Author Archives: Julie Rosen

Most everyone who wires money to Brazil using the internet are either wiring from either the United States (42%), Japan (32%), or Germany (16%). Behind Mexico, Brazil is the second-highest recipient of money transfers from immigrants working in Latin and South America. According to the Central Bank of Brazil over $2.8 is sent through formal corridors, and thanks in big part to money transferred through the web, it is becoming easier to accurately estimate that figure. Continue reading →