funding leg in Switzerland.
What the Switzerland to Brazil corridor carries
Commodity services
Surveyors, inspectors, agronomists and freight agents at Santos and Paranaguá who invoice a Geneva or Zug desk in reais.
Contractors and freelancers
Brazilian developers, designers and translators paid by Pix on the day the work is signed off.
Research and industry
Clinical sites, engineers and technical partners working with Basel companies on Brazilian projects.
Family and study
Brazilians in Zurich, Geneva and Lausanne supporting relatives in São Paulo, Belo Horizonte and Recife, or paying tuition at home.
Geneva and Zug sit at one end of the world's soft commodity trade and Brazil sits at the other. Add pharmaceutical and machinery work out of Basel, plus the Brazilians who came here for either, and you have this corridor.
Why Brazil on Grey
On a currency as lively as the real, the difference between a quoted rate and one applied later can turn a correct invoice into a disputed one. Fixing the number at confirmation removes the argument.
Quoted in Geneva, settled in reais by Pix or into a Brazilian bank account, with a record of both ends.
FAQs
Can I send by Pix from Switzerland?
Yes. Grey pays out by Pix using the recipient's CPF, registered mobile number or email address as the key.
Does a surveyor in Santos receive reais or a dollar payment?
Reais. The conversion is done in Switzerland at the rate you approved, so nothing is exchanged again once the money reaches Brazil.
Which banks receive a Geneva payment in Brazil?
Banco do Brasil, Bradesco, Itaú Unibanco, Caixa Econômica Federal and Santander Brasil, or any Pix key if the recipient prefers that route.
Do I need a Brazilian bank account to use Pix?
No. A Grey balance in Switzerland is enough, and the payout reaches the recipient's Pix key without you holding anything in Brazil.
When is the BRL amount fixed?
At the moment you confirm in Geneva. Movement in the real between then and settlement is carried by Grey, not your recipient.
How do I fund a Brazilian payment?
With euros moved in by SEPA from a Swiss bank. Grey offers no franc balance, so euros are the working currency.
Can trading income in dollars be used?
Yes. A USD account provided by Lead Bank converts directly into reais, which removes a conversion from the chain.
Are the rate and the fee shown separately?
Yes, both appear on the same screen before you commit, so the cost of the crossing is visible rather than inferred.
Do I need a Swiss bank relationship to open a Grey account?
No. A valid identity document and about five minutes are enough, and the account itself is free to open.
Does my recipient need Grey?
No, unless you want to use GreyTag, which is free and instant between two Grey users in any currency.
Is Pix available at night and at weekends?
Pix runs 24 hours a day inside Brazil, so the Brazilian leg is not tied to local banking hours.
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